PETALING JAYA: Genting Malaysia Bhd was one of the top losers on the local bourse yesterday as the casino operator’s share price tumbled after it announced plans to buy Genting Singapore PLC’s operations in Britain (Genting UK) on Thursday.
Genting Malaysia fell 12 sen or 4.38% to close at a one-month low of RM2.62 with 83 million shares traded. The stock slumped as much as 10% – the most in almost nine years – to an intra-day low of RM2.46 in the morning.
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