Genting shares fall on US project setback


PETALING JAYA: Shares of Genting Malaysia Bhd (GenM) and its parent Genting Bhd fell amid a broader market decline on news that the group's plan to expand its New York operations had hit a snag.

GenM shed 15 sen to close at RM3.54, while its parent Genting lost 30 sen to close at RM9.70 yesterday, when the broader market sank deep in the red due to fresh concerns over the health of the global economy.

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