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Macau Legend Announces Early Termination of Service Agreement with SJM

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Macau Legend Announces Early Termination of Service Agreement with SJM

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An update from Macau Legend Development ( (HK:1680) ) is now available.

Macau Legend Development Limited announced the early termination of its service agreement with SJM Resorts S.A., effective from November 13, 2025. This decision will lead to the discontinuation of SJM’s operations at Casino Legend Palace in Macau, and the company will take necessary steps to ensure an orderly closure. This move may impact the company’s operations and stakeholders, urging caution among shareholders and potential investors.

The most recent analyst rating on (HK:1680) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Macau Legend Development stock, see the HK:1680 Stock Forecast page.

More about Macau Legend Development

Macau Legend Development Limited is a company incorporated in the Cayman Islands, operating in the entertainment and leisure industry. The company, along with its subsidiaries, focuses on providing services related to selling, promotion, advertising, customer development, and coordination of activities, particularly in the casino sector.

YTD Price Performance: -71.64%

Average Trading Volume: 243,764

Technical Sentiment Signal: Sell

Current Market Cap: HK$325.6M

Find detailed analytics on 1680 stock on TipRanks’ Stock Analysis page.

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