Wynn Macau (HK:1128) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Wynn Macau has set an annual cap of HK$1,167.5 million (approximately US$150 million) for its Intellectual Property License Agreements for the year ending December 2025. This financial arrangement, involving the use of intellectual properties from Wynn Resorts Holdings, reflects the company’s strategic financial planning amid ongoing connected transactions. The cap determination is based on the exchange rate of US$1=HK$7.7831.
For further insights into HK:1128 stock, check out TipRanks’ Stock Analysis page.