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Genting, GenM shares down after the passing of late founder's widow

Mimi Sabreena 4:37:00 PM Informasi

KUALA LUMPUR (Aug 25): Shares in Genting Bhd and Genting Malaysia Bhd (GenM) declined rapidly today after news broke that the widow of late founder Tan Sri Lim Goh Tong had passed away.

Puan Sri Lee Kim Hua, 88, was reported by China Press to have passed away this morning.

Genting Malaysia was the third largest decliner on the stock exchange as at 3.30pm today, falling 25 sen or 4.13% to RM5.80 apiece.

Meanwhile, parent group Genting also ranked among the top 10 decliners in afternoon trade, falling 16 sen or 1.63% to RM9.63 per share.

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