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The privatisation in long term shall benefits Genting as GenM is fairly undervalue while thereafter it may consolidate 100% GenM profit to the group instead of 49.5% while the New York license, Miami assets easily profit US1 billion is good enough to use RM6.7 bil to privatise GenM.. future if GenM relist back also may benefits Genting. GenM current NTA is RM2.07 while privatise at RM2.35, Genting NTA is at RM8.23 now but one main disadvantage will increase Genting debt gearing from 0.43 to 0.5
Later like Ananda Krishnan privatised Maxis in 2007 and relist in 2009 just 2 yrs+.. wait till GenM back to track consistent yearly billion profit and get New York license then listed again they play all liao..