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GentingM, Genting see RM4.89b erased from market cap over US$1b suit

KUALA LUMPUR: Genting Malaysia Bhd and Genting Bhd saw a combined RM4.89bil erased from their market capitalisation at midday on Tuesday following the fallout from its US$1bil suit against Walt Disney Co and Twenty-First Century Fox Inc over the cancellation of the first Fox-branded theme park

Corporate News

Genting Malaysia proposes RM5b medium term notes plan (Update)

KUALA LUMPUR: Genting Malaysia Bhd has proposed to set up a RM5bil medium term notes (MTN) programme for capital expenditure, development of properties and resorts including those in Genting Highlands.


Trading ideas: Genting, Genting Malaysia, UMW, Padini, AirAsia

KUALA LUMPUR: Genting Bhd, Genting Malaysia Bhd, UMW Holdings Bhd, Padini Holdings Bhd, AirAsia Group Bhd are among the stocks to watch on Thursday, according to JF Apex Research.


Spotlight on Genting EGM

PETALING JAYA: While the investing community may now be re-looking at Genting Malaysia Bhd due to its new flavour as an international play, just earlier this year this casino operator did not have a compelling story to tell.


Genting to invest US$1.3bil in NY video lottery project

PETALING JAYA: Genting Malaysia Bhd's unit Genting New York LLC, which has won the bid to operate a video lottery terminal facility in New York, plans to invest US$1.3bil (RM4.19bil) in the project.


Genting Malaysia to buy Wisma Genting, land

PETALING JAYA: Genting Malaysia Bhd (GMB), formerly known as Resorts World Bhd, has proposed to acquire Wisma Genting in the heart of Kuala Lumpur and two parcels of lands in Segambut from parent company Genting Bhd for RM228.6mil.


Genting, Genting Malaysia shares down in early trade

KUALA LUMPUR: Genting Bhd and Genting Malaysia Bhd shares fell in active trading on Thursday following their latest corporate news.