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Genting slips amid borrowing concerns.

Business Times (Malaysia)

| September 13, 2006 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

(From Business Times (Malaysia))

SHARES of gaming group Genting Bhd fell amid concerns that its borrowings may swell following purchase of the UK's largest casino operator, Stanley Leisure plc.

Genting lost 60 sen, or 2.4 per cent, to close at RM24.40.

Its overseas investment unit, Genting International plc, wants to buy the remaining 80 per cent stake it does not own in Stanley Leisure for 860 pence a share. That values Stanley at STG639 million (RM4.4 billion).

Most of the analysts viewed the price as fair for the sake …

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