Paul Y Engineering raises $411 million for luxury Macau project

The Hong Kong construction company is teaming up with a well-known Macau dealmaker to build a boutique hotel and casino that will become the main asset of the group.
<div style="text-align: left;"> Macau's Cotai Strip </div>
<div style="text-align: left;"> Macau's Cotai Strip </div>
January 25, 2013

Paul Y Engineering Group (PYE), a Hong Kong-listed construction and engineering firm, has raised $411 million from the sale of new shares and convertible bonds that will be put towards a highly exclusive boutique casino project in Macau.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media