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Macau casino operator SJM Holdings Ltd says its Cotai property, the HKD39-billion (US$5-billion) Grand Lisboa Palace (pictured), has now passed the government’s “final inspections”. The comments were made by SJM Holdings’ chief executive, Ambrose So Shu Fai, in the company’s annual report issued on Thursday. “At Grand Lisboa Palace, we have passed several of the final government inspections, and we expect to receive our operating permit soon,” stated Mr So. The firm has anticipated the Cotai project will open “during the first half of 2021,” according to previous corporate information. The CEO added: “The subsequent opening of the Grand Lisboa Palace will relieve some of the cost pressures on our existing operation, as we will be able to transfer a large number of current employees to the new property.” ....