Genting Malaysia expected Resorts World Genting (RWG) to record 30 million visitors annually by 2020, due to the anticipated rise in gaming capacity from the company
PETALING JAYA: Genting Bhd
is expected to stage a better financial performance next year as its 53%-owned Genting Singapore is showing signs of a strong turnaround following a series disappointing quarterly results.
According to UOB Kay Hian, Genting Singapore has seen a good share price run-up of 14% since Nov 3, following the announcement of better-than-expected third quarter results due to stabilised earnings on lower provisions and sustained cost efficiency.
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