LATEST NEWS   Body cameras will be rolled out in phases for Federal Territories' local authority enforcement personnel, starting fourth quarter this year - Hannah | MACC will investigate any case if there are new leads, even if it was previously classified as 'no further action' - Azam Baki | MACC's job is to recover misappropriated public funds, MOF determines how the money is redistributed - Azam Baki | Companies must actively manage currency risks through appropriate hedging and business strategies -- Johari Ghani | Development of National Halal Policy enters final phase, expected to be completed in May – DPM Fadillah | 
BUSINESS • 10/11/2025 08:13 PM

Genting Issues RM900 Mln Bonds To Fund Genting Malaysia Buyout

KUALA LUMPUR, Nov 10 (Bernama) -- Genting Bhd has raised RM900 million through medium-term notes (MTNs) to partly fund its acquisition of the remaining shares in Genting Malaysia Bhd.

In a filing to Bursa Malaysia on Monday, the company said the MTNs have a one-year tenure and carry an interest rate of one-month KLIBOR plus 1.80 per cent per annum.

In October 2025, Genting announced a conditional voluntary offer to acquire the remaining shares in its subsidiary that it does not already own.

-- BERNAMA

More News

Categories

Tags