Sands China Offering Central Provident Fund System to Local Team Members

Option to enrol in retirement savings scheme begins July 1

                                                         

(Macao, May 27, 2019) – Sands China Ltd. has announced that its local team members can enrol in the government-promoted Non-Mandatory Central Provident Fund (CPF) System beginning July 1, 2019.


Local team members who join the company from July 1 onward will have the option to sign up
for the retirement savings scheme, while current local team members can choose to transfer to the new CPF system or remain in the company’s current provident fund scheme.


Recognising that its team members are the company’s greatest asset, Sands China continues to place great importance on their well-being. Sands China was the first integrated resort operator in Macao to offer a provident fund scheme for its team members, and the company’s introduction of the non-mandatory CPF option is part of its ongoing efforts to strengthen the company’s comprehensive benefits scheme by enhancing team members’ retirement protection.


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About Sands China Ltd.

Sands China Ltd. (HKEx: 1928, Sands China or the Company) is a Cayman Islands registered company and is listed on The Stock Exchange of Hong Kong Limited. Sands China is the largest operator of integrated resorts in Macao. The Company’s integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, Sands® Cotai Central and The Parisian Macao – with Sands Cotai Central to be reintroduced as The Londoner Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company’s portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at the Cotai Arena, The Venetian Theatre, The Parisian Theatre, the Sands Cotai Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company’s Cotai Strip portfolio has the goal of contributing to Macao’s transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).


For more information, please visit www.sandschinaltd.com.