Shundo Yoshinari entered into the Letter of Intent to acquire Savan Legend Resorts Sole Company Limited from Macau Legend Development Limited (SEHK:1680) for $45 million on June 13, 2023. Shundo Yoshinari signed an agreement to acquire Savan Legend Resorts Sole Company Limited from Macau Legend Development Limited (SEHK:1680) for $39 million on December 20, 2023.The deal is subject to consummation of due diligence. The parties of the Agreement agreed that such long stop day should be further extended to April 15, 2024.

As of April 12, 2024, the parties of the Agreement agreed that such long stop day should be further extended to May 3, 2024, subject to further extension with the prior consent of the Purchaser.