Dispute resolved
Source: Agencies |
March 11, 2011, Friday
|
Print Edition
Print Edition
MACAU gaming magnate Stanley Ho, chairman of the city's biggest casino operator SJM Holdings, has resolved his dynastic tussle against his family members.
In an e-mailed statement, the 89-year-old billionaire said he filed a note of discontinuance on February 21, dismissing a legal case against three members of his second and third family, which include daughters Pansy and Daisy Ho.
"A deed of settlement was executed between all branches of the Ho family," Ho said in a signed letter.
The tycoon's public spat has been broadcast on a global scale since the end of January, with videos of the ailing octogenarian appearing on YouTube and splashed across international media.
In an e-mailed statement, the 89-year-old billionaire said he filed a note of discontinuance on February 21, dismissing a legal case against three members of his second and third family, which include daughters Pansy and Daisy Ho.
"A deed of settlement was executed between all branches of the Ho family," Ho said in a signed letter.
The tycoon's public spat has been broadcast on a global scale since the end of January, with videos of the ailing octogenarian appearing on YouTube and splashed across international media.
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