TheSun 2009-09-10 Page15 Genting Spore Plans Billion-Dollar Rights Issue

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theSun | THURSDAY SEPTEMBER 10 2009 15

business KLCI
STI
1,196.46
2,650.48
5.61
10.43
Nikkei
TSEC
10,312.14
7,250.72
81.09
63.27
Hang Seng 20,851.04 218.77 KOSPI 1,607.77 11.92
SCI 2,946.26 15.78 S&P/ASX200 4,522.2 1.6

market summary SEPTEMBER 9, 2009

INDICES
FBMEMAS
CHANGE
8,053.70 -40.12
Bursa shares close lower on profit taking
FBM-KLCI 1,196.46 -5.61 SHARE prices on Bursa Malaysia opened 1.59 points higher at 7,839.29, the FBM70 declined
INDUSTRIAL 2,632.66 -18.08 closed easier as most investors 1,203.66. 30.94 points to 7,915.22 and the
CONSUMER PROD 364.69 -1.03 cashed out their profits after “The key index was unable to FBM Ace Index lost 24.18 points
INDUSTRIAL PROD 89.67 -0.56 the market barometer hit a 14- sustain its 1,200-points level, last to 4,098.37.
CONSTRUCTION 228.89 -2.41 month high yesterday, dealers seen in June 2008, as profit tak- The Finance Index slipped
TRADING SERVICES 157.80 -1.48
FINANCE 9,666.23 -26.13
said. ing on large-cap stocks trimmed 26.13 points to 9,666.23 and the
PROPERTIES 783.11 -6.37 The downtrend was in tan- earlier gains,” one dealer said. Industrial Index narrowed 18.08
PLANTATIONS 5,960.50 +35.27 dem with mild losses suffered “However, positive gains points to 2,632.66.
MINING 318.15 UNCH in some major regional bourses recorded in plantation-related The Plantation Index how- EXCHANGE RATES September 9, 2009
FBMSHA 8,304.46 -32.93 despite the overnight gains on stocks, due to high crude palm ever, was up 35.27 points to
FBMACE 4,098.37 -24.18 Wall Street. oil prices, helped limit losses,” 5,960.50. Foreign currency Bank sell Bank buy Bank buy
TECHNOLOGY 16.31 -0.19 The FBM KLCI closed 0.5 % he said. Losers outpaced gainers 441 TT/OD TT OD
TURNOVER VALUE or 5.61 points lower at 1,196.46, The FBMEmas fell 40.12 to 231 while 212 counters were 1 US DOLLAR 3.5280 3.4630 3.4530
after hitting a high of 1,204.83 in points to 8,053.70, the FBM unchanged and 371 others were 1 AUSTRALIAN DOLLAR 3.0840 2.9490 2.9330
647,634mil RM1.069bil
intra-day trading. The key index Top 100 gave up 35.54 points to untraded. – Bernama
1 BRUNEI DOLLAR 2.4810 2.4200 2.4120
1 CANADIAN DOLLAR 3.2850 3.2040 3.1920
1 EURO 5.1280 5.0040 4.9840

Genting S’pore plans


1 NEW ZEALAND DOLLAR 2.4910 2.3810 2.3650
1 PAPUA N GUINEA KINA 1.4340 1.1920 1.1760
1 SINGAPORE DOLLAR 2.4805 2.4200 2.4120
1 STERLING POUND 5.8390 5.6970 5.6770
1 SWISS FRANC 3.3810 3.2990 3.2840
100 ARAB EMIRATES DIRHAM 97.8100 92.5400 92.3400
City ignored

billion-dollar rights issue


100 BANGLADESH TAKA 5.3400 5.2100 5.0100
warnings 100 CHINESE RENMINBI N/A N/A N/A
over Helan’s 100 DANISH KRONE 70.9300 65.1800 64.9800
‘contract’ 100 HONGKONG DOLLAR 46.3300 43.8800 43.6800
pg 31 100 INDIAN RUPEE 7.5500 6.9300 6.7300
100 INDONESIAN RUPIAH 0.0368 0.0314 0.0264
SINGAPORE: Gaming operator “The rights issue will strengthen market capitalisation of S$11.5 billion 100 JAPANESE YEN 3.8320 3.7380 3.7280
Genting Singapore yesterday an- the company’s financials and put us (RM27.83 billion), is building a casino 100 NEW TAIWAN DOLLAR N/A N/A N/A
nounced plans for a rights issue to in a strong position to tap strategic op- resort in the city-state’s Sentosa island.
raise S$1.63 billion (RM4 billion) to portunities,” said managing director It said the S$6.59 billion (RM15.95 100 NORWEGIAN KRONE 61.4400 56.4500 56.2500
fund future expansion. Justin Tan. billion) Resorts World at Sentosa is 100 PAKISTAN RUPEE 4.3700 4.0700 3.8700
The company, part of Malaysian Existing Genting Singapore share- scheduled for a soft opening early 100 PHILIPPINE PESO 7.4600 6.9900 6.7900
gaming conglomerate Genting Ber- holders can subscribe for new shares next year. 100 QATAR RIYAL 98.4700 93.6600 93.4600
had, said it would use 60% of the funds at 80 cents each, which represents a Resorts World at Sentosa is one of 100 SAUDI RIYAL 95.5400 90.8800 90.6800
raised to pursue business opportuni- discount of 32.8% to the company’s two casino resorts under construc- 100 SOUTH AFRICAN RAND 48.7400 44.6000 44.4000
ties in the leisure, hospitality and closing price of S$1.19 (RM2.88) on tion in Singapore. Las Vegas Sands is
gaming sectors. The rest of the money Tuesday on the local exchange, it building the city-state’s other casino, 100 SRI LANKA RUPEE 3.1700 2.9200 2.7200
will be set aside for working capital said. called Marina Bay Sands, near the 100 SWEDISH KRONA 51.9900 47.2600 47.0600
purposes, it said in a statement. Genting Singapore, which has a business district. – AFP 100 THAI BAHT 11.1200 9.4300 9.0300
Source: Malayan Banking Berhad/Bernama

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