Genting Announces No Further Fundraising Plans for Now

Genting Bhd recently raised RM1.25 billion through a cash call, marking its first such fundraising in 53 years since its initial rights issue in 1973. The conglomerate has now stated that it does not plan any further fundraising for the time being. This decision comes after a significant gap in capital raising activities since its listing in 1971.

Originally published by gnews