![]() ![]() The company raised US$1.5 billion in an initial public offering on the Hong Kong Stock Exchange in 2011. Pansy helped form MGM China in a joint venture with billionaire Kirk Kerkorian’s MGM Resorts. She was appointed managing director of Shun Tak during Macau’s handover from Portugal to China in 1999, and became chairman after her father stepped down in 2017. She eventually ended up running Shun Tak Holdings Ltd., a publicly-traded conglomerate that operates ferry and helicopter services linking Hong Kong and Macau. Here are four people to watch as the family saga over control of the nearly US$6 billion business continues.īorn in 1962 to Stanley and his second wife, Lucina Laam King-ying, Pansy studied marketing and business at Santa Clara University in California before pursuing a brief TV acting career in Hong Kong. ![]() The alliance gives her the upper hand over Angela Leong, the fourth wife of 97-year-old Ho, and her main rival in the battle for control of Macau’s original gaming company. Ho announced that she had joined up with some siblings and the Henry Fok Foundation and would hold a combined 53 per cent in Sociedade de Turismo e Diversoes de Macau, which controls casino operator SJM Holdings Ltd. ![]() A new alliance emerged among some of billionaire Stanley Ho’s 17 children in the decade-long family battle for his Macau casino empire, and eldest daughter Pansy looks the likely victor. ![]()
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