Get Nice sees openings in Macau boom

from www.thestandard.com.hk Get Nice chairman Hung Hon-man said after a shareholders' meeting Tuesday that ``our new shareholders have extensive experience in property and retail business, and we plan to ride on their specialties to expand our business.'' In addition to extensive property interests, Lau and Cheng are the controlling shareholders of Lifestyle International, which owns Hong Kong's Sogo department store in Causeway Bay and two retail properties in Shanghai. Hung would not specify what sorts of development Get Rich might pursue, except to say that he saw lots of room to capitalize on Macau's booming gambling industry without getting involved in casinos directly. ``Now most of the foreign investments in Macau center around gambling, but we haven't seen any concrete plan on other gambling-related business such as travel, hospitality and shopping malls,'' Hung said. ``When travelers bring their children with them, no entertainment place or facility is available for their children.''