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Genting Berhad ( KLSE:GENTING ), is not the largest company out there, but it received a lot of attention from a...
Genting Singapore Limited (SGX:G13), which is in the hospitality business, and is based in Singapore, saw significant share price volatility over the past couple of months on the SGX, rising Read ...
On 10 January 2022, following a breakdown in talks between the German government and Genting Hong Kong in obtaining further financial support, MV Werften filed for insolvency, triggering the possibility of cross-defaults on up to $2.8 billion of financial arrangements for the Genting Hong Kong group and precipitating a fall in its share price ...
Concerns over the economic effects of China's Zero-COVID strategy and its regulatory crackdown on companies like Ant Group have led to a decline in Chinese stock prices. [citation needed] In June 2022, the Alibaba Group's (NYSE: BABA) share price declined from a peak of over US$300 in mid-2020 to below US$100. [15] [better source needed]
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In the third quarter of 2012, the revenues of the Genting Singapore fell almost 20% from a year earlier. [6] A company of the Genting Group, Genting Singapore PLC was named Asiamoney’s Best Managed Companies 2010 (Large-Cap Corporate of the Year in Singapore). [7] It continues to assess strategic acquisitions, investments and collaborations.
But when the share price dropped to $7.80, the value of a receipt became negative: a receipt obligated its holder to make an $8 payment for a share worth less than $8. As a result, the receipts traded at negative values ranging from − $0.15 to − $0.40, and their trading was suspended on the Toronto Stock Exchange .
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