Unfortunately, this time Boss Lim is on the opposite side of the shareholders..

Comparing the two scenarios, it's evident that both YTL Power and the Lim family have engaged in strategic acquisitions at discounted prices. This is typical business strategy, as buyers always aim to purchase assets at the lowest possible prices. Of course, you can argue who has benefited from the acquisition and carry on discussing related party transactions, but as buyers, we all want to buy at the lowest possible prices..

A stock with over 40 billion outstanding shares may not be seen as particularly attractive, so investors might be pleased to see it offloaded.. 😀

Obviously, the news "Genting M'sia unit sells Genting HK stake at lowest allowable price" on 30 Sep 2016 didn't affect Genting's share prices. In fact, the share prices of GenM and GenB moved up after 30 Sep. Other events caused the share price to drop at the end of 2017 and in the year 2018. Investors are fully aware of what happened in 2018 and 2019.

The days of repeating the same things and surviving are over. This new philosophy is what Genting has cultivated for the last 50 years. Now is the time to prove that we are, and can be, a global player.

Let's recap what Boss Lim has said:
The energy business has been transformed due to environmental sensitivity. He mentioned blue energy and green energy, and how they are being combined to take it to the next level.

He said the world is different now; it has changed. Companies that can keep pace with this change and have the will to face the challenge will be the companies of the future. We certainly hope Genting will be one of those companies, not just in Malaysia but globally. Boss Lim said, "As you can see, we have been successful in Indonesia, and step by step, through our own meritocracy, we will be invited to participate in the new world business."

https://youtu.be/Wu5UZyX1LT4?si=-j3so7PH6fIBXbzg
Good. 12,000 investors have watched the Transformation of Genting is just starting on YouTube.

https://youtu.be/Koz1Gq6g73M?si=yN1qenR4WRjDy_5r
10,000 watched 'Genting gives update on Alzheimer drug'

Investors are well informed and can make their own decisions. Let’s focus on forward looking initiatives like green energy investments and let Genting investors decide for themselves. GenB boleh! Cheers!

https://www.thestar.com.my/business/business-news/2024/05/29/ytl-power-unit-raises-stake-in-ranhill-triggers-mto

The proposed acquisition by YTL Power and SIPP Power raises concerns due to the substantial 36.62% discount over the last traded price of Ranhill. This significant undervaluation could indicate underlying issues with Ranhill's financial health or market perception.

Vs

Genting M'sia unit sells Genting HK stake at lowest allowable price


Comparing the two scenarios, it's evident that both YTL Power and the Lim family have engaged in strategic acquisitions at discounted prices. Inilah business talk ... let the shareholders decide lor

Guess what these projects that Boss Lim mentioned could be! I believe there could be more green projects in the pipeline. There might be a USA IPO, and of course we should not forget the potential approval of TauRx by the regulatory authorities soon.

Boss Lim said that, besides the investment in the energy division revealed, there are a few other projects they are working on.
Hopefully, in time to come, they will share these with us, just as they did with the energy division. He emphasized that we should continue to watch this space, as the transformation of Genting is just beginning.

Investing in green energy not only supports the environment but also opens new opportunities for long-term success. Boss Lim said the transformation of Genting is just starting. 👌

Genting's investment in green energy is a bold step towards sustainability and global growth.. While it will initially use some casino profits and take time to become profitable, this move positions the company well for the future.

Like that ahh..i think it's reasonable to ask why Wynn Resorts and las vegas sands haven't experienced increase in share price either.. better don't

https://www.malaymail.com/news/malaysia/2024/06/21/global-infrastructure-partners-blackrock-is-not-involved-in-mahb-privatisation/140778
Global Infrastructure Partners: BlackRock is not involved in MAHB privatisation

陈剑錯了，不是因为旅游业复苏...Actually 是阿公 pushed up share price to facilitate the privatization of MAHB la...

Haha @ATK, weekend is perfect for chatting about possibilities.. 😊

Will Genting enter into the Newater or desalination water plant business? There are so many possibilities..😅 Go go.. Genting

https://www.hydrogeninsight.com/innovation/south-korea-s-first-nuclear-hydrogen-project-to-be-built-by-2027-by-eight-partners-including-hyundai-and-samsung/2-1-1663769
South Korea’s first nuclear hydrogen project to be built by 2027 by eight partners, including Hyundai and Samsung

https://www.hydrogeninsight.com/policy/canada-s-clean-hydrogen-investment-tax-credit-becomes-law-offering-developers-up-to-40-tax-rebates-on-project-costs/2-1-1665563
Canada’s clean hydrogen investment tax credit becomes law, offering developers up to 40% tax rebates on project costs

Well said. Nuclear hydrogen is the future and it's good that Genting is betting big on energy projects.

No doubt hydrogen 氢能源 is the future.

No.. no to data center investment. The market has become highly competitive with an already significant number of investments in data centers.. entering into战国時代?

柔佛向砂拉越取经推广使用氢能源
https://www.zaobao.com.sg/news/sea/story20240621-3959177

Let's watch closely; surely there will be an announcement by Genting about its mega energy projects in Johor Bahru.

https://youtu.be/II5IvHshvQY?si=M1AuWcQwr3aa6zLe
Genting talks suitors for its gas

https://youtu.be/TS8hZ3O5ba8?si=pBa7AoPOPBYEXCqK
Genting's energy division could contribute US$1.3 billion in revenue

https://youtu.be/CAGeXL00Re0?si=rvvpQtw6VCoh8qmh
Genting to invest RM277 mil for another China power plant

https://youtu.be/Koz1Gq6g73M?si=O0pqLK6uQSIbdFB0
Genting gives update on Alzheimer drug

https://youtu.be/Wu5UZyX1LT4?si=d0WQpqOM-LL7szVO
'Transformation of Genting is just starting '

Genting's PR skills may need improvement..

If you google the latest news on GenB's US$1 billion investment in its oil, gas, and energy segments, you'll find that only a few overseas newspapers have covered it online. As a result, the foreign fund managers may not be aware of the latest news about Genting. It may take more time for the news to filter through the online media.

Good. BBs buying up GenM at the last minute.. 😍

https://www.klsescreener.com/v2/news/view/1345853/maybank-ib-optimistic-on-genting-bhd-s-china-ipp-flng-moves
Maybank IB optimistic on Genting Bhd's China IPP, FLNG moves

Will GenB continue its uptrend in the afternoon session?

你好，大家好 !

不要跟我讲keyman sifu 也下車了。

云顶首席营运员拿督斯里陈广汉表示，失智症药物的批准过程正在快速推进。

“我们与英国药品和医疗产品管理局（MHRA）的合作取得了重大进展。至于FDA方面，我们仍在等待他们的反馈，这个过程尚在进行中。”

失智症药何时面市？　
云顶还得过关键一关

（吉隆坡21日讯）云顶（GENTING，3182，主板消费股）冀望其持股约20%的英国制药公司-TauRx公司所研发的阿尔兹海默症（俗称失智症）药物，能够迅速获得包括美国食品药物管理局（FDA）及其他相关部门的批准。

据早前报导，FDA已两次推迟该药物的批准进程。

云顶昨日（20日）宣布总值47亿令吉的能源投资计划，该公司主席兼首席执行员丹斯里林国泰在记者会上表示，公司承诺将以可负担的价格，为病人提供这款失智症药物。

該下車的，到站就下吧。云頂耒去自如!

Wah! No joke. GenB is moving up fast and furious.

https://www.klsescreener.com/v2/news/view/1345595/genting-hopes-20-associate-taurx-s-alzheimer-s-drug-gets-approval-soon
Genting hopes 20% associate TauRx’s Alzheimer’s drug gets approval soon

老泰手握利刀亲自上阵，冲锋陷阵奋勇杀敌...今天能冲上4.80嗎? Let's see..

https://youtu.be/dnrdMZaJE_M?si=KUpmWCOV9RbHSdcc
Genting bets big on overseas energy projects

https://youtu.be/II5IvHshvQY?si=M1AuWcQwr3aa6zLe
Genting talks suitors for its gas

https://youtu.be/TS8hZ3O5ba8?si=pBa7AoPOPBYEXCqK
Genting's energy division could contribute US$1.3 billion in revenue

https://youtu.be/CAGeXL00Re0?si=rvvpQtw6VCoh8qmh
Genting to invest RM277 mil for another China power plant

https://youtu.be/Koz1Gq6g73M?si=O0pqLK6uQSIbdFB0
Genting gives update on Alzheimer drug

https://youtu.be/Wu5UZyX1LT4?si=d0WQpqOM-LL7szVO
阿泰開金口: 'Transformation of Genting is just starting ' 加油!加油!

云頂，不發都不行..

https://www.klsescreener.com/v2/news/view/1345539/genting-and-taurx-applying-for-uk-us-regulators-039-approval-for-alzheimer-039-s-drug
Genting and TauRx applying for UK, US regulators' approval for Alzheimer's drug

Bagus

If there are many DC located around his land bank in Johor will be another booster to genting.

Why ar?

Let's see 阿泰明天冲锋陷阵，奋勇杀敌

Maybe just one day to outperform..again

No, no.. 不会啦。