Impact To Genting Malaysia

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Genting Malaysia  Hold (Share price:  RM3.75 Target price:  RM3.72) Acquiring two companies from GENS Business rationalisation.  We do not expect  Genting Malaysia’s (GENM) proposal  to acquire  two  companies from subsidiaries of its sister company, Genting Singapore (GENS SP; Buy; TP: SGD2.06) for RM50m  to negatively impact its share price  being a business rationalisation decision.
Bursa Malaysia Stock Market Analysis Digest

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