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Genting Berhad’s expansion into New York is a strategic move. A globally diversified business is less reliant on any single market, which strengthens its long-term resilience.
Looking ahead to 2028, I believe Genting’s earnings could be supported by multiple growth engines:
• Genting Singapore
• Genting New York
• Genting Bio-Chem
• Energy & Gas
• Genting Malaysia
Today, Genting New York contributes around 25% of the group’s earnings, while Genting Malaysia contributes about 35%. If New York continues to grow, the earnings mix could become much more balanced over time.