{"id":777047532,"date":"2026-09-21T07:21:59","date_gmt":"2026-09-21T10:21:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777047532"},"modified":"2026-09-21T10:44:16","modified_gmt":"2026-09-21T13:44:16","slug":"lawrence-ho-transfers-26-44-million-melco-resorts-shares-to-irrevocable-trust","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/lawrence-ho-transfers-26-44-million-melco-resorts-shares-to-irrevocable-trust","title":{"rendered":"Lawrence Ho transfers 26.44 million Melco Resorts shares to irrevocable trust"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Melco Resorts chairman and CEO has transferred 26.44 million shares to an irrevocable trust as part of a generational wealth-planning exercise, while retaining majority control of the casino operator.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Hong Kong.- <strong>Lawrence Ho<\/strong>, chairman and CEO of <strong>Melco Resorts &amp; Entertainment<\/strong>, has transferred 26.44 million ordinary shares in the casino operator to an irrevocable, professionally managed trust as part of a \u201cgenerational wealth planning exercise.\u201d The transfer, completed on September 16, involved 16.51 million shares held directly by Ho and 9.93 million shares held through <strong>Black Spade Capital<\/strong>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The shares, equivalent to approximately 2.2 per cent of Melco Resorts\u2019 outstanding stock, were transferred as a gift with no consideration. Following the transaction, Ho\u2019s reported beneficial ownership in Melco Resorts fell <strong>from 58.5 per cent to 56.3 per cent<\/strong>, although his majority control of the company remains unchanged. Melco Leisure and Entertainment Group, a wholly owned subsidiary of Melco International Development, continues to hold 687.36 million shares, or 56.3 per cent of Melco Resorts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ho is also deemed to hold approximately 61.4 per cent of Melco International, the parent company of <a href=\"https:\/\/focusgn.com\/asia-pacific\/melco-resorts-2q-net-income-rises-32-despite-macau-revenue-and-ebitda-decline\" target=\"_blank\" rel=\"noopener\">Melco Resorts<\/a>, through direct holdings, associated companies and trusts. The filings did not identify the trustee, beneficiaries or jurisdiction of the newly established trust.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2026\/09\/8a78d436-a218-4c92-b17e-a359d8ff2040-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href=\"https:\/\/focusgn.com\/asia-pacific\/grand-korea-leisure-coex-partner-on-tourism-and-mice-programmes-in-seoul\">Grand Korea Leisure and COEX partner for tourism and MICE programmes in Seoul<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Melco Resorts chairman and CEO has transferred 26.44 million shares to an irrevocable trust as part of a generational wealth-planning exercise, while retaining majority control of the casino operator.<\/p>\n","protected":false},"author":226,"featured_media":32939,"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 Resorts & Entertainment's Chairman and CEO, Lawrence Ho, transferred 26.44 million shares, approximately 2.2% of the company's outstanding stock, to an irrevocable trust for generational wealth planning. This transaction reduced his direct beneficial ownership from 58.5% to 56.3%, though he retains majority control of the casino operator. The transfer was a gift with no consideration.","focusai_entities":"Lawrence Ho, Melco Resorts & Entertainment, Black Spade Capital, Melco Leisure and Entertainment Group, Melco International Development, Grand Korea Leisure, COEX","focusai_location":"Hong Kong, Seoul","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.8), operator_casino (0.7), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Melco Governance Impact?","query":"What are the long-term implications of this generational wealth transfer for Melco Resorts' corporate governance framework and capital allocation strategy, particularly concerning potential future liquidity events or succession planning?"},{"label":"Trust Structure Details?","query":"Given the undisclosed trustee, beneficiaries, and jurisdiction, what are the potential regulatory and tax implications for Melco Resorts and its controlling shareholder, Lawrence Ho, under various international governance frameworks?"}],"footnotes":""},"categories":[157,16338],"tags":[29,24619,18488],"class_list":["post-777047532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-casino","tag-finance","tag-melco-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777047532","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777047532"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777047532\/revisions"}],"predecessor-version":[{"id":777047573,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777047532\/revisions\/777047573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/32939"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777047532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777047532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777047532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}