Genting Singapore

Genting Singapore posts 26% drop in 1Q21 net profit on continued Covid-19 impact - THE EDGE SINGAPORE

Results

Genting Singapore posts 26% drop in 1Q21 net profit on continued Covid-19 impact

Net profit after tax amounted to $34.5 mil for 1QFY21.
Genting Singapore responds to SGX query on chairman Lim's remuneration - THE EDGE SINGAPORE

Company in the news

Genting Singapore responds to SGX query on chairman Lim's remuneration

Genting Singapore says a “significant proportion” of Lim’s remuneration relates to an accrual for a contingent bonus of $35 mil.
Genting Singapore's Lim's pay for pandemic year doubles to at least $21.25 million - THE EDGE SINGAPORE

Company in the news

Genting Singapore's Lim's pay for pandemic year doubles to at least $21.25 million

Lim's remuneration increased more than 120% from his FY19 remuneration of around $9.5 mil.

Property

Las Vegas Sands to sell Vegas properties for about $8.3 bil in sharper Asia focus

The sale comes just two months after the death of founder Sheldon Adelson
Maybank downgrades Genting Singapore to 'hold' despite results beating expectations; other analysts remain mixed - THE EDGE SINGAPORE

Broker's Calls

Maybank downgrades Genting Singapore to 'hold' despite results beating expectations; other analysts remain mixed

It's a 'buy' from CGS-CIMB and OCBC, and 'neutral' or 'hold' from RHB and Maybank Kim Eng.
Genting Singapore ends FY2020 in the black with earnings of $69.2 mil - THE EDGE SINGAPORE

Results

Genting Singapore ends FY2020 in the black with earnings of $69.2 mil

The company will pay a dividend of one cent, from 2.5 cents last year
Maybank Kim Eng keeps Genting Singapore at 'buy', following strong numbers from MBS - THE EDGE SINGAPORE

Broker's Calls

Maybank Kim Eng keeps Genting Singapore at 'buy', following strong numbers from MBS

According to Las Vegas Sands Corp, MBS’s 4Q operating profit was up 106% q-o-q to US$144 million.
Six Singapore firms now among Bloomberg's 2021 Gender-Equality Index - THE EDGE SINGAPORE

Environmental, Social and Governance

Six Singapore firms now among Bloomberg's 2021 Gender-Equality Index

This is Genting Singapore's first time in the index, while DBS tops the list of Asean companies in the index.
Sheldon Adelson, boss of Marina Bay Sands, dies at 87 - THE EDGE SINGAPORE

Obituary

Sheldon Adelson, boss of Marina Bay Sands, dies at 87

His net worth was about $33 billion, according to the Bloomberg Billionaires Index.
Genting Singapore's Universal Studios hit capacity limits - THE EDGE SINGAPORE

Company in the news

Genting Singapore's Universal Studios hit capacity limits

RWS’ notice coincides with the start of Phase 3 from Dec 28 where higher capacity limits are allowed for attractions such as RWS
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