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PETALING JAYA: Genting Malaysia Bhd and its founder Tan Sri Lim Kok Thay, via his vehicle Kien Huat Realty III Ltd, have offered to buy out minority shareholders in Nasdaq-listed Empire Resorts Inc for US$9.74 (RM40.65) cash per share
THE Genting group is not called a global business for nothing. In the week, it announced two different transactions originating from businesses at two ends of the globe.
KUALA LUMPUR: Affin Hwang Capital research maintained its buy call on Genting Group with an unchanged target price of RM9 following the release of results for Genting Singapore in 1H19.
PETALING JAYA: The steady rise in Genting Malaysia Bhd’s share price in recent weeks is linked to market speculation that its outdoor theme park will be opening its doors to visitors sooner than expected, analysts say.
KUALA LUMPUR: The former CEO of Yayasan Rakyat 1Malaysia (YR1M) Ung Su Ling told the High Court here that 1MDB, Petronas and Genting Group were the funders of YR1M, which was set up in January 2013.
PETALING JAYA: Apex Equity Holdings Bhd may have cleared a major hurdle for its proposed merger with Mercury Securities Sdn Bhd with a slim majority of shareholders voting in favour, but obstacles are coming back to haunt it.
PRIVATE sector debt in Malaysia is on the rise as business expansion continues to be fuelled by debt accumulation over the years.
THIS week’s outcome of Apex Equity Holdings Bhd’s EGM has put the stockbroking company one step closer to ending a tussle that began back in 2017.
KAJANG: The battle in Apex Equity Holdings Bhd has taken a major turn with shareholders voting in favour of the merger with Mercury Securities Sdn Bhd in a slim majority of 54.8%.