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Sands China ( (HK:1928) ) just unveiled an announcement.
Sands China has signed a 2026 Shared Services Renewal Agreement with its controlling shareholder Las Vegas Sands to extend their existing shared services arrangement for three years from 1 January 2026 to 31 December 2028. The renewed agreement covers the continued provision of marketing services targeting casino patrons and loyalty card members, as well as transportation and related services and certain fully exempt transactions between the two groups, with fees for marketing services charged on a cost basis and allocated in a fair and equitable manner. As LVS is a connected person under Hong Kong’s Listing Rules, these transactions are classified as continuing connected transactions subject to reporting, announcement and annual review requirements, but they remain exempt from independent shareholders’ approval, ensuring regulatory compliance while formalising operational support between Sands China and LVS.
The most recent analyst rating on (HK:1928) stock is a Buy with a HK$24.50 price target. To see the full list of analyst forecasts on Sands China stock, see the HK:1928 Stock Forecast page.
More about Sands China
Sands China Ltd. is a Macau-based integrated resort and casino operator, focusing on gaming, hospitality, retail, and entertainment properties. The company operates large-scale integrated resorts and collaborates closely with its controlling shareholder, Las Vegas Sands Corp. (LVS), to leverage shared marketing, transportation, and related support services across their global customer base and resort network.
Average Trading Volume: 16,975,923
Technical Sentiment Signal: Hold
Current Market Cap: HK$166.1B
For detailed information about 1928 stock, go to TipRanks’ Stock Analysis page.