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United States

Genting Malaysia Bhd (GENM.KL)

GENM.KL on Kuala Lumpur Stock Exchange

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4:59am EDT
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Latest Key Developments (Source: Significant Developments)

Genting Malaysia posts qtrly net profit 1.69 billion rgt
Thursday, 23 Feb 2017 06:40am EST 

Genting Malaysia Bhd : Qtrly net profit 1.69 billion rgt . Qtrly revenue 2.28 billion rgt . Recommends dividend of 13.50 sens per share . Year-Ago qtrly net profit 338.6 million rgt, revenue 2.29 billion rgt . "The group remains cautious on the near term outlook of the leisure and hospitality industry, but continues to be positive on the long term" . Special single-tier dividend of 7.3 sen per ordinary share . "The outlook for the regional and domestic tourism is expected to remain positive in 2017" . "The global economy is expected to improve in 2017 but at an uneven pace across major economies" Source (http://bit.ly/2ltFf1N) Further company coverage: [GENM.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Genting Malaysia updates on a disposal by unit to Golden Hope
Friday, 30 Sep 2016 09:02am EDT 

Genting Malaysia Bhd : RWL entered into a share sale agreement with GHL in relation to the disposal . Announcement refers to disposal by Resorts World ,a unit of co, of the entire 1.43 billion GENHK shares, to Golden Hope Limited .Deal for a total cash consideration of us$415.0 million.  Full Article

Genting Malaysia says qtrly net profit 476.4 million RGT
Thursday, 25 Aug 2016 07:05am EDT 

Genting Malaysia Bhd : Qtrly net profit 476.4 million rgt versus 230.9 million rgt; qtrly revenue 2.23 billion rgt versus 1.98 billion rgt . No dividend has been paid for the six months ended 30 June 2016 . Global economy is expected to remain challenging" . International tourism outlook is expected to remain positive" . Remains cautious on the near term outlook of the leisure and hospitality industry, but is "positive" on the longer term outlook .  Full Article

Genting Malaysia Bhd posts quarterly net profit of 161.6 mln rgt Vs 362.1 mln rgt last year
Tuesday, 24 May 2016 07:01am EDT 

Genting Malaysia Bhd : Qtrly net profit 161.6 million rgt versus 362.1 million rgt last year; qtrly revenue 2.21 billion rgt versus 2.09 billion rgt .  Full Article

Genting Malaysia Bhd says Nedby Limited entered into a conditional sale and purchase agreement
Wednesday, 30 Sep 2015 08:00pm EDT 

Genting Malaysia Bhd:Nedby limited entered into a conditional sale and purchase agreement with RWI International Investments.Proposed acquisition of Genting Alderney Limited for a total cash consideration of GBP7.2 million.It is intended for the purchase consideration to be financed using internally-generated funds of Genm.  Full Article

Genting Malaysia Bhd's Genting (USA) Ltd's indirect subsidiary incorporates GAHL
Wednesday, 5 Aug 2015 08:00pm EDT 

Genting Malaysia Bhd:Says an indirect subsidiary, Genting (USA) Ltd incorporated a subsidiary, Genting Americas Holdings Ltd (GAHL).GAHL was incorporated in the United Kingdom with an issued and paid-up share capital of 100 Pounds comprising 100 ordinary shares of 1Pounds each for the purpose of investment holding.Subsequent to the New Incorporation, GAHL will acquire the entire equity interest comprising 10 units of $1 each in VendWorld LLC from Genting Americas Inc, another indirect subsidiary, for a cash consideration of $10.  Full Article

Genting Malaysia Bhd announces striking off of subsidiaries
Wednesday, 8 Jul 2015 08:00pm EDT 

Genting Malaysia Bhd:Says striking off of indirect wholly-owned dormant subsidiaries incorporated in the United Kingdom.Subsidiaries include: Capital Clubs Limited, TV-AM Enterprises Limited, TV-AM Limited, Dealduo Limited, Metro Leisure Group Limited and Sportcrest Limited.  Full Article

Genting Malaysia Bhd announces member's voluntary winding-up of two dormant indirect wholly-owned subsidiaries of company
Tuesday, 19 May 2015 08:00pm EDT 

Genting Malaysia Bhd:Says two (2) dormant indirect wholly-owned subsidiaries of company been placed under member's voluntary winding-up on May 19.Resorts World Enterprise Ltd and Resorts World Ventures Ltd are the two dormant indirect wholly-owned subsidiaries.  Full Article

Genting Malaysia Bhd declares final single-tier dividend
Wednesday, 6 May 2015 08:00pm EDT 

Genting Malaysia Bhd:Declares final single-tier dividend of 3.5 sen per ordinary share of 10 sen each.EX-date June 26.Entitlement date June 30.Payment date July 23.  Full Article

Genting Malaysia Bhd announces re-organisation of indirect wholly-owned subsidiaries in United Kingdom
Monday, 13 Apr 2015 08:00pm EDT 

Genting Malaysia Bhd:Says transfer of entire equity interest comprising 100 ordinary shares of £1 each in Langway Limited by Pellanfayre Ltd to its immediate holding company, Genting Casinos UK Ltd (GCUK), at consideration of 1 Pound.Says transfer of entire equity interest comprising 5,000 Ordinary A shares of £1 each and 50 Ordinary B shares of 1 Pound each in The Kings Casino (Yarmouth) Ltd (TKCY) by Incomeactual Ltd to its immediate holding company, GCUK, at consideration of 30,956.44 Pound and 309.56 Pound respectively.Says transfer of entire equity interest comprising 100 ordinary shares of 1 Pound each in Stanley Snooker Clubs Ltd by TKCY to its intermediate holding company, GCUK, at consideration of 1 Pound.  Full Article

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BRIEF-Genting Malaysia posts qtrly net profit 1.69 billion rgt

* Year-Ago qtrly net profit 338.6 million rgt, revenue 2.29 billion rgt