The Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. The Group has over 40,000 employees globally, 11,000 acres of prime resort land and more than 80,000 hectares of plantation land.

The Genting Group (www.genting.com) is the collective name for Genting Berhad and its subsidiaries and associates that comprises five listed entities with a combined market capitalisation of about US$24.8 billion (*as at 31 December 2007).


 

(exchange rate: Approx US$ 1= RM3.31*)

The Group via Genting International P.L.C. (www.gentinginternational.com) is a leading resort development specialist with over 20 years of international gaming expertise and global experience in developing, operating and/or marketing internationally acclaimed casinos and integrated resorts in different parts of the world, including Australia, the Americas, Malaysia, the Philippines and the United Kingdom (“UK”).

In 2006, Genting International won a competitive tender to build and operate an integrated resort in Singapore’s Sentosa island, called Resorts World at Sentosa. To be opened in 2010, this integrated resort will house Universal Studios Singapore, Quest Marine Life Park – the world’s largest oceanarium and the offices of Mark Burnett Productions Asia

Genting International is also the largest casino operator in the UK where Genting Stanley subsidiary has a total of 47 casinos – 42 in provinces and 5 of the most prestigious casinos in London (i.e. Crocksford Club, Maxims Casino Club, The Colony Club, The Palm Beach and London Mint).

The Genting Group was founded in 1965 by the late Tan Sri Lim Goh Tong with the development of a beautiful highlands resort, named Genting Highlands Resort (www.genting.com.my). Located at the peak of Mount Ulu Kali, 2,000 metres above sea level and 58 kilometres from Kuala Lumpur in Malaysia, it is now one of the world’s leading integrated entertainment resorts, attracting 20 million visitors in 2007 (see History for further details).

Under the leadership of Tan Sri Lim Kok Thay, the Genting Group continues to grow from strength to strength. His commitment to excellence, innovation and growth has resulted in the birth of premier global brand names.

Genting Highlands Resort was voted the World’s Leading Casino Resort 2005 and Asia’s Leading Casino Resort from 2005 to 2007 by World Travel Awards.

The resort offers 6 hotels with 10,000 rooms, 60 fun rides, 170 dining and shopping outlets, mega shows, international business convention facilities and endless entertainment – all in one location. At 2,000 metres (6,000 feet) above sea level, it enjoys fresh cool climate all year round and splendid views of its natural surrounding highlands. One of its hotels, First World Hotel is the world’s largest hotel with 6,118 rooms (officially acknowledged by Guinness World Records and Ripley’s Believe It Or Not).

Genting Highlands Resort is owned and operated by Resorts World Bhd. In addition, Resorts World owns and manages the Awana chain of hotel resorts in Malaysia (www.awana.com.my), comprising Awana Genting Highlands Golf & Country Resort, Awana Kijal Golf, Beach & Spa Resort, Terengganu and Awana Porto Malai, Langkawi.

Star Cruises Limited (www.starcruises.com) is the world’s third largest cruise operator and Asia-Pacific’s leading cruise line. It has a combined fleet of 21 ships in service with two new ships due to be delivered by 2010. Star Cruises began its operations in 1993 in Singapore and has since expanded its presence globally – operating under internationally recognised brands of Star Cruises, Norwegian Cruise Line, NCL America, Orient Lines and Cruise Ferries.

Operating in Malaysia, India and China, the Group’s Power Division is a considerable force in the industry with a net attributable capacity of 1,450MW. Its two key assets are the 720MW Kuala Langat gas-fired plant in Malaysia and the 724MW Meizhou Wan coal-fired plant in Fujian, China. In March 2007, the Group divested its paper and packaging business to focus on its core businesses.

One of the country’s lowest cost producers of palm oil, the Genting Group’s plantation arm, Asiatic Development Berhad (www.asiatic.com.my), has over 80,000 hectares of land in Malaysia. It has some property development projects in the states of Johor, Kedah and Melaka and has entered a joint venture to develop more land in Indonesia into oil palm plantation.

Asiatic through its subsidiary Asiatic Centre for Genome Technology Sdn Bhd (ACGT), has also form a joint venture with Synthetic Genomics Solutions Inc (formerly known as Synthetic Genomics Inc) to explore the use of genomics-based techniques to improve yields and profit streams of oil palm.

The Oil & Gas division via Genting Oil & Gas Limited (www.gentingoil.com) is the only private Malaysian oil and gas production and exploration company and is active in China and Indonesia. In China, the Oil & gas division operates an onshore-enhanced recovery oilfield under a Petroleum Contract with Sinopec. In Indonesia, the division has interests in three Production Sharing Contracts signed with BPMIGAS (Indonesia’s oil and gas supervisory body).

The Genting Group will continue to grow from strength to strength as a leading Asian multinational corporation.

 

 

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