Tag: Genting
-
Genting’s RM6.74B Bid to Privatize Genting Malaysia Amid NY Casino Push
Genting Moves to Take Genting Malaysia Private Genting Berhad announced on October 13 a conditional cash offer to acquire all remaining shares of Genting Malaysia Berhad it does not already own. Valued at RM6.74 billion (about S$2.1 billion), the proposal aims to privatise Genting Malaysia and consolidate control over the group’s casino and hospitality arm.…
-
Genting Bids RM6.74 Billion to Privatize Genting Malaysia, Consolidating Casino Arm
Genting Announces Conditional Cash Offer to Take Genting Malaysia Private In a move to consolidate control over its casino and hospitality arm, Genting Group has unveiled a conditional cash offer to acquire the remaining Genting Malaysia shares it does not own. The bid, valued at RM6.74 billion (about S$2.1 billion), was disclosed on October 13…