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Genting Singapore in stronger position than Genting HK: analysts

SGX-listed firm has S$3.4 billion in net cash whereas HK-listed entity's net debt-to-equity ratio is 79.56 times

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People waiting to get into the casino at Resorts World Sentosa on July 1, the first day that the casino reopened since it closed due to the circuit breaker. Morningstar thinks Genting Singapore's financial health is still sound and expects its profitability to improve.

Singapore

CRUISE ship operator Genting Hong Kong (GENHK) is struggling to repay its creditors, but analysts say the same is unlikely to be the case for Genting Singapore given the latter's financial strength.

Last month, GENHK said it had suspended all payments to creditors in a...

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