Genting risks RM1bil write-off

By TEE LIN SAY

On or off: Artist’s impression of The First Light Resort & Casino in Massachusetts.

PETALING JAYA: Genting Malaysia Bhd (GenM) may have to write off an investment of US$274mil (RM1.18bil) should the US Department of Interior (DOI) effectively decide that construction of the First Light Resort & Casino (FLRC) in Massachusetts is not able to proceed.

A definite decision on this issue will be made by June 19, 2017.

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