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MGM China Holdings ( (HK:2282) ) has shared an announcement.
MGM China Holdings has signed a new Long Term Branding Agreement with its connected counterparties to replace the existing Third Renewed Branding Agreement, which is due to expire on 31 December 2025. The new agreement, effective from 1 January 2026 and with a term of up to 20 years, governs the continued use of the MGM brand and related arrangements and has an annual cap for the year ending 31 December 2026 that triggers reporting, announcement and annual review requirements under Hong Kong’s connected transaction rules, but is exempt from independent shareholders’ approval. The company will set annual caps for subsequent years in line with listing requirements, and an independent financial adviser has confirmed that the extended duration is consistent with normal business practice for similar long-term branding arrangements.
The most recent analyst rating on (HK:2282) stock is a Buy with a HK$18.50 price target. To see the full list of analyst forecasts on MGM China Holdings stock, see the HK:2282 Stock Forecast page.
More about MGM China Holdings
MGM China Holdings Limited is a Macau-based gaming and hospitality operator engaged in the development, ownership and management of casino resorts. The company operates integrated resort facilities targeting gaming, leisure and entertainment customers in the Macau market, under the MGM brand associated with its U.S. parent group.
Average Trading Volume: 6,809,656
Technical Sentiment Signal: Buy
Current Market Cap: HK$63.12B
For a thorough assessment of 2282 stock, go to TipRanks’ Stock Analysis page.