Asia Gaming eBrief: Genting rights plan raises further funding concerns
A cash injection can only go so far. Maybank has cut Genting Berhad from ‘Buy’ to ‘Sell’, warning that its proposed $306 million rights issue offers limited debt relief and could be followed by further equity fundraising or lower dividends. The post Asia Gaming eBrief: Genting rights plan raises fu…
A cash injection can only go so far. Maybank has cut Genting Berhad from ‘Buy’ to ‘Sell’, warning that its proposed $306 million rights issue offers limited debt relief and could be followed by further equity fundraising or lower dividends. The post Asia Gaming eBrief: Genting rights plan raises further funding concerns first appeared on Asia Gaming News | AGB - Asia Gaming Brief.