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Genting Sing
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Genting SP Next Move
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Johngenting
Veteran |
10-Mar-2020 22:30
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Genting Singapore Limited (Company Registration No. 201818581G)
10 Sentosa Gateway, Resorts World Sentosa, Singapore 098270
CESSATION OF QUARTERLY REPORTING
The Board of Directors of Genting Singapore Limited (the ?Company? and together with
its subsidiaries, the ?Group?) wishes to update the shareholders of the Company that
following recent amendments to the Listing Rules of the Singapore Exchange Securities
Trading Limited (?SGX-ST?) which took effect on 7 February 2020, the Company is no
longer required to release its financial statements on a quarterly basis.
The Board has, after due deliberations and taking into consideration the compliance costs,
time and efforts required in connection with quarterly reporting, decided not to continue
with quarterly reporting and will instead release the financial statements of the Company
and the Group on a half-yearly basis. Accordingly, the Company shall cease quarterly
reporting with immediate effect, and its next financial results announcement shall be in
respect of the half-year ending 30 June 2020.
The Company will provide voluntary quarterly business updates to shareholders in respect
of each of the first and third quarters of the Company?s financial year ending 31 March
and 30 September respectively, and shall do so commencing with the quarter ending 31
March 2020.
The Board believes that a half-yearly financial reporting cycle and the provision of
voluntary quarterly business updates, together with the observation of strengthened
disclosure requirements, is sufficient to keep the shareholders informed of the Group?s
state of affairs.
Notwithstanding the foregoing, the Board would like to assure the shareholders of the
Company that the Company will comply with its continuing disclosure obligations to keep
shareholders updated as and when appropriate, should there be any material
developments (financial or otherwise) relating to the Company or the Group.
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Johngenting
Veteran |
10-Mar-2020 22:24
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GS cessation Q1 report , 小 林 smart move
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kandinsky
Master |
10-Mar-2020 21:35
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So many other counters, why must buy Genting?
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frt123
Member |
10-Mar-2020 20:06
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Really?? Was thinking whether to buy in..
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pkli899
Supreme |
10-Mar-2020 19:49
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Heard rumour Malaysia garmen want to raise gambling tax substantially. Not sure true or not.
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sunter
Senior |
10-Mar-2020 16:32
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Basically the make up of the government were of people's of extremely religious ideology , where they keep pressing to enact huddud law in the previous parliament .Most of them were in PAS party and anything that was dealing with gambling were prohibited , eg, you can't find 4digits lottery in Kelantan
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Trader130
Supreme |
10-Mar-2020 16:11
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Haha so many sell gold... pump up soon 😳
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Trader130
Supreme |
10-Mar-2020 16:10
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Any proof ?
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TA_Expert
Supreme |
10-Mar-2020 16:05
Yells: "The World has changed" |
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The market has U-turn after Trump announced plan for a tax cut. | ||||
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sunter
Senior |
10-Mar-2020 16:02
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In view of the political climate in Malaysia , especially casino business might be affected by government policies , l think kok thay has no choices , he has to reduces his investment exposure in genting Malaysia , look like he may have to pour or divert his investment into Singapore and others . | ||||
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Trader130
Supreme |
10-Mar-2020 14:55
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They Scare 🤪
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kandinsky
Master |
10-Mar-2020 14:16
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If China tourists come back, think people will shun them by a mile.
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TANPK123
Elite |
10-Mar-2020 13:33
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Where red. Your pants red ah.
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TANPK123
Elite |
10-Mar-2020 13:32
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Boss. I had same view. West Side shopping center also car park full liao on weekend. Food count aunty ask a customer. I didn't see so many people for long time liao. Hahaha.
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pkli899
Supreme |
10-Mar-2020 13:25
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Last few days, especially yesterday, market dropped very much, so today rebound. Likely will go back down, unless situation improved significantly. Good opportunity for traders to make money. Btw, heard from people working in RWS (not sure true or not), tourists are slowly coming back. This month much better than Feb. Think is regional tourists coming. Anyway, went Jewel over the weekend, surprisingly, still crowded. Queuing as usual at some popular eatries. |
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kandinsky
Master |
10-Mar-2020 12:11
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At least some reprieve
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Johngenting
Veteran |
10-Mar-2020 10:53
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Will turn RED soon
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Johngenting
Veteran |
10-Mar-2020 09:33
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Be careful
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brchkho1
Master |
10-Mar-2020 09:33
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DJ Futures up about 670 now.
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Trader130
Supreme |
10-Mar-2020 07:52
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If Oil rebound ? 🤣
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