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SEVERAL weeks ago, newswires reported that Genting Singapore Ltd, a 52.7% subsidiary of Genting Bhd, had attracted multiple suitors one of which was MGM Resorts International interested in taking over the integrated resort in the city state. The US casino operator reportedly approached tycoon Tan Sri Lim Kok Thay the executive chairman and chief executive of Genting Bhd who controls some 45% of the conglomerate prompting Genting Singapore’s share price to rise as much as 9.3% to 82 cents on July 15 following the news report.