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Business

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.

Business

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.

Business

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.

Business

Eye On Stock - Genting Malaysia

GENTING Malaysia Bhd (code: 4715) appeared to be initiating a rebound in Friday trading as it turned higher to cross the 100-day simple moving average (SMA) on bullish momentum.

Business

GenM could see upsides from developments in US

KUALA LUMPUR: Genting Malaysia Bhd could stand to benefit from several developments taking place in the US, says Affin Hwang Capital research.

Business

RAM: Latest developments may weaken Genting’s financials

PETALING JAYA: RAM Ratings believes that the latest developments in Genting Singapore Ltd (GenS), together with the recent series of credit-negative events at Genting Malaysia Bhd (GenM), could weaken Genting Bhd’s financial metrics and limit its headroom for additional borrowings.

Business

Moody's: GentingM, GentingS capital spending can be met by existing cash flow

KUALA LUMPUR: Moody's Investors Service expects the increase in capital spending at Genting Bhd's key subsidiaries -- Genting Malaysia and Genting Singapore, can be met by their existing cash and operating cash flows.

Business Premium

Genting hopes for equanimity

THE Genting group of companies has been grabbing the headlines since end-2018. The recent development involves the purchase of the controversial “Equanimity” superyacht by Genting Malaysia Bhd. The firm has proposed to buy the superyacht, which was formerly owned by fugitive businessman Jho Low, at a price tag of US$126mil (RM515mil).

Business

Genting stocks lost more than RM4bilNegative reaction to recent corporate news

PETALING JAYA: More than RM4bil was wiped off the cumulative market value of the Genting group of companies’ three listed stocks in Malaysia and Singapore in a trading day as investors reacted negatively to the latest corporate developments related to the companies.

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.