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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