PETALING JAYA: Genting Plantations Bhd
’s joint-venture (JV) entity, Genting Simon Sdn Bhd, could double its profit contribution to the former due to the opening of Genting Highlands Premium Outlet (GPO), according to CIMB Research.
This is the group’s second premium outlet via its 50:50 JV with Simon Property Group, after Johor Premium Outlet (JPO), which was opened in 2011.
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