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Genting Malaysia unit issues RM500mil medium-term notes

KUALA LUMPUR: Genting Malaysia Bhd’s wholly-owned unit, GENM Capital Bhd, has issued medium-term notes (MTN) via three tranches of RM500 million as part of its RM5 billion MTN programme.

Analysts: OPR likely to remain at 3 pct this year

KUCHING (May 5): After Bank Negara Malaysia’s (BNM) surprise move to increase the overnight policy rate (OPR) by 25 basis points (bps) to three per cent recently, Kenanga Investment Bank Bhd (Kenanga Research) believed the central bank might have reached its policy normalisation target for now. "

Genting Malaysia climbs 3% on Miami land disposal plan

Genting Malaysia Bhd shares rose as much as 3% or eight sen on Thursday (April 27), following its announcement of a proposed divestment of 15.47 acres (6.26 hectares) of land in Miami by its wholly-owned unit for US$1.225 billion (RM5.433 billion) cash.

Analysts cautious on Suria Capital s port ops in Sabah

KUCHING (April 14): AmInvestment Bank Bhd (AmInvestment Bank) remains cautious on the short-term outlook for Suria Capital Holdings Bhd’s (Suria Capital) port operations in Sabah as its export volume index fell 13 per cent to 149.5 points in February 2023 from 171.4 points in December 2022. Likew

Cape EMS IPO oversubscribed by 17 82 times

PETALING JAYA: Cape EMS Bhd’s initial public offering (IPO) has been oversubscribed by 17.82 times ahead of its listing on the Main Market of Bursa Malaysia on March 10.

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