Monday, July 5, 2010

Genting, Genting M'sia share price down in early trade

KUALA LUMPUR: The share prices of GENTING BHD [] and Genting Malaysia Bhd fell on Monday, July 5, on the back of the latter's proposal to acquire Genting Singapore's under-performing UK operations, which analysts said was at the higher-end of peers' valuation.

At 9.15am, Genting lost eight sen to RM7.17, while Genting Malaysia shed three sen to RM2.59.

Genting Malaysia was also among the most actively traded stocks with 1.11 million shares done.


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