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Genting Singapore Plc Disposes Stake In Echo Entertainment Group Ltd


Wednesday, 19 Sep 2012 04:27am EDT 

Genting Singapore Plc announced that it has entered into an agreement with Citigroup Global Markets Australia Pty Limited (“Citigroup”) to dispose of the Company’s entire 4.8% shareholding in Echo Entertainment Group Limited. The shares will be sold in a block trade on the Australian Securities Exchange at a price of AUD 3.99 per share, to be fully underwritten by Citigroup. This comes after a review by the Company to rationalize its investments portfolio. 

Company Quote

1.33
-0.0050 -0.37%
25 Jul 2014