Sands China Extends Shared Services Deal with LVS

Sands China (HK:1928) has released an update.

Sands China has renewed its shared services agreement with its controlling shareholder, LVS, for another year starting January 1, 2025. This agreement covers marketing and transportation services among others, with an annual cap of $12.4 million set for marketing services. These transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules.

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