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Genting Shares Tumble Most Since 1998 on Rights Issue Plan

Bloomberg Markets •
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Genting Bhd. shares plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit ($306 million) through a renounceable rights issue.

Source: Bloomberg Markets · Summarized by HeadlinesBriefing