Global uncertain economic outlook seen weighing on Genting Malaysia


Genting Bhd is the top pick on the possibility of a special dividend due to the group

PETALING JAYA: A global slowdown may weigh on gaming-and-resort operator Genting Malaysia Bhd’s (Genting Malaysia) overseas operations.

A majority of analysts covering the stock have a “hold” or “neutral” call even though the company has doubled its capital investment under the Genting Integrated Tourism Plan (GITP) to about RM10.38bil from RM5bil as part of a strategy to drive tourist arrivals to the flagship Genting Highlands resort and casino.

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Business , Genting Malaysia Bhd

   

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