Summary by Moomoo AI
On July 29, 2024, Sands China Ltd announced that its controlling shareholder, Las Vegas Sands Corp. (LVS), had submitted its second quarter 10-Q quarterly report to the U.S. Securities and Exchange Commission as of June 30, 2024. LVS is a listed company on the New York Stock Exchange and practically owns 71% of the issued shares of Sands China. The quarterly report contained financial data for LVS's Macau business, which is owned by Sands China. The report was prepared in accordance with U.S. Generally Accepted Accounting Principles, which is different from the International Financial Reporting Standards used by Sands China. The announcement reminds investors and shareholders to exercise caution when trading Sands China securities and notes that the forward-looking statements contained in the report are uncertain.
