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GEN Singapore faulty vote on chairman incentive award

GEN Singapore faulty vote on chairman incentive award

Apr 16, 2021 Latest News, Singapore, Top of the deck  

Genting Singapore Ltd said on Thursday that a previous resolution to make a performance-related share award to its executive chairman Lim Kok Thay, involved incorrect procedure, as another firm...
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GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

GEN Sing 2022 EBITDA to be below 2019 levels: Moody’s

Apr 09, 2021 Latest News, Singapore, Top of the deck  

Earnings before interest, taxation, depreciation and amortisation (EBITDA) at casino operator Genting Singapore Ltd are likely to remain below 2019 levels this year and in 2022. That is according to...
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Nascent gaming recovery, challenges remain: Genting boss

Nascent gaming recovery, challenges remain: Genting boss

Apr 07, 2021 Latest News, Rest of Asia, Singapore, Top of the deck  

The chairman and chief executive of Malaysian conglomerate Genting Bhd, Lim Kok Thay (pictured), says there are signs of “nascent recovery” in gaming across Asia. The veteran tycoon however...
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LVS assessing AML controls at Marina Bay Sands: report

LVS assessing AML controls at Marina Bay Sands: report

Mar 29, 2021 Latest News, Singapore, Top of the deck  

Casino operator Las Vegas Sands Corp (LVS) is said to have set up a special committee to assess potential breaches of anti-money laundering (AML) procedures at its Singapore property, Marina...
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Lim Kok Thay 2020 pay halved GEN Singapore tells bourse

Lim Kok Thay 2020 pay halved GEN Singapore tells bourse

Mar 26, 2021 Latest News, Singapore, Top of the deck  

Genting Singapore Ltd, the promoter of Singapore’s Resorts World Sentosa casino complex, says the company’s executive chairman, Lim Kok Thay, received less than SGD5 million (US$3.7...
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Lim Kok Thay GEN Singapore pay doubled in 2020

Lim Kok Thay GEN Singapore pay doubled in 2020

Mar 24, 2021 Latest News, Singapore, Top of the deck  

Lim Kok Thay (pictured), executive chairman of casino developer Genting Singapore Ltd, saw his annual renumeration more than double in 2020, despite the negative impact on the firm’s business...
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Singapore seeks bilateral easing of travel ties, says govt

Singapore seeks bilateral easing of travel ties, says govt

Mar 15, 2021 Latest News, Singapore, Top of the deck  

Casino jurisdiction Singapore confirmed on Sunday it was in talks with regional neighbour Australia about joint easing of Covid-19 -related travel restrictions. The city-state said it was discussing...
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Minimum US$1.5bln loss for 2020: Genting Hong Kong

Minimum US$1.5bln loss for 2020: Genting Hong Kong

Mar 15, 2021 Latest News, Rest of Asia, Singapore, Top of the deck, World  

Casino cruise ship operator Genting Hong Kong Ltd expects an unaudited loss of at least US$1.5 billion for the year to December 31, compared to a US$159-million loss a year earlier, it said in a...
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LVS to invest more in Singapore after Vegas sale: Dumont

LVS to invest more in Singapore after Vegas sale: Dumont

Mar 12, 2021 Latest News, Macau, Singapore, Top of the deck  

Casino group Las Vegas Sands Corp will be “investing more” in Singapore at this stage, following the sale of the group’s Las Vegas, Nevada assets. So said Patrick Dumont, president...
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Fitch says LVS Nevada sale a negative, Moody’s keener

Fitch says LVS Nevada sale a negative, Moody’s keener

Mar 05, 2021 Latest News, Macau, Singapore, Top of the deck, World  

Despite United States-based casino group Las Vegas Sands Corp (LVS) being in line to generate US$6.25 billion from the sale of its Las Vegas, Nevada assets, Fitch Ratings Inc said in a Thursday memo...
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