PETALING JAYA: The Genting group’s global expansion could lead to a major restructuring exercise entailing the merger of Genting Bhd and Genting Hong Kong Ltd and a possible listing of its US gaming assets, according to CIMB Research.
It said the size of Genting Hong Kong and Genting Bhd’s gaming assets could become so large at some stage that its hypothesis of a merger between the two could come to pass. As such, the research house said that it saw a significant restructuring potential in the current structure of the Genting group as it rolled out its global footprint.