Australia Holdings: Intends to acquire Hengqin Port Property for 724 million yuan, to be renovated into a three-star hotel.

Melco Holdings announced on the Hong Kong Stock Exchange that on July 28, 2025, the buyer and seller entered into a purchase agreement. According to the purchase agreement, the seller has conditionally agreed to sell and the buyer has conditionally agreed to purchase the property without any encumbrances. The price of the property has been agreed at 724.20 million Chinese yuan, to be paid in cash in seven stages. The acquisition and redevelopment of the property into a three-star hotel can help Melco Entertainment attract a new group of budget-conscious travelers and expand its market reach. The property includes 12 floors of office units and a retail unit within an office building located in the Xindu Street No. 28, Xiangzhou New Area, Zhuhai City, within a project currently known as the Xindu Port Business Center.