RGB shelves plan to enter Timor-Leste gaming industry

KUALA LUMPUR: RGB International Bhd has shelved its plan to enter the gaming industry in Timor-Leste via the purchase of a 30% stake in Timor Holding, Lda (THL).

The electronic gaming machines and equipment manufacturer told Bursa Malaysia that RGB (Macau) Ltd, which is wholly owned by its unit RGB Ltd, had decided not to acquire the 30% equity stake – representing one share quota - in THL, whose business is operating of amusement and electronic gaming machines.