[June 28, 2016, Macau] MGM hosted its third quarterly SME Business Matching Session on June 24, welcoming over 120 local SME vendors from the creative and food & beverage industries. The Session was also joined by representatives from fellow integrated resort operators as a way of sharing insights to collectively support SMEs in Macau.
MGM partnered with the Association of Advertising Agents of Macau (AAAM), which marks the first collaboration of the Association with an integrated resort operator on SME program. With the linkage provided by the Association between MGM and its members, MGM’s department heads from the relevant teams specializing in exhibition, events planning, advertising and corporate premium productions, were able to spend time with local professional vendors, understanding their products, services and capabilities for cooperation opportunities on upcoming projects. In addition, four leading Macau banks participated in the Business Matching Session to provide one-stop financial services for SME vendors on-site. The Session also welcomed representatives from Galaxy Entertainment Group (GEG) and Sociedade de Jogos de Macau (SJM) to share experiences of our respective SME business engagement that will benefit the sustainable growth of local SME vendors.
Mr. Lo Tak Chong, Managing Director of AAAM, said, “Our association members were very impressed because they were met by MGM’s department heads, which has never happened before in any other matching sessions that they have attended previously. This gives the industry professionals, both on the corporation and SME sides, a helpful and practical platform to connect while opening doors to future opportunities.”
As a follow-up to its first SME Food Safety Seminar held earlier this month, MGM’s F&B teams also met with local vendors for business matching and took the opportunity to reiterate its practices of upholding international food safety standards and procurement procedures which will contribute to positioning Macau as a city of gastronomy.
Mr. Chui Yuk Lum, Vice-President of Board of Directors of Macao Chamber of Commerce (MCC), said at the event, “What sets MGM’s SME Business Matching Sessions apart is that they have their high-level representatives to meet directly with the vendors which creates a constructive communication for both sides. The current condition also creates uncertainty especially for the budding SMEs of creative industries, and this Session gives them the opportunity to build confidence for themselves, build trust for the clients, and a channel to present their products, which are all important first steps to any business before moving forward onto actual contracts and transactions.”
Mr. Grant Bowie, Chief Executive Officer and Executive Director of MGM China Holdings Limited said, “We are delighted to be hosting our third SME Business Matching Session with an enthusiastic response and we would like to thank all our partners the success. Moving forward, we are eager to share our experience with the key players of the industry, as it takes a collaborative effort to foster a healthy environment for the local SMEs to grow in a direction that will increase Macau’s competitiveness. With our dedication, we hope to help bring the local brands beyond Macau and in turn, bring the world to Macau.”
MGM is an abbreviation for MGM China Holdings Limited (HKEx: 2282) and is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and is developing a second resort, MGM COTAI which is expected to more than double our presence in Macau.
MGM MACAU is a Forbes Five-Star luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style. MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praça, housed under a soaring glass ceiling. MGM MACAU’s world class facilities include the MGM Art Space, dedicating over 5,000 square feet to display authentic works of art, conference and event facilities, spa, and eight signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.
MGM COTAI, designed as the “jewelry box” of Cotai, plans to offer approximately 1,500 hotel rooms and suites, meeting space, high end spa, retail offerings and food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience. MGM COTAI will offer Asia’s first dynamic theater and a spectacle to wow every guest who steps foot in our resort. MGM COTAI is being developed to drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau as it grows as a global tourist destination. The HK$24billion project is expected to open towards the end of the first quarter of 2017.
MGM China Holdings Limited is majority owned by MGM Resorts International (NYSE: MGM) one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage.
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