
Genting Bhd asset sales key despite US$306mln rights issue: CreditSights
Malaysia’s Genting Bhd will in likelihood need to “sell non-core assets” to stave off further credit-rating downgrades, despite a proposed MYR1.25-billion (US$305.8-million) rights issue, says CreditSights. The institution views the rights issuance as positive but thinks it will have only “modest i…












