KUALA LUMPUR: Genting Malaysia Bhd (GENM) is consolidating its gaming business in the US.
The company, in a filing with Bursa Malaysia today, said wholly owned Genting (USA) Ltd has proposed to acquire 13.2 million shares in Empire Resorts Inc from its single largest shareholder Kien Huat Realty III (KH) for US$128.6mil (RM538.8mil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!