Genting Malaysia

Genting Bhd makes big turnaround to post RM929.20mil net profit in FY23

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[ KUALA LUMPUR: Genting Bhd registered a net profit of RM929.20 million in the financial year ended Dec 31, 2023 (FY2023) compared to a net loss of RM299.90 million a year ago. Its revenue jumped to RM27.12 billion from RM22.38 billion, boosted by the leisure and hospitality businesses in the United States, Bahamas, United Kingdom … Read more

Genting Malaysia plans US$100mil equity injection into Empire Resorts

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[ PETALING JAYA: Genting Malaysia Bhd will be injecting up to US$100mil into Empire Resorts Inc via its subsidiary, Genting ER II LLC (GERL). In a filing with Bursa Malaysia, the company said the proposed injection involves subscribing to US$100mil worth of Series M Preferred Stock of Empire by Genting Malaysia’s subsidiary. Empire Resorts, a … Read more