RAM affirms ratings on Genting, Genting Malaysia

RAM Ratings said the Genting Group has met the thresholds for its ratings a year earlier than anticipated in financial year 2022.

PETALING JAYA: RAM Ratings has affirmed its ratings on Genting Bhd and Genting Malaysia Bhd, underpinned by its expectation that the group’s performance and financial profile will steadily improve over the next three years.

The ratings agency said the Genting Group has met the thresholds for its ratings a year earlier than anticipated in financial year 2022 (FY22).