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Genting Singapore PLC (GENS.SI)

GENS.SI on Stock Exchange of Singapore

0.96SGD
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Genting Singapore posts second quarter net profit S$18.9 million
Thursday, 4 Aug 2016 05:13am EDT 

Genting Singapore PLC : Second quarter and/ or half yearly results) . Q2 net profit S$18.9 million versus S$12.5 million . Q2 revenue S$480.9 million versus S$578.1 million . No dividend has been declared for the quarter ended 30 June 2016 . Regional economic environment continues to be uncertain . Continue to exercise caution with our VIP gaming business . Regional premium mass and mass market remains steady . Implemented several cost efficiency initiatives where there were once off costs impacting this quarter's results . Confident that cost efficiency initiatives will improve earnings in the following quarters" .  Full Article

Genting Singapore updates on investment in associated company
Monday, 20 Jun 2016 05:57am EDT 

Genting Singapore PLC : Increase in investment in an associated company . Happy Bay subscribed for an additional 15 million shares of KRW10,000 each in Landing Jeju Development Co . Additional equity investment not expected to have any material impact on the consolidated nta and EPS of co for FY ending 31 dec2016 . Total subscription amount of approximately s$176.7 million .  Full Article

Genting Singapore says qtrly net profit attributable S$10.8 mln
Friday, 13 May 2016 05:10am EDT 

Genting Singapore PLC : First quarter results) . Q1 revenue s$608 million versus s$639.2 million a year ago . qtrly net profit attributable s$10.8 mln vs s$62.7 mln a year ago . Q1 adjusted EBITDA s$192.5 million versus s$228.1 million a year ago . Qtrly net profit for the financial period s$ 40.2 million versus s$91.7 million a year ago . Continue to exercise caution with our vip gaming business" . "On track for a soft opening of phase 1 of resorts world jeju in the fourth quarter of 2017" . In Jeju, South Korea, construction of integrated resort hotels, casino, retail and entertainment segments are progressing well . No dividend has been declared for the quarter ended 31 March 2016 .  Full Article

Genting Singapore Plc updates on renewal of casino licence
Monday, 1 Feb 2016 03:01am EST 

Genting Singapore Plc:Says announcement on renewal of casino licence.Says casino regulatory authority of Singapore has renewed the casino licence of resorts world at sentosa pte. lt.Says casino regulatory authority of Singapore has renewed casino licence of resorts world for another three years commencing on 6 February.  Full Article

Genting Singapore Plc announces members’ voluntary liquidation of indirect wholly-owned subsidiary
Monday, 29 Jun 2015 05:13am EDT 

Genting Singapore Plc:Announces that Palomino Sun (UK) Limited (PSUK), the Company’s indirect wholly-owned subsidiary incorporated in the United Kingdom, was placed under members’ voluntary liquidation.  Full Article

Genting Singapore Plc announces de-registration of wholly-owned subsidiary
Tuesday, 23 Jun 2015 06:32am EDT 

Genting Singapore Plc:Announces that North Spring Investments LLC (NSI), the Company’s indirect wholly-owned subsidiary incorporated in Mongolia, has applied for de-registration.The de-registration of NSI is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Company for the financial year ending Dec. 31.  Full Article

Genting Singapore Plc updates on final dividend
Monday, 20 Apr 2015 05:17am EDT 

Genting Singapore Plc:Says final dividend of S$ 0.01 per share.Payable on May 19.Record date on May 06.Ex date on May 04.  Full Article

Genting Singapore Plc proposes payment of final cash dividend
Tuesday, 24 Feb 2015 04:27am EST 

Genting Singapore Plc:Propose payment of a tax-exempt (one-tier) final cash dividend of 1 cent per ordinary share.Payment date of proposed dividend will be announced at a later date.  Full Article