Daily Industry News Update (30 January 2022)

INDUSTRY NEWS (30 January 2022)

At sneak peek, Genting Malaysia says RM3.2b Genting SkyWorlds to be opened in Feb 2022

Genting Malaysia Bhd is reported to have told attendees at the casino and hotel operator’s pre-opening preview for the group’s estimated US$800 million (about RM3.2 billion) Genting SkyWorlds that the outdoor theme park is finally scheduled to open its doors to the public in February 2022 in time for the peak season during the Chinese New Year, which starts on Tuesday (Feb 1).

Pavilion REIT 4Q net property income rises 21% y-o-y on lower operating expenses

Pavilion Real Estate Investment Trust (REIT) saw its net property income (NPI) for the fourth quarter ended Dec 31, 2021 (4QFY21) rise 20.78% to RM82.69