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Genting to allocate RM280mil from rights issue for interest, financing costs

KUALA LUMPUR: Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group's borrowings and funding arrangements.

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云顶集团将从配股中拨出2.8亿令吉用于支付利息和融资成本。

KUALA LUMPUR: Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.

The group said in a stock filing exchange that the allocation forms part of the RM429.5 million set aside for working capital requirements.

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