PETALING JAYA: Genting Malaysia Bhd
’s (GenM) recent disposal of 1.43 million shares or 16.9% stake in Genting Hong Kong (GHK) to Golden Hope Ltd (GHL) for US$415mil (about RM1.7bil) cash, received rather lukewarm response from research houses, although they deemed it fair to shareholders.
GHL is a trustee of Golden Hope Unit Trust, whereby GenM chairman Tan Sri Lim Kok Thay and his family members were beneficiaries.
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