A Long History and a Bright Future
Melco International Development Limited (“Melco International” or the “Company” or the “Group”) was founded in 1910 and listed on the Hong Kong Stock Exchange in 1927. Under the leadership of Chairman and Chief Executive Officer Mr. Lawrence Ho, Melco International has found new energy and direction as a dynamic company that leads the field in the leisure and entertainment sector. Our group companies are responding to the changing dynamics with vibrant, imaginative products and services that fulfill the demands and dreams of the increasingly affluent and ambitious young generation.
Confidence Leads to Growth, Growth Leads to Confidence
Characterizing all Melco International companies is confidence that stems from recent successes in repositioning businesses for long-term growth and the development of unique, proprietary products and services in attaining market leadership.
In May 2016, Melco International became the single largest shareholder of its subsidiary Melco Resorts & Entertainment, a leading developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. This further bolstered the Group’s financial position through incorporation of the full financial contributions of Melco Resorts & Entertainment as an accounting subsidiary.
The accolades that Melco International has received over the past several years proved that our achievements have been widely recognized. The Group is the first entertainment company to receive the “Hong Kong Corporate Governance Excellence Awards 2009” by the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University. In 2017, Melco International has been honored with the “Corporate Governance Asia Annual Recognition Awards” for 12 consecutive years since 2006, and the “Best Investor Relations in Hong Kong” for 6 consecutive years by Corporate Governance Asia magazine. Its Chairman and Chief Executive Officer, Mr. Lawrence Ho was granted the “Leadership Gold Award” in the Business Awards of Macau in 2015, and was awarded “Asia’s Best CEO” at the Asian Excellence Awards by Corporate Governance Asia magazine for the seventh time in 2018.
Melco International was a founding signatory of the Hong Kong Corporate Governance Charter launched by The Chamber of Hong Kong Listed Companies. The aim of the Charter is to strengthen and foster a corporate governance culture among listed companies in Hong Kong. Based on the performance in corporate responsibility, the Group has been included as a constituent member of the “Hang Seng Corporate Sustainability Index” since 2013.