Genting Group is a company headquartered in the Wisma Genting in
Kuala Lumpur, Malaysia. It comprises the holding company Genting
Berhad (MYX: 3182), its listed subsidiaries Genting
(MYX: 4715), Genting
Plantations Berhad (MYX: 2291), Genting Singapore
Plc (SGX: G13), as well as its wholly owned subsidiary Genting Energy
Founded in 1965 by the late Malaysian entrepreneur Tan Sri Lim Goh
Genting Group is headed by Tan Sri Dato Seri Lim Kok
Thay, the Chairman and Chief Executive, who joined the group in
Since its founding in 1965, the Group has garnered over 52 years of
experience in developing, operating and marketing casinos and
integrated resorts in different parts of the world, including the
Americas, Australia, Malaysia, the Philippines, Singapore and United
Kingdom.  The group's pioneer integrated resort is Resorts
World Genting, formerly known as
Genting Highlands Resort. The main
attractions of the resort are its casino, theme park, concert shows,
food & beverage and retail shopping.
Resorts World Genting, Malaysia
From its initial leisure and hospitality activities, the Genting Group
has expanded and diversified into other activities including
plantations, properties, power generation, oil and gas, e-commerce,
information technology and biotechnology.
The Group and its affiliates employ about 62,000 people worldwide and
has over 4,500 hectares (11,000 acres) of prime resort land and
238,400 hectares (589,099 acres) of land for plantation.
1 Group structure
2 Diversification and expansion
3 Resort and casino properties
3.2 United Kingdom
3.4 Hong Kong
3.6 USA and the Caribbean
4 Investments in the United States
5 Previous properties
6 Aston Villa Football Club sponsorship
8 External links
Genting Berhad is the parent company and holding company that manages
investment in other companies. Headquarters in Malaysia. It is listed
on the main board of Bursa Malaysia, with market capitalisation of
US$9.4 billion as at 31 December 2014. In 2017, the market
capitalisation has increased to
US$ 37.87 billion.
Genting Singapore PLC (52.8% owned by Genting Berhad) – investment
holding company. It is listed on Singapore Stock Exchange. Market
capitalisation is US$9.9 billion as of 31 December 2014.
Malaysia Berhad (49.3% owned by Genting Berhad) – It is
involved in leisure and hospitality, gambling and entertainment which
includes its casino businesses in Malaysia, in the Americas and United
Malaysia owns and operates major properties including
Resorts World Genting in Malaysia,
Casino New York City
in the USA, over 40 casinos including
Birmingham in the
Resorts World Bimini in the Bahamas. It is listed on the main
Bursa Malaysia with market capitalisation of RM26 billion as
of 31 December 2016.
Genting Hong Kong
Genting Hong Kong Limited, formerly known as
Star Cruises Limited, is
listed on the Singapore and Hong Kong Stock Exchange.
Plantations Berhad (51.9% owned by Genting Berhad) – is
involved in plantations, biotechnology and property, which includes
its property arm, Genting Property. Genting
Plantations owns 259,700
hectares of land in
Malaysia and Indonesia. It is listed on the Main
Bursa Malaysia with US$2.2 billion market capitalisation as
of 31 December 2014.
Kien Huat Realty – the real estate development and investment entity
created by Genting founder
Lim Goh Tong
Lim Goh Tong owns 39 percent of Genting
Diversification and expansion
In December 2006,
Genting Group won the bid in obtaining one of two
Singapore casino licences to build an integrated resort, named Resorts
World Sentosa, under Genting Singapore. The project requirements
includes hotel, gambling, leisure facilities, convention space and
retail to create an iconic major tourist attraction for the booming
Asian tourism market.
In 2007, Genting
Plantations ventured into biotechnology to develop
synthetic genomic processes and naturally occurring processes for
alternative energy resources through an equally owned joined venture
with "Synthetic Genomics".
In July 2007,
Genting Group disposed of its paper and packaging
In August 2009,
Genting Hong Kong
Genting Hong Kong opened
Resorts World Manila in
partnership with Alliance Global Group. It is one of four groups that
won approval in 2008 to build hotels and casinos as part of
Philippines' US$20 billion Pagcor City development on Manila Bay.
In June 2009,
Genting Group supported the capital raising exercise of
In August 2010, Genting Property began construction on an upscale
Premium Outlets in partnership with
Jersey-based Simon Property Group, as part of a wider 7,000-acre
(2,800 ha) integrated township project in the southern state of
In September 2010, Genting New York won a bid to build a racino at
Aqueduct Racetrack in New York City, the first step of a planned
expansion in the United States. Among the attributes of the plan
was providing a diversion for passengers on long stays at John F.
Kennedy International Airport.
Resorts World New York opened in
In May 2011, Genting
Malaysia purchased 14 acres (5.7 ha) of
Biscayne Bay front land surrounding the headquarters of The Miami
Herald for US$236 million;
The McClatchy Company
The McClatchy Company announced that the
El Nuevo Herald
El Nuevo Herald would be moving to another location by
2013. The land is to be used for a mixed-use development, Resorts
World Miami, that would include hotels, restaurants, residences,
retail shops and a convention centre.
Genting Group sees the Miami
land acquisition as an integral step in its pursuit of expanding
internationally in the leisure, hospitality and entertainment
In June 2011, Genting UK was awarded a casino licence for a 55,000
sq-metre mixed-use facility in Birmingham. The development is in
partnership with the NEC Group.
In March 2013, Genting bought the site of Echelon Place, an unfinished
casino resort on the Las Vegas Strip, and announced plans for Resorts
World Las Vegas. However, work on this project has stopped.
In May 2015,
Genting Hong Kong
Genting Hong Kong purchased 100% ownership of Crystal
Cruises and plans for expansion into river cruising, private jet
charters using Boeing 777 aircraft and the new build of three 100,000
GRT mega cruise ships was announced for the brand.Genting were also
announced to build a 204,000 GT ultra luxury and giant cruise ship.
In 2016, Genting has announced the building of
Resorts World Miami.
This project will cost about
US$ 3 billion. This project has the
world's biggest swimming pool.
In 2017, Genting announced they would build a new resort, Resort World
In January 2018, Genting announced plans to build a new casino resort
in Andorra. The resort is expected to cost EUR€ 105 million and will
host many different musical and cultural events.
Resort and casino properties
Resorts World Genting, Genting Highlands, Pahang, Malaysia
Genting Highlands Golf & Country Resort, Genting Highlands,
Resorts World Kijal, Terengganu, Malaysia
Resorts World Langkawi, Kedah, Malaysia
Maxims Casino, Southend
As of December 2010, Genting
Malaysia owns the largest number of
casinos in the UK, with 47:
Resorts World Birmingham
Crockfords Club, London
The Colony Club, London
The Palm Beach Casino, London
Casino Club, London
Genting Casino, Bolton
Genting Casino, Bournemouth
Genting Casino, Blackpool
Genting Casino, Brighton
Genting Casino, Bristol
Genting Casino, Coventry
Casino Cromwell Mint, London
Casino Edgbaston, Birmingham
Genting Casino, Glasgow, Scotland
Genting Casino, Leicester
Genting Casino, Leith, Scotland
Genting Casino, Luton
Genting Casino, Margate
Genting Casino, Newcastle
Genting Casino, Nottingham
Genting Casino, Plymouth
Casino Renshaw Street, Liverpool
Genting Casino, Salford
Genting Casino, Torquay
Casino York Place, Edinburgh, Scotland
Genting Chinatown Casino, Birmingham
Genting Chinatown Casino, London
Casino Fountainpark, Edinburgh, Scotland
Genting Casino, Manchester
Casino Queen Square, Liverpool
Genting Casino, Reading
Casino Riverlights, Derby
Genting Casino, Sheffield
Genting Casino, Southport
Casino Star City, Birmingham
Genting Casino, Stoke-on-Trent
Casino Terminus Terrace, Southampton
Genting Casino, Wirral
Genting Electric, Luton
Genting Electric, Portsmouth
Genting Electric Westcliff, Southend
Maxims Casino, Southend
Genting owns the
Park Lane Mews Hotel in Mayfair, London.
Resorts World Sentosa
Universal Studios Singapore
Universal Studios Singapore (partner with Universal Studios)
Genting Hotel, Jurong
Genting Hong Kong
Genting Hong Kong is headquartered in Hong Kong. It is involved in
cruise and resort businesses through Star Cruises, Norwegian Cruise
Resorts World Manila.
Pagcor Tower (cancelled)
Resorts World Manila (in partnership with AGI)
Resorts World Bayshore City (Under Construction-Part of Entertainment
USA and the Caribbean
Resorts World New York City
Resorts World Las Vegas (planned 2020)
Resorts World Miami (planned)
Resorts World Bimini
Norwegian Cruise Line, headquartered in Miami
Casino of the First Light, (planned)
Resort World Hudson Valley (planned)
Resorts World Jeju (planned)
Genting Grand Secret Garden
Investments in the United States
Foxwoods Resort Casino, Connecticut (capital loan to the Mashantucket
Pequot tribe through Kien Huat Realty)
Casino & Hotel, Niagara Falls, USA (capital loan to
Seneca Nation of Indians through Kien Huat Realty)
Monticello Raceway, Catskills (majority shareholder of Empire Resorts
through Kien Huat Realty)
Massachusetts Region C casino development (financing the development
and lobbying expenses behind
Casino of the First
Burswood Entertainment Complex, Perth, Australia (formerly known as
Burswood Island Casino)
Lucayan Beach Resort and Casino, Bahamas (in partnership with the
Aston Villa Football Club sponsorship
An announcement was made on 22 June 2011 that Genting would become the
new principal partner of English
Premier League club Aston Villa.
Details of the partnership reveal that Aston Villa home and away
jerseys will display the Genting Casinos branding. The deal ran for
two seasons, from July 2011 to July 2013.
^ "Corporate Information." Genting Group. Retrieved on September 11,
2017. "REGISTERED OFFICE Address 24th Floor, Wisma Genting, Jalan
Sultan Ismail, 50250 Kuala Lumpur"
^ a b http://www.genting.com/corporate_profile
^ a b c d Genting Berhad Annual Report 2016, profile page.
^ a b c http://www.genting.com/history
^ My Story - Lim Goh Tong, page 77.
^ Genting Berhad Annual Report 2016, directors' profile, page 4.
^ a b My Story - Lim Goh Tong
^ Genting Berhad Annual Report 2015, profile page
^ a b c d e f "
Genting Group is Malaysia's leading multinational
corporation". genting.com. Archived from the original on 6 December
Malaysia Annual Report 2016
^ Genting Berhad Annual Report 2016, page 174.
Star Cruises consortium wins Sentosa integrated resort
project". Yahoo! News. wildsingapore.com. 8 December 2006. Retrieved
31 May 2011.
^ "Archived copy". Archived from the original on 24 September 2015.
Retrieved 7 March 2017.
^ "Malaysia's Genting pays $100 mln for MGM stake-paper". 10 June 2016
– via Reuters.
^  Archived 6 November 2012 at the Wayback Machine.
^ Massey, Daniel (3 August 2010). "Last Aqueduct racino bidder gets
state blessing". Crain's New York Business. Retrieved 31 May
^ "New York State Gaming Commission" (PDF). gaming.ny.gov.
^ a b Hanks, Douglas (27 May 2011). "Miami Herald parent sells land
for $236 million; newspaper operations unaffected". The Miami Herald.
Retrieved 31 May 2011.
Birmingham Post: Business news, local news, expert opinion".
^ Richard N. Velotta (4 March 2013). "Old Stardust site being sold for
new Strip casino". Vegas Inc. Retrieved 4 March 2013.
Genting Group to Invest €105m in
CasinoReviews.co.uk. 5 January 2015. Retrieved 15 January 2018.
Genting Group 2010 Annual Report Archived 17 August 2011 at the
Wayback Machine., Genting Berhad, 6 May 2011.
^ a b "
Casino Of The First Light Resort And Casino".
^ Foxwoods loan deals with Malaysian investors raise concern, worsen
debt, Connecticut Post, 23 November 2009.
Casino Rules Revisited, Wall Street Journal, 21 September
Resorts Concludes $55,000,000 Investment Agreement with Kien
Huat Realty III Limited Archived 24 September 2015 at the Wayback
Resorts Press Release, 19 August 2009.
^ Genting circling Massachusetts as House eyes casino vote, Gambling
Compliance, 9 May 2011.
Constituents of the FTSE
Bursa Malaysia KLCI
As of 31 March 2017
CIMB Group Holdings
Felda Global Ventures Holdings
Hong Leong Bank
Hong Leong Financial Group
Kuala Lumpur Kepong