UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2015

 

Commission File Number: 001- 34804

 

IAO KUN GROUP HOLDING COMPANY LIMITED

 

 

 

(Translation of registrant’s name into English)

 

Alameda Dr. Carlos D’ Assumpcao No: 181-187

Centro Comercial Comercial

Brilhantismo, 12 Andar T Macau
(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨   No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______________.

 

 

 

 

Other Events.

 

Iao Kun Group Holding Company Limited (the “Company”) previously announced that its Board of Directors had authorized a regular dividend for its outstanding ordinary shares each year after the release of the Company's financial results for the six months ending June 30 (the "Six-Month Dividend"). The amount of the Six-Month Dividend is based on the following formula: (i) 15% of the Company's non-GAAP net income for the most recently completed six months ended June 30, divided by (ii) the number of ordinary shares outstanding on the record date for such dividend. The Company previously announced that the 2015 Six-Month Dividend would be $0.014 per share.

 

On September 22, 2015, the Company issued a press release announcing that the record date for the 2015 Six Month Dividend will be October 7, 2015, and that the payment date will be October 19, 2015. A copy of this press release is attached hereto as Exhibit 99.1.

 

Financial Statements and Exhibits.

 

Exhibit No. Description
   
99.1 Press Release dated September 22, 2015
   

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated:  September 22, 2015 IAO KUN GROUP HOLDING COMPANY LIMITED  
       
       
  By:          /s/ Yip Cheuk Fai  
    Name: Yip Cheuk Fai  
    Title:  Chief Financial Officer  

 

 

 

 

EXHIBIT INDEX

 

Exhibit No. Description
   
99.1 Press Release dated September 22, 2015
   

 

 

 

 



Exhibit 99.1

 

IAO KUN GROUP HOLDING COMPANY LIMITED ANNOUNCES RECORD DATE AND PAYMENT DATE OF 2015 SIX MONTH CASH DIVIDEND

 

HONG KONG – September 22, 2015 – Iao Kun Group Holding Company Limited (“IKGH” or the “Company”) (NASDAQ: IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and a collaborator, previously announced that its Board of Directors had authorized a regular dividend each year after the release of the Company's financial results for the six months ending June 30 (the “Six Month Dividend”). The Company also previously announced that the Six Month Dividend would be equal to $0.014 per share.

 

The Company today announced that the record date for the 2015 Six Month Dividend will be October 7, 2015, and that the payment date will be October 19, 2015.

 

About Iao Kun Group Holding Company Limited

 

IKGH is a holding company which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and a collaborator, and is entitled to receive all of the profits of the VIP gaming promoters and a collaborator from VIP gaming rooms. IKGH’s VIP room gaming promoters and collaborator currently participate in the promotion of five major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world. One VIP gaming room is located at the top-tier 5-star hotel, the StarWorld Hotel & Casino in downtown Macau, and another is located in the luxury 5-star hotel, the Galaxy Macau™ Resort in Cotai, each of which is operated by Galaxy Casino, S.A. Additional VIP gaming rooms are located at the Sands Cotai Central and City of Dreams Macau, both in Cotai, and Le Royal Arc Casino, located in NAPE, Downtown Macau. IKGH recently started trial operations to the Australian casinos (Crown Perth Casino in Perth, Australia and the Crown Melbourne Casino in Melbourne, Australia) to gain a greater understanding of the preferences of its junket agents and VIP players and the logistics of the market.

 

Forward Looking Statements

 

This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of IKGH’s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements.

 

Contact:

James Preissler

646-450-8808

preissj@ikghcl.com

 

 

 

 

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