MBS seeks deadline extension to deliver details on expansion plan

MARINA Bay Sands (MBS) has extended the deadline for it to deliver to its lenders certain details of the expansion of its integrated resort to March 31, 2022.

Information on the quantity surveyor's costs estimate and construction schedule for the expansion of its integrated resort was meant to be delivered on June 30 this year, a filing to the United States Securities and Exchange Commission last week showed.

In July last year, a spokesperson for Singapore's Ministry of Trade and Industry had told The Business Times that a new casino tax regime will take effect in March 2022.