Genting Malaysia very jiak lat! Lost 5.5 billion ringgit in ONE day!
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#2
Short selling of Genting Malaysia suspended after plunging 27%

KUALA LUMPUR: Bursa Malaysia Securities suspended all short-selling activities of Genting Malaysia (GentingM) early Monday after its share price tumbled in a knee-jerk reaction to the new casino taxes under Budget 2019.

https://www.thestar.com.my/business/busi...suspended/
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#3
Genting Malaysia Stock Plummets After Finance Minister Increases Casino Fees

Genting Malaysia shares fell as much as 30 percent on Monday after the company's home country announced a large tax increase on casinos.

Genting Malaysia is in crisis mode after the gaming company’s home country announced a substantial tax increase on casino operations.

Malaysian Finance Minister Lim Guan Eng shocked Genting shareholders late last week when he announced in his budget address that tariffs on gaming would be increasing by 10 percent. He added that annual fees for casino licenses would jump to 150 million ringgit ($36 million) from 120 million ringgit ($28.8 million).

Nomura says the added 10 percent will cost Genting 600 million to 700 million ringgit ($144 million to $168 million) in earnings before interest, taxes, depreciation, and amortization (EBITDA) in the 2019-2020 fiscal year.

The analysts concluded that the higher tax will “offset a big chunk of the earnings growth expected.” The result will see Genting post a decline in the fiscal year 2019, as compared to a previously forecasted 15 percent growth.

https://www.casino.org/news/genting-mala...asino-fees
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#4
SGbutt how? Rolling on the flor laughing
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#5
Robbery
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#6
Pakatan government trying to kill the goose to extract the golden egg! Rolling on the flor laughing
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#7
Total loss in one day : 5.5 billion ringgit

Lim family loss in one day : 2.6 ringgit

http://www.chinapress.com.my/20181106/%E...%E4%BA%BF/
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#8



【云顶股票插水】云顶大马今日蒸发55亿!林国泰身家缩水26亿!
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#9
Next is tax those singaporean property owners in malaysia. Tax those china property owners in malaysia. Tax tax tax.
[+] 1 user Likes teo's post
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#10
7-11-2018 1:28 PM
teo said:
Next is tax those singaporean property owners in malaysia. Tax those china property owners in malaysia. Tax tax tax.

let them tax lah, our dola so strong their ringgit so weak, scared wat? .... Rolling on the flor laughing Rolling on the flor laughing Rolling on the flor laughing Rolling on the flor laughing
Everything will be alright in the end, so if it is not alright it is not yet the end ....

Keywords: TEST
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