Genting International

Genting says Sentosa integrated resort bill could rise to S$6.59b

Genting International is warning that its Sentosa integrated resort development could cost almost S$600m more than expected. Its total investment is expected to increase from S$6 billion to S$6.59 billion. And the firm warned that these hefty opening costs would have a "significant" impact on its earnings this year. Genting said that over the past year, changes have been made to the design and...

Genting no longer in talks to build hotel at Sports Hub

Genting International has said it is no longer in talks with the Singapore Sports Hub Consortium to build a hotel in the Singapore Sports Hub. In a statement to the Singapore Exchange (SGX), Genting said the Singapore Sports Council has decided not to have a hotel in the hub "at this point in time". Genting added that the subject matter of this announcement is not expected to have any material impact on...

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