Keith Lim's comment on GENTING. All Comments
Keith Lim
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3.2 mari mari
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1 week · translate ·
cheng
wait after budget first and followed by Q3 results. Funds/insti unlikely to take risk at current price given budget is around the corner. Sin stocks are sensitive to regulatory and tax :(
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cheng
Federal revenue is projected to rise 4.0% year-on-year to RM353.3 billion, supported by higher tax collections from the expanded sales and service tax (SST), the rollout of e-invoicing, tighter compliance, and potential hikes in “sin taxes.” https://www.businesstoday.com.my/2025/09/21/budget-2026-malaysia-expected-to-push-ahead-with-fiscal-consolidation/
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cheng
sugar, alcohol, gaming and tobacco. which industry will be hit with the potential hikes in taxes? answer will be revealed in two weeks time.
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