Friday, July 20, 2018

Malaysia

Investors waiting for Genting theme park clarity: Nomura

Genting Malaysia has clear catalysts for further growth, though investors are likely waiting for further clarity on the opening of its 20th Century Fox theme park before buying the shares, Nomura said in a research note.

Genting Malaysia issues notes to finance resort redevelopment

Genting Malaysia has announced that its wholly-owned subsidiary, GENM Capital, has issued RM2.6 billion in nominal value of medium-term notes. Genting said the proceeds of...

Fitch affirms Genting Bhd, Genting Singapore rating at A- stable

Fitch Ratings announced this week that it has given Malaysia-listed Genting Bhd a long term foreign issuer default rating (IDR) of ‘A-’, a rating...

Syndicates secure bank accounts ahead of World Cup

With only a few days to the FIFA World Cup, bookmaking syndicates in Malaysia have been busy securing bank accounts from individuals to be...

Strong domestic performance drives GENM 18Q1 results

Genting Malaysia Berhad, operator of Resorts World Genting (RWG) in Malaysia reported a 16 percent improvement in net profit for the first quarter of...

Berjaya Assets net profit falls 90 percent in last quarter

Berjaya Assets Bhd saw its net profits decline 90.8 percent year-on-year in the third quarter ending March 31, 2018, down to RM16.6 million (US$4.2 million).

Ramp up seen as theme parks draw in crowds

An increase in visitation is expected to drive gaming business at Resorts World Genting this year, although analysts say the two key attractions in...

Tourism Malaysia and Tencent to create digital ecosystem

Tourism Malaysia has teamed with China's Tencent Holdings to create a digital tourism ecosystem aimed at helping the Southeast Asian nation gain a greater...

Does Wynn sale open Macau door for Genting?

Steve Wynn’s announcement he is selling some, or all, of the 12 percent stake in the company he founded may open the door for...

Berjaya Sports Q3 revenue edges higher on car unit

Berjaya Sports Toto, a Malaysian lottery company and car sales dealer, said its Q3 revenue edged up 2.7 percent as higher sales at the...

TRENDING ARTICLES

AGTech wins bid from Hebei Provincial Sports Lottery Administration Center

AGTech Holdings Limited is pleased to announce that the Company won an open bidding from Hebei Provincial Sports Lottery Administration Center to jointly launch...

RISQ appoints Julian Borg-Barthet as BD director

RISQ, experts in insurance-backed jackpots and betting promotions, have appointed Julian Borg-Barthet to the new role of Director of Business Development, as they look...

Wakayama mayoral debate puts IR plan on firing line

The face-to-face debate on July 5 between the two candidates for Wakayama mayor underlined the fact that neither candidate is currently in open alignment...

Broken Tooth to bring chess and poker tournaments to China

Former triad leader Wan Kuok-koi, known also as Broken Tooth, has partnered with an unnamed Beijing firm to bring chess and poker tournaments to...

Lawyers’ association says lifting casino ban threatens Japan’s legal order

The Japan Federation of Bar Associations has renewed its opposition to lifting the ban on casino gambling, describing the legislation as something that might threaten the underpinnings of the nation’s legal order.