Posted by neohts > 4 weeks ago | Report Abuse

Please share only something related to Genting Berhad. Either good or
bad.

Posted by mushimushi > 4 weeks ago | Report Abuse

Approved then TauRx worth USD 15 billion, Reject then it worth negative. Seriously, LKT need to sark a lot of kok to get a yes. Maybe AngayKlown can help on this matter.

TauRx is at a cross road. A 22 yo cash burning company, whether it sink or swim, it very much depends on this bet. Unicorn or Bankruptcy? It's a coin flip.

Anyway, Genting only invested 480 mil exactly 22 years ago. Maybe they can sell it's shares to Temasek instead of write off., at least get back the invested capital.

Posted by mushimushi > 4 weeks ago | Report Abuse

Taurx founded in year 2002, Genting paid 480mil for 20 percents. So the company valued at 2.4 billion dollars from the start, with little to no results to show? Something is very wrong here. Why would Genting make such bizarre bet to begin with?

Posted by mushimushi > 4 weeks ago | Report Abuse

Looking back at the history, no wonder no results after 22 years. The founders and scientists already multi-millionaires after they caught a big whale at its inception, don't you think?

Posted by newbie2019 > 4 weeks ago | Report Abuse

3.5 pls

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

Fiiiarking lies.
Audited accounts clearly shows RM1 Billion paid out.

That does not include the flights, hotels, meals and limos which incidentally will usually comes to RM millions after 22 years of fooking around.

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

A First Class ticket to US one way can cost RM50,000.00

Private jet intercontinental travel expect to cost [if plane is yours] or pay USD350,000.00 for all in charges. It's very variable depending on size of plane.

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

RM100 million a year only barely covers it for private travel.

Of course all business travel is paid by the company 😉

Posted by ironrobe3388 > 4 weeks ago | Report Abuse

Li Ka-shing invests in several anti-aging concept companies because he is aging. why does LKT invest in the drug ? strictly business ? some of the super rich want to live forever.

Posted by AngTayKor > 4 weeks ago | Report Abuse

Temasick invested into Taurx under V-Sciences Investments Pte Ltd, holding 2% of Taurx. V-Sciences already treating their investment in Taurx as legacy assets n did not even participate in any of Taurx's history of 3 rights issues. They wont buy over Genting's 20% Taurx shares if Taurx fails. They wont throw good money over bad ones liow.

Posted by AngTayKor > 4 weeks ago | Report Abuse

For the past 10 years, Taurx has been largely financed by Chinese money from Guangdong gang fronted by a Chinese national Mr T who is now a Singaporean

Posted by mushimushi > 4 weeks ago | Report Abuse

I think something fishy about the 2002 Taurx deal. Who on earth with a sound mind would valued a start up like Taurx back in 2002 with a 2.4 billion USD valuations. Kevin O'Reilly and Mark Cuban would have hanged themselves on the spot witnessing such deal took place.

Someone like a middleman or Genting insider may have walked away with hundreds of million for facilitating such deal. I wouldn't be surprise if the "family" you know who have been stealing from the company this way.

Posted by AngTayKor > 4 weeks ago | Report Abuse

Anything can happen when publicly known RPTs deals like E.R was facing chapter 11 hence GenM's rescue mission sibei jialat to other shareholders.

Posted by AngTayKor > 4 weeks ago | Report Abuse

For Taurx to reach usd15b valuation, need UK + UAE + CHINA + EU approvals (excluding USA approval). Need to do 4 successful coin flips to reach usd15b. Popi popi 🙏🙏

Posted by mushimushi > 4 weeks ago | Report Abuse

Or maybe the group intentional gave it a 2.4 billion dollar valuation from the start in order to boost the group's overall valuation, at the same time they moved around the money end up in personal pockets. It's a win win for the group and family. I would do such a deal.

Posted by AngTayKor > 4 weeks ago | Report Abuse

LKT is no angel la. Look at the way he fleecing the company with rm200m yearly salaries for years even when the company not making much money. KNN LKT can go IPO himself liow as RPIT (Real Person Investment Trust) 🤣🤣🤣

Posted by mushimushi > 4 weeks ago | Report Abuse

Once you have gotten UK approval then the rest would have little resistance. Just need to sark a few more koks and wink wink (offer position or shares) to those who help approved them. That's standard practice of the west.

Posted by ImCK > 4 weeks ago | Report Abuse

i have check genting malaysia 19 year gross profit
from 2005 41.08% drop until now left 25%

compare to sands mgm maintain consistently at 40% above
wynn at 35% above

genting malaysia management having big problem
gross profit margin is a good benchmark to measure thier performance
in gaming industry

Group President & Executive Director
Dato’ Sri Lee trained as a chartered accountant in London with an international accounting firm of chartered accountants following which he joined their offices in Hong Kong and worked in their audit and corporate advisory practices. He subsequently embarked on a career in investment banking where he specialised in the areas of corporate finance and the equity capital markets before joining the Genting Group in 1997.

Posted by neohts > 4 weeks ago | Report Abuse

If TauRX fail, how LKT going to explain to all shareholders. LKT should step down as CEO.

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

Russia just launched an ICBM against Ukraine to test success rate to deliver atomic bomb to Washington US

GOOD LUCK to your taufu. 😁

Posted by xiaoeh > 4 weeks ago | Report Abuse

does it mean we human is going to start all over again from ameba or single cell...?

Posted by mushimushi > 4 weeks ago | Report Abuse

If Taurx failed, we can stage protest to embarrass the management at the AGM during Q and A. Get someone to ask tough question, why why why then every attendee just bang on the table and make noise like ya ya ya. Question them until they red face and cry. Just crash the party out of spite.

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

For years whispers of fraud permeated Alzheimers research on brain proteins.

Review of what we know so far.

Brain has
Glia cells that subdivided and forms inter-neurons
Neurons fixed 18 months from birth.
Neuron stem cells.

Glia cells can breach Hayflick Limit.
Neuron cells do not subdivide and can die off.
Neuron stem cells can replace dead Neuron cells.

An Alzheimer Event occurs when Glia cells breach Hayflick Limits and or Neuron stem cells deactivated.
These events result in detectable synaptic loss.
20 years after detectable synaptic loss tau proteins can be detected.

These amyloid protein fraud rumours culminated in a June 2024 withdrawal of a cornerstone foundation research on brain amyloid proteins as entirely fraudulent. Hundreds possibly thousands of brain images are now labeled as fraudulent.

As a consequence of fraudulent Alzheimer research papers being withdrawn, selling of Genting shares started in desperate earnest since June 2024......

We are in this situation now.....😁

Good Luck.

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

As the Azheimer Serba fraud case raged on and on you can see the effect on Genting Serba share price in the price chart......
Good Luck! 😁👍🤜

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

No lah.
Russia captured USD 3 Trillion worth of Lithium deposits in seized Ukraine territory with only the death of 750,000 Russians, North Koreans etc. It's a bargain price steal of the century in history of mankind.

=> It's all about the money. US will allow Russia to enjoy the USD 3 Trillion of lithium deposits.
This same USD 3 Trillion worth of lithium will be sold to US and Euro countries, ..... later.... 😁

xiaoeh

does it mean we human is going to start all over again from ameba or single cell...?

3 hours ago

Posted by AngTayKor > 4 weeks ago | Report Abuse

Posted by neohts > 1 day ago | Report Abuse
If TauRX fail, how LKT going to explain to all shareholders. LKT should step down as CEO.
---------------


Mashpee bonds worth rm1.8b wrote-off in 2018, LKT still CEO drawing rm200m salary no problem.


https://www.nst.com.my/business/2019/04/480606/genting-malaysias-rm18bil-mashpee-write-reversed

Posted by AngTayKor > 4 weeks ago | Report Abuse

How come can loan American red-indian tribe billions n end up the land cannot be developed n total write-off??? Veteran bizman like LKT so easy kena scammed? No proper USA legal advice or due diligence when doing this Mashpee land deal?

Posted by ImCK > 4 weeks ago | Report Abuse

ATK i had check mashpee land already settle this year the court case but dont know when the write back recover back

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

Taurx fail.
Nothing happened.
Taurx never existed.

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

Tomorrow will depend on whether those who bought Genting shares based on Taurx had finished selling or not.
This Alzheimer Serba fraud case will run for some time yet.

US universities, foundations etc etc had given USD Billions entirely based on fraudulent Alzheimer tau research papers.
Scientists do not lament the money stolen by fraud but the fact that for 16 years, Alzheimer research was focused on tau proteins based on fraudulent research reports.

Now its confirmed that tau proteins research are 100% fraudulent, Alzheimer research can focus back on the real causes of Alzheimer being Hayflick limit and stem cell deactivation.

=> Hopefully some real progress can be made.

Posted by AngTayKor > 4 weeks ago | Report Abuse

Posted by ImCK > 11 minutes ago | Report Abuse
ATK i had check mashpee land already settle this year the court case but dont know when the write back recover back
-----------

Where is the article? So GenM going ahead to to build the usd1B First Light casino in the City of Taunton? Or plan abandoned? Can GenM recover those rm1.8B loans to mashpee tribe?

Posted by ImCK > 4 weeks ago | Report Abuse

ATK here https://www.capeandislands.org/local-news/2024-04-03/mashpee-wampanoag-tribe-celebrates-legal-victory-over-land-in-trust but dont know when they want reflect in account only

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

RM 1.8 Billion mashpee write off small matter.

RM 1 Billion Taurx write off small matter.

Another RM 35 Biliion write off later?

No wonder Hedge Funds are lining up to dump sell Genting "Serba" shares 🤣👍🤜

Posted by AngTayKor > 4 weeks ago | Report Abuse

Until the rm1.8b repaid then can reverse the accounting write-off

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

Yeah
It's cosmetic
Unless you seize those Mashpee babies to sell off as prostitutes and gigolo.
There are no assets to enforce repayment.

Good Luck to imaginary recovery. 😁

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Genting share price is still influenced by Alzheimer "Serba" fraudulent research papers on tau proteins.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

If you scroll back up.

I had said "it's outgoings only" just like Margin Call movie ...hinting "Serba" shares are useless.

Also going back further further up to the Kicap Factory example.
Right from beginning I had informed you that Alzheimer is due to Hayflick Limit and stem cell deactivation.

Those tau proteins were already told to you right from beginning as intermediary products since machine stopped functioning.

Logic should have told you immediately that it's a huge Red Flag since tau proteins were never in the picture as the cause.

As to why these people did a "Serba" fraud, you must ask yourself who dangled RM Billions in front of their faces in the first place. 😁👍🤜

Posted by bearsong > 3 weeks ago | Report Abuse

Pariah, use your mouth to talk and not your xhole. Write off 35B and the market cap is only less than 15B? Don't waste time to keep talking kok here. Quickly ask your shorties gang to do their work.

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

PN17 and delisted
Already mentioned umpteen times.

Some people never graduated Kindergarden Maths 😁

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

You have only yourself to blame.

I had also mentioned Theranos repeatedly.
In Theranos or Serba fraud cases, you need to dump sell early to make massive profits. 😁

Posted by bearsong > 3 weeks ago | Report Abuse

No. TP 10c only. Speed up to sell it down. Simple maths and don't make it to complicated. Pariah you earn at least 3.5 to push down to 10c. 🤣

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Short Selling period is over.

Whales were officially informed about Theranos Serba tau protein fraud case in April 2024. These Whales immediately dumped all, no feelings.

Mass dissemination of Theranos Serba information in June 2024 to general public.

From June 2024 onwards, Orang Kampung bought Theransos Serba while main man slowly dumped sold off.

We are all here today.....😁

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Rumours about Theranos Serba tau protein fraud case went way back to 2022 at point of origin of the key Whistle-blower.
Scientists like YANG et al already stopped more verification work to determine fraud case once they reached few hundred fraudulent brain images. No further need to confirm it's fraud case anymore, it's 100% confirmed fraud case.
Many whales who dump sold way back in 2022 made massive profits

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

The IDSS volume for Genting today = Zero = 0

Like I said before, the short Selling period is over.....

O ye of little faith.... 😁

Posted by ImCK > 3 weeks ago | Report Abuse

ATK i dont think so because they got state once the project can be continue then can be anytime recover back impaire

Posted by AngTayKor > 3 weeks ago | Report Abuse

Better try to recover back those loans dont do another USA casino going to cost usd1b. Our hands already full with 2 useless American cousins NY + LV keep losing money.

Posted by AngTayKor > 3 weeks ago | Report Abuse

Ask LKT himself go n collect back the rm1.8b from red-indian tribe O$P$. Later kena shoot arrow, poison darts, chased by spears n parangs. How come can loan such a tribe billions? Kee siow.

Posted by AngTayKor > 3 weeks ago | Report Abuse

Will you lend orang asli tribe rm1.8b?

Posted by ImCK > 3 weeks ago | Report Abuse

The Mashpee Wampanoag Tribe of Massachusetts has borrowed more than $90 million from its gaming partner, money that must be repaid with 16.5 percent interest,

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

repaid?
kikikikikiki
coincidentally North Korea bought 1,000 Volvos from Sweden and had never paid a single Krona.

They even lost on those shipping insurance and dock charges