Levo Chan now CEO of Macau Legend
Levo Chan replaces Melinda Chan as Macau Legend CEO.
Chan Weng Lin, boss of Macau casino junket brand Tak Chun, has become the chief executive of Hong Kong-listed Macau Legend Development Ltd. The latter is a firm with Macau properties housing casino gaming under so-called service agreements with Macau licensee SJM Holdings Ltd.
A Tuesday filing said that Melinda Chan Mei Yi – sitting CEO of Macau Legend, as well as being the spouse of fellow company-figurehead, David Chow Kam Fai – was stepping down, but would remain an executive director.
The board rejig follows confirmation in late November that interests controlled by Tak Chun boss had upped interest in Macau Legend to 33.19%. That was after the closure of a HKD809.8 million compulsory offer for shares of Macau Legend under Hong Kong’s Takeovers Code.
