πŸ€‘ Genting Bhd offers deep value despite closure of casinos and hotels | The Star

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Related News. Topic: Corporate News. Trending in Business. Did you find this article insightful? Corporate News 30 May Genting rides the storm. Article type: metered. The group has stated in its latest annual report that most of its worldwide operations are temporarily closed to curb the spread of Covid However, VMY has since been cancelled in response to the Covid outbreak and this has disrupted the potential earnings for the group this year. Despite the depressed earnings outlook for the Genting group this year, experts remain bullish on the parent company. Across The Star Online.{/INSERTKEYS}{/PARAGRAPH} After all, the Malaysian operations are the single largest top line contributor for the group. Genting Bhd offers deep value despite closure of casinos and hotels. {PARAGRAPH}{INSERTKEYS}Dividend play: A fund manager says Genting Bhd is a good dividend play, with a diversified business portfolio and proven revenue stream. As the Covid situation is brought under control globally, confidence should return and Genting would be back in business as before. For context, the Genting group comprises four public companies listed on the stock exchanges of Malaysia and Singapore β€” namely Genting Bhd, Genting Malaysia, Genting Plantations and Genting Singapore.