@StarLuck:Lim Kok Thay, in his position as executive chairman of Genting Berhad, the indirect controlling shareholder of $GENTING SINGAPORE LIMITED(G13.SI)$Genting Singapore, has received an “unsolicited” approach for its shares in the latter, says Genting Singapore. However, the approach “has not been pursued”. Genting Singapore was responding Singapore Exchange’s queries unusual trading queries from the Singapore Exchange last Friday. Lim holds the same executive chairman position at Genting Singapore. Genting Singapore did not name which is party or parties that made the approach. According to Bloomberg, US casino operator MGM International made overtures to buy over Genting Singapore, which operates Resorts World Sentosa. $GENTING SINGAPORE LIMITED(G13.SI)$share price rose as much as 9.3% on Friday, July 15, to 82 cents, before easing to 81 cents, before trading halt was called. @Daily_Discussion @CaptainTiger @TigerStars Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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