Success Universe Group Increases Gambling Stake

Success Universe Group Increases Gambling Stake
June 2, 2018

With casinos raking it in, there is no reason why others wouldn’t want to join in the earnings. One investor is increasing his stake in Success Universe Group. In a Hong Kong Stock Exchange filing, Success Universe Group announced that Sonny Yeung Hoi Sing, the chairman, and executive director, increased his stake in the company. He will increase his shares from 52.10 percent to 71.52 percent. The new investment rose 19.42 percent. Yeung is buying the shares through Silver Rich Macau. The purchase of shares provides him control over 3.52 billion SUG shares. The announcement is linked to a deal… Read More