Monday 9 January 2012

Genting dips on lower profit forecast

Genting Bhd, a casino, plantation and property group, dropped 1.1 per cent to RM11.12, bound for its steepest decline since Dec. 20. Its Genting Singapore Plc (GENS SP) unit was downgraded to “neutral” from “buy” at UBS AG, which said profit growth may remain “subdued” in 2012. -- Bloomberg



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