$

GENT

GENTING BHD
GENT.KL
Last Price
6.38
08:59 GMT / 21 MAY 2019
Value Change [%]
-0.12
[(-1.85%)]
Volume
3,221,600
Open
6.47
Day's High
6.48
Year's High
8.79
Previous Close
6.50
Day's Low
6.38
Year's Low
5.85
Earnings Per Share
0.36
P/E Ratio
18.26
Lot Size
100
Div. Yield (%)
2.23
Dividend
0.15
Div. Pay Date
25 JUL 2019
Ex-Div. Date
27 JUN 2019
Last Trade
6.38
Last Trade Time (GMT)
08:59
Last Trade 2
6.38
Last Trade 3
6.38
Volume
3,221,600
Turnover
20,714,382
Bid
6.38
Bid Size
48,200
Ask
6.40
Ask Size
1,000
Close Bid
6.38
Close Ask
6.40
aseanexchanges
@aseanexchanges
20
Jun
SET Ind Semi-Annual Review: 4 additions to SET50 index, 9 additions to SET100 index and 8 additions to SETHD index https://t.co/jMFjlIyZDH
14
Jun
.@BursaMalaysiaKL adds 5 more PLCs to FTSE4Good Bursa Malaysia Index https://t.co/h3outGOt2V @BursaMKTPLC #beBursa #beSustainable
19
May
Global Fund Managers Show Keen Interest In Malaysia's Stock Market https://t.co/lwwL43HxAp
18
May
Thai Bourse Promotes Financial Discipline Toward Sustainability And Stability https://t.co/v78jUhAeOJ
28
Apr
SGX And REITAS Launch First Ever REITs Race https://t.co/2ElS4lImds
28
Apr
Vietnam Climate Finance Capacity Building Project https://t.co/G6z4P39mk5
18
Apr
Bursa Malaysia hosts Exchanges and CCP leaders for the 33rd WFE-IOMA Annual Derivatives & Clearing Conference https://t.co/Rev61DFzUq
14
Apr
ASEAN Exchanges Rollout FTSE4Good ASEAN 5 ESG Index https://t.co/AfO1UkAoAo
18
Mar
Thai Bourse’s Listed Firms Mark 2015 Dividend Payment Record High https://t.co/oVOUHDvqGY
18
Mar
SGX Plans To List Contracts On MSCI China Free Index SM https://t.co/2zMMdymcSi
18
Mar
NSE And SGX To Launch The World’s First Offshore Indian Sector Futures https://t.co/tO5FBON3AK
17
Mar
Thai Bourse Market Report For February 2016 http://bit.ly/1TPMi0z
03
Mar
Thai Bourse's Charity Mini Marathon "SET Bull Run" Successfully Attracts Over 3,300 Runners http://bit.ly/1WVQMk2
03
Mar
POC2016: 27th Global Palm And Lauric Oils Conference In Kuala Lumpur://aseanexchanges.com/MediaCentre/552
16
Feb
RT @adbpublications: Mobility of skilled workers key to @ASEAN Economic Community success. #AEC https://t.co/27hFQwOtby https://t.co/uVNzcm…
12
Feb
SGX reports market statistics for January 2016 http://bit.ly/1o4VvUP
12
Feb
Thai bourse market report for January 2016 http://bit.ly/1SLb2qk
28
Jan
Successful launch of SGX SLInG LNG Derivatives https://t.co/1aorH3pFcB
27
Jan
Thai Bourse and SEC to launch 'Digital IPO', one-stop digital listing service https://t.co/I0HVZkz3co
26
Jan
SGX reports 2Q performance with net profit of $84 million https://t.co/LLx0oeW3TD

Genting Berhad is an investment holding and management company. The Company operates in five segments: Leisure & Hospitality segment includes the hotel, gaming and entertainment businesses, tours & travel related services and other support services. Power division is involved in the generation and supply of electric power. Plantation segments is involved mainly in oil palm plantations, palm oil milling and related activities. Oil & Gas division is involved in oil & gas exploration and development. Property segment is involved in property development activities. On April 20, 2012, it incorporated Genting Capital Berhad as its wholly owned subsidiary in Malaysia. On April 24, 2012, it announced that its indirect wholly owned subsidiary, Lestari Listrik Pte Ltd, incorporated PT. Lestari Banten Energi (PTLBE) as its 95%-owned subsidiary. On July 18, 2011, the Company dissolved its 97.7% owned subsidiary.

  • Market News
30 April 2019 - reuters.com
17 April 2019 - reuters.com
3 April 2019 - reuters.com
2 April 2019 - reuters.com
1 April 2019 - reuters.com
12 March 2019 - reuters.com
4 March 2019 - reuters.com
BREAKINGVIEWS-Casino mogul's Cambodia cash hedges investors’ bet
7 May 2019
source: reuters.com
 (The author is a Reuters Breakingviews columnist.  The opinions
expressed are her own.)
    By Katrina Hamlin
    HONG KONG, May 7 (Reuters Breakingviews) - NagaCorp’s
 3918.HK  founder is giving investors a $1.8 billion confidence
boost. Chen Lip Keong, also the company’s chief executive, has
pledged to cover more than half of the cost of building Asia’s
largest gambling resort, in the Cambodian capital Phnom Penh.
The group faces more competition, and both Cambodia and the
gambling industry depend heavily on China. But investors can
find reassurance in the personal punt.
    Since the $5 billion company first outlined the expansion in
April, shares have fallen by roughly 14 percent. Naysayers
question whether Chen can fill the $3.5 billion-something
project’s cavernous gaming halls and more than 4,000 hotel
rooms, on top of an existing, sprawling casino-resort in the
Southeast Asian country.
    There are plenty of risks. For one, China has dominated
investment into Cambodia, bringing expatriate workers and
tourists. Links with Beijing have been strong under Cambodian
Prime Minister Hun Sen, and the two sides announced a handful of
deals including military aid late last month. But any economic
wobbles across the border could be a headache, for visitors and
for Naga. Hun Sen’s dismal human rights record, moreover, hardly
guarantees stability.
    There are also more rivals for gamblers’ cash. Local
contenders are ambitious. Meanwhile, experienced operators like
Las Vegas Sands  LVS.N  and Genting are flourishing outside
Macau - in Singapore, Philippines and Vietnam – drawing big
spenders.
    Chen still has a good hand. For one, he was first in a prime
spot. The Malaysia-born boss has navigated an era of
extraordinary change in Cambodia, and NagaCorp has grown
steadily over two decades. He has some support from the
government, visible in a concession that runs until 2065, and a
monopoly in the Phnom Penh area until 2035. Chen hedges his
China bet by cultivating a Southeast Asian clientele too.
    Naga, with negligible debt, could arguably have raised
capital on the market. But its risky profile does mean high
costs. Chen, who already holds a 66 percent stake, converts his
contribution into shares at the end of the six-year construction
period at a not unreasonable HK$12 a piece, roughly a fifth
above the current price. Importantly, he takes on the risk of
delay and collapse too. It’s a hefty show of support.
    On Twitter https://twitter.com/KatrinaHamlin

    CONTEXT NEWS
    - Cambodia-focused casino operator NagaCorp plans to expand
its facilities in the capital Phnom Penh with a new casino-hotel
complex, the company announced in a filing to the Hong Kong
Stock Exchange on April 3.
    - The development is expected to cost around $3.5 billion,
according to a second filing on April 14. The company will use
its own funds to pay half the costs, while its controlling
shareholder – founder and Chief Executive Chen Lip Keong – will
contribute the rest, the statement says. Chen will also cover
any cost overruns.
    - As of May 7, shares had fallen by just under 14 percent
from their close on April 2, a day before the company outlined
the plan, to HK$9.73.
    - The company says it will release further details of the
project on or around May 8, following a regulatory request.
    - For previous columns by the author, Reuters customers can
click on  HAMLIN/  
    - SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS: http://bit.ly/BVsubscribe

    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
April 14 filing      http://www3.hkexnews.hk/listedco/listconews/SEHK/2019/0414/LTN20190414021.pdf
BREAKINGVIEWS - Cambodia’s casino king faces new poker hands   
 urn:newsml:reuters.com:*:nL3N20L20X
Cambodian PM says China ready to help if EU imposes sanctions   
 urn:newsml:reuters.com:*:nL3N22B1F2
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Editing by Clara Ferreira Marques and Sharon Lam)
 ((katrina.hamlin@thomsonreuters.com; Reuters Messaging:
katrina.hamlin.thomsonreuters.com@reuters.net))
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