Summary by Moomoo AI
MGM China announced on May 2, 2024 that its holding shareholder, MGM International Hotels Group, had announced on May 1, 2024 the unaudited quarterly report for the first quarter ended March 31 of the same year. The quarterly report is based on US accepted accounting principles and differs from the international financial reporting guidelines adopted by MGM China when listing on the main board of the HKEX. MGM International Hotel Group currently holds approximately 56% of the issued share capital of MGM China. THE COMPANY REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS THAT THE QUARTERLY REPORT HAS NOT BEEN AUDITED OR REVIEWED BY AUDITORS AND ADVISES SHAREHOLDERS AND POTENTIAL INVESTORS TO EXERCISE CAUTION WHEN BUYING AND SELLING MCM CHINA SECURITIES.