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Genting Malaysia Redeems MYR1.3 Billion Bonds Before Maturity
Genting Malaysia (KLSE:GENM) unit GENM Capital redeemed 1.30 billion ringgit bonds in nominal value early from its 2.40 billion medium-term bonds, according to a Thursday Malaysian bourse filing.The
MY Morning Wrap | Genting Malaysia's Subsidiary Makes Early Redemption of RM1.3 Billion in Medium Term Notes
Stocks to watch: Genting Malaysia, QL Resources.
Pegasus Heights, Aeon Credit, Eurospan, QL Resources, Haily, Genting Malaysia, MUI Properties, PTT Synergy, Annum, Econpile
A brief recap of some business news and corporate announcements that made headlines on Wednesday.
Genting Malaysia's Subsidiary Makes Early Redemption of RM1.3b From MTNs
Genting Malaysia Bhd's (KL:GENM) said its subsidiary GENM Capital Bhd has made an early redemption of RM1.3 billion in nominal value from its RM2.4 billion medium term notes (MTN). The early redemption of RM1.3 billion comprises the second tranche of the MTN which was issued in August 2025 for a tenure of 10 years, with a coupon rate of 4.9% per annum.
Genting Bhd Nears Rating Upside Trigger
Genting Bhd (GENT) lost its long-held AAA rating at the height of the pandemic, being reduced to AA1/negative before stabilising at AA1/stable in Sep 2022 following relaxation of travel curbs.
Malaysia Closing Bell on 09 July | PBBANK Was the Top Gainer of FBM KLCI
PBBANK was the top gainer, rising 1.73 percent to close at RM 4.110. The top loser was GENTING, losing 1.93 percent to end at RM 4.570.
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