{"id":16749,"date":"2021-04-09T15:04:54","date_gmt":"2021-04-09T15:04:54","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16749"},"modified":"2026-04-23T20:29:34","modified_gmt":"2026-04-23T23:29:34","slug":"melco-resorts-awards-ceo-us10m-worth-of-shares","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-resorts-awards-ceo-us10m-worth-of-shares","title":{"rendered":"Melco Resorts awards CEO US$10m worth of shares"},"content":{"rendered":"\n<p>Melco CEO Lawrence Ho Yau Lung has been awarded 484,956 shares worth US$10m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Casino investor\u00a0<strong>Melco International Development\u00a0<\/strong>has announced it has awarded Lawrence Ho Yau Lung, chairman and CEO of Melco Resorts and Entertainment, 484,956 restricted depositary shares.<\/p>\n\n\n\n<p>The shares have<strong>\u00a0a market value of US$10m<\/strong>\u00a0and represent 0.1 per cent of Melco Resorts\u2019 issued shares.<\/p>\n\n\n\n<p>According to the company, the award was given to Lawrence Ho Yau Lung for his \u201c<strong>duties and responsibilities as director of a subsidiary of Melco Resorts in Macau<\/strong>, where the majority of Melco Resorts group\u2019s business is located.\u201d&nbsp;<\/p>\n\n\n\n<p>The casino operator reported&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-posts-losses-of-us1-59bn-for-2020\" rel=\"noreferrer noopener\"><em>a loss after tax of HK$12.38bn (US$1.59bn) for 2020<\/em><\/a><em>&nbsp;<\/em>due to Covid-19 pandemic countermeasures.<\/p>\n\n\n\n<p>Melco Resorts also announced it has granted a&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-gives-share-options-to-directors\" rel=\"noreferrer noopener\"><em>purchase option to directors worth in aggregate about HKD16.4m (US$2.1m)<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Melco CEO Lawrence Ho Yau Lung has been awarded 484,956 shares worth US$10m.<\/p>\n","protected":false},"author":176,"featured_media":16750,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco International Development has awarded its Chairman and CEO, Lawrence Ho Yau Lung, 484,956 restricted depositary shares valued at US$10m, representing 0.1% of Melco Resorts' issued shares. This compensation is attributed to his directorial duties in Macau, a period during which Melco Resorts reported a substantial HK$12.38bn loss for 2020 due to pandemic countermeasures. Additionally, directors were granted purchase options totaling HKD16.4m.","focusai_entities":"Lawrence Ho Yau Lung, Melco International Development, Melco Resorts and Entertainment","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.8), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Compensation Justification","query":"Given Melco Resorts' substantial HK$12.38bn loss in 2020, what specific performance metrics or long-term strategic achievements justify the US$10m share award to Lawrence Ho Yau Lung?"},{"label":"Governance Implications","query":"How does the granting of significant share awards and director purchase options, particularly during a period of severe financial downturn, align with Melco's stated corporate governance frameworks and shareholder value protection policies?"}],"footnotes":""},"categories":[16338,163],"tags":[],"class_list":["post-16749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16749"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16749\/revisions"}],"predecessor-version":[{"id":16759,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16749\/revisions\/16759"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16750"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}