Genting Malaysia, Genting rebound from share selldown

KUALA LUMPUR: Shares of Genting Malaysia Bhd and Genting Bhd rebounded in early trade Wednesday from a heavy selldown yesterday, following news that Twenty-First Century Fox Inc was pulling out of the contract for the construction of the Fox theme park in Genting Highlands.

Genting Malaysia, the most heavily traded counter on Bursa Malaysia, rose 1.67%, or five sen to RM3.05 with 33.4 million shares traded.