News: Genting Singapore PLC (GENS.SI)
Thu, Nov 12 2015
SINGAPORE, Nov 12 Casino operator Genting Singapore PLC said net profit fell 47 percent in the third quarter, hurt by lower VIP premium gaming volumes and fair-value losses from portfolio investments.
SINGAPORE, Aug 13 Casino operator Genting Singapore Plc's quarterly core profit fell 6 percent, the fourth straight decline, due to slowing gaming revenue and fair value loss related to investment in the gaming industry.
(The following statement was released by the rating agency) SINGAPORE, July 02 (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 the Long-Term Foreign and Local Currency IDRs on Genting's 52%-owned subsidiary, Genting Singapore PLC (GENS), at 'A-' and its SGD 2.31bn perpetual capital securities at 'BBB'. The Outlooks for Genting a