Company Name
:
GENTING MALAYSIA BERHAD
Stock Name
:
GENM  
Date Announced
:
18/09/2013


Type
:
Announcement
Subject
:
OTHERS

Description
:
GENTING MALAYSIA BERHAD (the "Company" or "GENM")
Re-organisation of group structure

Announcement Details/Table Section :


The Board of Directors of GENM wishes to announce that Genting New York LLC, an indirect wholly-owned subsidiary of GENM, had on 13 September 2013, transferred its entire equity interest comprising 10 units of USD1.00 each in VendWorld, LLC, a limited liability company formed in the State of Delaware, to Genting Americas Inc., another indirect wholly-owned subsidiary of the Company, for a cash consideration of USD10.00 ("Internal Re-organisation").

As the Internal Re-organisation is between wholly-owned subsidiaries of the Company, none of the Directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the Internal Re-organisation.

The Internal Re-organisation has no impact on the net assets and earnings per share of the GENM group for the financial year ending 31 December 2013.

This announcement is dated 18 September 2013.


© 2013, Bursa Malaysia Berhad. All Rights Reserved.


distributed by