PETALING JAYA: Independent adviser RHB Investment Bank Bhd has described the proposed disposal by Genting Malaysia Bhd
’s indirect unit Resorts World Ltd of its 17.81% stake in cruise ship operator Genting Hong Kong Ltd as “fair and reasonable”.
The proposed disposal will be for a minimum price of US$472.2mil (RM1.77bil) in cash, or 33 US cents per share.
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