Tuesday 19 Mar 2024
By
main news image

KUALA LUMPUR (Oct 21): Genting Malaysia is on track to launch its outdoor theme park in 3Q next year, which Hong Leong Investment Bank views favorably, raising its 2021 earnings forecast by 6.2%. 

But Hong Leong maintains hold on the Malaysian casino operator with an unchanged target price of RM3.38, citin guncertainties of the turnaround plans for the loss-making U.S. entertainment group Empire Resources which Genting Malaysia had acquired, which will weigh on its earnings beginning next year.

      Print
      Text Size
      Share