About Genting Berhad

Genting Berhad operates as an investment holding and management company. The company engages in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences and biotechnology activities, with operations spanning across the globe, including in Malaysia (the company’s country of origin), Singapore, Indonesia, India, China, the United States of America, the Bahamas, the United Kingdom and Egypt. In the core leisure and hospitality business, the company and its brand affiliates market and offer a suite of products under a number of premier brands, including Genting, Resorts World, Genting Grand, Genting Club, Crockfords, Maxims, Crystal Cruises, Dream Cruises and Star Cruises. The company also has tie ups with established names, such as Universal Studios, Premium Outlets, Zouk, Hard Rock Hotel, Hilton and other renowned international brand partners. Segments Leisure & Hospitality This segment includes gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, tours and travel related services, development and operation of integrated resorts and other support services. Plantation This segment is involved mainly in oil palm plantations in Malaysia and Indonesia, palm oil milling and related activities. Power This segment is involved in generation and supply of electric power. Property This segment is involved in property development activities and property investment. Oil & Gas This segment is involved in oil and gas exploration, development and production activities. The company’s investments in life science companies, such as TauRx Pharmaceuticals Ltd and Genting TauRx Diagnostics Centre Sdn Bhd support research and clinical trials in the on-going fight against Alzheimer’s Disease from the perspective of early diagnosis and treatment. The company’s investments in Cortechs Labs Inc., DNAe Group Holdings Ltd, and Celularity Inc. aim to find ways to detect and treat diseases in the fields of oncology and neuro-degeneration. In the field of renewable energy, the company has invested in Elevance Renewable Sciences, Inc., a company that utilizes a Nobel Prize winning metathesis technology to create specialty chemicals from natural oils. Genting Singapore Genting Singapore is a renowned worldwide brand leader in sustainable integrated resort development, widely recognized for its flagship project Resorts World Sentosa. Through its commitment to sustainable development and practices, Genting Singapore aims to develop world-class integrated resorts that transform destinations, create jobs and re-invest in local economies. Genting Malaysia Genting Malaysia envisions to be the leading integrated resort operator in the world. Genting Malaysia’s business operations are primarily located in Malaysia, the United Kingdom, the United States of America and the Bahamas. In Malaysia, Genting Malaysia owns three operations namely Resorts World Genting, Resorts World Kijal and Resorts World Langkawi. The company operates casinos in the United Kingdom (Genting UK), including Resorts World Birmingham, the first integrated resort in the United Kingdom. Genting UK also operates Crockfords Cairo, an exclusive casino situated inside The Nile Ritz-Carlton Hotel in Cairo, Egypt. In addition, the company owns Resorts World Casino New York City in the U.S. (Genting US), as well as Resorts World Bimini in the Bahamas. Resorts World Genting is a premier integrated family leisure and entertainment resort situated at the peak of Genting Highlands in Malaysia. One of the country’s most popular destinations, Resorts World Genting welcomed 28.7 million visitors in 2019 while Genting UK and Genting US (including Resorts World Bimini) attracted over 4.0 million and 8.4 million visitors, respectively. Genting Plantations Berhad Genting Plantations has a landbank of about 242,800 hectares, comprising 64,600 hectares in Malaysia and 178,200 hectares (including the Plasma schemes) in Indonesia. It owns seven oil mills in Malaysia and four in Indonesia with a total milling capacity of 580 metric tonnes (mt) of fresh fruit bunches processed per hour. Genting Plantations has ventured into the manufacturing of downstream palm-based products, property development and biotechnology. History Genting Berhad was founded in 1965. The company was incorporated in 1968.

Country
Industry:
Miscellaneous Amusement And Recreation
Founded:
1965
IPO Date:
01/02/1992
ISIN Number:
I_MYL3182OO002
Address:
Wisma Genting, 25th Floor, Jalan Sultan Ismail, Kuala Lumpur, Wilayah Persekutuan, 50250, Malaysia
Phone Number
60 3 2178 2288

Key Executives

CEO:
Lim, Kok
CFO
Wong, Yee
COO:
Tan, Kong