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Genting posts lower Q1 net profit on provision

KUALA LUMPUR: Genting Bhd is reviewing spending plans and cost structures in Malaysia following recent hikes in casino duties, while a provision on a terminated project impacted its first quarter earnings.

Improving Malaysia-China ties a boon for Genting

PETALING JAYA: The improvement in ties between Malaysia and China would be a boon for Genting Malaysia Bhd, according to RHB Research.

GenM's upcoming results to clear the cloud, says RHB

KUALA LUMPUR: RHB research is optimistic over Genting Malaysia Bhd's upcoming results, which it says should dispel uncertainty on the impact of the tax hike and boost sentiment on the stock.

Five GLCs among 20 listed firms with highest-paid CEOs

KUALA LUMPUR: Five government-linked companies (GLCs) and 10 family-controlled entities made up the top-20 listed companies on Bursa Malaysia with the highest-paid chief executive officers (CEOs) last year.

RM15.5mil on maintenance, says AG

PETALING JAYA: About RM15.5mil was spent on maintaining super­yacht Equanimity from August last year until its delivery to Genting Malaysia Bhd last month, says Attorney General Tommy Thomas.

RM523mil sale of Equanimity to Genting completed, says AGC

PETALING JAYA: The judicial sale of the superyacht Equanimity to Genting Malaysia Bhd has been completed, says the Attorney General’s Chamber (AGC).

‘Equanimity’ has sailed to Singapore

LANGKAWI: The police have confirmed that Equanimity, the luxury yacht linked to the 1Malaysia Development Bhd (1MDB) scandal, is no longer at the Royal Malaysian Navy (RMN) Region Three Base (Mawilla 3) jetty at Bukit Malut here.

After ‘rough waters’, Equanimity will set sail again as Tranquility

PETALING JAYA: After sailing on “choppy waters”, the superyacht Equanimity is getting new checks and a new name under its new owner Genting Malaysia Bhd.

Jho Low's Equanimity gets new name: It's Tranquility now

PETALING JAYA: The superyacht Equanimity has been renamed the Tranquility, according to the ship-tracking website Marine Traffic.

Foreign funds may return to Malaysian market by Q3

PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.