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LEISURE & ENTERTAINMENT | Staff Reporter, Hong Kong

Melco Crown Entertainment passes preliminary listing hearing

The casino owner plans to raise as mush as $501.3m in a dual listing in Hong Kong.

Market sources, according to a report on Reuters, said Melco Crown Entertainment passed a preliminary listing hearing.

In August the company announced that it has made an application to The Stock Exchange of Hong Kong Limited for a proposed dual listing of its shares on the Main Board of the SEHK.

It was then evaluating a possible global offering of SEHK-listed shares to local and international investors.

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