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Corporate News

Genting Malaysia pumps RM175mil into US gaming unit Empire Resorts

KUALA LUMPUR: Genting Malaysia Bhd has agreed to inject fresh capital up to RM175mil into struggling US gaming unit Empire Resorts Inc.

The company, in a filing with Bursa Malaysia today said it had on March 18 agreed to subscribe up to US$40mil of series G preferred stocks in Empire.

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Genting Malaysia , Empire

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