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Lim Kok Thay
Tan Sri Lim Kok Thay (; born 16 August 1951) is a Malaysian Chinese billionaire businessman. He is the chairman of Genting Group, a casinos, resorts and palm oil conglomerate with a market capitalization of almost MYR40 billion, and the second son of fellow billionaire Lim Goh Tong, the company's founder. Career Lim is the chairman and board executive of Genting Malaysia Berhad & Genting Berhad, also known as Genting Group, a conglomerate active in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology, and oil & gas business activities. He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line was in 2011 the third largest cruise operator in the world, with a combined fleet of 18 ships providing about 35,000 lower berths. He has a bachelor's degree in civil engineering from University of London. He attended the six-week advanced management program ...
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Malay Titles
The Malay language has a complex system of Style (manner of address), styles, titles and honorifics which are used extensively in Brunei, Indonesia, Malaysia, Singapore, and the southern Philippines. Brunei, Malaysia, Singapore and several Provinces of Indonesia, provinces in Indonesia regularly award honorary and life titles. What follows in this article is specific to the Malaysian system. References to Brunei and Indonesia are given when pertinent. In Malaysia, all non-hereditary titles can be granted to both men and women. Every title has a form which can be used by the wife of the title holder. This form is not used by the husband of a titled woman; such a woman will bear a title which is the same as a titled man. Former use Singapore, whose Malay royalty was abolished by the Singapore in the Straits Settlements, British colonial government in 1891, has adopted civic titles for its leaders. The Philippines historically used Malay titles during its History of the Philip ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subse ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants ...
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Xiamen University
Xiamen University (; Southern Min: ''Ē-mn̂g-toā-o̍h''), colloquially known as Xia Da (; Southern Min: ''Hā-tāi''), is a national public research university in Xiamen, Fujian, China. Founded in 1921 by Tan Kah Kee, a Chinese patriotic expatriate businessman in Singapore, the university has been perennially regarded as one of the top academic institutions in Southern China, with strengths in mathematics, chemistry, oceanography, economics, management, law, communication and political science. Xiamen University is designated as a Class A Double First Class University of the national Double First Class University Plan, also a part of the former Project 985 and Project 211. As of 2020, the university hosts over 40,000 students on its 4 campuses and 6 academic divisions. History Private period In 1919, Tan Kah Kee, a Chinese expatriate in Singapore, businessman, investor, and philanthropist, donated then 4 million dollars to endow Amoy University in the city o ...
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Imperial College
Imperial College London (legally Imperial College of Science, Technology and Medicine) is a public research university in London, United Kingdom. Its history began with Prince Albert, consort of Queen Victoria, who developed his vision for a cultural area that included the Royal Albert Hall, Victoria & Albert Museum, Natural History Museum and royal colleges. In 1907, Imperial College was established by a royal charter, which unified the Royal College of Science, Royal School of Mines, and City and Guilds of London Institute. In 1988, the Imperial College School of Medicine was formed by merging with St Mary's Hospital Medical School. In 2004, Queen Elizabeth II opened the Imperial College Business School. Imperial focuses exclusively on science, technology, medicine, and business. The main campus is located in South Kensington, and there is an innovation campus in White City. Facilities also include teaching hospitals throughout London, and with Imperial College Healthca ...
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Resorts World Bimini
Resorts World Bimini Bahamas is a Caribbean beachfront resort and casino located on North Bimini Island. Opened in 2013, the resort is operated by the Malaysia-based Genting Group. Their corporate office for the southeast USA is located in downtown Miami, Florida. The resort is located in Bimini, Bahamas, 42 miles east of Miami, Florida. Estimated cost to be built is US$220 Million. History and development In June 2012, Genting Group signed a deal to open Resorts World Bimini Bay. It included a partnership between Genting Malaysia Berhad and RAV Bahamas, the developer of Bimini Bay and the Rockwell Island Beach Estates. The Resorts World Bimini Casino opened in June 2013. It is the only casino on the island and the closest offshore casino to South Florida South Florida is the southernmost region of the U.S. state of Florida. It is one of Florida's three most commonly referred to directional regions; the other two are Central Florida and North Florida. South Florida i ...
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Resorts World Miami
Resorts World Miami is the name of a major development proposed for the Omni District of Greater Downtown Miami, Florida, USA, by the Malaysian-based Genting Group. At and with an estimated cost of US$3.2 billion, it is considered one of the largest developments in the history of the state. The project was postponed several times as gambling measures failed at the state level. As of August, 2022, the property remains cleared, but no development has begun. As a concession for rights to build the large Casino project, Genting has proposed to build the long-sought BayLink system as a monorail linking Miami to Miami Beach, connecting to a new Metromover station within their project. Proposed Attractions The plan, which includes a large eight story podium and several stylized skyscrapers, is proposed for several lots recently purchased by Genting, including the site of the '' Miami Herald'' and '' El Nuevo Herald'' headquarters building, which was demolished, and the adjacent Omni ...
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Resorts World Las Vegas
Resorts World Las Vegas is a resort, mall, and casino on the Las Vegas Strip in Winchester, Nevada, United States. The property had been the site of the Stardust Resort and Casino until 2007, when Boyd Gaming demolished the resort to develop its Echelon Place project. Boyd halted construction in 2008 due to poor economic conditions and sold the property to Genting Group in March 2013. Genting immediately announced plans to redevelop the site as Resorts World Las Vegas, part of its Resorts World brand. The project re-used some of the partially finished Echelon buildings, including hotel and parking garage structures. Groundbreaking was initially scheduled for 2014, with the first phase expected to open in 2016. However, the opening date was delayed several times due to redesigns of the project. Groundbreaking took place in May 2015, and construction began in late 2017. Further design changes were made after Wynn Resorts filed a lawsuit against Genting, alleging that Resorts World wa ...
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Resorts World New York City
Aqueduct Racetrack is a Thoroughbred horse racing facility and casino in the South Ozone Park and Jamaica neighborhoods of Queens, New York City, United States. Aqueduct is the only racetrack located within New York City limits. Its racing meets are usually from late October/early November through April. The racetrack is located adjacent to a casino called Resorts World New York City. The track itself has three courses. The main track (dirt) has a circumference of . Inside of the main track are two courses: the Main Turf Course, and the Inner Turf Course measuring . The track has seating capacity of 17,000 and total capacity of 40,000. The facility houses the headquarters of the New York Racing Association (NYRA). In December 2022 the New York Racing Association formally announced its intention to upgrade the facilities at nearby Belmont Park to make it suitable to host year-round thoroughbred racing and training, which would ultimately lead to the closure of Aqueduct Race ...
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Resorts World Manila
Newport World Resorts (formerly Resorts World Manila) is an integrated resort, located in Newport City, opposite Ninoy Aquino International Airport (NAIA) Terminal 3, in Pasay, Metro Manila, Philippines. The resort is owned and operated by Travellers International Hotel Group, Inc. (TIHGI), a joint venture between Alliance Global Group and Genting Hong Kong. The project, occupying part of a former military camp, has four hotels, casino gambling areas, a shopping mall, cinemas, restaurants, clubs and a theater. A soft launch of the resort took place on August 28, 2009. Resorts World Manila is the sister resort to Resorts World Genting in Malaysia and Resorts World Sentosa in Singapore. It was the first integrated resort in Metro Manila, and from 2009 to 2013 it was the only one in operation until the opening of Solaire Resort & Casino in Entertainment City, Parañaque on March 16, 2013. On June 2, 2017, dozens of people died after a robbery caused a stampede and the perpe ...
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Universal Studios Singapore
Universal Studios Singapore ( abbreviation: USS) is a theme park located within the Resorts World Sentosa at Sentosa, Singapore. It features 28 rides, shows, and attractions in seven themed zones. It is one of the six Universal Studios theme parks around the world. It was a key component of the Genting Singapore's bid for the right to build Singapore's second integrated resort (IR). On 8 December 2006, the Singapore government announced that the consortium had won the bid. Construction of the theme park and the rest of the resort started on 19 April 2007. It is the second Universal Studios theme park in Asia, the other being Universal Studios Japan in Osaka, and the first in Southeast Asia. Official plans for the park were first unveiled to the public when Universal Studios Singapore released a map of the entire park on 20 October 2009. Universal Studios Singapore attracted more than 2 million visitors in the 9 months from its opening. The park officially began operations o ...
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Resorts World Sentosa
Resorts World Sentosa (abbreviation: RWS) is an integrated resort on the island of Sentosa, which is located off the southern coast of Singapore. The key attractions within RWS include one of Singapore's two casinos, a Universal Studios Singapore theme park, which is the second Universal Studios theme park in Asia after Universal Studios Japan and the first in Southeast Asia, the Adventure Cove Waterpark, as well as the S.E.A. Aquarium, which is the world's second largest oceanarium. First conceived in 2006, the S$6.59 billion (US$5.03 billion) resort was developed by Genting Singapore, and construction began in 2007. It was the third most expensive building ever constructed when it was completed 2010. The resort occupies approximately of land and directly employs up to 15,000 people. The soft launch of the first four hotels took place on 20 January 2010, with the FestiveWalk shopping mall following on 1 February. The casino began operations on 14 February 2010 on the firs ...
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