Resort's loss is RM 388.8 million!
Genting Malaysia, Resorts World
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 Feb 26 2009, 01:17 AM
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Mar 7 2009, 09:47 PM
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QUOTE(lowyat888 @ Mar 4 2009, 12:46 PM) casino in sentosa will not be a catapult for resort/genting share, dont be surprise bcos opening of the casino have not earn $$ yet for the casino and the group and to recover back the initial capital is still along way more. Actually, Resorts does not have any stake in the Sentosa resort. So the success or failure of the resort in Singapore is unlikely to impact Resorts' earnings. must take into the pros and cons of the factor and the economic crisis  The Sentosa resort is held by Genting (via Genting Intl), not Resorts. If i remember correctly, Resorts no longer has an exposure to Singapore after Star Cruises withdrew from the Singapore resort: http://www.channelnewsasia.com/stories/sin.../262160/1/.html This post has been edited by gilabola: Mar 7 2009, 10:13 PM |
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