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it could remain as value in the books. not that the shareholders would be rewarded via the US listing with special dividends. Probably the capital raise with US IPO could be used to par down some debts and also reinvested in more US assets or business especially for the development of NY casino. in the mid to long run, it still remains with how the market value GenT. book value such as NTA just remain as accounting number. just see the NTA now and how the market value it with huge discount
10 more days for settlement with Universiti Islam Melaka or back to court case..Melaka gonna has election this year, court case would be bad for the UMNO gov in Melaka. can't even provide and manage student accommodations to students. what a negative publicity for the opposition to drum up.
haha. market doesn't trust what the Gent boss said. no effect on share price when launching such a big and huge project in Johor. take it with a pinch of salt knowing how the boss has tricked the shareholders all these years
need to borrow lot of money to develop such mega project. already spending a lot for NY casino, RWS 2.0. nt forgetting many assets are being locked down and not selling.