Genting Malaysia unit inks merger agreement to delist Empire Resorts

KUALA LUMPUR (Aug 20): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned subsidiary Genting (USA) Ltd (GenUSA) has acquired a 49% stake in joint venture company (JVCo) Hercules Topco LLC, which will hold all outstanding shares in Empire Resorts Inc under Empire's planned delisting from the US stock market.

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20 more Giant and Cold Storage stores to close?

KUALA LUMPUR (Aug 20): Hong Kong-based retailer Dairy Farm International Holdings Ltd (DFI) has neither confirmed nor denied the authenticity of a list — of 22 Giant and Cold Storage stores identified to be shut nationwide — that went viral on social media.

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