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Cheng, 2nd request for more information by MHRA was Oct 2025. Since then, it’s very quiet, which I supposed is a good thing. According to reliable source, the additional info was submitted by Taurx around May2026, and just recently concluded that no more additional information requested by MHRA and CHM.
Rest assured that there is zero problems for GenM to raise fresh capital for RWNYC expansion. Just for your information, GenM just gotten $500M refinancing facility with Miami Omni centre.
Therefore it’s important to let more people know that Genting needs the money(dividend) from GenM to continue their operation. LKT can do whatever stunt he likes to GenM, but end of the day, GenM still got to pay good dividends to Genting. When dividends are good, share price will automatically goes up.
I don’t think minorities are stupid to accept anything lesser than first offer. After all, Genting needs dividends from GenM to sustain their operations and dividends payout. Minorities just need to hold on to their shares to enjoy the high dividend yield.
