SGX:G13

Genting Singapore Buys Back SG$1.3 Million Worth of Shares

Genting Singapore (SGX:G13) bought back about 2.3 million shares in the open market on Tuesday for SG$1.3 million, according to a same-day filing with the Singapore Exchange.Shares of the company were down nearly 1% in Wednesday trading.To date, the leisure, hospitality and integrated resorts development specialist has bought back nearly 9 million shares under its existing mandate.

DBS Downgrades Genting Singapore to Hold from Buy; Price Target is SG$0.67

DBS Downgrades Genting Singapore to Hold from Buy, Adjusts Price Target to SG$0.67 from SG$0.85

Nomura Downgrades Genting Singapore to Reduce From Buy, Adjusts Price Target to SG$0.63 From SG$0.95

Genting Singapore (SGX:G13) has an average rating of hold and mean price target of SG$0.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Genting Singapore's Net Profit Declines 55% in Q1

Genting Singapore's (SGX:G13) net profit after tax fell 55% in the first quarter of the year to SG$65.2 million from SG$145.0 million a year earlier, according to a Tuesday filing with the Singapore Exchange.Revenue also dropped 3% year over year to SG$607.6 million from SG$626.2 million, largely due to diminished returns from the gaming segment.

Genting Singapore Issues Share Awards as Incentives

Genting Singapore (SGX:G13) granted 750,000 share awards at SG$0.7 per share under its performance share scheme, according to a Wednesday filing with the Singapore Exchange.The awards will vest one year from date of grant, subject to satisfaction of service condition.