Genting Singapore was responding Singapore Exchange’s queries unusual trading queries from the Singapore Exchange last Friday.
Lim holds the same executive chairman position at Genting Singapore.
Genting Singapore did not name which is party or parties that made the approach.
According to Bloomberg, US casino operator MGM International made overtures to buy over Genting Singapore, which operates Resorts World Sentosa.
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Genting Singapore’s share price rose as much as 9.3% on Friday, July 15, to 82 cents, before easing to 81 cents, before trading halt was called.