Wynn Macau (HK:1128) has released an update.
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Wynn Macau has set an annual cap of HK$1,167.5 million (approximately US$150 million) for its Intellectual Property License Agreements for the year ending December 2025. This financial arrangement, involving the use of intellectual properties from Wynn Resorts Holdings, reflects the company’s strategic financial planning amid ongoing connected transactions. The cap determination is based on the exchange rate of US$1=HK$7.7831.
For further insights into HK:1128 stock, check out TipRanks’ Stock Analysis page.
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