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Macau casino listing expected soon

AUSTRALIA – As reported by the Australian : "The $1 billion NASDAQ listing of James Packer's Macau casino interests could go ahead as early as next month.

"Hong Kong media reported that the long-expected listing of the Macau casino assets of Packer's Publishing and Broadcasting and the Hong Kong based Melco could get under way in December.

"This follows the recent decision by the Hong Kong Stock Exchange to withdraw its objection to Melco's plans.

"…Investment bankers at Credit Suisse, Citigroup and UBS have been working on the proposed NASDAQ listing for some months."

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