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Business

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.

Business Premium

Casino stocks continue to fall

A notable number of analysts have continued to maintain their “buy” calls on Genting Bhd and Genting Malaysia Bhd (GenM) despite the unexpected announcement of additional taxes that will be imposed on casinos in Malaysia.

Business

Genting Malaysia issues RM2.6bil debt notes

KUALA LUMPUR: Genting Malaysia Bhd has issued RM2.6bil in debt notes to finance the development and re-development of properties and resorts of the group, including those located in Genting Highlands.

Business

Genting, Genting Malaysia shares up on special dividend

KUALA LUMPUR: Genting Bhd and Genting Malaysia Bhd shares rose in active trading on Wednesday after the announcing record high dividend.

Business

Analyst Reports

CIMB Research recently met up with the management of Genting Malaysia Bhd on its near-term earnings prospects, which mainly centered on the timeline for the opening of its multi-year renovation and development of the Genting Integrated Tourism Plan (GITP) project as well as key strategies for 2018.

Business

Genting Bhd shares up, GentingM down after Q1 earnings

KUALA LUMPUR: Genting Bhd and Genting Malaysia Bhd put up a contrasting performance in their share prices on Tuesday after their mixed earnings for the first quarter ended March 31, 2017.

Corporate News

Genting M'sia gets nod to sell stake in HK-listed cruise operator

KUALA LUMPUR: Genting Malaysia Bhd has been given the authority by its shareholders to sell its entire interest in luxury cruise operator Genting Hong Kong Ltd. It paves the way for the group to raise funds for its multi-billion-ringgit master plan for Resorts World Genting.

Business

Genting falls on British casino plan

PETALING JAYA: Genting Malaysia Bhd was one of the top losers on the local bourse yesterday as the casino operator's share price tumbled after it announced plans to buy Genting Singapore PLC's operations in Britain (Genting UK) on Thursday.

Business

Genting chairman sells shares

KUALA LUMPUR: Genting Bhd chairman and chief executive Tan Sri Lim Kok Thay has disposed of 269,000 and 260,000 shares in Genting Bhd and Genting Malaysia Bhd respectively.

Business

Genting Malaysia to pay more dividends?

PETALING JAYA: Genting Malaysia Bhd might be asked by parent Genting Bhd to pay out more dividends so that the latter could finance its Indonesian power plant and Las Vegas casino projects, said Maybank IB Research.