Genting takes full ownership of restaurant operator – Business News


KUALA LUMPUR: Genting Malaysia Bhd ’s (GenM) Birmingham, England-based indirect unit, Genting Solihull Ltd, has acquired the remaining 49% shareholding in restaurant operator Waters Solihull Ltd.

Genting Malaysia,  which operates Resorts World Genting and other resorts locally and overseas, told Bursa Malaysia that the considerations for the acquisitions were nil pursuant to the shareholders’ agreement previously agreed between the shareholders of WSL.

Waters Solihull was incorporated in the UK in July 2016 for the purpose of operating a restaurant.


Read more : thestar

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