Genting Plans MYR1.25 Billion Rights Issue to Repay Loans
Genting plans to raise about 1.25 billion ringgit through a renounceable rights issue to repay loans and fund working capital. The company said it intends to allocate 800 million ringgit to repay loans.
The company said in a bourse filing late Friday that it intends to allocate 800 million ringgit to re…