Genting Singapore Ltd (GENS.SI)
19 Jul 2019
SINGAPORE Genting Singapore Ltd's shares plunged to a three-month low on Thursday, after the casino operator unveiled a S$4.5 billion ($3.3 billion) expansion plan and the government said it would hike casino entry prices and taxes.
* Genting shares drop over 8 pct to 3-month low (Adds details, analyst comment updates share movement)
SINGAPORE, April 4 Genting Singapore Ltd shares fell more than 7 percent on Thursday, a day after the casino operator announced a S$4.5 billion ($3.3 billion) investment to expand its resort in the city-state and the government increased entry levies.