GENM

2.580

-0.04 (-1.5%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS GENTING MALAYSIA BERHAD ("GENM" OR "COMPANY") I. PROPOSED ACQUISITION BY GENM OF SHARES IN EMPIRE RESORTS, INC. ("EMPIRE") FROM KIEN HUAT REALTY III LIMITED ("KH") II. PROPOSED JOINT VENTURE BETWEEN GENM AND KH TO PRIVATISE EMPIRE

GENTING MALAYSIA BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
GENTING MALAYSIA BERHAD ("GENM" OR "COMPANY")

I.	PROPOSED ACQUISITION BY GENM OF SHARES IN EMPIRE RESORTS, INC. ("EMPIRE") FROM KIEN HUAT 
        REALTY III LIMITED ("KH")
II.	PROPOSED JOINT VENTURE BETWEEN GENM AND KH TO PRIVATISE EMPIRE

The Board of Directors of GENM (“Board”) refers to the announcements dated 6 August 2019, 15 August 2019, 20 August 2019, 5 November 2019 and 14 November 2019 (“Announcements”) in respect of the Proposed Transactions. The definitions used throughout this announcement, unless stated otherwise, shall have the same meaning(s) as those used in the Announcements.

 

With reference to GENM’s announcement on 14 November 2019, the Board wishes to announce the successful completion of the Proposed Merger under the terms of the Merger Agreement. JVCo and Empire have taken the necessary steps to delist all Empire Common Stock from the Nasdaq Global Select Market and expect to deregister all Empire Common Stock under the Securities Exchange Act of 1934, as amended.

 

The completion of the Proposed Merger, which took place on 15 November 2019 (United States Eastern date/time), marked the completion of the Proposed Transactions.

 

For further information, all material filings by Empire with the Securities and Exchange Commission can be found here:

https://www.sec.gov/cgi-bin/browse-edgar?CIK=NYNY&owner=exclude&action=getcompany&Find=Search

 

This announcement is dated 18 November 2019.






Announcement Info

Company Name GENTING MALAYSIA BERHAD
Stock Name GENM
Date Announced 18 Nov 2019
Category General Announcement for PLC
Reference Number GA1-14112019-00007