KUALA LUMPUR: Shares of Genting Malaysia Bhd (GenM) and GENTING BHD [] advanced on Wednesday, Dec 22 after the former said it was exploring opportunities in Vietnam.
At 11am, GenM added three sen to RM3.32 while Genting jumped 24 sen to RM10.70.
GenM in a announcement to Bursa Malaysia on Tuesday said it had been collaborating with a partner for the purpose of exploring opportunities in Vietnam in the leisure, hospitality and entertainment sector.
The announcement was in response to a verbal query from Bursa Malaysia following a story in The Edge weekly on Dec 20, on a joint venture between the Genting group and a Vietnam fund manager Vina Capital obtaining approval for a US$4 billion (RM12.5 billion) casino resort project in Vietnam's Hoi An city.
At 11am, GenM added three sen to RM3.32 while Genting jumped 24 sen to RM10.70.
GenM in a announcement to Bursa Malaysia on Tuesday said it had been collaborating with a partner for the purpose of exploring opportunities in Vietnam in the leisure, hospitality and entertainment sector.
The announcement was in response to a verbal query from Bursa Malaysia following a story in The Edge weekly on Dec 20, on a joint venture between the Genting group and a Vietnam fund manager Vina Capital obtaining approval for a US$4 billion (RM12.5 billion) casino resort project in Vietnam's Hoi An city.
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