Neptune Group, the Hong Kong-listed junket investor, has proposed changing its name to Rich Goldman Holding to better reflect its broadening business interests.
“While the group is still engaged in its gaming business by receiving profit streams from junket operators, the group now focuses more on its money lending business and management and operation of hotel business,” the company said.
“The board considers that the proposed change of company name will provide a more appropriate corporate identification and image that would better reflect or align with the business nature and future development of the group.
"As such, the board believes that the proposed change of company name is in the interests of the company and the shareholders as a whole.”
The proposed change will be subject to shareholder approval.
