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PETALING JAYA: The transitory nature of the coronavirus disease (Covid-19) has resulted in extended post-Chinese New Year closures of factories and other establishments, especially in China which has disrupted the supply chain, but work is returning, albeit gradually.
KUALA LUMPUR: RHB research has cut forecasts for Genting Bhd as it expects disappointing fourth quarter earnings for Genting Malaysia Bhd while the Wuhan coronavirus outbreak could have a negative effect in subsequent quarters.
KUALA LUMPUR: Paramount Corp Bhd, Careplus Group Bhd, Genting Malaysia Bhd, MISC Bhd and Uzma Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
The rapid spread of a deadly new virus from Wuhan, China, has dashed expectations of an earlier-than-scheduled opening of the new outdoor theme park by Genting Malaysia Bhd (GenM).
PETALING JAYA: Investors should remain invested in the listed number forecast operators (NFOs) for 2020, says AllianceDBS Research analyst Cheah King Yoong.
GENTING Malaysia Bhd made a fifth consecutive day of gains on Monday, which helped to strengthen the positive trend that has taken root on daily price chart.
A MIXED bag of fortunes awaits the gaming industry in the year ahead.
PETALING JAYA: Bursa Malaysia emerged as Asia's best performer yesterday with the FBM KLCI staging the strongest intra-day surge since Oct 2018.
PETALING JAYA: Genting Bhd has recorded a net profit of RM305.68mil for its third quarter ended Sept 30, compared with a net loss of RM275.80mil in the previous corresponding period.
PETALING JAYA: The majority of Genting Malaysia Bhd’s (GenM) loss-making Empire Resorts Inc stockholders have approved the proposed merger with the joint-venture company (JVCo) of GenM and Kien Huat Realty III Ltd (KH).