Australia-Pacific Holdings (00880.HK) terminates the gambling operations of Sixteen Palms Casino.

Financial news from Wisdom Finance APP, Amax Holdings (00880.HK) announced that, after a comprehensive and careful business evaluation, as well as deep consideration of long-term business layout, commercial considerations, and overall resource allocation priorities of the Group, A-Max Integrated will not proceed with the acquisition of the property where the Sixteen Pu Entertainment Center is located as previously intended by the Board of Directors. This outcome reflects the Group's prudent and practical capital planning, as well as its focus on strengthening core businesses to align with market development and the Group's long-term strategic direction.