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Circular/Notice to Shareholders

GENTING MALAYSIA BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISPOSAL OF THE MIAMI HERALD LAND FOR A TOTAL CASH CONSIDERATION OF UNITED STATES DOLLARS 1.225 BILLION (EQUIVALENT TO APPROXIMATELY RM5.482 BILLION) EITHER BY (1) GENTING FLORIDA LLC (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF GENTING MALAYSIA BERHAD) TO SMART CITY MIAMI, LLC ("PURCHASER") OF 100% OF THE ISSUED AND OUTSTANDING MEMBERSHIP INTERESTS IN RESORTS WORLD MIAMI LLC ("RW MIAMI") WHICH HOLDS THE MIAMI HERALD LAND; OR (2) RW MIAMI OF THE MIAMI HERALD LAND TO THE PURCHASER


Please refer attachment below.



Announcement Info

Company Name GENTING MALAYSIA BERHAD
Stock Name GENM
Date Announced 31 May 2023
Category Document Submission
Reference Number DCS-31052023-00012



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