KUALA LUMPUR: News that Genting Highland may close its outdoor theme park for two years for a major refurbishment from Sept 1 this year should not have any adverse effect on Genting Malaysia’s performance, Hong Leong Investment Bank Research said.
The news is not unexpected as it comes on the back of the closure of two rides in the park on July 1, it said. And, moreover, it meshes with Genting Malaysia’s announcement early in June that it was planning a RM3bil facelift for the casino resort.
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