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KUALA LUMPUR: Genting Bhd and Genting Malaysia Bhd shares fell in active trading on Thursday following their latest corporate news.
SINGAPORE: Genting Singapore Ltd’s shares plunged to a three-month low on Thursday, after the casino operator unveiled a S$4.5 billion ($3.3 billion) expansion plan and the government said it would hike casino entry prices and taxes.
EG Industries: THE electronics manufacturing services company has benefitted from the ongoing trade tensions between United States and China to secure new box-build contracts which the management believes could rake in about RM1.5bil in FY20.
PETALING JAYA: The share price of Prestariang Bhd continued to fall on news that it is taking the federal government to court over the termination of its RM3.5bil contract, shedding another 4 sen or 9%.
KUALA LUMPUR: Orion IXL Bhd’s shares rose almost 9% in early trade Thursday, after CGS CIMB Research initiated a coverage with a “add” recommendation.
PETALING JAYA: Industrial lighting manufacturer Success Transformer Corp Bhd (STC) is expected to benefit from the government’s plan to replace street lights nationwide with light-emitting diodes (LED) street lighting.