Macau, Wednesday, April 13, 2022 – Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, is aware that the Company has been identified by the United States Securities and Exchange Commission ("SEC") under the Holding Foreign Companies Accountable Act of the United States (the "HFCAA") on April 12, 2022. Similar to other companies that have also been identified, Studio City notes such identification resulted from the Company’s filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021. Studio City has previously disclosed that its auditor, the independent registered public accounting firm that issued the audit report included in its annual report filed with the SEC, is in a jurisdiction currently listed as not being able to be fully inspected by the PCAOB, and thus the identification was expected. Studio City will continue to closely monitor developments and explore options in relation to the HFCAA.
About Studio City International Holdings Limited
The Company, with its American depositary shares listed on the New York Stock Exchange (NYSE: MSC), is a world-class integrated resort located in Cotai, Macau. For more information about the Company, please visit www.studiocity-macau.com.
The Company is strongly supported by its single largest shareholder, Melco Resorts & Entertainment Limited, a company with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO).
For the investment community, please contact:
Senior Vice President, Group Treasurer
Tel: +852 2598 3698
For media enquiries, please contact:
Executive Director, Corporate Communications
Tel: +852 3151 3765