Its sale price of ,425 million is 9.2% above its latest valuation of ,220 million as at Oct 31. That was the second-highest number of Genting shares transacted in , next to the 143. If met, this would reflect a decent 8. in.
After the latest results, the 16 analysts covering Genting Singapore are now predicting revenues of S$2. Genting Singapore , which operates Resorts World Sentosa, is likely to report subdued numbers , says CGS International's Tay Wee Kuang.
In contrast, Marina Bay Sands, held by parent company Las Vegas Sands, enjoyed record high mass gross gaming revenue. Toki Centre comprises a two-storey warehouse with a net lettable area (NLA) of 16,545 sqm and building age of approximately 16.8 years.
A fall in international visitors and VIP revenue meant that Genting Singapore suffered a dip in gaming revenue compared to the same period as last year.
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