Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
42b debt, 22b cash, now need pay 6.7b to privatise. Genting probably facing cash flow later. Their bond rate is 6% above, if pay dividen just 4% max, don't know why they want privatise. Though genm is good business but the cash flow really become problem later, considering their bond rate is higher than dividen paid to shareholder. GenM shareholder untung, totally bailed out of this sinking ship (if buy cheaper than RM2.35)
