Mister Coke
Thu, 19 Nov 2009 13:39:42 -0800
Playboy Cancels Plan To Open Entertainment Venue In Macau HONG KONG (Dow Jones)--Playboy Enterprises Inc. (PLA) has canceled its plan to open an entertainment venue in Macau, eSun Holdings Ltd. (0571.HK), a shareholder in Playboy's joint venture partner, said Thursday.
The Hong Kong-listed company didn't say why Playboy had terminated the project. Playboy, publisher of Playboy magazine, and Cyber One Agents Ltd. formed a joint venture in 2007 and planned to open the Playboy Mansion Macao this year. eSun and U.S.-based New Cotai LLC each hold 40% of Cyber One Agents, which operates the Macao Studio City resort. Singapore developer CapitaLand Ltd. ( C31.SG) owns the remaining 20%. http://online.wsj.com/article/BT-CO-20091119-706345.html -- Mister Coke [Non-text portions of this message have been removed]