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SDX Genting Malaysia Bhd (KL:GENM) is set to remain listed, after Genting Bhd (KL:GENTING) secured less than a 75% stake in the company following its privatisation bid. Genting said that at the close of its offer on Dec 1, it only managed to secure a 73.133% interest in GENM. Another 0.202% in acceptances were yet to be vetted. Genting had said it would not maintain GENM's listing status should the acceptance level for its RM2.35-a-share offer cause the company to fall below the 25% public shareholding spread. — Genting Malaysia to remain listed after Genting falls short of 75% ownership threshold