Melco Group: Lawrence Ho spends US$12mln to up stake in Melco Intl

Lawrence Ho Yau Lung (pictured in a file photo), chairman and chief executive of Melco International Development Ltd, has upped his long position in the Hong Kong-listed company to 63.28 percent, from the 62.26 percent he had in early April, according to company data on that city's bourse. Melco International is the parent of Macau [...]