Hong Kong-listed gaming investor Century Entertainment International Holdings Ltd said in a Monday announcement that one if its major shareholders, Ms Ho Tsz Ying, has transferred all of her shares in the company, with at least some of those shares received by the company’s CEO and Executive Director, Tang Ho Ka.
According to information contained within a filing, Ho transferred the entirety of her 35,980,459 shares, representing 28.05% of issued share capital, on 4 May 2026 and no longer holds any shares in the company. However, questions remain over the nature of the transfer given that Century Entertainment named Tang as transferee of the shares but at the same time said he had received 2,518,633 ordinary shares, representing approximately 1.96% of the total issued share capital of the company.
The filing does not make any reference to the discrepancy nor where the rest of the shares were transferred. It is also notable that trading in Century Entertainment’s shares remains suspended after the company’s auditor last year issued a disclaimer of opinion on its financial statements.
In Monday’s filing, Century Entertainment warned that investors should pay attention to the risks relating to the transaction structure and shareholding change following the transfer of shares by Ho.
The transfer comes just a month after former Macau junket figure Ng Man Sun was appointed as Chairman and Executive Director of the Board of Directors of Century Entertainment, having exited as Chairman and CEO a year earlier. His return saw Tang step down as Chairman but stay on as CEO.
Ho assumed her substantial stake in Century Entertainment directly from Ng Man Sun in late 2024 after entering into a sale and purchase agreement through which she purchased the convertible bonds issued by the company to Ng in the principal amount of HK$32 million and due in December 2026, as well as a placement agreement for the placement of 35,980,459 shares owned by Ng in her favor.
Those transactions saw Ng called out, but not censured, for dealing in securities of the company during a mandatory 30-day blackout period prior to release of its interim results.
Century Entertainment was formerly known as Amax International Holdings, which under Ng’s watch and thanks to his connections to Dr Stanley Ho was a significant player in Macau’s junket industry.
Amax also held a near-25% stake in the Greek Mythology casino which it wrote-off as an asset in 2019, some four years after Macau’s DICJ ordered its closure.
Rebranded as Century Entertainment in 2019, Century Entertainment ran gaming tables in Cambodia pre-COVID but has since exited that business. Last year it entered into a partnership with Philippines-based World Platinum Technologies Inc (WPT) to develop, operate and monetize online-gaming-related mobile apps.
It has also flagged the possibility of operating gaming tables at a casino in Vietnam, revealing late last year it had signed a non-binding letter of intent in such regard.
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