Monday, January 7, 2008

Stock Watch

Genting Bhd

THE diversified group's resort development arm, Genting International Plc, has received approval to venture into online gaming in Britain, where growth is expected to increase to £1.6bil in 2010 from 660 million pound sterling in 2006.
A subsidiary will be applying for a licence. An analyst said the latest development proved that senior management had a pro-active stance in diversifying and expanding the group's income base.

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