Posted by Bgt 9963 > 2021-09-08 07:46 | Report Abuse

Good morning...go genting go....

Posted by emsvsi > 2021-09-08 08:04 | Report Abuse

1971 Genting Highlands Opens
2021 50 Years of History and Growth

2009 Global Financial Crisis
2020 Covid-19 Pandemic

2009 Year of the Ox (KLCI + 44%)
2021 Year of the Ox

2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens

2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 RM ????

The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...

History always repeats itself

Posted by EatCoconutCanWin > 2021-09-08 08:07 | Report Abuse

5.88 can... Gogo huat arh

Posted by Bgt 9963 > 2021-09-08 08:11 | Report Abuse

All cylinders are firing up....

Posted by shareinvestor888 > 2021-09-08 08:17 | Report Abuse

Good morning!

Posted by KM8188 > 2021-09-08 08:40 | Report Abuse

Genting Group joins bid for digital banking licence via PUC
Adam Aziz
/
theedgemarkets.com

September 08, 2021 08:30 am +08

Genting Group joins bid for digital banking licence via PUC
-A+A
KUALA LUMPUR (Sept 8): Genting Plantations Bhd, the plantation arm of the Genting Group, is slated to become a 10% shareholder of PUC Bhd, which has recently formed a consortium to bid for a digital banking licence under Bank Negara Malaysia (BNM).

In a filing with Bursa Malaysia, PUC said that it has entered into conditional subscription agreements with three companies in relation to its proposed private placement of 375.06 million new shares at 12.5 sen per share, to raise RM46.88 million.

PUC's share price was unchanged at 16.5 sen on Tuesday, valuing the company at RM197.46 million.

The three companies that are buying the new shares are GPVF Sdn Bhd, Matrix Edge Venture Sdn Bhd (MEV), and KH Lim Capital Sdn Bhd (KHLC), the filing showed.

GPVF, which is subscribing 162.53 million shares for RM20.31 million, is a wholly-owned unit of Kenyalang Borneo Sdn Bhd — which is in turn a wholly-owned unit of Genting Plantations, according to the plantation group's annual report.

In late July, PUC announced that it had formed a consortium with Sabah and Pahang state governments to bid for one of five digital banking licences to be granted by BNM in the first quarter of next year. It is understood that both state governments will each have 20% in the consortium.

GPVF's entry into PUC is seen as a part of a plan by the Genting Group to get a piece of the action in the Malaysian digital bank space. It is believed that Genting Digital Sdn Bhd, a wholly-owned unit of Genting Malaysia Bhd, is also likely to take up a direct stake in the digital bank consortium.

MEV meanwhile is a company whose shareholders comprise Chai Hann Lin (40%), Sabah-based Borneo Armor Sdn Bhd, and Datuk Seri Adnan Wan Mamat (40%), who is also a director of a subsidiary of the Royale Pahang Durian Group.

MEV is subscribing to 125.02 million PUC shares, representing 7.69% of the company's enlarged share capital.

KHLC, whose shareholders are Datuk Anthony Lim Kim Hai of the KH Lim Group (80%) and Yap Choon Fong (20%), is subscribing to 87.51 million shares or 5.38% in PUC post-issuance.

The subscription exercise is conditional on the approval of minority shareholders at an upcoming extraordinary general meeting.

PUC plans to utilise the proceeds for potential acquisitions or investments (32%), upgrading of PUC's Presto Digital platform software (21.3%), marketing for Presto Digital (10.6%) and working capital (35%).

After a 2020 streamlining exercise, PUC currently has two business segments, namely media, advertising and digital imaging businesses, as well as the Presto platform businesses comprising e-commerce and digital payment services. The group is also exploring opportunities in food delivery, and digital moneylending business, it said.

Posted by DestinyL > 2021-09-08 09:06 | Report Abuse

10% only via GenP
Still, more reason to hold GenP tight tight

Posted by Bgt 9963 > 2021-09-08 09:30 | Report Abuse

Hoseh...

Posted by Sharefisher > 2021-09-08 10:23 | Report Abuse

Today closing 5.20 enough..

Posted by Keyman188 > 2021-09-08 10:25 | Report Abuse

Why not today closing 5.21 !!!...


wkwkwk...kekeke...hehehe...

Posted by DestinyL > 2021-09-08 11:51 | Report Abuse

Genting has their fair share of experience in handling wallets, but admittedly not experts

That's why they only taking up a 10% pie

Posted by emsvsi > 2021-09-08 12:51 | Report Abuse

PANDEMIC GLOVE STOCKS DOWN

RECOVERY STOCKS ALSO DOWN

WHAT NONSENSE IS THIS

Posted by investmalaysia7777 > 2021-09-08 12:52 | Report Abuse

What important is genm share price took over supermax share price kikiki

Posted by emsvsi > 2021-09-08 12:52 | Report Abuse

WHERE ARE THE NAYSAYERS TELL ME WHY HELP ME UNDERSTAND

Posted by investmalaysia7777 > 2021-09-08 12:52 | Report Abuse

soon genm overtake top glove as well

Posted by investmalaysia7777 > 2021-09-08 12:53 | Report Abuse

genting Berhad will overtake harta share price

Posted by Bgt 9963 > 2021-09-08 13:18 | Report Abuse

Genting...gogogo!

Posted by Bgt 9963 > 2021-09-08 13:50 | Report Abuse

Recovery stock...

Posted by emsvsi > 2021-09-08 14:37 | Report Abuse

WE NEED TO ASK LKT TO INVEST IN TESLA ! THEN LAUNCH EV GAMING ! IMAGINE THE POSSIBILITIES ! TO THE NEXT UNIVERSE ! HA HA HA HA HA

Posted by autoven > 2021-09-08 14:41 | Report Abuse

https://www.theedgemarkets.com/article/genting-group-joins-bid-digital-banking-licence-puc

Islamic fund can invest in genting?

Posted by DestinyL > 2021-09-08 15:17 | Report Abuse

Islamic fund likely cannot invest in Genting

But if you're referring to the digital bank license, Genting is not the host, they are just investor/partner.

Posted by Bgt 9963 > 2021-09-08 15:29 | Report Abuse

Steady...

Posted by Sailangking > 2021-09-08 16:01 | Report Abuse

so the name will call genting tesla car ?HAHAHAHAAHHA

==========================================================================


WE NEED TO ASK LKT TO INVEST IN TESLA ! THEN LAUNCH EV GAMING ! IMAGINE THE POSSIBILITIES ! TO THE NEXT UNIVERSE ! HA HA HA HA HA

Posted by Chachambo > 2021-09-08 16:03 | Report Abuse

https://www.rollingstone.com/music/music-news/resorts-world-vegas-residency-celine-dion-katy-perry-1167437/

RWLV Theatre with 5,000 capacity will be opening soon.

Celine Dion who was previously resident performer at Caesar's Palace will have around 10 shows through out November. Then Carrie Underwood beginning of Dec, Katy Perry (8 shows minimum) will begin end of Dec, to Jan 2022.

Posted by emsvsi > 2021-09-08 16:13 | Report Abuse

IT CAN BE CALLED GENTEC, IT IS LIKE GENETEC BUT WITHOUT THE 'E' TO THE NEXT UNIVERSE ! HA HA HA HA HA

Posted by emsvsi > 2021-09-08 16:18 | Report Abuse

SIT IN A SELF-DRIVING EV CAR AND YOLO ON THE CASINO TABLES ! NUMBAWANNN HA HA HA

Posted by Chachambo > 2021-09-08 16:25 | Report Abuse

https://www.teslarati.com/elon-musk-boring-company-vegas-loop-resorts-world-station/

Speaking of Tesla, I'm sure y'all know one of Tesla Loop's stations will be opening in RWLV, opening date unknown yet, hopefully will increase footfall for RWLV

Posted by Sailangking > 2021-09-08 16:49 | Report Abuse

hold tight tight...after two year no more RM5....my target is TP10 and above

Posted by emsvsi > 2021-09-08 16:51 | Report Abuse

GG = GENTING GREEN !

Posted by Sailangking > 2021-09-08 16:51 | Report Abuse

i got question, anyone sifu can help..previous genting got issue BI share for investor ?

Posted by Sharefisher > 2021-09-08 16:52 | Report Abuse

Nice... Closing at 5.19.....short 0.01 from my wish.... Haha ha...

Posted by DestinyL > 2021-09-08 16:55 | Report Abuse

Gg loh lol

Posted by Bgt 9963 > 2021-09-08 17:03 | Report Abuse

Go genting...

Posted by Keyman188 > 2021-09-08 17:07 | Report Abuse

OMG...Foreign funds coming back...

Last min push catching certain bluechip...

KLCI pushed up +14++ pt...

Bravo....

Posted by Sharefisher > 2021-09-08 17:14 | Report Abuse

Yes, FF style of sapu blue chips at last minute...

Posted by Goldgent > 2021-09-08 17:19 | Report Abuse

@Sailangking,,,Last 20 years, no bonus issue, but there was a share split (one to five) in 2007.

Posted by DestinyL > 2021-09-08 17:27 | Report Abuse

@shareinvestor88 is right, after bonus issue 4 for 1, RM3.50 is unlikely but possible

Posted by newbie2019 > 2021-09-08 17:53 | Report Abuse

nice!!! 5.25 coming slowly… this week likely to exceed 5.25 the way we are heading

Posted by choysun > 2021-09-08 18:07 | Report Abuse

Thought will retrace a bit but close day high wor. Good good. Waiting for the mad rush in soon. :p

Posted by DestinyL > 2021-09-08 19:25 | Report Abuse

Geez KL to phase 2, another surge coming?

Posted by Agjl > 2021-09-08 19:55 | Report Abuse

From 10 sept no more traffic block in the klang valley…kl putrajaya going into phasa 2. Soon selangor ans pahang follow. Cheers!!! Hold tight tight

Posted by Agjl > 2021-09-08 20:09 | Report Abuse

https://www.chinapress.com.my/?p=2664635

Posted by DestinyL > 2021-09-08 20:12 | Report Abuse

Now every KL citizen can freely travel to Genting..... HQ at Wisma Genting! lol

Posted by Jonny8855 > 2021-09-08 20:31 | Report Abuse

https://www.google.com/amp/s/themalaysianreserve.com/2021/09/08/selangor-kuala-lumpur-putrajaya-to-enter-phase-2-on-friday/amp/

Posted by ETTUSA > 2021-09-08 20:36 | Report Abuse

Friday morning go genting makan a gin....

Posted by choysun > 2021-09-08 20:42 | Report Abuse

It's inevitable! @shareinvestor88 where is my discount la..... :(

Posted by Sharefisher > 2021-09-08 20:49 | Report Abuse

Let's hope everyone follows sop strictly. Open and let the economy roll.

Posted by Sharefisher > 2021-09-08 20:54 | Report Abuse

https://themalaysianreserve.com/2021/09/08/malaysias-foreign-portfolio-flows-rose-by-myr7-7b-in-august/amp/

Posted by kamirise360 > 2021-09-08 21:27 | Report Abuse

MKN already start to give more place to open now

Get ready Genting to open also

Posted by BILLC > 2021-09-08 21:53 | Report Abuse

https://www.themalaysianinsight.com/s/338178

My goodness,,,,,everyday 7 k new covid cases are those fully vaccinated,,,

Casino open but then siapa berani masuk???