© Reuters. FILE PHOTO: A logo of Macau junket operator Suncity Group is seen at a gaming fair in Macau, China November 18, 2015. REUTERS/Bobby Yip

HONG KONG (Reuters) – Shares in Macau’s Suncity Group Holdings Ltd were set to open 114% higher on Thursday after resuming trading with its Executive Director Andrew Lo becoming the company’s new majority shareholder.

The company’s previous chairman faces charges including illegal gambling and money laundering.

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