澳门励骏2023 年报

Contents Corporate Information2Corporate Profile5Chairman’s Statement7Management Discussion and Analysis9Directors and Senior Management20Corporate Governance Report27Environmental, Social and Governance Report45Directors’ Report88Independent Auditor’s Report99Consolidated Statement of Profit or Loss andOther Comprehensive Income106Consolidated Statement of Financial Position107Consolidated Statement of Changes in Equity108Consolidated Statement of Cash Flows109Notes to the Consolidated Financial Statements111Financial Summary207Particulars of Major Properties208Definitions209 公 司 資 料 Corporate Information PLACE OF INCORPORATION Cayman Islands BOARD OF DIRECTORS Executive Directors Mr Li Chu Kwan(Chairman & chief executive officer)(appointed as chief executive officer on 1 January 2023)Ms Chan Mei Yi, Melinda(Vice-chairman)(appointed as Vice-chairman on 1 January 2023) Non-executive Directors Ms Ho Chiulin, LaurindaMr Li Chun TakMr Wong Che Man Eddy Independent non-executive Directors Mr Wang Hongxin(alias Wang, Charles Hongxin)Mr Lau Ngai Kee, RickyMr Mak Ka Wing, Patrick AUDIT COMMITTEE Mr Lau Ngai Kee, Ricky(Chairman)Ms Ho Chiulin, LaurindaMr Wang Hongxin(alias Wang, Charles Hongxin)Mr Mak Ka Wing, Patrick REMUNERATION COMMITTEE Mr Wang Hongxin(alias Wang, Charles Hongxin) (Chairman)Mr Li Chu KwanMr Lau Ngai Kee, RickyMr Mak Ka Wing, PatrickMr Wong Che Man Eddy NOMINATION COMMITTEE Mr Mak Ka Wing, Patrick(Chairman)Mr Wang Hongxin(alias Wang, Charles Hongxin)Mr Lau Ngai Kee, RickyMr Wong Che Man Eddy AUTHORISED REPRESENTATIVES Mr Li Chu KwanMs So Ka Man Corporate Information (Continued) COMPANY SECRETARY Ms So Ka Man REGISTERED OFFICE Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS INMACAU Palace Building, Macau Fisherman’s WharfAvenida da Amizade e Avenida da Dr. Sun Yat SenMacau PRINCIPAL PLACE OF BUSINESS IN HONG KONG 3021 21/F, Entertainment Building30 Queen’s Road CentralCentralHong Kong CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 18317M17121716 Computershare Hong Kong Investor Services LimitedShops 1712–171617M Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong HONG KONG LEGAL ADVISERS Howse Williams, Solicitors INDEPENDENT AUDITOR Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor Corporate Information (Continued) PRINCIPAL BANKERS Industrial and Commercial Bank of China (Macau) LimitedBanco Nacional Ultramarino, S.A.Luso International Banking LimitedThe Bank of East Asia, Limited – Hong Kong BranchBank of Communications Co., Ltd. – Hong Kong Branch LISTING INFORMATION 16801,000 Place of ListingMain Board of The Stock Exchange of Hong Kong LimitedStock Code1680Board Lot1,000 Shares INVESTOR RELATIONS (853) 2822 2211(853) 2822 2266ir@macaulegend.com Tel: (853) 2822 2211Fax: (853) 2822 2266Email: ir@macaulegend.com WEBSITE www.macaulegend.com www.macaulegend.com Corporate Profile Macau Legend Development Limited (the “Company”) was incorporatedunder the laws of the Cayman Islands on 5 October 2006. The Companyacts as an investment holding company. The Company and its subsidiaries(collectively referred to as the “Group”) is one of the leading owners ofentertainment and casino gaming facilities in Macau. The Group currently hasMacau Fisherman’s Wharf operated by MFW Investment (“MFW”), which isa waterfront integrated gaming, hotel, convention and entertainment complexlocated on the Macau Peninsula which follows the “Leisure, Tourism,Economic and Multi-Cultural Diversification” policy of the government of theMacau Special Administrative Region of the People’s Republic of China. (i)(ii)Savan Legend(iii) The Group’s businesses include (i) the provision of gaming services toSJM for the operation of Legend Palace Casino; (ii) the operation of casinoinside Savan Legend Resorts Hotel and Entertainment Complex in the LaoPeople’s Democratic Republic (“Lao PDR”); and (iii) the operation of hotels,entertainment and leisure facilities within its properties. Chairman’sStatement 主 席 報 告 Chairman’s Statement 5.728.241,000,000,000177,700,000,000901,600,00026.7%EBITDA185,900,000218,800,000 In 2023, travel restrictions had been cancelled in phases, leading to recoveryin visitation to Macau. According to the figures released by the MacauSAR Government Statistics and Census Service, the annual recorded visitssurged from about 5.7 million in 2022 to about 28.2 million visits in 2023;and according to