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Genting Malaysia doubles Resorts World investment to RM10.4b

Its shares dive 3.7% after the announcement; FY15 profit rises to RM1.2b, from RM1.1b in FY14

Singapore

GENTING Malaysia Bhd (GenM) shed 3.7 per cent on Wednesday after it said it would double planned capital investment at its popular Resorts World Genting to RM10.38 billion (S$3.45 billion) from RM5 billion in a bid to elevate itself from regional competition and to be a...

sentifi.com

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