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Encyclopedia > Genting Group
Genting Berhad
Type Public (Bursa Malaysia:GENTING)
Founded founded 1965, incorporated 1968
Headquarters Head office in Kuala Lumpur, Malaysia
Key people Tan Sri Lim Kok Thay (CEO)
Tun Mohammed Hanif bin Omar (Deputy Chairman)
Industry Tourism
Products Resort, Casino
Revenue 5.45 billion MYR 2005
Employees 36 000 globally
Slogan "Growth from Strength to Strength"
Website http://www.genting.com.my

Genting Group is the trading name of Genting Berhad, established in 1964 by Malaysian entrepreneur Tan Sri Lim Goh Tong. The group's pioneer project is Genting Highlands Resort, the main attraction of the resort is its casino and theme park. It is one of the most popular tourist destination in Malaysia. A public company usually refers to a company which is permitted to offer its securites (i. ... The Bursa Malaysia or Malaysia Exchange, MYX previously known as Kuala Lumpur Stock Exchange (KLSE, Bursa Saham Kuala Lumpur in Malay) dates back to 1930 when the Singapore Stockbrokers Association was set up as a formal organisation dealing in securities in Malaya. ... 1965 (MCMLXV) was a common year starting on Friday (the link is to a full 1965 calendar). ... 1968 (MCMLXVIII) was a leap year starting on Monday. ... Nickname: KL Motto: Maju dan makmur (Malay: Peace and progress) Location in Malaysia Coordinates: Country Malaysia State Federal Territory Establishment 1857 Granted city status 1974 Government  - Mayor (Datuk Bandar) Abdul Hakim Borhan From 14 December 2006 Area  - City 243. ... Tourists on OÊ»ahu, Hawaii Tourism is travel for predominantly recreational or leisure purposes, and also refers to the provision of services in support of this act. ... Resorts combine a hotel and a variety of recreations, such as swimming pools A resort is a place used for relaxation or recreation, attracting visitors for holidays or vacations. ... This article or section does not adequately cite its references or sources. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Myr is often used in geology as a unit of one million years. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up slogan in Wiktionary, the free dictionary. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... 1964 (MCMLXIV) was a leap year starting on Wednesday (the link is to a full 1964 calendar). ... For the computer game previously called Entrepreneur, see The Corporate Machine. ... This is a Chinese name; the family name is æž— (Lim) Tan Sri Lim Goh Tong (Chinese: ; pinyin: ) is a prominent wealthy Malaysian Chinese businessman. ... Genting Highlands Hotel Genting Highlands Sunset over Genting Highlands The Genting Highlands Theme Park Genting Highlands (Malay: Tanah Tinggi Genting) (1700m above sea level ) is a mountain peak within the Titiwangsa Mountains of Peninsular Malaysia and is home to a famous mountain resort by the same name. ... This article or section does not adequately cite its references or sources. ... Theme Park is a simulation computer game designed by Bullfrog Productions, released in 1994, in which the player designs and operates an amusement park. ...


Genting Group trading as Genting Berhad is a publicly listed company on Bursa Malaysia. Genting group is made of the five listed companies. They are listed below. It employs over 36 000 globally and have 11 000 acres (44 km²) of prime resort land and 175 000 acres (708 km²) of land for plantation. The group combined market capitalisation is US $11 billion.

Contents

Group structure

  • Genting Berhad - This is the parent company and holding company that manages investment in other companies. Headquarters in Malaysia. Listed on Bursa Malaysia. Market Capitalisation is $US 4.9 billion.
  • Genting International PLC - (64% owned by Genting Berhad) - investment holding company
  • Resorts World Berhad - (57% owned by Genting Berhad) - It is involved leisure and hospitality, gaming and entertainment. Listed on Bursa Malaysia with market capitalisation of US $3.3 billion.
  • Asiatic Development Berhad (55% owned by Genting Berhad) - this is involved in plantation and property. Listed on Bursa Malaysia with US$ 0.7 billion market capitalisation.
  • Star Cruises Limited (36% owned by Genting Berhad) - listed on HKSE with US$1.6 billion market capitalisation. Star Cruises is involved in cruise services.

Diversification

From its initial leisure and hospitality activities, the Genting Group has since expanded and diversified into other activities including plantations, properties, paper and packaging, power generation, oil and gas, e-commerce and the development of information technology. One of its associated business is cruise line, the Star Cruises. Star Cruises is the third-largest cruise line in the world and the leading cruise line in Asia-Pacific. ...


Genting Group and its consortium partners won the bid in obtaining the second casino license and building an integrated resort in Singapore.[1] The project requirements includes hotel, gaming, leisure and recreational facilities, shopping. Thus, to create an iconic major tourist attraction that will take advantage of the booming Asian tourism market.


With the retirement of Tan Sri Lim Goh Tong, his son, Tan Sri Lim Kok Thay has taken over the responsibilities as Chairman, President and Chief Executive of Genting Group.


External links

  • Official website
  • Genting International Proposal - Genting International Proposal (The Winner of Sentosa IR)

Reference

  1. ^ http://www.wildsingapore.com/news/20061112/061208-5.htm#yn1

  Results from FactBites:
 
Genting Highlands - Wikipedia, the free encyclopedia (242 words)
Genting Highlands is a peak on the Titiwangsa Mountains in Peninsular Malaysia and it is home to a famous mountain resort straddling the border of the states of Pahang and Selangor.
It can be reached by car or by the fastest moving cable car of Southeast Asia which travels at the speed of 6 m/s.
Genting Highlands functions every year as the finish of a stage in the Tour de Langkawi cycling race.
Genting still keen on Loy Yang - Business - theage.com.au (378 words)
The Malaysian group Genting Bhd is believed to be back in the race to buy Loy Yang Power after dropping out months ago, reportedly at the behest of Malaysian Prime Minister Mahathir Mohamad, who was angry at Australia's stance in the Iraq war.
Genting is believed to have made representations to the Australian Competition and Consumer Commission over the Australian Gas Light consortium's $3.5 billion bid for the generating giant.
Genting is unable to actively participate in the current Loy Yang sale process because the AGL consortium has signed an exclusive agreement to deal with the Loy Yang vendors, Horizon Energy, CMS Energy and NGC.
  More results at FactBites »


 
 

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