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Is Genting Taking On More Than It Can Manage?

Is Genting Taking On More Than It Can Manage?

Morning Brief

August 29, 20199m 42s

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Show Notes

We speak to Erlin Salim, Director of Fitch Ratings, to understand why it revised the outlook on Genting Berhad  from stable to negative. Fitch tells us that with a more aggressive investment strategy, the risk is higher-than-expected leverage and weaker earnings performance.

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Topics

HospitalityTourismConventionsEconomyMarketsFitch RatingsGentingnegativeinvestment strategycapital disciplinecredit profile