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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.

Equanimity sale is proof that 1MDB scandal real, says Guan Eng

SEREMBAN: The sale of luxury yacht Equanimity is proof that the 1Malaysia Development Berhad (1MDB) scandal was real and not made up as claimed by the previous administration, says Finance Minister Lim Guan Eng.

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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).

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.

PM: We may sell our assets

KUALA LUMPUR: The government did not rule out the possibility of selling more assets including land to keep the national debt at a manageable level, said Prime Minister Tun Dr Mahathir Mohamad.

Dr M: More govt assets could be sold to manage national debt

KUALA LUMPUR: The government is not ruling out the possibility of selling more assets – including land – to keep national debt at a manageable level, says Tun Dr Mahathir Mohamad.

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.

Equanimity could appeal to GenM's VIP customers, says RHB

KUALA LUMPUR: Genting Malaysia Bhd's acquisition of the Equanimity superyacht for US$126mil (RM514.6mil) could improve the branding and VIP gaming volume of the gaming and leisure company.

‘Let IGP retire before we probe him’

PETALING JAYA: The successor to outgoing Inspector-General of Police Tan Sri Mohamad Fuzi Harun will conduct the investigation into allegations that the Special Branch was behind the disappearance of a pastor and a social activist, says the Prime Minister.

Dr M challenges Jho Low to return and repeat Equanimity sale allegations

PETALING JAYA: Prime Minister Tun Dr Mahathir Mahathir has challenged fugitive businessman Low Taek Jho to repeat his allegations in Malaysia that the Prime Minister had lowered the value of the superyacht Equanimity through his actions.