Genting

Moody’s downgrades Genting Bhd and two subsidiaries

Move reflects Malaysian giant’s ‘already-weak position’ due to prolonged deleveraging amid slow earnings recovery, says ratings agency

Genting Bhd is intensifying its overseas expansion as Genting Malaysia faces a more challenging operating environment in the country and intensifying gaming competition across Asia.

Genting’s privatisation push falters just as New York delivers a splashy win

The offer for Genting Malaysia closes shy of the delisting mark while its US arm scores with a full-casino licence

The conglomerate also operates resorts and casinos in Singapore, the UK, the Bahamas and Egypt.

Genting’s New York casino licence buffers risks in Malaysia

The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds

Genting Singapore's gaming revenue for Q3 is up 22% year on year at S$402.3 million.

Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate

[SINGAPORE] Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with improved VIP rolling volume and win rate contributing ...

Si has nearly two decades of international experience in the gaming and hospitality sector, having held senior leadership roles across integrated resorts in the region.

Genting Singapore names new RWS chief operating officer

Si Chen will assist the resort’s CEO in executing strategies, managing and developing its core businesses

Analysts believe the offer is a "good opportunity to exit given GENM's weaker earnings growth and cut in dividends”.

Genting Malaysia takeover bid sparks dividend hopes for Singapore shares: analysts

This follows Genting Bhd’s announcement of a conditional voluntary takeover offer

The proposed privatisation, one of Malaysia’s largest corporate exercises this year, would consolidate Genting’s gaming and hospitality assets under a single unlisted entity.

Analysts see Genting Malaysia offer as low, say upside not priced into bid

Research houses say the RM2.35 offer fails to capture upside from New York casino licence and global expansion plans

Under Lim Kok Thay's leadership, Genting has expanded globally with integrated resorts in Singapore, the US and the UK, alongside its diversification into power and biotechnology.

Lim Kok Thay’s long game continues with Genting’s latest act to take Malaysia unit private

From Pahang’s misty highlands to Singapore, Las Vegas and beyond, Genting’s rise is a story of vision and grit as Lim tightens control of his sprawling empire

Genting Bhd has offered RM2.35 per share, a 9.8 per cent premium to Genting Malaysia’s last price of RM2.14 before trading in its shares was halted on Monday.

Genting Bhd moves to privatise Genting Malaysia in RM6.7 billion deal

The conglomerate says the deal would improve capital allocation and operational efficiency

 By most accounts, Genting Singapore's weaker profitability was caused by the closure of some attractions at Resorts World Sentosa (above) to facilitate construction works related to the RWS 2.0 project, which deterred mass-market gamblers and non-gaming visitors.
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Is Genting Singapore still a good bet?

The company’s H1 2025 financial performance was disrupted by the temporary closure of some attractions at Resorts World Sentosa