Is Genting Taking On More Than It Can Manage?

Morning Run · Morning Brief · 29 Aug 2019 · 07:15 am · 9 mins listen

We speak to Erlin Salim, Director of Fitch Ratings, to understand why it revised the outlook on Genting Berhad from stable to negative. Fitch tells us that with a more aggressive investment strategy, the risk is higher-than-expected leverage and weaker earnings performance.

Presented by:

Lyn Mak,Khoo Hsu Chuang,Wong Shou Ning

Categories:

Travel,Business Analysis,Trends and Forecasts,Markets,Investments

Tags:

Fitch Ratings, Genting, negative, investment strategy, capital discipline, credit profile

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