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News 2026-10-12 03:14 UTC

Genting Shares Tumble Most Since 1998 on Rights Issue Plan

Genting Bhd. shares plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit ($306 million) through a renounceable rights issue.