Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
RAM Ratings has reaffirmed the AA1/Stable/P1 corporate credit ratings of Genting Berhad and Genting Malaysia Berhad (GenM), maintaining confidence in the group’s diversified business profile and strong liquidity despite potential leverage pressures stemming from its proposed privatisation of GenM.
In its latest review, the ratings agency said GenM’s ratings continue to reflect its close operational integration with Genting and a “very high” likelihood of parental financial support if required.
RAM noted that Genting’s robust business profile remains underpinned by its diversified global footprint across the gaming and leisure sectors in Malaysia, Singapore and the United States, alongside interests in plantations, power generation, property and oil and gas. These sectors, it said, help mitigate concentration risk and provide a steady foundation for the Group’s earnings. https://www.businesstoday.com.my/2025/10/22/ram-affirms-genting-groups-aa1-ratings-cautions-limited-debt-headroom/
