Studio City International Holdings Limited Announces Confidential Filing of Draft Registration Statement for Initial Public O...
August 14 2017 - 08:51AM
Studio City, the Hollywood-inspired cinematically-themed integrated
entertainment, retail and gaming resort, today announces that
Studio City International Holdings Limited
(“
SCIH”) has submitted on a confidential basis to
the U.S. Securities and Exchange Commission (the
“
SEC”) a draft registration statement for a
possible initial public offering (“
IPO”) of
American Depositary Shares (“
ADSs”) representing
ordinary shares of SCIH. The number and dollar amount of ADSs
proposed to be offered and sold have not yet been determined.
The proposed IPO is expected to commence as
market conditions permit and is subject to SCIH publicly filing
with the SEC a registration statement on Form F-1 in compliance
with the U.S. Securities Act of 1933, as amended (the
“Securities Act”), and the SEC’s declaring such
registration statement effective.
This announcement is being made pursuant to and
in accordance with Rule 135 under the Securities Act. As required
by Rule 135, this announcement does not, and is not intended to,
constitute an offer to sell or a solicitation of an offer to
purchase any securities in the United States or elsewhere, and it
does not, and is not intended to, constitute an offer, solicitation
or sale of any securities in any state or jurisdiction in which
such an offer, solicitation or sale would be unlawful.
Safe Harbor Statement
This press release contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Statements that are not historical facts, including
statements about SCIH’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties, and a number of factors could
cause actual results to differ materially from those contained in
any forward-looking statement. These factors include, but are not
limited to, (i) growth of the gaming market and visitation in
Macau, (ii) capital and credit market volatility,
(iii) local and global economic conditions, (iv) our
anticipated growth strategies, (v) gaming authority and other
governmental approvals and regulations and (vi) our future
business development, results of operations and financial
condition. In some cases, forward-looking statements can be
identified by words or phrases such as “may”, “will,” “expect,”
“anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “potential,” “continue,” “is/are likely to” or other
similar expressions. Further information regarding these and other
risks, uncertainties or factors is included in SCIH’s or its
affiliates’ filings with the SEC. All information provided in this
press release is as of the date of this press release, and SCIH
does not undertake any duty to update such information, except as
required under applicable
law.
For investment community, please
contact:
Ross Dunwoody Vice President, Development and
Investor Relations Tel: +853 8868 7575 or +852 2598 3689 Email:
rossdunwoody@melco-resorts.com
For media enquiry, please
contact:
Chimmy Leung Executive Director, Corporate
Communications Tel: +852 3151 3765 Email:
chimmyleung@melco-resorts.com
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