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[PML1] Playboy Cancels Plan To Open Entertainment Venue In Macau

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


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