Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Studio City International Holdings Limited
(Name of Issuer)
Class A Ordinary Shares
(Title of Class of Securities)
86389T106
(CUSIP Number)
December 31, 2022
(Date of Event which Requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 86389T106 | Schedule 13G | Page 2 of 12 |
1 |
NAMES OF REPORTING PERSONS
MCO Cotai Investments Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZEN OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
462,348,304 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
462,348,304 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
462,348,304 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
Not Applicable | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.0% | |||||
12 | TYPE OF REPORTING PERSON
CO |
CUSIP No. 86389T106 | Schedule 13G | Page 3 of 12 |
1 |
NAMES OF REPORTING PERSONS
MCO Holdings Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZEN OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
462,348,304 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
462,348,304 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
462,348,304 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
Not Applicable | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.0% | |||||
12 | TYPE OF REPORTING PERSON
CO |
CUSIP No. 86389T106 | Schedule 13G | Page 4 of 12 |
1 |
NAMES OF REPORTING PERSONS
Melco Resorts & Entertainment Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP A0; (a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZEN OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
462,348,304 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
462,348,304 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
462,348,304 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
Not Applicable | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.0% | |||||
12 | TYPE OF REPORTING PERSON
CO |
CUSIP No. 86389T106 | Schedule 13G | Page 5 of 12 |
1 |
NAMES OF REPORTING PERSONS
Melco Leisure and Entertainment Group Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZEN OR PLACE OF ORGANIZATION
British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
462,348,304 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
462,348,304 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
462,348,304 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
Not Applicable | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.0% | |||||
12 | TYPE OF REPORTING PERSON
CO |
CUSIP No. 86389T106 | Schedule 13G | Page 6 of 12 |
1 |
NAMES OF REPORTING PERSONS
Melco International Development Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZEN OR PLACE OF ORGANIZATION
Hong Kong |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
463,095,592 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
463,095,592 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
463,095,592 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
Not Applicable | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.1% | |||||
12 | TYPE OF REPORTING PERSON
CO |
CUSIP No. 86389T106 | Schedule 13G | Page 7 of 12 |
1 |
NAMES OF REPORTING PERSONS
Ho, Lawrence Yau Lung | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐ | |||||
3 | SEC USE ONLY
| |||||
4 | CITIZEN OR PLACE OF ORGANIZATION
Canada |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
0 | ||||
6 | SHARED VOTING POWER
463,095,592 | |||||
7 | SOLE DISPOSITIVE POWER
0 | |||||
8 | SHARED DISPOSITIVE POWER
463,095,592 |
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
463,095,592 | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
Not Applicable | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.1% | |||||
12 | TYPE OF REPORTING PERSON
IN |
CUSIP No. 86389T106 | Schedule 13G | Page 8 of 12 |
ITEM 1. (a) Name of Issuer:
Studio City International Holdings Limited (the Issuer)
(b) Address of Issuers Principal Executive Offices:
71 Robinson Road
#04-03
Singapore 068895
and
38/F, The Centrium
60 Wyndham Street
Hong Kong
ITEM 2. (a) Name of Person Filing:
Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons. This statement is filed on behalf of:
MCO Cotai Investments Limited (MCO Cotai and formerly known as MCE Cotai Investments Limited)
MCO Holdings Limited (MCO Holdings)
Melco Resorts & Entertainment Limited (Melco Resorts)
Melco Leisure and Entertainment Group Limited (Melco Leisure)
Melco International Development Limited (Melco International)
Ho, Lawrence Yau Lung (Mr. Ho)
(b) Address or Principal Business Office:
The address or principal business office of each of the Reporting Persons is as follows:
For MCO Cotai: Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, KY1-9005, Cayman Islands
For MCO Holdings: Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, KY1-9005, Cayman Islands
For Melco Resorts: 71 Robinson Road, #04-03, Singapore 068895 and 38th Floor, The Centrium, 60 Wyndham Street, Central, Hong Kong
For Melco Leisure: c/o 38th Floor, The Centrium, 60 Wyndham Street, Central, Hong Kong
For Mr. Ho and Melco International: 38th Floor, The Centrium, 60 Wyndham Street, Central, Hong Kong.
(c) Citizenship of each Reporting Person is:
MCO Cotai, MCO Holdings and Melco Resorts are each organized under the laws of the Cayman Islands. Melco Leisure is organized under the laws of the British Virgin Islands. Melco International is a Hong Kong-listed company. Mr. Ho is a citizen of Canada.
CUSIP No. 86389T106 | Schedule 13G | Page 9 of 12 |
(d) Title of Class of Securities:
Class A Ordinary Shares (the SC Class A Shares)
(e) CUSIP Number:
86389T106
ITEM 3.
Not applicable.
CUSIP No. 86389T106 | Schedule 13G | Page 10 of 12 |
ITEM 4. Ownership
Ownership (a-c)
The following sets forth, as of December 31, 2022, the aggregate number and percentage of SC Class A Shares beneficially owned by the Reporting Persons, as well as the number of SC Class A Shares as to which each Reporting Person has the sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition of, as of December 31, 2022, based on 770,352,700 SC Class A Shares outstanding as of such date.
Reporting Person |
Amount beneficially owned |
Percent of class |
Sole power to vote or to direct the vote |
Shared power to vote or to direct the vote |
Sole power to dispose or to direct the disposition |
Shared power to dispose or to direct the disposition |
||||||||||||||||||
MCO Cotai Investments Limited |
462,348,304 | 60.0 | % | 0 | 462,348,304 | 0 | 462,348,304 | |||||||||||||||||
MCO Holdings Limited |
462,348,304 | 60.0 | % | 0 | 462,348,304 | 0 | 462,348,304 | |||||||||||||||||
Melco Resorts & Entertainment Limited |
462,348,304 | 60.0 | % | 0 | 462,348,304 | 0 | 462,348,304 | |||||||||||||||||
Melco Leisure and Entertainment Group Limited |
462,348,304 | 60.0 | % | 0 | 462,348,304 | 0 | 462,348,304 | |||||||||||||||||
Melco International Development Limited |
463,095,592 | 60.1 | % | 0 | 463,095,592 | xA0; | 0 | 463,095,592 | ||||||||||||||||
Ho, Lawrence Yau Lung |
463,095,592 | 60.1 | % | 0 | 463,095,592 | 0 | 463,095,592 |
MCO Cotai is the holder of 401,028,304 SC Class A Shares and 15,330,000 ADSs representing 61,320,000 SC Class A Shares. Melco International is the holder of 747,288 SC Class A Shares, among which include 118 ADSs (representing 472 SC Class A Shares) held by an agent on its behalf. MCO Cotai acquired 220,075,176 SC Class A Shares pursuant to a subscription agreement it entered into with Studio City International Holdings Limited (Studio City) in connection with the series of private placement offers of SC Class A Shares as announced by Studio City in February 2022.
Mr. Ho is the majority shareholder of Melco International, which is the sole shareholder of Melco Leisure, which is the majority shareholder of Melco Resorts, a publicly-traded company whose American Depositary Shares are listed on the Nasdaq Global Select Market. Melco Resorts is the sole shareholder of MCO Holdings, which is the sole shareholder of MCO Cotai. Therefore, each of the foregoing entities and individuals may be deemed to share voting and investment power over the SC Class A Shares and ADSs held of record by MCO Cotai and Melco International.
ITEM 5. Ownership of Five Percent or Less of a Class
Not applicable.
CUSIP No. 86389T106 | Schedule 13G | Page 11 of 12 |
ITEM 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
Not applicable.
ITEM 8. Identification and Classification of Members of the Group
Not applicable.
ITEM 9. Notice of Dissolution of Group
Not applicable.
ITEM 10. Certification
Not applicable.
CUSIP No. 86389T106 | Schedule 13G | Page 12 of 12 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2023
MCO COTAI INVESTMENTS LIMITED | ||
By: | /s/ Ho, Lawrence Yau Lung | |
Name: | Ho, Lawrence Yau Lung | |
Title: | Authorized Signatory | |
MCO HOLDINGS LIMITED | ||
By: | /s/ Ho, Lawrence Yau Lung | |
Name: | Ho, Lawrence Yau Lung | |
Title: | Authorized Signatory | |
MELCO RESORTS & ENTERTAINMENT LIMITED | ||
By: | /s/ Ho, Lawrence Yau Lung | |
Name: | Ho, Lawrence Yau Lung | |
Title: | Director | |
MELCO LEISURE AND ENTERTAINMENT GROUP LIMITED | ||
By: | /s/ Ho, Lawrence Yau Lung | |
Name: | Ho, Lawrence Yau Lung | |
Title: | Director | |
MELCO INTERNATIONAL DEVELOPMENT LIMITED | ||
By: | /s/ Ho, Lawrence Yau Lung | |
Name: | Ho, Lawrence Yau Lung | |
Title: | Director | |
HO, LAWRENCE YAU LUNG | ||
By: | /s/ Ho, Lawrence Yau Lung |