Genting Bhd’s Takeover of Genting Malaysia Set to Proceed
Genting Bhd, a prominent Malaysian conglomerate, has confirmed that its voluntary takeover offer for its subsidiary, Genting Malaysia, will proceed after successfully increasing its stake beyond the 50% threshold. Following an initial offer in mid-October, Genting Bhd raised its shareholding from 49.36% to 50.11%, thus meeting the key condition for the takeover to advance. Genting Bhd’s […]
Genting Bhd, a prominent Malaysian conglomerate, has confirmed that its voluntary takeover offer for its subsidiary, Genting Malaysia, will proceed after successfully increasing its stake beyond the 50% threshold. Following an initial offer in mid-October, Genting Bhd raised its shareholding from 49.36% to 50.11%, thus meeting the key condition for the takeover to advance. Genting Bhd’s […]
