Cloetta AB
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Based in Sweden
Company profile

Cloetta AB is a Sweden-based company active in the chocolate and sugar confectionery market. The primary ingredient for its products is cocoa. The Company uses cocoa mass that is produced from seeds found in the fruit of cocoa trees grown along the equator. It produce and sells products within three main categories, namely Chocolate, which comprises chocolate wafers, plates, pralines and dragees; Sugar confectionery, which comprises foam, wine gums, liquorice, toffees, hard boiled candy, chewy candy, toffee/fudge/caramel and lollypops, and Refreshment, which comprises pastilles and chewing gum. The Company owns such brands, as Lakerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. The Company has 12 production units in six countries. In January 2014, it acquired Alrifai Nutisal AB. In May 2014, it acquired 75% of shares of Aran Candy Ltd and the brand The Jelly Bean Factory, Irish company producing and selling gourmet Jelly Beans.

Closing Price
$3.16
Day's Change
-0.03 (-0.94%)
Bid
--
Ask
--
B/A Size
--
Day's High
3.31
Day's Low
3.11
Volume
(Heavy Day)
Volume:
2,983

10-day average volume:
1,782
2,983

Melco continues to lead as the world's integrated resort operator with the highest number of Michelin-stars

7:53 am ET December 17, 2019 (Globe Newswire) Print

Melco Resorts & Entertainment has been honored by the Michelin Guide Hong Kong Macau 2020 with ten Michelin stars among six signature restaurants across its properties in Macau, acknowledging Melco's dedication to world-class culinary excellence. Melco continues to lead as the world's integrated resort operator with the most Michelin-stars.

Mr. Lawrence Ho, Chairman and CEO at Melco Resorts & Entertainment, said, "This is an incredible achievement and I want to thank Michelin for presenting us with this honor. Melco has the most remarkable culinary team, and I am delighted they have again been recognized for their commitment, hard work and creativity. The team's passion for innovation and determination to deliver the most exquisite dining experiences to our guests sets Melco apart, enabling Melco to continue contributing to Macau's status as a UNESCO Creative City of Gastronomy."

The 2020 Michelin Guide Hong Kong Macau awards ceremony took place at City of Dreams in Macau today and awarded Melco restaurants with the following star rating:

- Jade Dragon ***

Located at City of Dreams, Jade Dragon is renowned for its premium Cantonese specialties and creative presentation. The restaurant delights diners with delectable Chinese delicacies and exceptional service that have raised the bar for Chinese fine-dining in Macau. Honors and awards include:

-- Michelin Guide Hong Kong Macau 2019 - 2020 (three stars)

-- Michelin Guide Hong Kong Macau 2016 - 2018 (two stars)

-- Michelin Guide Hong Kong Macau 2014 - 2015 (one star)

-- Forbes Travel Guide Five-Star Awards 2014 - 2019

-- Asia's 50 Best Restaurants 2017 - 2019

-- Hong Kong Tatler Best Restaurants (Top 20 Restaurants) 2014 - 2018

-- SCMP 100 Top Tables 2014 - 2018

- The Tasting Room **

Located at City of Dreams, The Tasting Room presents exquisite and contemporary regional French cuisine guaranteed to titillate the senses by showcasing impeccable flavor combinations using the season's most delicious ingredients from around the world. Honors and awards include:

-- Michelin Guide Hong Kong Macau 2016 - 2020 (two stars)

-- Michelin Guide Hong Kong Macau 2013 - 2015 (one star)

-- Forbes Travel Guide Five-Star Awards 2014 - 2019

-- Hong Kong Tatler Best Restaurants (Top 20 Restaurants) 2014 - 2018

-- SCMP 100 Top Tables 2014 - 2018

-- Asia's 50 Best Restaurants 2017

- Alain Ducasse at Morpheus**

Paying homage to the great traditions and savoir-faire of French gastronomy, Alain Ducasse at Morpheus redefines fine dining with a contemporary vision. The restaurant is located in Morpheus, the newest hotel and ultra-luxurious destination at City of Dreams. Honors and awards include:

-- Michelin Guide Hong Kong Macau 2019 - 2020 (two stars)

- Shinji by Kanesaka *

The first outlet in Greater China of the acclaimed premium sushi restaurant from Tokyo's Ginza district by sushi maestro Shinji Kanesaka, Shinji by Kanesaka at City of Dreams delights sushi aficionados who are looking for the most authentic and the finest omakase (chef's selection) experience in town. Honors and awards include:

-- Michelin Guide Hong Kong Macau 2016 - 2020 (one star)

-- Forbes Travel Guide Five-Star Award 2017 - 2019

-- Hong Kong Tatler Best Restaurants (Top 20 Restaurants) 2017 - 2018

-- SCMP 100 Top Tables 2017 - 2018

- Pearl Dragon *

Pearl Dragon is a Cantonese fine-dining restaurant that offers a truly exquisite dining experience at Studio City. With a dedication to perfection, Pearl Dragon offers a menu showcasing refined provincial Chinese flavors, innovative culinary creations and the finest delicacies to tempt your palate. Honors and awards include:

-- Michelin Guide Hong Kong Macau 2017 - 2020 (one star)

-- Forbes Travel Guide Five-Star Award 2019

-- Forbes Travel Guide Four-Star Award 2018

-- Hong Kong Tatler Best Restaurants (Top 20 Restaurants) 2017

-- SCMP 100 Top Tables 2017 - 2018

- Ying *

Ying is Altira Macau's signature restaurant specializing in fine Cantonese cuisine as well as local delicacies created by an exceptionally talented culinary team. Ying is recognized as an outstanding establishment that offers guests a truly exceptional level of luxury and service. Honors and awards include:

-- Michelin Guide Hong Kong Macau 2017 - 2020 (one star)

-- Forbes Travel Guide Four-Star Award 2015 - 2019

Chinese omakase-style restaurant Yi and contemporary French cuisine Voyages by Alain Ducasse at Morpheus; Japanese tempura specialist Tenmasa at Altira Macau; and Bi Ying at Studio City are each recommended by the 2020 Michelin Guide.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/723e4494-8bb3-4f7e-ac2e-c7efbfb27026

https://www.globenewswire.com/NewsRoom/AttachmentNg/99088cce-7321-4e01-8ec7-13dcedb5158a

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated entertainment, retail and gaming resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is scheduled to open in 2021 and expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first casino in the Republic of Cyprus, and three satellite casinos with a fourth satellite casino scheduled to open in the coming months ("Cyprus Casinos"). Upon the opening of City of Dreams Mediterranean, the Company will also continue to operate the four satellite casinos while operation of the temporary casino will cease. The Company also holds equity interests in Crown Resorts Limited ("Crown"), a company listed on the Australian Securities Exchange and which operates two of Australia's leading integrated resorts, Crown Melbourne Entertainment Complex and Crown Perth Entertainment Complex. In the United Kingdom, Crown operates Crown Aspinalls, a high-end licensed casino in London. Crown's development projects include the Crown Sydney Hotel Resort at Barangaroo on Sydney Harbour. Crown also holds equity interests in the Aspers Group and Nobu and has interests in various digital businesses. For more information about the Company, please visit www.melco-resorts.com.

The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

For media enquiries, please contact:

Chimmy Leung

Executive Director, Corporate Communications

Tel: +852 3151 3765

Email: chimmyleung@melco-resorts.com

https://ml.globenewswire.com/media/1d4955c4-64e8-4605-93b4-acc9ac6bba35/small/melco-resorts-owler-20190614-054154-original-png.png

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