Genting raising US$300mil for overseas investments


  • Business
  • Saturday, 06 Dec 2003

Genting Bhd is issuing US$300mil five-year exchangeable notes to foreign investors to raise funds for the group's future overseas investments and working capital expenditure. 

The notes, issued via the conglomerate's wholly owned subsidiary, Prime Venture (Labuan) Ltd, are exchangeable for shares in Resorts World Bhd held by Genting. 

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