Genting Malaysia seen rebounding strongly as the country opens

Stocks in both Genting Malaysia and Genting Singapore are rated as “buys” by Nomura as Covid restrictions begin to ease, although the Malaysian company is tipped to see a faster turnaround. In this week’s Face-to-Face, Tushar Mohata, head of Malaysian equity research at Nomura, explains what will be driving growth in Malaysia and discusses the group’s prospects in its various operating markets. We also talk about plans for capital investment and why the group is unlikely to have given up on pursuing a license in Japan in the longer term.