KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.
KUALA LUMPUR (Jan 28): Genting Malaysia Bhd is reported to have told attendees at the casino and hotel operator’s pre-opening preview for the group’s estimated US$800 million (about RM3.
Genting Malaysia says Genting SkyWorlds preparations underway; health, safety key priorities as Covid-19 lingers
KUALA LUMPUR (Jan 21): Genting Malaysia Bhd (GENM) said "preparations are underway" for the opening of the Genting SkyWorlds outdoor theme park at Resorts World Genting (RWG), a key growth initiative for the casino and hotel in Malaysia and that the health and safety of guests, employees and the community remain key priorities amid lingering Covid-19 pandemic concerns.
Genting Malaysia 3Q net loss narrows to RM289m, says overseas ops maintaining strong recovery momentum
KUALA LUMPUR (Nov 26): Genting Malaysia Bhd's net loss narrowed to RM289.
Genting Skyworlds theme park starts technical rehearsals; analysts expect it to be opened by next month
KUALA LUMPUR (Nov 8): Genting Malaysia Bhd (GENM)’s outdoor theme park Genting Skyworlds is one step closer to opening its doors to the public as it starts conducting technical rehearsals.
KUALA LUMPUR (Oct 1): Genting Malaysia Bhd has announced the resumption of business at Resort World Genting (RWG) beginning Thursday with limited offerings, under Phase 3 of the National Recovery Plan for Pahang residents.
KUALA LUMPUR (Aug 27): Genting Malaysia Bhd’s (GenM) net loss narrowed to RM348.
KUALA LUMPUR (Aug 25): Genting Malaysia Bhd’s (GenM) indirect wholly-owned subsidiary Genting UK plc is reported to have moved its online Genting Casino operations to a new platform provided by SkillOnNet in collaboration with Amazon.
KUALA LUMPUR (July 12): Genting Malaysia Bhd’s indirect 100%-owned subsidiary Genting New York LLC has been named among the 10 highest-spending lobbying entities in the US state of New York after the casino and hotel operator was reported to have spent US$1.
Genting Malaysia’s senior management takes temporary voluntary 20% salary cut, asks staff to consider variation in employment contract based on rank
KUALA LUMPUR (March 3): Genting Malaysia Bhd’s senior management team has taken a temporary voluntary 20% salary cut for three months, and the company has written to staff for them to consider a variation in their employment contract with a suggested variation staggered depending on job grade from 15% to 20% reduction in salary or one day no pay leave per week, according to a letter sighted by The Edge.