Content Writer: Janice Chew • Friday, 25/12/2025 - 23:00:18 - PM
Genting Bhd has resumed its on-market purchases of Genting Malaysia (GENM) shares this week, reinforcing a pattern of steady accumulation and bringing its ownership closer to the 75% delisting threshold set by Bursa Malaysia. The latest filing shows Genting Bhd buying 3.44 million shares at RM2.29, lifting its stake from 72.47% to 72.97%. This renewed activity comes after almost two months of no acquisitions, suggesting the parent company is once again signalling confidence in GENM’s valuation and future prospects.
Multi-source commentary from past analyst notes often frames such incremental purchases as long-term strategic positioning. Earlier in August–September 2025, Genting Bhd accumulated more than 191 million GENM shares, a significant move that analysts interpreted as price support and a way to consolidate group control. The latest round of buying maintains that trajectory, although analysts caution that crossing 75% would reduce GENM’s public shareholding to non-compliant levels, compelling the company either to restore the float or consider privatization options.
Beyond the regulatory angle, the broader market context also supports this action. Multi-source industry coverage has highlighted that Genting’s diversified earnings—from Malaysia to Singapore, the UK, and the US—have strengthened through 2024–2025 as tourism and gaming volumes recovered. Strength at Resorts World Genting and steady contributions from international properties may be reinforcing Genting Bhd’s conviction that GENM shares remain undervalued relative to their asset base and cash-flow visibility.
Although Genting Bhd still has some buffer before hitting the tipping point, sustained purchases naturally spark speculation. Should the group edge closer toward 75%, Bursa rules would require GENM to restore its public float or face potential delisting. For now, Genting Bhd appears content to accumulate gradually — enough to strengthen its influence but carefully measured to avoid automatic regulatory triggers. Investors are watching closely to see whether this pattern continues through year-end and if it hints at any larger structural intentions by the parent group.