According to the Zhitong Finance App, Aobo Holdings (00880) issued an announcement. On October 23, 2026, after fair negotiations, Australian Entertainment comprehensively entered into a limited partnership agreement and subscription agreement to subscribe to the participation rights of the Government-Guided Fund. The total amount of capital pledged was MOP 993 million (equivalent to about HK$964 million).
The paid-in contributions made by Australian Entertainment Comprehensive to the fund will be deemed to have fulfilled the investment obligation of the same amount under the grant contract. The fund was established to implement the Macao Government's policy goals, including promoting the moderate and diversified development of the Macao economy, investing in areas in line with the national development strategy, industrial upgrading, scientific and technological innovation and people's livelihood security, investing in areas that conform to Macao's development strategy and can give full play to its unique advantages, supporting the in-depth development of the Macao and Hengqin Guangdong-Macao Greater Bay Area and the Guangdong-Hong Kong-Macao Greater Bay Area, as well as other policy goals. The term of the fund begins on the date of delivery (that is, the date the fund completes commercial registration) and lasts for 15 years, and can be extended for up to two additional one-year periods.
The fund is a government guidance fund of the Macao Special Administrative Region established in accordance with the Investment Fund Law and the Government Guided Fund Management System. Macau Entertainment's comprehensive investment in the fund complies with its obligations under the grant contract and reflects the Group's commitment to the sustainable development of Macau and its support for the Macau Government's policy of promoting moderate and diversified economic development.
The paid-in contributions made by Australian Entertainment Comprehensive to the fund will be deemed to have fulfilled the investment obligation of the same amount under the grant contract. Therefore, it is anticipated that the transaction will not result in significant additional financial liability for the Group.
The fund's investment scope focuses on supporting the moderate and diversified development of Macao's economy, national development strategies, scientific and technological innovation, livelihood security, and supporting the deep cooperation zone between Macao and the Hengqin Guangdong-Macao People's Republic of China and the joint development with the Guangdong-Hong Kong-Macao Greater Bay Area. The Board of Directors believes that the terms of the limited partnership agreement and subscription agreement are fair and reasonable, and conform to the overall interests of the Company and its shareholders.