KUALA LUMPUR (April 6): Genting Bhd and Genting Malaysia Bhd (GenM) are seeking the green light from shareholders to buy back their own shares. Shareholders of both companies in the last AGM, held on June 22, 2020, approved the share buy-back. The renewed share buy-back authority will expire at the conclusion of the forthcoming AGM. At 9.52am today, Genting had fallen six sen or 1.15% to RM5.16, valuing the group at RM20.24 billion. GenM, meanwhile, slipped three sen or 0.96% to RM3.10, valuing the group at RM18.47 billion.

Source: The Edge Markets April 06, 2021 02:15 UTC