Resorts World Genting expects decline in visitors amid MCO

KUALA LUMPUR (Jan 13): Genting Malaysia Bhd’s Resorts World Genting (RWG) yesterday issued a notice that it anticipates a decline in number of visitors following the implementation of the Movement Control Order (MCO), Conditional MCO (CMCO) and Recovery MCO (RMCO).

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GenM's Resorts World Genting clarifies it remains open, not in EMCO area

KUALA LUMPUR (Dec 29): Genting Malaysia Bhd’s (GenM) operating unit Resorts World Genting (RWG) said in its latest notice that it remains open, and that the hotel and casino operator is not operating in the affected area where an enhanced movement control order (EMCO) is being implemented — at the Amber Court and Ria apartments — until Jan 6 to curb the spread of the Covid-19 pandemic.

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Cross default unlikely in Genting group as Genting HK suspends payments to lenders

KUALA LUMPUR (Aug 21): News on Genting Hong Kong Ltd (Gent HK) opting to suspend payments to all creditors to preserve cash is expected to trigger a knee-jerk reaction to the share prices of its sister companies — Genting Bhd and Genting Malaysia Bhd (GENTM) on Bursa Malaysia, although the duo do not hold any equity stake in the Hong Kong-listed cruise operator.

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