News about Genting Malaysia

The proceeds from the issuance of the MTNs will be used for, among others, the development of properties and resorts of Genting Malaysia and its subsidiaries, including those in Genting Highlands, Pahang.

In a note, Nomura analysts Tushar Mohata and Alpa Aggarwal said the sale was a very positive development for the company and its parent, Genting Bhd.

Genting Malaysia said the Miami Herald land is close to the commercial, residential and shopping areas in Miami, Florida, and is located directly across the street from the Adrienne Arsht Center for the Performing Arts of Miami-Dade County, one of the largest performing arts centres in the US.

Genting Malaysia’s share price had come down after the the Malaysian casino and resorts operator announced its investment in Empire Resorts back in August 2019.

RWG's hill-top resort registered a substantially higher number of visitors at 9.

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.

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.

KUALA LUMPUR (Nov 26): Genting Malaysia Bhd's net loss narrowed to RM289.

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.