Genting Berhad is the investment
holding and management company of Genting Group. Genting Group was founded by
the late Tan Sri (Dr.) Lim Goh Tong in 1965 when he began the initial
development works of building a 20-kilometre private access road, across tough
mountainous terrains from the foothills to the summit of Mount Ulu Kali, located
at 2,000 metres above sea level.
The company was incorporated under the Companies Act 1965 on 30 July 1968 under
the original name of Genting Highlands Hotel Sdn Bhd to operate a hotel and
casino, and to develop an integrated tourist complex in Genting Highlands,
Malaysia. Genting’s company registration number is 7916-A. The company changed
its name to Genting Highlands Hotel Berhad upon its its conversion into a public
company on 24 July 1970. It assumed its present name of Genting Berhad on 9 June
Genting Berhad is 39.7% owned by Kien Huat Realty Sdn Bhd, a private company
controlled by the late Tan Sri (Dr.) Lim Goh Tong’s family.
Genting Group via Genting Berhad became involved in palm oil production in 1980
with the acquisition of The Rubber Trust Group, comprising three Hong Kong
plantation companies which owned approximately 13,660 hectares of plantation
land in Peninsular Malaysia. This division under listed entity Genting
Plantations Berhad now has about 228,300 hectares of land in Malaysia and
Indonesia. It is one of the leading and lowest cost palm oil producers in
The shares of Genting Berhad were listed on the Main Market of Bursa Malaysia
Securities Berhad in 1971. A restructuring exercise was undertaken in 1989,
which involved the initial public offering and listing of Genting Malaysia
Berhad on Bursa Securities and resulted in Genting Berhad's becoming an
investment and management company.
Genting Group via Genting Berhad became involved in the electricity power
generation and supply and the paper manufacturing businesses in 1994, with the
acquisition of Genting International Paper Holdings Limited, and in the
exploration and production of oil and gas in 1996 under Genting Oil & Gas
Limited. In July 2007, the Group divested its paper and packaging business to
focus on its core businesses.
Genting Berhad's registered office is located at 24th Floor, Wisma Genting,
Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.