Melco Group: HK-listed Melco parent flags minimum US$107.8mln non-cash impairment on some Studio City assets

Melco International Development Ltd, Hong Kong-listed parent of casino operator Melco Resorts & Entertainment Ltd, says it expects to have a non-cash impairment of at least HKD838 million (US$107.8 million ) on "certain assets" from the overall group's majority interest in the Studio City casino resort (pictured) in Macau's Cotai district. "The estimated impairment results [...]