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SJM Holdings ( (HK:0880) ) just unveiled an announcement.
SJM Holdings has renewed its master agreement with controlling shareholder STDM, under which the STDM group will continue to supply hotel accommodation, promotional and advertising, food and beverage, transportation, maintenance, laundry, and hotel management and operation services to SJM’s properties for 12 months from 1 January 2026. The company has also kept in place its longstanding chips agreement with STDM, approving new annual caps for these transactions for the three years to end-2028.
At the same time, SJM Resorts and NYH, an indirect wholly owned subsidiary of STDM, have agreed to terminate their right-to-use-a-shop arrangement with effect from 1 January 2027, ending that stream of connected transactions. The renewed service and chips arrangements, which fall under Hong Kong’s connected transaction rules, ensure continuity of key operational support from its controlling shareholder while slightly reshaping the group’s related-party exposure through the shop agreement’s scheduled termination.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
More about SJM Holdings
SJM Holdings is a Macau-based casino gaming and hospitality operator with a portfolio of integrated resorts, hotels and related entertainment facilities. The group focuses on providing gaming services alongside hotel accommodation, food and beverage, transportation and other support services, primarily serving visitors to Macau’s tourism and gaming market.
Average Trading Volume: 12,740,391
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$16.9B
Learn more about 0880 stock on TipRanks’ Stock Analysis page.