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PETALING JAYA: A casino would undoubtedly be the crown jewel in Vincent Tan’s gaming empire, but many have been left wondering whether the Berjaya Corp Bhd founder retains any such aspirations following the events of the last two days.
The long-term earnings might be reduced by 52pct, it says.
Here is a brief recap of some corporate announcements that made news on Tuesday (Feb 21) involving AirAsia X Bhd, DRB-Hicom Bhd, Sports Toto Bhd, Nestlé (Malaysia) Bhd, Star Media Group Bhd, George Kent (Malaysia) Bhd, Sunway Construction Group Bhd, MMAG Holdings Bhd, Focus Point Holdings Bhd and Nestcon Bhd.
Gaming and brewery stocks emerged to be the most in demand in afternoon trading on Thursday (Nov 24), after a bruising sell-off in the last couple of days, as Malaysia's political stalemate ended with the announcement of Datuk Seri Anwar Ibrahim as the 10th prime minister.
KUALA LUMPUR (Nov 24): As the leading political parties negotiate for a coalition they could work with to form the federal government following the just-concluded 15th general election (GE15), fears that policy changes under a more conservative administration could curtail the operations of gaming companies, number forecasting operators (NFOs) and breweries that have contributed RM1.86 billion in income taxes in the last two financial years, continue to weigh on the market.