Genting Malaysia loses new theme park catalyst, shares tumble


No walk in the park: A file picture showing visitors at one of the attractions in Genting Highland Resort. Genting Malaysia is claiming more than US1bil from 21st Century Fox Inc and Walt Disney Co for pulling out of a theme park deal. — AP

PETALING JAYA: The opening of a new theme park based on the 20th Century Fox World design is supposed to boost the number of visitors to Genting Highlands for the next two years from June 2019.

However, it is not going to happen – sparking a setback for Genting Malaysia Bhd in its efforts to boost visitor numbers.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Fox , shares , Genting , Warner Brothers , catalyst , visitors , park ,

Next In Business News

The economics of demolition
Chinese buyers driving Malaysian boom
Student housing set for growth
SC, Bursa Malaysia launch inaugural InvestSmart x Bursa Marketplace Fair 2026
Macao offers Malaysian companies a bridge to China - MCBC chairman
Bursa Malaysia expected to trade with a positive bias next week
Hong Leong Bank announces bespoke lifestyle credit card
As the lease runs down
Gold rally fuels exotic options
Caribbean fears EU golden passport fallout

Others Also Read