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Last claim checked November 11 FEEDRSSJSON

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10 November
11:00 pm

Genting announced plans to raise about 1.25 billion ringgit (US$306 million) through a renounceable rights issue.

Supported

scmp.com said this

11:00 pm
Why this verdict View evidenceHide evidence
Why we checked itSpecific fundraising amount and structure are verifiable against Genting's bourse filing.
What we foundThe claim is fully supported: Genting announced on October 9, 2026 a renounceable rights issue to raise RM1.25 billion (US$306 million), confirmed by its own Bursa Malaysia filing and independently reported by multiple outlets with original coverage.
Sources checked
  • Bursa Malaysia filing (via The Edge Malaysia) — Primary source — independently confirmed RM1.25 billion renounceable rights issue from official exchange filing
  • The Star (Malaysia) — Independent confirmation from official Bursa Malaysia filing, with additional detail on fund allocation
  • Bloomberg — Independent confirmation of RM1.25 billion / US$306 million renounceable rights issue
  • GGRAsia — Corroborating source citing Bursa Malaysia filing directly
  • Free Malaysia Today — Corroborating source with same figures (RM1.25 billion / US$306 million)
  • SCMP (source article) — Article under review — figures consistent with all other sources
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