Today: 9 June 2026
Genting Singapore share price (SGX:G13) in focus after Lim Kok Thay takes Resorts World Sentosa chair
31 January 2026
1 min read

Genting Singapore share price (SGX:G13) in focus after Lim Kok Thay takes Resorts World Sentosa chair

Singapore, Jan 31, 2026, 15:32 SGT — Market closed

Genting Singapore shares closed Friday at S$0.735, gaining 0.68%. Eyes will be on the stock when trading resumes after acting CEO Lim Kok Thay was named chairman and director of Resorts World at Sentosa Pte Ltd, effective Feb. 1. The stock fluctuated between S$0.730 and S$0.740 on roughly 32.8 million shares. According to the filing, the RWS CEO will continue managing daily operations.

The timing is crucial as investors gear up for fresh updates on the group’s key asset, Resorts World Sentosa, a sprawling integrated resort that includes a casino, hotels, and entertainment venues. Genting Singapore has informed the Singapore Exchange that it will publish its full-year 2025 results on Tuesday, Feb. 24, after the market closes.

DBS analyst Chee Zheng Feng maintained a “hold” rating and an 80 Singapore-cent target price on RWS after his latest review. He said the company is “better positioned” to regain high-roller business now that renovations are mostly complete. Still, he warned investors might stay “sceptical” about Genting’s ability to rival Marina Bay Sands in retaining the “whales,” or high-spending customers. Chee estimated that keeping VIP market share could boost EBITDA by around S$30 million. The Edge Singapore

At CGS International, analyst Tay Wee Kuang kept his “add” rating and 78.5-cent target intact but flagged weaker tourism growth as a potential risk. He highlighted Singapore Tourism Board figures showing visitor arrivals rising just 4.9% in October and 4.8% in November. That suggests RWS might keep losing market share in Q4, despite new draws like the Singapore Oceanarium and the all-suite Laurus hotel coming online. The Edge Singapore

Singapore stocks dipped on Friday, with the Straits Times Index slipping 0.5% following Wall Street’s losses overnight. Genting’s shares bucked the trend, closing higher as investors debated if the change in chairmanship would spark a genuine catalyst or simply fade as noise.

The appointment happens at the operating-company level, yet it narrows the gap between the listed parent and the resort’s boardroom. In a market where the VIP segment can shift rapidly, governance and speed of execution draw nearly as much scrutiny as quarterly earnings.

Casino results often depend on factors that don’t translate easily across companies: VIP volumes might rest on just a few big players, while “hold” — the portion of wagers the house retains — can skew quarterly comparisons. Any slowdown in travel or new discounting at the two Singapore resorts would squeeze margins.

On Monday, traders will watch closely to see if the stock can stay above the 73-cent mark where it finished last week, and if the weekend filing sparks any fresh buying interest. Additional broker commentary on fourth-quarter gaming trends might also shake things up.

The bigger test arrives on Feb. 24, when Genting Singapore releases its full-year results. That’s when investors will get a clearer picture of VIP play, hotel pricing, and the expenses tied to the next phase of its resort overhaul.

Stock Market Today

  • NSE to Channel 10% of CSR Funds via Social Stock Exchange Post Regulatory Nod
    June 9, 2026, 10:43 AM EDT. The National Stock Exchange (NSE) will allocate 10% of its annual corporate social responsibility (CSR) budget to projects listed on the NSE Social Stock Exchange (SSE), following fresh regulatory approval. This move utilizes Zero Coupon Zero Principal (ZCZP) instruments, enabling CSR spending through social impact bonds. NSE's decision, approved by its CSR Committee and enabled by a May 27 notification from the Ministry of Corporate Affairs, aims to boost India's social impact financing ecosystem by promoting transparency and accountability. Since its February 2023 launch, NSE-SSE has raised over Rs 44.5 crore for sectors like healthcare and education. NSE hopes other corporates will follow suit, expanding impact investment via a regulated capital markets platform designed by securities regulator SEBI to fund social enterprises and non-profits.

Latest articles

Autozi Shares Jump 400%, Filing Flags Risks for AZI

Autozi Shares Jump 400%, Filing Flags Risks for AZI

9 June 2026
Autozi Internet Technology shares soared over 400% to $5.69 in early Nasdaq trading after a 10-for-1 share consolidation slashed its share count to about 4.49 million, but the surge contrasts with a 63.1% revenue drop, 82.5% plunge in gross profit, and widened net loss, with the company warning of “substantial doubt” about its ability to continue as a going concern.
Redwire Shares Slip After $500 Million Stock Offering Filed

Redwire Shares Slip After $500 Million Stock Offering Filed

9 June 2026
Redwire Corp shares plunged 6.5% to $17.37 after launching a $500 million at-the-market stock program, raising dilution risks for investors as the company seeks flexible funding despite recent record backlog and strong revenue growth; the drop contrasted with gains at other space stocks, highlighting investor concern over potential share issuance.
Nuvalent Trades Close to $124 After GSK’s $10.6 Billion Offer

Nuvalent Trades Close to $124 After GSK’s $10.6 Billion Offer

9 June 2026
Nuvalent shares soared 38.9% to $122.93, just below GSK’s $124-a-share cash offer after the $10.6 billion buyout was announced, as investors bet on the deal closing with Nuvalent’s two lead lung-cancer drugs already under FDA review and a 40% premium to the last closing price driving the morning’s merger-arb trade.
Regentis Biomaterials Stock: Tiny RGNT Is Back In Focus Before The Bell

Regentis Biomaterials Stock: Tiny RGNT Is Back In Focus Before The Bell

9 June 2026
Regentis Biomaterials shares dipped 2 cents to $1.28 premarket after the company announced European surgeon training for its GelrinC knee implant will begin in Q3, marking a key commercial step but leaving investors waiting for revenue proof as the stock trades far below its $8 IPO price.
Wilmar International share price slips to S$3.39 as palm oil turns lower — what to watch before Feb 26 results
Previous Story

Wilmar International share price slips to S$3.39 as palm oil turns lower — what to watch before Feb 26 results

Haleon shares close higher in London as investors turn to Feb. 25 results
Next Story

Haleon shares close higher in London as investors turn to Feb. 25 results

Go toTop