“Management is confident that the OTP will open by 3Q20 (in line with our assumption) and stated that it is currently restarting the process that was stopped last year,” said RHB analysts Lee Meng Horng and Loo Tungwye following an investor day held at RWG, formerly known as Genting Highlands.

“However, judging from the stage of completion and aggressive staff hiring in the past few months, we do not discount the possibility of an earlier opening.”

According to Maybank Investment Bank Bhd’s Samuel Yin Shao Yang, any such scenario first requires Genting Malaysia to finish all construction work on the theme park by 1Q20 in order to fully test all rides and provide Fox Disney the chance to provide final certification.

It is expected that the theme park will have 25 rides when complete, some of which will utilize Fox intellectual properties as part of a recent settlement agreement reached between Genting Malaysia, Twenty-First Century Fox Inc and Walt Disney Co.

“For the remaining five rides, Genting Malaysia may employ intellectual properties from other studios but has not decided on which ones yet. This is why the outdoor theme park cannot reassume its previous name, 20th Century Fox World,” Yin said.

Bron: https://www.asgam.com/index.php/2019...r-3q20-launch/