Will Genting Sell Asiatic?

Genting is a cash cow by all measure. However, with the new Sentosa Island project and the operations in the UK, can it raise capital through normal organic growth?

Resorts World has sold some notes on the market to raise capital which is a very strange thing to do for another cash cow? Then , what about the albatross around it's neck-The Floating Flotilla of Doom call the Star Cruises? Dump it and raise cash for the new projects?

My belief is Asiatic will the last card they will play in this game and so I think they would not sell Asiatic to IOI in spite of the market rumours which have push both Genting and Asiatic shares up today.

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