
GEN Bhd downgraded by Maybank as casino group flags US$306mln rights issuance
Global casino operator and plantations business Malaysia’s Genting Bhd is proposing a renounceable rights issue of new ordinary shares in the group to raise gross proceeds of approximately MYR1.25 billion (US$306.1 million), according to a Friday filing to Bursa Malaysia. The group said the issue p…















