PETALING JAYA: Leisure and hospitality group Genting Malaysia Bhd
’s indirect subsidiary Resorts World Ltd has proposed to sell its entire 17.81% stake or some 1.43 billion shares in Genting Hong Kong Ltd for at least RM1.7bil cash.
In a filing statement with Bursa Malaysia, Genting Malaysia said the manner in which the shares could be disposed of included but was not limited to transactions done in the open market, off-market transactions or a combination of both.The company had not identified any specific purchaser(s) at this juncture.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
