As Genting Singapore is an important earnings contributor to the group, Choi and Cheung are not surprised by Genting Berhad's decision to ignore an unsolicited offer for its stake in Genting Singapore.
Citi Research analysts George Choi and Ryan Cheung have kept a “buy” rating on Genting Singapore with an unchanged target price of $1.01.
Genting Berhad most certainly is just beginning to enjoy the benefits from the lifting of travel restrictions.
