tony fung and genting, page-3

Genting have been trying to get a foothold in the casino market here for a while. The current cap of 10% ownership on echo shares has held them back, otherwise Echo would more than likely owned by Genting/Crown. Was a little bit of a dirty move by crown by buying up they're max shares in echo then getting rid of them all the same week they announced they would be apply for licence for Sydney. Anyway with the current performance of "The Star" it seems like there is barely enough patronage for one casino let alone 2/3. Hopefully new MD will liven things up