• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

GEN Singapore completes issuance of yen bonds

Oct 25, 2017 Newsdesk Japan, Latest News, Top of the deck  


GEN Singapore completes issuance of yen bonds

Singapore casino operator Genting Singapore Plc announced on Tuesday that it had completed that day the issuance of publicly-offered Japanese yen-denominated bonds.

The firm was seeking to raise a total principal amount of JPY20 billion (US$177 million) via the new bonds, “for working capital and general corporate purposes in Japan”.

Genting Singapore – a unit of conglomerate Genting Bhd, founded by Malaysia’s entrepreneurial dynasty the Lim family – has previously expressed interest in investing in a casino resort in Japan once all related legislation is in place there. On September 20, the company announced it had established a branch office in the Japanese capital, Tokyo.

Genting Singapore issued the bonds in Japan via its local subsidiary. “The proceeds of the bonds will be utilised by the Japan branch as necessary from time to time for working capital and general corporate purposes in Japan,” the company said in previous filings to the Singapore Exchange.

In 2014, Genting Singapore set up a string of subsidiaries in Japan. They included Resorts World Japan Co Ltd, Resorts World Tokyo Co Ltd and Resorts World Osaka Co Ltd; firms to “be principally engaged in investment holding, leisure and related businesses”, the company said at the time.


  • tweet
Related articles
  • Japan govt delays IR decision due to local elections: report
    Japan govt delays IR decision due to...

    Mar 30, 2023  

  • GEN Singapore boss flags uneven recovery pace in 2023
    GEN Singapore boss flags uneven...

    Mar 28, 2023  

More news
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govt
    Macau March GGR up 247pct y-o-y, to...

    Apr 01, 2023  

  • Some Macau hotels say no rooms vacant 3 days of Easter
    Some Macau hotels say no rooms vacant 3...

    Mar 31, 2023  


Latest News

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Apr 01, 2023  

Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Read More
Some Macau hotels say no rooms vacant 3 days of Easter

Some Macau hotels say no rooms vacant 3 days of Easter

Mar 31, 2023  

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Mar 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Some Macau hotels say no rooms vacant 3 days of EasterSome Macau hotels say no rooms vacant 3 days of Easter March 31, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
  • Sands China ups ties to China showbiz giant Star CMSands China ups ties to China showbiz giant Star CM March 29, 2023
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’sMacau 2023 GGR at 45pct of pre-Covid level: Moody’s March 31, 2023
  • Macau got 16k mainland package tourists in Feb reopeningMacau got 16k mainland package tourists in Feb reopening March 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us