Macau casino operator Melco Crown Entertainment Ltd. is expected to withdraw its listing from the Hong Kong Stock Exchange (HKSE) on July 3, 2015, the company said in a filing to the HKSE.

The operator filed an application stating its voluntary withdrawal from the exchange in January 2015. Melco Crown shareholders will convene in a general meeting on March 25, where it will vote on the proposed delisting. If that ends up according to plan, the company will then seek approval from the exchange’s listing committee for the delisting.

The decision to delist from the Hong Kong Stock Exchange was brought about by what Melco Crown describes as a lack of “appropriate opportunities to raise additional equity in Hong Kong” and the limited volume of trading its shares has had on that exchange.

The company added that maintaining the listing in the HKSE “requires additional ongoing regulatory compliance obligations and such requirements involve significant additional costs and administrative burden.” The company plans to focus on retaining the primary listing of American depository shares (ADSs) on the NASDAQ Stock Exchange.

If everything goes according to plan, Melco Crown shares in the Hong Kong Stock Exchange will have its last trading day on June 29. Once it has delisted from the exchange, existing Melco Crown shareholders will have the option of either keeping the Hong Kong-issued shares or convert them into ADSs, with the company covering the costs of the proceedings.

Meanwhile, Genting Hong Kong has bolstered its presence in the high-end cruise market after purchasing Crystal Cruises from Japan’s Nippon Yusen Kabushiki Kaisha in a deal worth $550 million. The deal, which is scheduled to be completed in the second quarter of 2015, will be financed with existing cash and bank loans.

“Crystal Cruises offers the epitome of luxury cruising and the service standard that all other cruise lines aspire to,” Genting Hong Kong Chairman, Chief Executive and acting President Lim Kok Thay said in a statement.