RHB supports ‘buy’ call on Genting after Equanimity purchase | The Malaysian Insight

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RHB supports ‘buy’ call on Genting after Equanimity purchase

Equanimity is expected to boost Genting’s high-roller gaming segment. – The Malaysian Insight file pic, April 4, 2019

RHB Research has reiterated its “buy” call on Genting Malaysia Bhd following the group’s purchase of the super yacht Equanimity” for US$126 million that complements its gaming and leisure business. The research house said it is slightly positive on the purchase as it was also expected to improve Genting’s brand and increase VIP gaming volume.

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