Type Listed company Area served Hong Kong and Macau Founded 1910 | Industry Conglomerate Headquarters Hong Kong | |
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Formerly called The Macao Electric Lighting Company Limited Key people Chairman: Mr. Lawrence Ho Website Melco International Development Limited Stock price 0200 (HKG) HK$ 13.74 +1.04 (+8.19%)17 Mar, 4:09 PM GMT+8 - Disclaimer Subsidiaries Melco International Investment Consultation (Beijing) Co., Ltd. | ||
Melco International Development Limited (SEHK: 200), formerly The Macao Electric Lighting Company Limited, is one of the 100 oldest companies in Hong Kong. It was founded in 1910 and was among the first 100 companies established in Hong Kong. It was listed on the Hong Kong Stock Exchange in 1927. It engages in leisure, gambling and entertainment, technology, and property businesses in Hong Kong, Macau, and the Philippines.
The chairman of Melco is Lawrence Ho, the son of Dr. Stanley Ho, a Hong Kong and Macau billionaire.
In 2004, the company entered a joint venture with the Australian gaming company Crown Limited to establish Melco Crown Entertainment Limited (Melco Crown). In 2011, Melco Crown acquired a 60% interest in Studio City Macau, a large-scale integrated resort project on Cotai, Macau.