Casino operator Genting Singapore Plc said after market close on Wednesday that it had cancelled a total of 11,989,400 company shares that it bought back in two exercises announced on March 9 and March 11.
At the close of trading on the Singapore Exchange on Wednesday, the firm’s share price had risen 1.09 percent on the day, to SGD0.930 (US$0.682) according to Bloomberg data. But the price nonetheless represented a 32 percent decline on the company’s 52-week high of SGD1.3650.
Genting Singapore, which developed and operates the Resorts World Sentosa (pictured) gaming resort in Singapore, reported net profit of SGD118.9 million for the final quarter of 2014, down by 30 percent from the prior-year period.
May 22, 2019Macau’s casino regulator, the Gaming Inspection and Coordination Bureau, has confirmed in an email to GGRAsia that it is investigating what it termed suspected promotion of “illegal online...
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"Competition is tough in Macau and is also changing. It [the local market] is susceptible to a lot of macro factors”
Daisy Ho Chiu Fung
Chairman of casino operator SJM Holdings Ltd