The investment aims to fund the working capital requirements of GAL.
The Board of Directors of Genting Singapore PLC announced that the company will be increasing its investment in its wholly-owned subsidiary Genting Alderney Limited from £6,450,000 to £7,528,000.
The increase will be made by subscribing 1,078,000 redeemable preference shares at £1.00 each, for a cash consideration of £1,078,000.
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