Daisy Ho, chairperson of SJM Holdings, has purchased about $3 million worth of the company’s bonds through a series of transactions in early March, according to disclosure filings submitted to the Hong Kong Stock Exchange.
The filings show that Ho acquired 6.5 percent senior notes due in 2031 issued by SJM International Limited, an associated company of SJM Holdings. The purchases took place between 6 March and 10 March and were conducted through three separate transactions.
Series of bond purchases
Disclosure forms, reveal that Ho bought a total principal amount of $3 million in the notes.
The first transaction occurred on 6 March, when she purchased $1.5 million in notes. The bonds were bought at an average price of about $999.93 per $1,000 unit.
This was followed by a second transaction on 9 March, when Ho acquired $1 million in notes. The average purchase price for this tranche was around $989.11 per $1,000 unit.
A third and final purchase took place on 10 March. Ho bought an additional $500,000 in notes at an average price of roughly $995.29 per $1,000 unit.
Stake in debentures rises from zero
Following the transactions, Ho’s interest in the debentures increased from zero to $3 million in principal amount.
The filings state that the holdings are owned by Ho in her capacity as beneficial owner. This means the bonds are held directly for her personal investment rather than through another controlling entity.
The notes form part of a broader $540 million issuance of 6.5 percent senior unsecured bonds due in 2031.
According to the disclosure documents, the bonds are freely transferable between investors. However, they are not convertible into shares of the issuing company or any other entity.
Details of the bond issuance
The senior notes were issued by SJM International Limited, which is affiliated with SJM Holdings.
Senior unsecured notes are a type of corporate debt instrument that pays fixed interest to investors and ranks ahead of equity holders in the event of liquidation. In this case, the bonds carry a fixed annual interest rate of 6.5 percent and are scheduled to mature in 2031.
The total issuance size of $540 million forms part of the company’s broader financing structure.
Bond purchases by company executives are often disclosed through regulatory filings to ensure transparency in financial markets.
SJM’s presence in Macau’s casino sector
SJM Holdings is one of the six gaming concessionaires licenced to operate casinos in Macau. The company manages several major casino properties in the city.
Among its best known venues are the Grand Lisboa and the Grand Lisboa Palace, both located in the world’s largest casino hub.
The group continues to operate in a competitive market alongside other concessionaires that run integrated resorts across Macau.
Leadership at SJM
Daisy Ho serves as chairperson and executive director of SJM Holdings. She is the daughter of Stanley Ho, the late casino entrepreneur widely associated with the development of Macau’s gaming industry.
Under her leadership, the company continues to expand its presence in Macau’s integrated resort sector while managing existing casino operations.
The latest filings indicate that Ho now holds $3 million worth of SJM-related bonds through the recently disclosed transactions.
Asia’s undisputed regional heavyweight lands in Manila, 01–03 June 2026. Backed by PAGCOR and powered by 16,000 delegates, SiGMA Asia delivers two levels of game-shaping influence. If you’re serious about the region, this is the room for you.
