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.
Resort World Genting resumes business with limited offerings
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.
Genting Malaysia’s net loss narrows in 2Q, cautious on near-term prospects of leisure industry
KUALA LUMPUR (Aug 27): Genting Malaysia Bhd’s (GenM) net loss narrowed to RM348.
Genting UK's online casino said to be marketed on new platform by Amazon.com unit
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.
Genting Malaysia unit among 10 highest-spending lobbying entities in New York
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.
GenM clinches RM707m loan for land at Resorts World Casino New York City
KUALA LUMPUR (Feb 25): Genting Malaysia Bhd (GenM) has accepted a US$175 million (RM707 million) loan from US bank Wells Fargo for a piece of vacant land at its Resorts World Casino New York City.
Genting Empire Resort to start video gaming parlour in New York
KUALA LUMPUR (Feb 9): Genting Malaysia Bhd's 49%-owned associate Genting Empire Resorts LLC, which operates the Resorts World Catskills (RWC) casino in New York, said developing a video gaming machine facility in Orange County has, for many years, been part of RWC's long-term vision for Hudson Valley and Catskills within the US state.
Genting Malaysia liquidates Irish subsidiary
KUALA LUMPUR (Feb 2): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned dormant subsidiary Stanley Leisure (Ireland) Unlimited Company (SLIUC), which was incorporated in Ireland, was placed under members' voluntary liquidation last Wednesday (Jan 27) pursuant to the provisions of the Companies Act 2014 of Ireland.
