Panic selling: People walking past a logo of Resorts World Sentosa in Singapore. Genting Singapore suffers the biggest slump.— Reuters
PETALING JAYA: More than RM4bil was wiped off the cumulative market value of the Genting group of companies’ three listed stocks in Malaysia and Singapore in a trading day as investors reacted negatively to the latest corporate developments related to the companies.
The casino operators emerged among the top losers in the Malaysian and Singaporean stock exchanges yesterday, with Genting Singapore Ltd suffering the biggest slump.
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