News: Genting Singapore PLC (GENS.SI)
25 Jul 2014
Fri, Jun 20 2014
(The following statement was released by the rating agency) SINGAPORE, June 20 (Fitch) Fitch Ratings has affirmed Malaysia-based gaming conglomerate Genting Berhad's (Genting) Long-Term Foreign Currency Issuer Default Rating (IDR) and senior unsecured rating at 'A-'. Fitch has also affirmed Genting's 52%-owned subsidiary, Genting Singapore PLC's (GENS) Long-Term Foreign and Local Currency IDRs at 'A-' and its SGD perpetual capital securities at 'BBB'. The Outlooks for Genting and GENS are S
Genting Singapore's plans to build a casino in South Korea have been stalled.
SINGAPORE, May 6 - Genting Singapore PLC shares outperformed a nearly flat Singapore market on Tuesday, hitting their highest level in almost two weeks, after posting first-quarter earnings above market estimates.
SINGAPORE, May 5 - Genting Singapore PLC said on Monday its core earnings for the quarter ended March 31 soared 60 percent on the year as gaming income recorded robust gains.
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* Genting Singapore, Paradise also planning casino complexes
(The following statement was released by the rating agency) SINGAPORE, February 25 (Fitch) Fitch Ratings says that Genting Singapore Plc's (GENS; A-/Stable) proposed joint development of an integrated resort (IR) at Jeju in South Korea will moderately diversify its geographic footprint. Fitch estimates that the proposed Jeju IR will account for about 10% of GENS' total assets on a pro forma basis on completion of the project in 2017-2018 and will reduce GENS' single property concentration a
SINGAPORE, Feb 21 - Genting Singapore PLC was headed for its biggest daily decline in nearly 10 months after reporting lacklustre results, while Singapore shares rode on Asia's optimism to a second week of straight gains.
BANGKOK, Feb 10 - Singapore stocks pared losses to rise on Monday as active buying in midcaps such as Genting Singapore outweighed concerns about a proposed reform of market rules, while Thai shares retreated as protests by rice farmers added to the political uncertainty. Singapore's main index ended up 0.1 percent at 3,017.20, bouncing off the day's low of 3,003.48. Genting Singapore rose 1.8 percent and was the top percentage gainer, buoyed by a brokerage upgrade and its plan to
* Genting Singapore, Landing International to develop $2.2 bln South Korea casino resort