Genting Jumps 7% After $1.6 Billion Offer for Malaysian Unit

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October 13, 2025 at 8:44 AM UTC

Updated on

October 14, 2025 at 2:37 AM UTC

Genting Bhd. shares rose by the most in more than three years after the gaming firm made a 6.7 billion ringgit ($1.6 billion) offer to take its Malaysian unit private.

The stock climbed as much as 7% on Tuesday, the most since 2022, as trading resumed. Meanwhile, Genting Malaysia Bhd. surged as much as 10% to 2.36 ringgit, reversing losses for the year.