RHB maintains 'Buy' on GenM as overhang on potential tax hike lifted

KUALA LUMPUR: Genting Malaysia Bhd should be seeing improved investor sentiment as concerns over a potential gaming tax hike has been lifted following Budget 2020.

RHB research said in a note that it did not foresee any hike although concerns over the issue have been present since the unexpected steep gaming tax hike in Budget 2019.

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