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Genting Bhd. plans 1.25 billion ringgit rights issue

Updated

Summary

Genting Bhd. announced plans to raise about 1.25 billion ringgit ($306 million) through a renounceable rights issue.

Why it matters

Genting Bhd. shares plunged by the most in 28 years.

Editorially reviewed context with at least a 15-minute delay. Market information, not investment advice.

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