Genting

Genting Singapore draws takeover interest - THE EDGE SINGAPORE

M&A

Genting Singapore draws takeover interest

There’s no certainty the deliberations will lead to a transaction

Broker's Calls

RHB ups Genting Singapore's TP to 95 cents on reopening and potential upside in dividends

RHB Group Research has kept its “buy” rating on Genting Singapore with an increased target price of 95 cents from 90 cents
UOBKH notes impact of sustained Covid-19 outbreak in China, but maintains estimates for STI companies - THE EDGE SINGAPORE

Broker's Calls

UOBKH notes impact of sustained Covid-19 outbreak in China, but maintains estimates for STI companies

Will the Covid-19 resurgence in China hit stocks that derive their earnings from there?

Results

Genting Singapore reports 2HFY2021 earnings of $95.1 mil; maintains dividend at one cent per share

The company plans to spend $400 million this year for renovation and expansion
How a billionaire's cruise empire imploded in Hong Kong - THE EDGE SINGAPORE

Covid-19

How a billionaire's cruise empire imploded in Hong Kong

The expansion plans of the other Genting companies should not be negatively impacted, says Maybank's Yin Shao Yang
Genting's big bet on Vegas  - THE EDGE SINGAPORE

Company in the news

Genting's big bet on Vegas

Resorts World Las Vegas is a project showcasing Genting’s presence at the heart of the US’ gambling centre.
Positive vaccine news sees underperformers rebound  - THE EDGE SINGAPORE

Broker's Calls

Positive vaccine news sees underperformers rebound

UOB KayHian analyst Adrian Loh urges investors to buy into blue chips with strong financials and dividend-paying ability.

Broker's Calls

Markets cheered by lockdown easing, but grim long-term outlook awaits

DBS recommends investors to look at circuit-breaker casualties and top-slice beneficiaries, but the long-term outlook remains pessimistic.

Malaysia

Genting bets US$1.2 bil on New York’s Catskills casino

(Feb 2): If a billionaire from Malaysia has his way, Asian tourists will soon be flocking to the Borscht Belt region in the Catskills Mountains that was once the summer home for generations of Jewish New Yorkers.

Broker's Calls

Will 2018 end with a bull or base case STI?

SINGAPORE (Jan 5): DBS Group Research says expectations for the 4Q17 results season are high after Singapore’s 4Q GDP flash estimates rose at a seasonally adjusted annualised rate of 2.8% q-o-q to beat consensus estimates.
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