Investment in Share Market

What is the best way to achieve financial freedom? Should you leave your money tucked away in the bank or plough it into the stock market where the potential for strong returns is greater but the chances of losing money is higher? Most people prefer stock market and why not? But do we know how shares reward an investor?

Tuesday, October 10, 2006

Genting is so HIGH!

Genting Bhd’s share price extended its gains, rising as much as 3.92% or RM1 to RM26.50 in early trade on Oct 10 on the positive outlook of its bid for Singapore's second casino licence.

Genting's odds for winning Singapore's second casino licence have been strengthened after the abrupt withdrawal of US gaming giant Harrah's Entertainment Inc from the race.

The deadline for bids is Oct 10 and the results will be known by year-end.

Genting is widely seen as the frontrunner because it would spending more than US$1 billion (RM3.7 billion) to bring in theme parks giant Universal Studios to build family attractions on the 49ha site on Singapore's resort island of Sentosa.

~ From TheEdgeDaily

posted by Ho Sang @ 12:55 PM  

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