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Genting Group
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The Genting Group is headquartered in Wisma Genting in Kuala Lumpur, Malaysia.[11] The Group comprises the holding company Genting Berhad (MYX: 3182), its listed subsidiaries Genting Malaysia Berhad (MYX: 4715), Genting Plantations Berhad (MYX: 2291), Genting Singapore PLC (SGX: G13 ), as well as its wholly owned subsidiary Genting Energy Limited.[12][13]
Key Information
Founded in 1965 by the late Malaysian entrepreneur Tan Sri Lim Goh Tong,[14][15] Genting Berhad is chaired by Tan Sri Lim Kok Thay.[16] As of 1 March 2025, Dato' Sri Tan Kong Han was appointed as the Chief Executive Officer (CEO), marking the first time the company has appointed a CEO from outside the founding family.[17]
The group has developed, operated and marketed casinos and integrated resorts in different parts of the world, including the Americas, Australia, Malaysia, the Philippines, Singapore and the United Kingdom.[12][13][18] 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.[14][13]

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, life sciences and biotechnology.[14][13][18]
The Group employs about 54,000 people[19] worldwide and have over 18,000 hotel rooms and 243,200 hectares of land bank for plantation and property development.[20]
Group structure
[edit]Genting Berhad is principally an investment holding and management company.[21] The company is headquartered in Malaysia.[22] It is listed on the main board of Bursa Malaysia, with a market capitalisation of RM14.9 billion (about USD3.5 billion) as at 31 December 2024.[23]
- Genting Singapore Limited (52.6%[24] owned by Genting Berhad) – investment holding company. It is listed on Singapore Stock Exchange. Market capitalisation was about SGD9.24 billion (USD6.88 billion as of 31 December 2024.[25]
- Genting Malaysia Berhad (49.3[24]% 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 the United Kingdom. Genting Malaysia owns and operates major properties including Resorts World Genting in Malaysia, Resorts World Casino New York City in the US, over 40 casinos including Resorts World Birmingham in the UK and Resorts World Bimini in the Bahamas. It is listed on the main board of Bursa Malaysia with a market capitalisation of about RM12.8 billion (USD3 billion) as at 31 December 2024.[26]
- Genting Plantations Berhad (55.4%[24] owned by Genting Berhad) – is involved in plantations, biotechnology and property, which includes its property arm, Genting Property. Genting Plantations owns 243,200 hectares[27] of land in Malaysia and Indonesia. It is listed on the Main Market of Bursa Malaysia with about RM5.3 billion (USD1.2 billion) market capitalisation as of 31 December 2024.[28]
- Kien Huat Realty – the real estate development and investment entity created by Genting founder Lim Goh Tong owns about 43.6 percent of Genting Berhad.[29]
Diversification and expansion
[edit]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.[30] The project requirements included hotel, gambling, leisure facilities, convention space and retail.
In 2007, Genting Plantations ventured into biotechnology to develop synthetic genomic processes and naturally occurring processes for alternative energy resources through an equally owned joint venture with "Synthetic Genomics".[31]
In July 2007, Genting Group disposed of its paper and packaging business.[31]
In August 2009, 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.[32] In June 2009, Genting Group supported the capital raising exercise of MGM Mirage.[33]
In August 2010, Genting Property began construction on an upscale retail destination, Johor Premium Outlets in partnership with Indianapolis, Indiana-based Simon Property Group, as part of a wider 7,000-acre (2,800 ha) integrated township project in the southern state of Johor.[34]
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.[31] Among the attributes of the plan was providing a diversion for passengers on extended stays at John F. Kennedy International Airport.[35] Resorts World New York opened in October 2011.[36]
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 announced that the Herald and El Nuevo Herald would be moving to another location by 2013.[37] 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 industry.[38]
In June 2011, Genting UK was awarded a casino licence for a 55,000 sq-metre mixed-use facility in Birmingham.[39] The development is in partnership with the NEC Group.
In March 2013, Genting bought the site of Echelon Place,[40] an unfinished casino resort on the Las Vegas Strip and announced plans for Resorts World Las Vegas.[41]
In May 2015, 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 GT mega cruise ships was announced for the brand. Genting also announced the construction of a 204,000 GT ultra-luxury and giant cruise ship. In October 2016, Genting Hong Kong was entirely sold to the Lim Kok Thay's family-owned unit trust Golden Hope Limited as part of a family business restructuring exercise, separating it from Genting Group but retaining it under ownership of Lim Kok Thay's family.[42]
In 2016, Genting 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 lend their name to a new resort, Resorts World Catskills. The casino was originally to be named Montreign Resort Casino.[43]
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.[44]
Resort and casino properties
[edit]Malaysia
[edit]- Resorts World Genting, Genting Highlands, Pahang, Malaysia
- Resorts World Awana (Formerly Awana Genting Highlands Golf & Country Resort), Genting Highlands, Pahang, Malaysia
- Resorts World Kijal, Terengganu, Malaysia
- Resorts World Langkawi, Kedah, Malaysia
United Kingdom
[edit]
As of December 2010,[update] Genting Malaysia owns the largest number of casinos in the UK, with 46:[45]
- Resorts World Birmingham
- Crockfords Club, London
- The Colony Club, London
- The Palm Beach Casino, London
- Maxims Casino Club, London
- Genting Casino, Bolton
- Genting Casino, Bournemouth
- Genting Casino, Blackpool
- Genting Casino, Brighton
- Genting Casino, Bristol
- Genting Casino, Coventry
- Genting Casino Cromwell Mint, London
- Genting Casino Edgbaston, Birmingham
- Genting Casino, Glasgow, Scotland
- Genting Casino, Leicester
- Genting Casino, Luton
- Genting Casino, Margate
- Genting Casino, Newcastle
- Genting Casino, Nottingham
- Genting Casino, Plymouth
- Genting Casino Renshaw Street, Liverpool
- Genting Casino, Salford
- Genting Casino, Torquay
- Genting Casino York Place, Edinburgh, Scotland
- Genting Chinatown Casino, Birmingham
- Genting Chinatown Casino, London
- Genting Casino Fountainpark, Edinburgh, Scotland
- Genting Casino, Manchester
- Genting Casino Queen Square, Liverpool
- Genting Casino, Reading
- Genting Casino Riverlights, Derby
- Genting Casino, Sheffield
- Genting Casino, Southport
- Genting Casino, Stoke-on-Trent
- Genting 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.
Singapore
[edit]- Resorts World Sentosa
- Universal Studios Singapore (in partnership with Universal Studios)
- Genting Hotel, Jurong
- StarDream Cruises (Formerly known as Resorts World Cruises)
Philippines
[edit]- Newport World Resorts (formerly Resorts World Manila; jointly owned with AGI)
- Resorts World Bayshore City (under construction; part of Entertainment City)
US and the Caribbean
[edit]- Resorts World New York City
- Resorts World Las Vegas
- Resorts World Miami (planned)
- Resorts World Bimini
- Resorts World Catskills (Owned & managed by Empire Resorts, an 88.7% subsidiary)
- Casino of the First Light,[46] (planned)
- Resort World Hudson Valley (planned)
China
[edit]Online Casino
[edit]Investments in the United States
[edit]- Foxwoods Resort Casino, Connecticut (capital loan to the Mashantucket Pequot tribe through Kien Huat Realty)[51]
- Seneca Niagara Casino & Hotel, Niagara Falls, US (capital loan to Seneca Nation of Indians through Kien Huat Realty)[52]
- Monticello Raceway, Catskills (majority shareholder of Empire Resorts through Kien Huat Realty)[53]
- Massachusetts Region C casino development (financing the development and lobbying expenses behind Wampanoag people Casino of the First Light[46][54]
Previous properties
[edit]- Burswood Entertainment Complex, Perth, Australia (formerly known as Burswood Island Casino)
- Lucayan Beach Resort and Casino, Bahamas (in partnership with the Bahamian government)
- Norwegian Cruise Line, headquartered in Miami. Genting sold their remaining shares in December 2018.
- Genting Hong Kong
See also
[edit]Notes
[edit]- ^ a b "Corporate Profile".
- ^ GENT Annual Report 2024_page 13_Who we are
- ^ "Corporate Information".
- ^ a b GENT Annual Report 2024_page 14_Our Global Footprint
- ^ "Senior Management".
- ^ Genting Berhad. "Senior Management". Senior Management. Genting Berhad.
- ^ GENT Annual Report 2024_corporate profile
- ^ a b c GENT Annual Report 2024_corporate profile_page 13
- ^ a b c d e "Genting Group's 2024 Annual Report" (PDF).
- ^ http://www.genting.com/annual report 2024
- ^ "Information." Genting Group. Retrieved on 27 December 2022.
- ^ a b "Corporate Profile". www.genting.com. Retrieved 18 August 2018.
- ^ a b c d Genting Berhad Annual Report 2024, About Genting Berhad page 13.
- ^ a b c "About Genting Berhad" (PDF). Genting Group.
- ^ My Story - Lim Goh Tong, page 77.
- ^ "Lim Kok Thay to relinquish CEO post at Genting, remain as executive chairman". The Edge Malaysia. 27 February 2025. Retrieved 4 March 2025.
- ^ "Genting appoints first non-family CEO". The Star. 4 March 2025. Retrieved 4 March 2025.
- ^ a b Corporate Profile.
- ^ GENT_AnnualReport_2024_pg15
- ^ Genting Berhad Annual Report 2024, page 15, Our Global Footprint
- ^ "Corporate Profile".
- ^ "Corporate Information".
- ^ "Genting Berhad - Financial Snapshot 2024". Retrieved 14 May 2025.
- ^ a b c "Genting Berhad - Group Corporate Structure".
- ^ "Genting Singapore Market Capitalisation". CompaniesMarketcap.com. Archived from the original on 27 December 2022. Retrieved 14 May 2025.
- ^ "Genting Malaysia Berhad - Financial Snapshot in 2024". Retrieved 14 May 2025.
- ^ "2021 Highlights - Genting Plantations". Retrieved 27 December 2022.
- ^ "Genting Plantations - Financial Snapshot 2024". Retrieved 14 May 2025.
- ^ Genting Berhad Annual Report 2024, page 228.
- ^ "Genting-Star Cruises consortium wins Sentosa integrated resort project". WildSingapore.com. 8 December 2006. Retrieved 31 May 2011.
- ^ a b c "Genting Group is Malaysia's leading multinational corporation". Genting Group. Archived from the original on 6 December 2012.
- ^ "Billionaire Tan and Star Cruises Open Manila Casino (Update2) - Bloomberg". Bloomberg News. Archived from the original on 24 September 2015. Retrieved 7 March 2017.
- ^ "Malaysia's Genting pays $100 mln for MGM stake-paper". Reuters. 10 June 2016.
- ^ "Bloomberg Politics". Bloomberg.com. Archived from the original on 6 November 2012.
- ^ Massey, Daniel (3 August 2010). "Last Aqueduct racino bidder gets state blessing". Crain's New York Business. Retrieved 31 May 2011.
- ^ "New York State Gaming Commission" (PDF). gaming.ny.gov.
- ^ Hanks, Douglas (27 May 2011). "Miami Herald parent sells land for $236 million; newspaper operations unaffected". Miami Herald. Retrieved 31 May 2011.
- ^ "Genting heads for Miami". The Edge Markets. 30 May 2011. Retrieved 17 April 2022.
- ^ "Birmingham Post: Business news, local news, expert opinion". birminghampost.net. Archived from the original on 4 July 2011. Retrieved 3 August 2011.
- ^ "Genting buys Echelon for $2 billion Resorts World Las Vegas". Las Vegas Review-Journal. 4 March 2013. Retrieved 3 January 2023.
- ^ Richard N. Velotta (4 March 2013). "Old Stardust site being sold for new Strip casino". Vegas Inc. Retrieved 4 March 2013.
- ^ "Genting Malaysia, parent to sell stake in Hong Kong unit for $420.8 million". Nikkei Asia. Retrieved 3 January 2023.
- ^ "Montreign Resort Casino to be rebranded a Resorts World property (press release)". www.sec.gov. 6 April 2017. Retrieved 17 April 2022.
- ^ "Genting Group to Invest €105m in Andorra Casino Resort". 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". casinoofthefirstlight.com.
- ^ "Genting Casino Online Site in UK". gentingcasino.com.
- ^ "Genting Casino Online Site in Spain". gentingcasino.es.
- ^ "Genting Casino Online Site in Denmark". gentingspielhalle.de. Archived from the original on 3 December 2021. Retrieved 21 June 2022.
- ^ "Genting Casino Online Site in Ireland". gentingcasino.com.
- ^ Foxwoods loan deals with Malaysian investors raise concern, worsen debt Archived 24 May 2022 at the Wayback Machine, Connecticut Post, 23 November 2009.
- ^ Tribal Casino Rules Revisited, Wall Street Journal, 21 September 2009.
- ^ Empire Resorts Concludes $55,000,000 Investment Agreement with Kien Huat Realty III Limited Archived 24 September 2015 at the Wayback Machine, Empire Resorts Press Release, 19 August 2009.
- ^ Genting circling Massachusetts as House eyes casino vote Archived 1 April 2012 at the Wayback Machine, Gambling Compliance, 9 May 2011.
External links
[edit]Genting Group
View on GrokipediaHistory
Founding and Early Development
The idea for Genting Group originated in 1964 when Tan Sri Lim Goh Tong, a Malaysian entrepreneur, envisioned developing a highland resort amid the cool climate of Cameron Highlands, selecting the remote Gunung Ulu Kali peak in Malaysia's central highlands as the site.[6] Inspired by the potential for a recreational destination near Kuala Lumpur, Lim prepared a detailed proposal and secured government approval to develop approximately 6,000 hectares of land, marking the inception of the project as a private venture.[6] This foundational step laid the groundwork for what would become a pioneering leisure hub, driven by Lim's determination to create a mountaintop escape from Malaysia's tropical heat. The Genting Group was formally founded in 1965 under Lim Goh Tong's leadership, with initial efforts focused on overcoming significant logistical hurdles in the undeveloped, forested terrain.[1] Construction of the critical 24-kilometer access road began on 8 August 1965, a daunting task involving dense rainforest clearance and rugged slopes that extended the project timeline and tested resources, ultimately completing the road ahead of the estimated six years in just three.[6][7] Securing further government approvals for infrastructure amid the remote location proved challenging, yet Lim's persistence enabled the road's opening in 1969, providing essential connectivity to the site.[7] In 1968, the venture was incorporated as Genting Berhad, transitioning from a private initiative to a structured corporate entity poised for growth.[1] The company's initial public offering and listing on Bursa Malaysia followed in 1971, signifying its evolution into a publicly traded enterprise and attracting broader investment for expansion.[1] That same year, on 8 May, the Genting Highlands Resort officially opened with a 200-room hotel, establishing leisure and hospitality as the core business and fulfilling Lim's vision of a premier hilltop destination.[6][7] This milestone not only marked the resort's debut—later rebranded as Resorts World Genting—but also highlighted the early emphasis on tourism infrastructure in a previously inaccessible area.[7]Key Expansions and Milestones
Following the leadership of founder Tan Sri Lim Goh Tong, Tan Sri Lim Kok Thay assumed the role of President and Chief Executive Officer of Genting Berhad in November 2002 and succeeded as Chairman and CEO on 1 January 2004, marking a pivotal shift toward aggressive global expansion and diversification beyond Malaysia's core leisure operations.[8] Under his stewardship, the group pursued international ventures, including strategic entries into new sectors to build resilience against domestic market fluctuations. This era emphasized overseas investments in hospitality, energy, and agriculture, transforming Genting into a multinational conglomerate with operations spanning Asia, the Americas, and Europe.[9] In the 1980s, Genting expanded into the plantations sector through the incorporation of Asiatic Development Berhad in 1977 and subsequent acquisitions of oil palm estates, starting with a modest 13,700 hectares in West Malaysia by 1980.[10] This move diversified revenue streams amid growing global demand for palm oil, with further growth into Indonesia via land acquisitions in Kalimantan, expanding the landbank to over 243,000 hectares by the 2010s.[11] The plantations business, now under Genting Plantations Berhad, focused on sustainable oil palm cultivation and downstream processing, establishing a foothold in agribusiness that complemented the group's leisure roots.[8] The 1990s saw the launch of Genting's power generation arm, with Genting Power Holdings Ltd. formed in 1993 to tap into Asia's energy needs.[12] A key early international project was the Meizhou Wan power plant in China, where Genting acquired a 49% stake through a joint venture, with operations commencing in 2004 following development in the late 1990s.[8] This marked the group's entry into independent power production, later expanding to include coal, gas, and renewable assets in India, Indonesia, and beyond, such as the 660 MW Banten coal-fired plant in 2017.[13] Major milestones in the leisure and hospitality segment underscored Genting's global ambitions in the 2010s. Resorts World Sentosa in Singapore opened in 2010, featuring a casino, theme parks, and hotels that revolutionized the island's tourism industry and generated significant regional economic impact.[14] This was followed by the 2011 opening of Resorts World New York City, the first casino in the New York metropolitan area, which boosted Genting's U.S. presence through slots and electronic gaming.[15] In 2015, groundbreaking occurred for Resorts World Las Vegas on the Strip, a $4.3 billion integrated resort that debuted in June 2021 with 3,500 rooms, a 117,000-square-foot casino, and partnerships with Hilton brands, solidifying Genting's foothold in the world's premier gaming market.[16] Diversification into biotechnology emerged in the 2000s via Genting Plantations' downstream activities, with the establishment of ACGT Sdn Bhd to apply genomics for improving oil palm yields and crop resilience.[17] This initiative, highlighted in annual reports from 2009 onward, invested in R&D for superior planting materials, enhancing productivity amid sustainability pressures in the palm oil sector.[18] A notable acquisition during this period was the 2006 purchase of Stanley Leisure plc in the UK for approximately £639 million, granting Genting entry into the British casino market and expanding its European portfolio with established venues.[19] Recent developments highlight sustained growth and leadership evolution. In fiscal year 2024, Genting Berhad reported record group revenue of RM27.7 billion, a 2% increase from the prior year, driven by recovery in leisure and contributions from plantations and power segments.[20] The group marked its 60th anniversary in 2025, celebrating six decades since founding with events emphasizing innovation and global reach.[8] On 1 March 2025, Dato' Sri Tan Kong Han was appointed Chief Executive Officer of Genting Berhad, the first non-family member in the role, succeeding Tan Sri Lim Kok Thay who transitioned to Executive Chairman after over two decades at the helm.[21] In July 2025, Genting completed the divestment of its 49% stake in the Meizhou Wan power plant to Fujian Electric Power Co., Ltd., concluding a 21.5-year build-operate-transfer agreement.[22] This succession, alongside ongoing projects like the Resorts World Sentosa expansion, positions the group for continued strategic advancements.[23]Corporate Structure
Holding Company and Governance
Genting Berhad serves as the principal investment holding and management company of the Genting Group, incorporated in 1968 under the Companies Act in Malaysia and headquartered at Wisma Genting in Kuala Lumpur.[24] As the core entity, it oversees strategic direction and investments across the group's diverse operations while maintaining a focus on long-term value creation.[8] The ownership structure of Genting Berhad is dominated by the Lim family through Kien Huat Realty Sdn Bhd, which holds a 43.587% direct interest, granting approximately 44% voting control via discretionary trusts linked to Executive Chairman Tan Sri Lim Kok Thay.[8] The company is publicly listed on the Main Market of Bursa Malaysia Securities Berhad under stock code 3182 since December 28, 1971, with total issued shares of 3,850,576,099 as of December 31, 2024, excluding treasury shares.[24][8] Current leadership includes Executive Chairman Tan Sri Lim Kok Thay, who has held the role since 2006 and was redesignated from Chief Executive Officer effective March 1, 2025, after serving in various executive capacities since 2003.[25] Group CEO Dato’ Sri Tan Kong Han, appointed on March 1, 2025, as Chief Executive, President, and Executive Director, marks the first non-family member in this position, bringing extensive operational experience from within the group.[25][26][23] The Board of Directors comprises eight members as of December 31, 2024, with a majority of five Independent Non-Executive Directors to ensure balanced oversight, in line with Practice 5.2 of the Malaysian Code on Corporate Governance (MCCG).[8] Key members include Deputy Chairman Tan Sri Foong Cheng Yuen (Independent Non-Executive), Deputy Chief Executive and Executive Director Dato’ Indera Lim Keong Hui, and Independent Non-Executive Directors such as Madam Koid Swee Lian and Datuk Manharlal A/L Ratilal.[27][8] Governance practices emphasize compliance with the Companies Act 2016, Bursa Malaysia Listing Requirements, and MCCG, with dedicated committees including Audit, Nomination, Risk Management, and Remuneration to handle oversight, evaluations, and policy implementation.[8] Sustainability matters are integrated into Board responsibilities without a separate committee, supported by the Executive Committee for ESG strategy execution across five pillars: good governance, economic value, environmental stewardship, community welfare, and workplace practices; annual assessments identify material ESG risks.[8] A whistleblower policy facilitates confidential reporting of misconduct, with no conflict of interest declarations received in 2024 following the adoption of a dedicated policy on August 29, 2024.[28][8] For the financial year ended December 31, 2024, Genting Berhad reported total assets of RM105.1 billion and total equity of RM53.5 billion, reflecting stable consolidated positioning amid group-wide operations.[4] In a recent governance update, the company issued a fraud alert in 2025 warning of the unauthorized and improper use of Executive Chairman Tan Sri Lim Kok Thay's image and information in online trading scams, urging public vigilance and verification through official channels.[29] Genting Berhad provides oversight to principal subsidiaries such as Genting Malaysia Berhad, in which it holds approximately 57% stake (as of November 13, 2025) with effective control through voting rights and management agreements.[30]Principal Subsidiaries and Affiliates
Genting Berhad, the holding company of the Genting Group, maintains a diversified corporate structure through its principal subsidiaries and affiliates, with direct and indirect ownership stakes that enable control over key operations in leisure, plantations, energy, and related sectors. As of the latest available data, the group's hierarchy features Genting Berhad as the apex entity, holding majority or full ownership in most principal operating companies, while affiliates include joint ventures that support strategic expansions. This structure, simplified in the 2025 corporate overview, emphasizes consolidated management across global assets without diluting core control.[8] A key listed subsidiary is Genting Malaysia Berhad (Bursa Malaysia code: 4715), in which Genting Berhad holds approximately 57% stake as of November 13, 2025, following the mandatory takeover offer to acquire the remaining shares at RM2.35 per share, extended to December 1, 2025; an independent adviser has deemed the offer unfair and unreasonable, recommending rejection. It serves as the primary vehicle for managing the group's leisure and hospitality assets, including integrated resorts and gaming operations.[30][31][32][8] Another major listed entity is Genting Plantations Berhad (Bursa Malaysia code: 2291), 55.4% owned by Genting Berhad, which oversees oil palm plantations, downstream manufacturing, and agribusiness activities across Southeast Asia.[8] Genting Singapore Limited, listed on the Singapore Exchange and indirectly 52.6% owned by Genting Berhad, focuses on operating Resorts World Sentosa and related investment holdings in the leisure sector.[8] Genting Energy Limited, a 100% unlisted subsidiary of Genting Berhad, manages power generation projects, including renewable and non-renewable sources, as well as oil and gas exploration in regions such as Indonesia and China.[8] Among other affiliates, Resorts World Las Vegas LLC operates as a joint venture entity under Genting Malaysia's oversight for the development of the Las Vegas integrated resort, while SDIC Genting Meizhou Wan Electric Power Co., Ltd. represents a 49% joint venture stake in a coal-fired power plant in China.[8][1] Collectively, these subsidiaries and affiliates employ approximately 54,000 people worldwide as of December 31, 2024.[8]| Subsidiary/Affiliate | Ownership by Genting Berhad | Listing | Primary Role |
|---|---|---|---|
| Genting Malaysia Berhad | ~57% (as of Nov 13, 2025; mandatory takeover ongoing, extended to Dec 1, 2025) | Bursa Malaysia (4715) | Leisure and hospitality management |
| Genting Plantations Berhad | 55.4% | Bursa Malaysia (2291) | Plantations and downstream manufacturing |
| Genting Singapore Limited | 52.6% (indirect) | Singapore Exchange | Operation of integrated resorts like Resorts World Sentosa |
| Genting Energy Limited | 100% | Unlisted | Power generation and energy projects |
| Resorts World Las Vegas LLC | Joint venture (via Genting Malaysia) | Unlisted | Development of Las Vegas resort |
| SDIC Genting Meizhou Wan | 49% JV | Unlisted | Energy production in China |