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Lower on selling pressure

KUALA LUMPUR: Share prices on Bursa Malaysia remained lacklustre after falling in early trading and then stayed in tight band trading for the rest of day before closing with moderate losses.

Genting NY lottery bid

PETALING JAYA: Genting Malaysia Bhd told Bursa Malaysia that its indirect wholly-owned subsidiary, Genting New York LLC (Genting NY), had submitted a formal bid on Tuesday to develop and operate a video lottery facility at the Aqueduct Racetrack in New York city.

Lin: No conflict of interest

PETALING JAYA: Newly appointed non-executive director of Top Glove Corp Bhd Tan Sri Lin See Yan says his directorship in Top Glove does not conflict with his interest as a board member and advisor of EcoGlove Ltd - a producer of reusable gloves.

Mixed views on Genting’s US lottery venture

PETALING JAYA: Analysts have 'mixed feelings' on Genting Malaysia Bhd's latest interest to develop and operate a video lottery facility at Aqueduct Racetrack in New York, the United States.

Genting unit may bid for NY lottery

PETALING JAYA: Genting Malaysia Bhd's indirect wholly-owned subsidiary, Genting New York LLC (Genting NY), submitted a US$1mil entry fee to the New York Lottery on June 1.

Genting completes notes subscription

PETALING JAYA: Genting Malaysia Bhd's indirect unit Resorts World Ltd has completed the subscription of US$48mil (RM153.4mil) worth of debt papers issued by casino player MGM Mirage Inc, the company told Bursa Malaysia yesterday.

Resorts completes US$18mil MGM notes subscription

PETALING JAYA: Genting Malaysia Bhd's indirect unit Resorts World Ltd has completed the subscription of US$18mil (RM60mil) nominal amount of 9% senior secured notes issued by MGM Mirage Inc due March 2020.

Genting profit up on higher contributions

PETALING JAYA: Genting Bhd posted a net profit of RM245.4mil in the quarter ended Dec 31 compared with a net loss of RM120.78mil a year ago on higher contributions from the plantation, property and power divisions.

NFOs upping ante to win a share of the festive punting fever

IN every gamble, the first rule always applies. And that is, the house always wins.

The ones to watch this year

What will the top corporate figures andtheir companies do this year?