Genting Singapore converts bought shares to treasury ones
Genting Singapore Plc, developer and operator of the Resorts World Sentosa casino resort (pictured) in Singapore, said in a filing on Wednesday that 18,648,200 shares in the company it had bought back from the market on various dates between June 2 and June 16, have been transferred to the company.
The shares have been held as treasury shares since Wednesday, the firm said in a filing to the Singapore Exchange.
It added the exercises did not equate to share buy backs as defined by the Isle of Man Companies Act 2006.
Genting Singapore’s shares closed up 0.56 percent at SGD0.905 (US$0.663) by the end of Wednesday trading in Singapore.
Latest News
The stock prices of Hong Kong-listed firms directly linked to Macau casino operations rose in Monday trading, following the Saturday announcement that the six incumbent licensees had each been...
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Genting misses Macau licence, six incumbents carry on November 25, 2022 
Macau existing ops welcome new licences, contracts next November 26, 2022 
Macau casino tender commission to host Saturday press conf November 25, 2022 
Resort land rights played against Genting Macau bid: Green November 28, 2022 
Wynn Macau Ltd to inject US$596mln into Macau unit November 28, 2022