Amax Holdings Limited ( “Amax” ) is an investment holdings company focused on gaming business in the greater China region. Amax is positioned for high-end leisure & entertainment consumption with core business in gaming and lottery. Prior to December 2010, Amax’s major interests were in Macau gaming related industry. At its height, the junket business invested achieved a monthly rolling of over HK$40 billion. Despite its success in 2008 and early 2009, changes in Macau regulation and business partner relationships led to the restructuring of its core investments in Macau.

There are two major development of Amax：

1. Gaming Industry – Amax holds 49.9% of Greek Mythology Casino, located in Tai Pa, Macau. This investment holding forms the core of Amax’s Macau gaming strategy. Recently, Greek Mythology Casino has undergone renovation, and will be ready to receive guests with its new appearance. Also, Amax also holds interest in gaming operations such as gaming tables and slots machines.

2. China Lottery – Amax completed a majority interest in a lottery related business located in Guangxi, China. This was a major step in Amax’s foray into China’s fast-growing lottery business.

According to the latest Interim financial report, assets value of the investment in Ace High Group Limited junket business amount to HK$134 Million. Amax is actively seeking the best solution to the non-performing asset, with aims to maximize shareholder return and also to allow the Group to focus on business development in the two aforementioned industries.