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Google AI:
"No, a 65% stake is not enough for Genting to delist GenM, as the requirement under the Malaysian Code on Take-overs and Mergers is typically a 75% threshold for a successful privatization and delisting. While Genting could make an offer, it would need to acquire an additional 10% of GenM's shares to reach this threshold and gain approval for delisting."
Google AI:
"Owning 51% of Genting Malaysia (GENM) does not give Genting (GENT) the power to call an EGM and unilaterally force the company's shares to stop trading indefinitely on the KLSE. Delisting is a regulated process that requires a higher threshold of shareholder approval and compliance with Bursa Malaysia's listing requirements."
I think Google AI means it is smarter than Xenomorph, hahaha:)
Google AI:
"In short, a Xenomorph would likely outsmart me in a physical survival scenario in a dark corridor, while I can provide you with a comprehensive analysis of Xenomorph biology and film history [2]. We possess fundamentally different, incomparable types of 'intelligence.'"
Google AI:
"Using historical stock price trends and patterns to predict future prices is a common practice in financial analysis, but it does not guarantee future results. Modern techniques, including machine learning and deep learning, offer significant improvements in identifying patterns and forecasting, but stock prices are influenced by a vast number of factors, including unpredictable events, and are not fully predictable."
Which one? GENT is also down:) But, GENM can get through the coming currency storms better and be protected by the stronger ringgit, mind you? I hate to guess, but the large volume of GENM shares willing to trade way below RM2.36 means the speculative syndicates hoping for LKT's higher offers are disappointed:)
In addition, it is not absolute good news to be successful on NY Casino licence under current scenario as huge CAPEX and expensive borrowings required. Terms of the licensing also not lucrative (high gaming tax on slot machines and short licensing period of only 10 years).
