The Chairman of Success Universe Group says the company remains dedicated to its investment in Macau’s Ponte 16, despite the forced closure of the property’s satellite casino as per government regulations late last year.
Sonny Yeung stated in the group’s Annual Report, published Wednesday, that Success Universe would continue exploring options to enhance Ponte 16’s value via various non-gaming attractions, while also focusing on growth in its other business verticals.
Success Universe holds a 49% stake in Ponte 16’s operating entity Pier 16 – Property Development, with the remaining 51% owned by concessionaire SJM Holdings.
In the Annual Report, Yeung said Ponte 16 had last year “enhanced its offerings, including cultural programming and premium hospitality, to deliver a differentiated experience, reinforcing its position as a cultural and tourism landmark in the Inner Harbour area.
“Following the cessation of Casino Ponte 16’s operation in November 2025 as disclosed in the Voluntary Announcement issued by the Company dated 20 November 2025, the Group remains steadfast in its investment in the Ponte 16 project as Ponte 16 continues to explore new hospitality and leisure-entertainment initiatives that will drive sustainable long-term value.”
Success Universe also owns a travel business, Jade Travel Ltd, which sells travel tickets and tour packages and other related services, and also manages real estate assets in Hong Kong.
On Jade Travel, the Yeung said the company is looking to capitalize on international travel demand by “strengthening its presence in North America and [having] expanded its distribution capability with the strategic addition of a Hong Kong travel agent licence in 2025.
“The resurgence in international tourism and improved air connectivity have driven a meaningful recovery in passenger demand and bookings. The Group continues to enhance its digital platforms and product suite, ensuring it is well placed to capture cross-border travel flows and deliver superior service to both wholesale and retail clients.”
Yeung added, “With a prudent yet agile operational strategy, the Group will remain vigilant in assessing market conditions and further strengthen its portfolio to pursue sustainable development across the travel, leisure and entertainment, as well as investment sectors. The Group is firmly positioned to navigate any near-term uncertainties, seize emerging opportunities and create enduring long-term value for shareholders in the years to come.”
