Yokohama<\/a><\/em><\/strong> and Tokyo as areas of interest and has set aside a maximum budget of US$10 billion for developing an integrated resort.<\/p>\n\n\n\nAlthough Genting Singapore said it may submit multiple IR bids in Japan, it will not develop more than one IR in the country in the first seven years should it receive approval by the Minister of Land, Infrastructure, Transport and Tourism for its first IR.
<\/p>\n","protected":false},"excerpt":{"rendered":"
99.94% of shareholders voted in favour of the plans at a meeting yesterday.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Singapore shareholders have overwhelmingly approved the company's integrated resort development plans for Japan, allocating a maximum budget of US$10 billion. The operator intends to pursue bids in locations such as Osaka, Yokohama, and Tokyo, with a strategic commitment to develop only one IR within the first seven years post-approval. This shareholder mandate empowers the Directors to proceed with the proposed bid and investment.","focusai_entities":"Genting Singapore","focusai_location":"Japan, Osaka, Yokohama, Tokyo","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.8), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Regulatory Timeline?","query":"What is the projected timeline for Genting Singapore to secure the requisite B2C licensing and regulatory approvals from the Minister of Land, Infrastructure, Transport and Tourism for its Japan IR project?"},{"label":"Capital Allocation Impact?","query":"How will the US$10 billion maximum budget for the Japan IR project impact Genting Singapore's capital structure, debt-to-equity ratio, and shareholder return policy over the next fiscal cycles?"}],"footnotes":""},"categories":[160,28,16338,158],"tags":[1076,473,470,2131],"class_list":["post-3136","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-slider-home","tag-genting","tag-ir","tag-japan","tag-resort"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3136"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3136\/revisions"}],"predecessor-version":[{"id":777009210,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3136\/revisions\/777009210"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}