text: Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Hong Kong, the People's Republic of China, Cambodia, and the Philippines. The company operates through two segments, Gaming, Leisure and Entertainment; and Property and Other Investments. It develops and operates casinos and gaming venues; leases electronic gaming machines; and designs, manufactures, and distributes gaming chips and plaques. The company also provides catering, entertainment, and related services; and services and solutions for distribution of lottery products, as well as trades in lottery terminals and parts. In addition, it is involved in the restaurant operations; restaurant vessel holding and letting; and property investment activities, as well as in the provision of management services. As of December 31, 2015, the company operated approximately 1,550 electronic gaming machine seats. The company was formerly known as The Macao Electric Lighting Company, Limited and changed its name to Melco International Development Limited in 1988. Melco International Development Limited was founded in 1910 and is headquartered in Central, Hong Kong.
  20,548 Employees Last Reported Date: 03/31/17
  Melco International Considers Acquisition Of Entertainment Gaming Through EGT Entertainment Or Other Subsidiary
  Melco International Development Limited (SEHK : 200) is reviewing potential strategic alternatives with respect to the acquisition of Entertainment Gaming Asia Inc. (NasdaqCM:EGT) through EGT Entertainment Holding Limited or another wholly owned subsidiary of Melco. As part of this Melco will acquire the shares which is not already owned by EGT. The price range of the proposed transaction can be in the range of approximately $2.10 to $2.25 per share, in cash via a tender offer. Melco also notes that no determination to make an offer has been made and Melco may not make any such offer. Any such transaction would be financed using available cash on hand. The transaction would be subject to a number of conditions, including the valid tender of at least a majority of the issued and outstanding common stock, excluding common stock owned by EGT Entertainment. Melco intends to have further discussions and other communications with the Entertainment Gaming and the Board of Directors of the Entertainment Gaming and may also have discussions and other communications with other persons or entities (including other stockholders of the Entertainment Gaming) regarding the transaction or any other transactions involving Entertainment Gaming.
  Melco International Development Limited Proposes Special Final Dividend for the Year Ended December 31, 2016, Payable on July 4, 2017
  The Board of Melco International Development Limited has recommended a special final dividend of 2.0 cents (2015: 2.0 cents) per share, totaling approximately HKD 30,876,000 (2015: HKD 30,933,000), for the year ended 31 December 2016, to shareholders whose names appear on the Register of Members of the Company on 19 June 2017. The proposed special final dividend is subject to approval by the shareholders of the company at the forthcoming annual general meeting. The proposed dividend is expected to be paid on 4 July 2017. The special final dividend is subject to shareholders' approval at the forthcoming annual general meeting.
  Melco International Development Limited Reports Audited Consolidated Earnings Results for the Full Year Ended December 31, 2016
  Melco International Development Limited reported audited consolidated earnings results for the full year ended December 31, 2016. For the year, the company reported revenues were HKD 23,852,811,000 against HKD 395,082,000 a year ago. Profit before tax was HKD 9,928,968,000 against HKD 92,077,000 a year ago. Profit for the year attributable to owners of the company was HKD 10,365,940,000 or HKD 6.72 diluted per share against HKD 100,924,000 or HKD 0.06 diluted per share a year ago. Adjusted EBITDA was HKD 5,304.6 million compared to HKD 350.3 million a year ago. Net assets value per share attributable to equity shareholders was HKD 14.6 compared to HKD 8.0 a year ago. During the year ended 31 December 2016, the Group recorded a net cash inflow of HKD 13,187.6 million compared to net cash outflow of HKD 82.3 million in 2015.