Today: 19 May 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

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