Marina Bay Sands (MBS)

Company in the news

Marina Bay Sands taps banks for record $12 bil loan

The financing is being syndicated to the broader market, and pays an interest income of around 120 basis points a year. The borrowing will be split into three tranches.

Company in the news

Marina Bay Sands eyes Singapore’s largest loan of $12 bil

The loan will be used to refinance an existing $4 billion seven-year borrowing from August 2019. The proceeds will also help fund the proposed expansion of the company’s integrated resort.
Singapore’s last horse race: ‘It’s just the way things have to be’ - THE EDGE SINGAPORE

Singapore news

Singapore’s last horse race: ‘It’s just the way things have to be’

The crowd was mostly sparse showing at the Singapore Turf Club on Sept 21, two weeks before the final race that took place on Oct 5.
UOB FinLab launches GreenTech Accelerator 2024, addressing sustainability challenges - THE EDGE SINGAPORE

Sustainability

UOB FinLab launches GreenTech Accelerator 2024, addressing sustainability challenges

GreenTech Accelerator 2024 marks the second run of the programme, built on the back of its inaugural run in 2022.

Singapore news

DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024

This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.

Broker's Calls

UOBKH and Citi are upbeat on the gaming sector following record high earnings from tourism and concerts

UOBKH has a “buy” call on Genting Singapore, while Citi has a “buy” on Las Vegas Sands.

Dine in

Elevated classics

Celebrity chef Daniel Boulud discusses his latest concept, Maison Boulud Singapore, a soulful reinterpretation of French classics

Company in the news

Marina Bay Sands said to seek up to $10 bil loan for growth

Las Vegas Sands denied the report.
Lady luck shall return, analysts keep 'buy' on Genting Singapore - THE EDGE SINGAPORE

Broker's Calls

Lady luck shall return, analysts keep 'buy' on Genting Singapore

UOBKH analyst believes Genting Singapore would deliver sequentially higher earnings q-o-q compared to MBS in 3QFY2023.
Analysts up Genting Singapore's target price following MBS's 1QFY2023 outperformance - THE EDGE SINGAPORE

Broker's Calls

Analysts up Genting Singapore's target price following MBS's 1QFY2023 outperformance

Genting Singapore's FY2022 net profit was up 85%. It is expected to report its 1QFY2023 figures in mid-May.
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