SGX Watch

SGX Watch: – Harrah may revisit Rank

Joyous welcome for 2008
star.com.my – In GENTING HIGHLANDS , thousands of revellers were treated to a 15-minute firework display. In JOHOR BARU , thousands gathered at Danga Bay beach in for the New Year s Eve party. Johor Mentri Besar Datuk Abdul Ghani Othman joined the crowd to usher
Source: www.thestar.com.my

Star Cruises confirmed at ‘B1′ after Apollo Management buys into unit
CNBC – The confirmation reflects SCL’s improved key financial metrics as a result of the pro-rata consolidation — rather than full consolidation — of NCL and, at the same time, factors in the implied support of its major shareholders, particularly Genting
Source: www.cnbc.com

Malaysian shares higher in early trade on big-cap bargain-hunting
CNBC – Casino operator Genting Bhd gained 25 sen or 3.3 percent after the group announced a special dividend of 30 sen per share for the third quarter. Genting also reported that its third-quarter net profit fell 34.4 percent to 275 million ringgit from a
Source: www.cnbc.com

London shares – midafternoon features
CNBC – weak Tullow Oil 655-1/2 down 15-1/2 Profit-taking after it reached a record on Friday Capita Group 730-1/2 down 11-1/2 Evolution Securities ’sell’ FTSE 250 risers Rank 110-3/4 up 10-1/4 Confirms Malaysian gaming business Genting
Source: www.cnbc.com

Bharti, Resorts World, Rio Tinto: Asia Ex-Japan Equity Preview
Bloomberg – The hotel and casino unit of Asia’s largest listed casino operator said it will offer to sell its 6.2 percent stake in Genting International Plc to shareholders. The offer price hasn’t been finalized, Resorts said. Kuala Lumpur-based Resorts was
Source: www.bloomberg.com

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