Genting M'sia defends Empire stake buy, says it’s 'worthwhile investment'

Sunday, 18 August 2019
Genting M'sia defends Empire stake buy, says it’s 'worthwhile investment' | Large Mr
KUALA LUMPUR (Aug 15): Genting Malaysia Bhd (GenM) says its RM538 million related party transaction (RPT) in Empire Resorts Inc is deemed a “worthwhile investment”. GenM said this in a filing today after Bursa Malaysia asked the gaming group to confirm or deny the contents of The Edge Financial Daily’s article on the RPT, published on Tuesday. The group said Empire’s casino resort, Resorts World Catskills (RWC), located in Sullivan County, near...
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Genting,M'sia,defends,Empire,stake,buy,says,it’s,'worthwhile,investment',Sunday,18,August,2019,Large,Mr,KUALA,LUMPUR,(Aug,15):,Malaysia,Bhd,(GenM),its,RM538,million,related,party,transaction,(RPT),in,Resorts,Inc,is,deemed,“worthwhile,investment”.,GenM,said,this,filing,today,after,Bursa,asked,the,gaming,group,to,confirm,or,deny,contents,of,The,Edge,Financial,Daily’s,article,on,RPT,published,Tuesday.,