Genting Malaysia injects another RM635m into Empire Resorts
KUALA LUMPUR (Sept 12): Genting Malaysia Bhd (GENM) said it is injecting another US$150 million (RM625 million) cash into loss-making Empire Resorts Inc.
Lim Kok Thay’s son resigns from Genting HK as the cruise operator finds ways to keep concern going
KUALA LUMPUR (Aug 31): Genting Hong Kong Ltd (GEN HK) announced the resignation of its controlling shareholder’s son Lim Keong Hui (pictured) from the board.
Genting declares dividend despite sharp 2Q losses
KUALA LUMPUR (Aug 28): Genting Bhd’s net loss ballooned almost six times to RM786.
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.
Genting SkyWorlds outdoor theme park to open 2Q21, featuring 20th Century Fox attractions
KUALA LUMPUR (June 22): Genting Malaysia Bhd is targeting to open its outdoor theme park — which will be named "Genting SkyWorlds" — in the second quarter of 2021 (2Q21).
PublicInvest sees Genting Malaysia earnings returning to normalcy in FY22
KUALA LUMPUR (June 18): Trading interest in shares in Genting Malaysia Bhd (GenM) spiked after it announced that its Resorts World Genting (RWG) will resume operations tomorrow, and analysts are positive on this.
Genting Malaysia to reopen Kijal and Langkawi resorts
KUALA LUMPUR (June 16): Genting Malaysia Bhd announced today that the casino and hotel operator's Resorts World Kijal and Resorts World Langkawi will reopen on Thursday (June 18).
MCO extension: Genting Malaysia resorts to remain closed until May 12
KUALA LUMPUR (April 24): Genting Malaysia Bhd said Resorts World Genting, Resorts World Awana, Resorts World Kijal and Resorts World Langkawi will continue to be closed until May 12, following the announcement by Prime Minister Tan Sri Muhyiddin Yassin to extend Malaysia’s Movement Control Order (MCO).
Resorts World Genting, Awana, Kijal, Langkawi to be closed until April 14
KUALA LUMPUR (March 26): Genting Malaysia Bhd said several of its resorts will continue to be closed, following the announcement of the extension of the Movement Control Order (MCO) up to April 14 by Prime Minister Tan Sri Muhyiddin Yassin yesterday.
GENM injects RM174.8m into Empire Resorts
KUALA LUMPUR (March 20): Genting Malaysia Bhd (GENM) has entered into a subscription agreement with Nasdaq-listed Empire Resorts Inc to inject US$40 million (RM174.
