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Studio City International Holdings Ltd. – ‘20-F’ for 12/31/23 – ‘EX-8.1’

On:  Friday, 3/22/24, at 7:33am ET   ·   For:  12/31/23   ·   Accession #:  1193125-24-74558   ·   File #:  1-38699

Previous ‘20-F’:  ‘20-F’ on 3/31/23 for 12/31/22   ·   Latest ‘20-F’:  This Filing   ·   7 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/22/24  Studio City Int’l Holdings Ltd.   20-F       12/31/23  109:11M                                    Donnelley … Solutions/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   2.93M 
                Non-Canadian Issuer                                              
 2: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     34K 
 5: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     32K 
 6: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     32K 
 7: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     51K 
                Awarded Compensation                                             
 3: EX-12.1     Statement re: the Computation of Ratios             HTML     37K 
 4: EX-12.2     Statement re: the Computation of Ratios             HTML     37K 
13: R1          Cover Page                                          HTML    111K 
14: R2          Consolidated Balance Sheets                         HTML    148K 
15: R3          Consolidated Balance Sheets (Parenthetical)         HTML     48K 
16: R4          Consolidated Statements of Operations               HTML    146K 
17: R5          Consolidated Statements of Operations               HTML     71K 
                (Parenthetical)                                                  
18: R6          Consolidated Statements of Comprehensive Loss       HTML     49K 
19: R7          Consolidated Statements of Equity                   HTML     55K 
20: R8          Consolidated Statements of Cash Flows               HTML    132K 
21: R9          Organization and Business                           HTML     42K 
22: R10         Summary of Significant Accounting Policies          HTML    111K 
23: R11         Cash, Cash Equivalents and Restricted Cash          HTML     43K 
24: R12         Accounts Receivable, Net                            HTML     63K 
25: R13         Property and Equipment, Net                         HTML     57K 
26: R14         Intangible Assets, Net                              HTML     58K 
27: R15         Long-Term Prepayments, Deposits and Other Assets    HTML     61K 
28: R16         Land Use Right, Net                                 HTML     47K 
29: R17         Accrued Expenses and Other Current Liabilities      HTML     53K 
30: R18         Long-Term Debt, Net                                 HTML    125K 
31: R19         Leases                                              HTML     72K 
32: R20         Fair Value Measurements                             HTML     41K 
33: R21         Capital Structure                                   HTML     35K 
34: R22         Income Taxes                                        HTML    131K 
35: R23         Share-Based Compensation                            HTML     37K 
36: R24         Employee Benefit Plans                              HTML     40K 
37: R25         Distribution of Profits                             HTML     38K 
38: R26         Commitments and Contingencies                       HTML     39K 
39: R27         Related Party Transactions                          HTML     65K 
40: R28         Segment Information                                 HTML     39K 
41: R29         Additional Information - Financial Statement        HTML    153K 
                Schedule 1 Financial Information of Parent Company               
42: R30         Schedule 1 - Financial Information of Parent        HTML     37K 
                Company Additional Information                                   
43: R31         Summary of Significant Accounting Policies          HTML    168K 
                (Policies)                                                       
44: R32         Summary of Significant Accounting Policies          HTML     49K 
                (Tables)                                                         
45: R33         Cash, Cash Equivalents and Restricted Cash          HTML     43K 
                (Tables)                                                         
46: R34         Accounts Receivable, Net (Tables)                   HTML     64K 
47: R35         Property and Equipment, Net (Tables)                HTML     52K 
48: R36         Intangible Assets, Net (Tables)                     HTML     60K 
49: R37         Long-Term Prepayments, Deposits and Other Assets    HTML     60K 
                (Tables)                                                         
50: R38         Land Use Right, Net (Tables)                        HTML     46K 
51: R39         Accrued Expenses and Other Current Liabilities      HTML     53K 
                (Tables)                                                         
52: R40         Long-Term Debt, Net (Tables)                        HTML     74K 
53: R41         Leases (Tables)                                     HTML     76K 
54: R42         Income Taxes (Tables)                               HTML    126K 
55: R43         Related Party Transactions (Tables)                 HTML     57K 
56: R44         ORGANIZATION AND BUSINESS - Additional Information  HTML     41K 
                (Detail)                                                         
57: R45         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     47K 
                Schedule of Estimated Useful Lives of Property and               
                Equipment (Detail)                                               
58: R46         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     44K 
                Schedule of Basic And Diluted Net (Loss) Income                  
                (Detail)                                                         
59: R47         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     66K 
                Additional Information (Detail)                                  
60: R48         CASH, CASH EQUIVALENTS AND RESTRICTED CASH -        HTML     48K 
                Schedule of Cash Cash Equivalents And Restricted                 
                Cash (Detail)                                                    
61: R49         ACCOUNTS RECEIVABLE, NET - Components of Accounts   HTML     45K 
                Receivable, Net (Detail)                                         
62: R50         ACCOUNTS RECEIVABLE, NET - Movement in Allowances   HTML     41K 
                for Credit Losses (Detail)                                       
63: R51         PROPERTY AND EQUIPMENT, NET - Components of         HTML     51K 
                Property and Equipment, Net (Detail)                             
64: R52         PROPERTY AND EQUIPMENT, NET - Additional            HTML     50K 
                Information (Detail)                                             
65: R53         INTANGIBLE ASSETS, NET - Additional Information     HTML     36K 
                (Detail)                                                         
66: R54         INTANGIBLE ASSETS, NET - Schedule of Finite-Lived   HTML     41K 
                Intangible Assets, Net (Detail)                                  
67: R55         INTANGIBLE ASSETS, NET -Schedule of Finite-Lived    HTML     38K 
                Intangible Assets, Future Amortization Expense                   
                (Detail)                                                         
68: R56         LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS -  HTML     35K 
                Additional Information (Detail)                                  
69: R57         LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS -  HTML     49K 
                Summary of Long-term prepayments, deposits and                   
                other assets (Detail)                                            
70: R58         LAND USE RIGHT, NET - Schedule of Land Use Right,   HTML     37K 
                Net (Detail)                                                     
71: R59         ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES -    HTML     47K 
                Schedule of Accrued Expenses and Other Current                   
                Liabilities (Detail)                                             
72: R60         LONG-TERM DEBT, NET - Summary of Long-term Debt,    HTML     57K 
                Net (Detail)                                                     
73: R61         LONG-TERM DEBT, NET - Summary of Long-term Debt,    HTML     58K 
                Net (Parenthetical) (Detail)                                     
74: R62         Long-Term Debt, Net (2020 Studio City Notes) -      HTML     74K 
                Additional Information (Detail)                                  
75: R63         Long-Term Debt, Net (2021 5.000% Studio City        HTML     64K 
                Notes) - Additional Information (Detail)                         
76: R64         Long-Term Debt, Net (2022 7.000% Studio City        HTML     58K 
                Secured Notes) - Additional Information (Detail)                 
77: R65         Long-Term Debt, Net (2016 Studio City Credit        HTML     76K 
                Facilities) - Additional Information (Detail)                    
78: R66         Long-Term Debt, Net - Borrowing Rates of Long-term  HTML     34K 
                Debt - Additional Information (Detail)                           
79: R67         LONG-TERM DEBT, NET - Scheduled Maturities of       HTML     52K 
                Long-Term Debt (Excluding Unamortized Deferred                   
                Financing Costs and Original Issue Premiums)                     
                (Detail)                                                         
80: R68         LEASES -Summary of components of lease cost         HTML     38K 
                (Detail)                                                         
81: R69         LEASES - Disclosure of other information related    HTML     37K 
                to lease terms and discount rates (Detail)                       
82: R70         LEASES - Summary of maturities of operating lease   HTML     56K 
                liabilities (Detail)                                             
83: R71         LEASES - Summary of future minimum fees, excluding  HTML     48K 
                the contingent fees to be received under                         
                non-cancellable operating leases (Detail)                        
84: R72         LEASES - Additional Information (Detail)            HTML     47K 
85: R73         FAIR VALUE MEASUREMENTS - Additional Information    HTML     37K 
                (Detail)                                                         
86: R74         CAPITAL STRUCTURE - Additional Information          HTML     57K 
                (Detail)                                                         
87: R75         INCOME TAXES - Schedule of Loss before Income Tax   HTML     39K 
                (Detail)                                                         
88: R76         INCOME TAXES - Summary of Income Tax (Benefit)      HTML     54K 
                Expense (Detail)                                                 
89: R77         INCOME TAXES - Income Tax (Benefit) Expense from    HTML     61K 
                Loss Before Income Tax (Detail)                                  
90: R78         INCOME TAXES - Additional Information (Detail)      HTML     73K 
91: R79         INCOME TAXES - Schedule of Net Deferred Tax         HTML     57K 
                Liabilities (Detail)                                             
92: R80         SHARE-BASED COMPENSATION - Additional Information   HTML     34K 
                (Detail)                                                         
93: R81         EMPLOYEE BENEFIT PLANS - Additional Information     HTML     36K 
                (Detail)                                                         
94: R82         DISTRIBUTION OF PROFITS - Additional Information    HTML     44K 
                (Detail)                                                         
95: R83         COMMITMENTS AND CONTINGENCIES - Additional          HTML     44K 
                Information (Detail)                                             
96: R84         RELATED PARTY TRANSACTIONS - Schedule of Related    HTML     83K 
                Party Transactions (Detail)                                      
97: R85         RELATED PARTY TRANSACTIONS - Schedule of Related    HTML     51K 
                Party Transactions (Parenthetical) (Detail)                      
98: R86         RELATED PARTY TRANSACTIONS - Additional             HTML     48K 
                Information (Detail)                                             
99: R87         Additional Information - Financial Statement        HTML    120K 
                Schedule 1 - Financial Information of Parent                     
                Company Condensed Balance Sheets (Detail)                        
100: R88         Additional Information - Financial Statement        HTML     52K  
                Schedule 1 - Financial Information of Parent                     
                Company Condensed Balance Sheets (Parenthetical)                 
                (Detail)                                                         
101: R89         Additional Information - Financial Statement        HTML     80K  
                Schedule 1 - Financial Information of Parent                     
                Company Condensed Statements of Operations                       
                (Detail)                                                         
102: R90         Additional Information - Financial Statement        HTML     61K  
                Schedule 1 - Financial Information of Parent                     
                Company Condensed Statements of Comprehensive Loss               
                (Detail)                                                         
103: R91         Additional Information - Financial Statement        HTML     59K  
                Schedule 1 - Financial Information of Parent                     
                Company Condensed Statements of Cash Flows                       
                (Detail)                                                         
104: R92         FINANCIAL STATEMENT SCHEDULE 1 - FINANCIAL          HTML     41K  
                INFORMATION OF PARENT COMPANY - Additional                       
                Information (Detail)                                             
106: XML         IDEA XML File -- Filing Summary                      XML    206K  
109: XML         XBRL Instance -- d481398d20f_htm                     XML   2.31M  
105: EXCEL       IDEA Workbook of Financial Report Info              XLSX    184K  
 9: EX-101.CAL  XBRL Calculations -- msc-20231231_cal                XML    245K 
10: EX-101.DEF  XBRL Definitions -- msc-20231231_def                 XML   1.01M 
11: EX-101.LAB  XBRL Labels -- msc-20231231_lab                      XML   1.37M 
12: EX-101.PRE  XBRL Presentations -- msc-20231231_pre               XML   1.27M 
 8: EX-101.SCH  XBRL Schema -- msc-20231231                          XSD    269K 
107: JSON        XBRL Instance as JSON Data -- MetaLinks              531±   843K  
108: ZIP         XBRL Zipped Folder -- 0001193125-24-074558-xbrl      Zip    717K  


‘EX-8.1’   —   Opinion of Counsel re: Tax Matters


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-8.1  

Exhibit 8.1

Studio City International Holdings Limited

List of Significant Subsidiaries

As of December 31, 2023

 

1.

MSC Cotai Limited, incorporated in the British Virgin Islands

 

2.

SCP Holdings Limited, incorporated in the British Virgin Islands

 

3.

SCP One Limited, incorporated in the British Virgin Islands

 

4.

SCP Two Limited, incorporated in the British Virgin Islands

 

5.

Studio City Company Limited, incorporated in the British Virgin Islands

 

6.

Studio City Developments Limited, incorporated in the Macau Special Administrative Region of the People’s Republic of China

 

7.

Studio City Entertainment Limited, incorporated in the Macau Special Administrative Region of the People’s Republic of China

 

8.

Studio City Finance Limited, incorporated in the British Virgin Islands

 

9.

Studio City Holdings Limited, incorporated in the British Virgin Islands

 

10.

Studio City Holdings Three Limited, incorporated in the British Virgin Islands

 

11.

Studio City Holdings Two Limited, incorporated in the British Virgin Islands

 

12.

Studio City Investments Limited, incorporated in the British Virgin Islands


Dates Referenced Herein

This ‘20-F’ Filing    Date    Other Filings
Filed on:3/22/24None on these Dates
For Period end:12/31/23
 List all Filings 


7 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/31/23  Studio City Int’l Holdings Ltd.   20-F       12/31/22  114:10M                                    Donnelley … Solutions/FA
 3/31/22  Studio City Int’l Holdings Ltd.   20-F       12/31/21  114:15M                                    Donnelley … Solutions/FA
 3/31/21  Studio City Int’l Holdings Ltd.   20-F       12/31/20  114:16M                                    Donnelley … Solutions/FA
 3/29/19  Studio City Int’l Holdings Ltd.   20-F       12/31/18   97:9.8M                                   Donnelley … Solutions/FA
10/09/18  Deutsche Bank Tr Co Americas/… Gp F-6                    3:505K Studio City Int’l Holdings Ltd.   White & Case LLP/FA
10/09/18  Studio City Int’l Holdings Ltd.   F-1/A                  9:6.4M                                   Donnelley … Solutions/FA
 9/07/18  Studio City Int’l Holdings Ltd.   F-1                   55:19M                                    Donnelley … Solutions/FA
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Filing Submission 0001193125-24-074558   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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