https://youtu.be/FBQwVVixcrk?si=0ZFRS6qGutRa4Ms6
Genting RM1.25B Rights Issue: Red Flag or Golden Opportunity? @YZFinanceMY⁩ 

Genting Berhad has announced a RM1.25 billion rights issue—leaving many retail investors wondering whether it is a red flag or an opportunity.

Here is a quick breakdown of what is happening on the balance sheet:
• Purpose of Funds: RM800 million will go toward repaying short-term borrowings to save over RM40 million in annual interest costs, with RM429 million allocated