In early January Melco Crown Entertainment Limited announced they would be de-listing their shares from the Hong Kong stock exchange (HKSE). In late March it was announced that shareholders had overwhelmingly approved the move. Now it has been announced that all conditions for the withdrawal have been met and the last day of dealing in the shares will be June 29, 2015.

The shares will be withdrawn from the Main Board at close of business on Friday, July 3rd. “The Company will, for a period of 60 days following the Last Dealing Date, bear the costs of the Shareholders for their deposit of the Shares with the Depositary and the corresponding issuance of ADSs.”

Melco Crown Entertainment is the operator of City of Dreams Manila and has had difficulties raising funds through the HKSE, while citing continued success on the U.S. Nasdaq exchange. Daily Melco trades averaged less than $350,000 in Hong Kong as opposed to nearly $100 million daily in the US Nasdaq Stock Market in 2014.

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