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PETALING JAYA: Resorts World Genting (RWG) will reopen tomorrow at 10am after being shut for three months due to the movement control order (MCO) since March 18
PETALING JAYA: Gaming companies saw some modest gains in yesterday’s trade following the government’s decision to allow the numbers forecast operator (NFO) companies to operate once again.
KUALA LUMPUR: Resorts World Genting (RWG) will reopen on Friday but entry into SkyCasino at SkyAvenue and Genting Club at Genting Grand Hotel will be for Genting Rewards members.
KUALA LUMPUR: JF Apex Research expects Hengyuan Refining Company Bhd, Magnum Bhd, Berjaya Sports Toto Bhd, YTL Corp, XOX Bhd, Green Packet Bhd and Boustead Heavy Industries Corp Bhd (BHIC) to be among the stocks to watch on Wednesday.
KUALA LUMPUR: Shares in Genting Malaysia Bhd slid after news that the group is cutting jobs and restructuring its operations.
Amid the challenges posed by the Covid-19 pandemic, Genting Bhd posted a lower revenue of RM4.1bil for the first quarter (Q1) ended March 31,2020, compared with RM5.6bil in the previous corresponding quarter.
KUALA LUMPUR: Moody's Investors Service has downgraded the issuer rating of Genting Bhd to Baa2 from Baa1.
PETALING JAYA: Genting Malaysia Bhd’s (GenM) second quarter earnings are expected to take a severe hit due to disruptions to its business from the movement control order (MCO).
KUALA LUMPUR: RHB research house has maintained its "buy" recommendation on Genting Malaysia Bhd as the group's long-term prospects remain intact despite "unprecendented losses" expected for the second quarter of 2020.
THE Covid-19 pandemic has been extremely brutal on businesses that even Malaysia’s well-known and diversified conglomerate, Genting Bhd, could not escape the brunt of the deadly virus outbreak.