Palacino Holdings, Inc., a gaming and leisure company listed in Hong Kong after revoking its initial public offering (IPO) plan in March, partially exercised its full allocation option for shares, which would result in a net profit of HK$15.3 million (about $2 million), it said in a filing on Monday. 에볼루션 바카라사이트

Overall bids traded on Friday accounted for 7.69% of the total number of shares of Palacino Holdings available for the first time under the global offering.

Palasino Holdings, which operates three ground-level casinos in the Czech Republic and hotels in Germany and Austria, is a spin-off of Far East Consortium International Ltd., a Hong Kong-listed real estate developer. The latter is itself an investor in the Queensland Brisbane complex in Australia. Inside the complex will be a casino operated by The Star Entertainment Group Ltd.

The company said in its IPO prospectus and Monday\'s filing that it plans to apply its overall net investment "proportionately" to phases including expansion of its gaming business in Czech and Central Europe and other markets.

Palacino Holdings issues 6.59 million new shares and the sale shareholder of the event, a wholly owned subsidiary of the Far East consortium, is selling nearly 4.4 million shares.

The new shares are priced at HK$2.60 per share of the offering, or global offering. Listing and trading of the entire allotted shares were scheduled to begin on Tuesday, according to Monday\'s filing.

According to the IPO prospectus, Palacino Holdings has a license issued by the Malta Gaming Authority, allowing it to operate its online gaming business in its jurisdiction.