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Genting proposes RM1.25bil rights issue to pare down debt, boost working capital

PETALING JAYA: Genting Bhd has proposed a renounceable rights issue of new ordinary shares aimed at raising gross proceeds of RM1.25bil.

The Star MalaysiaThe Star查看原文 ↗
云顶集团拟发行12.5亿令吉配股,以减少债务并增加营运资金。

PETALING JAYA: Genting Bhd has proposed a renounceable rights issue of new ordinary shares aimed at raising gross proceeds of RM1.25bil.

The corporate exercise will be conducted on a full subscription basis to strengthen the Group's capital structure and liquidity. The issue price, entitlement basis, and entitlement date have not yet been fixed.

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Genting proposes RM1.25bil rights issue to pare down debt, boost working capital

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