GEN Malaysia theme park may cost nothing at all
Malaysia Genting could receive an outdoor theme park for its flagship property, Resort World Genting, at no cost if it wins a lawsuit filed in U.S. court this week, Maybank Investment Bank Bhd suggested on Tuesday.
The agency believes the casino company can successfully operate such facilities without the nickname “20th Century Fox World Malaysia,” a brand previously announced by Genting Malaysia, as it has experience running its own-brand theme park at the Genting Highland site (pictured) near Kuala Lumpur, Malaysia’s capital. However, Japanese broker Nomura has expressed doubts about whether the new Fox-branded facility will have the same traction for the public.
Shares of the casino company fell 17% on Tuesday, in line with news that it is suing Fox Entertainment Group LLC, some of its affiliates, and Walt Disney Co, now a suitor to many of Fox’s entertainment assets. The lawsuit concerns notice of termination on a 2013 contract to use Fox’s brand in theme parks.
However, Maybank said it was “promising” that Genting Malaysia could run its own theme park. “Remember, Genting Malaysia ran its own outdoor theme park before it closed in September 2013,” said a note from Maybank analyst Samuel Yin Sao Yang.
The casino company’s “current share price means that outdoor theme park investments have been written off, and if Genting Malaysia wins a $1 billion claim, it can also get free change,” Yin added.
Shares fell after the market closed in Bursa, Malaysia on Tuesday, closing at MYR3.60 to MYR3.00 ($0.715) at the start of trading on the day, Bloomberg data showed. It was down further to MYR2.99 by mid-morning on Wednesday.
BY: 바카라사이트 추천
10 responses to “GEN Malaysia theme park may cost nothing at all”
All of the offshore poker web-sites in this guide are reliable, safe, trusted, and abide by the rules and regulations.
my page: 카지노친구
The agreement gave the tribhe the authority to launch mobile and in-particular person sports betting,
as properly aas craps and roulette, at all off
its casinos.
Also visit my web blog … 카지노친구
Thhe jackpot selection is a bit extra limited compared to other websites.
Here is my web blog – casino79.in
Reading testimonials and checking forums can be beneficial in assessing the casino’s reputation.
Review my web-site; 먹튀검증
At this point, no iGaming enterprise has stepped up to make it occur.
Look into my webpage … 1-news.net
I loved as much as you’ll receive carried out right here.
The sketch is tasteful, your authored subject matter stylish.
nonetheless, you command get bought an shakiness over that
you wish be delivering the following. unwell unquestionably come further formerly again aas exactly the same
nearly a lot often inside case you shield this increase.
Also visit my site – Informative post
PokerStars is effectively-regarded for the promos and bonuses they offer you online
poker players.
Also visit my homepage – Find more info
To register on our casino site, go too the home
web page and click “Register”.
my site – 1-news.net
I made usee of 2 distinct websites’ opinnions about how they really
should be categorized.
Here is my web page :: Website link
One of these is the legalization of sports betting in the United States.
Here is my blog: 1-news.net