Broker Name: Maybank Investment Bank Berhad
Date of Report: November 28, 2025
Excerpt from Maybank Investment Bank Berhad report.
Report Summary
- Genting Malaysia (GENM) posted stronger-than-expected 3Q25 results, driven by higher gross gaming revenue (GGR), especially in the VIP and mass market segments at Resorts World Genting (RWG).
- Maybank raised its earnings estimates for GENM by 23-30% for FY25-27 and increased the target price to MYR3.27, maintaining a BUY call. The report highlights the potential upside from GENM’s bid for a downstate New York commercial casino license, which is not yet reflected in the current offer price.
Above is an excerpt from a report by Maybank Investment Bank Berhad. Clients of Maybank Investment Bank Berhad can be the first to access the full report from the Maybank Investment Bank Berhad website : www.maybank.com/investment-banking