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Topic: Genting Group


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In the News (Mon 21 Dec 09)

  
  Genting Highlands - Wikipedia, the free encyclopedia
Genting Highlands is a peak on the Titiwangsa Mountains in Peninsular Malaysia and it is home to a famous mountain resort straddling the border of the states of Pahang and Selangor.
It can be reached by car or by the fastest moving cable car of Southeast Asia which travels at the speed of 6 m/s.
Genting Highlands functions every year as the finish of a stage in the Tour de Langkawi cycling race.
en.wikipedia.org /wiki/Genting_Highlands   (242 words)

  
 Genting still keen on Loy Yang - Business - theage.com.au
The Malaysian group Genting Bhd is believed to be back in the race to buy Loy Yang Power after dropping out months ago, reportedly at the behest of Malaysian Prime Minister Mahathir Mohamad, who was angry at Australia's stance in the Iraq war.
Genting is believed to have made representations to the Australian Competition and Consumer Commission over the Australian Gas Light consortium's $3.5 billion bid for the generating giant.
Genting is unable to actively participate in the current Loy Yang sale process because the AGL consortium has signed an exclusive agreement to deal with the Loy Yang vendors, Horizon Energy, CMS Energy and NGC.
www.theage.com.au /articles/2003/08/17/1061059713385.html   (378 words)

  
 Genting Group: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-11-06)
Genting Group was founded in 1964 by Malaysian Malaysia quick summary:
A new federation under the name of malaysia was formed on september 16, 1963 through a merging of the federation of malaya and the british crown colonies of...
Genting highlands is a famous mountain resort in malaysia straddling the border of the states of pahang and selangor....
www.absoluteastronomy.com /encyclopedia/g/ge/genting_group.htm   (298 words)

  
 Travelweekly : The Indispensable Travel Industry Read   (Site not responding. Last check: 2007-11-06)
Genting Highlands currently is the only integrated resort in the region, incorporating outdoor and indoor theme parks, entertainment centres and a casino, drawing large number of visitors from within Malaysia and from ASEAN countries, specifically from Singapore.
Meanwhile the Genting group is “excited” by the investment opportunity that the integrated resorts present.
However some industry watchers said Genting’s chance is good as it has in its favour its expertise in the management and operations of the leisure, hospitality and gaming business in markets across Asia, the United Kingdom, Australia and the Americas.
www.travelweeklyweb.com /print.asp?id=14591   (470 words)

  
 BG Country Operations - Malaysia   (Site not responding. Last check: 2007-11-06)
BG Group jointly developed one of the country’s main power stations, Genting Sanyen Power, located south of the capital, Kuala Lumpur.
BG Group’s Asia Pacific area headquarters are located in Singapore, providing leadership and expertise in the fields of finance, law, tax and project development in support of projects and investments in the region.
BG Group was co-developer of this 734 MW gas-fired power station and retains a 20% interest.
www.bg-group.com /international/int-malaysia.htm   (128 words)

  
 [No title]
Through this company, the Genting Group remains in the forefront of property development, capitalising on land banks which are strategically located in growth areas in Malaysia such as the present 3,200 hectares Indahpura project in Kulai, Johor.
Genting International Management Ltd, a corporation formed under the laws of the Isle of Man. The applications and registrations are described in detail in the complaint.
In this instance, the Respondent chose to use ‘genting’ for the Internet brand name as it is brief, reflective of the locality commonly known as ‘Genting’ in the local society and not ‘Genting Village’ in fuller words, and generic in representation when his business, apart from diving services, expands into other businesses in the locality.
arbiter.wipo.int /domains/decisions/word/2002/dbiz2002-00071.doc   (8048 words)

  
 Stanley Leisure   (Site not responding. Last check: 2007-11-06)
Genting has substantial experience of building and operating very large casinos incorporating significant numbers of slot machines and has developed a series of sophisticated customer loyalty card programmes.
Genting also has valuable experience of building and operating large hotels and related leisure and conference facilities on its casino developments.
Both Genting's acquisition of Maxims and Stanley's acquisition of an interest in Maxims are expected to complete in mid January 2005.
ww7.investorrelations.co.uk /stanley/ShowPressReleases.jsp?type=finnews&ref=78   (869 words)

  
 Asia Gambling Group, Genting, Makes Big Move into British Casino Industry / November 2004   (Site not responding. Last check: 2007-11-06)
In a series of deals, Genting has built up a 10.2 percent stake in Stanley, bought Kensington's upmarket Maxims casino and formed a joint venture with Stanley specifically to develop the large supercasinos to be allowed under forthcoming legislation.
Genting, which takes its name from the mountain in Malaysia on which it built its first casino, already owns a 15 percent stake in casino operator London Clubs International, triggering instant speculation that it may want to consolidate the British gaming market.
Genting has always insisted the LCI stake is purely an investment, rather than a strategic holding.
www.hotel-online.com /News/PR2004_4th/Nov04_Genting.html   (321 words)

  
 Bloomberg.com: Australia & New Zealand
Genting is trying to snare Loy Yang from the Australian Gas group, whose bid was blocked by the country's competition regulator last week.
Genting said in a statement to the stock exchange on Sep. 2 that it planned to acquire as much as 50 percent of Loy Yang, and seek a group of companies to buy the remainder.
Genting, which owns a casino in the state of Pahang, has been trying to diversify away from its gaming business, which is vulnerable to any shift in the country's politics toward the policies of parties such as Parti Islam SeMalaysia, or PAS.
quote.bloomberg.com /apps/news?pid=10000081&sid=a1IZji4VVswQ&refer=australia   (1004 words)

  
 CNN.com - Malaysia's casino king steps down - Nov. 27, 2002
For the nine months to September 30, Genting reported a 64 percent lift in pre-tax profit to M$1.19 billion ($313 million) from a year earlier, on a 14 percent rise in turnover to M$2.61 billion ($687 million).
Genting deputy chairman Mohammed Hanif said the board had accepted Lim's resignation "with regret", but noted he would remain chairman.
Genting shares are trading 1.54 percent higher at M$13.20 Thursday morning, while Resorts World shares are up 1.75 percent to M$8.70.
edition.cnn.com /2002/BUSINESS/asia/11/27/malaysia.lim.biz   (453 words)

  
 Lim Goh Tong - Wikipedia, the free encyclopedia
He also sought the 'Pioneer' status for his company, this lead to rapid construction and growth of the Genting Highland attraction in South East Asia.
The Genting Group is the operator of the Genting Highlands casino resort in the mountains 25 miles or 40 km northeast of Kuala Lumpur.
Tan Sri Lim Goh Tong has handed over the helm to his son Tan Sri Lim Kok Thay in 2005.
en.wikipedia.org /wiki/Lim_Goh_Tong   (169 words)

  
 Genting taps Universal to help Singapore casino bid - Boston.com
Genting and sister company Star Cruises Ltd. <0678.HK>, both affiliates of Malaysia's Genting Bhd , showed reporters a poster with the design of their proposed $3 billion casino complex, with a "Universal Studios Movie Experience" listed among the attractions.
The Genting group is seen as a more likely winner for the casino on Sentosa where it had previously announced it would work with Universal Studios, a unit of General Electric Co. , to build a theme park.
The group's proposed development, which boasts two spiraling skyscrapers similar to the landmark Turning Torso building in Malmo, Sweden, will include a hotel with more than 5,000 rooms and a grand ballroom capable of hosting 6,000 people.
www.boston.com /news/world/asia/articles/2006/04/05/genting_taps_universal_to_help_singapore_casino_bid   (447 words)

  
 Bloomberg.com: Top Worldwide
Genting's bid, lodged with the owners last Friday, would be fully financed by Genting and its subsidiaries, the company said in a statement yesterday.
Genting's offer matches a rival bid from the Australian Gas group, which includes Tokyo Electric Power Co. and investors led by Commonwealth Bank of Australia, people involved in the negotiations said yesterday.
Genting said in a statement to the stock exchange on Sep. 2 that it planned to acquire as much as 50 percent of Loy Yang, and seek to form a group of companies to buy the remainder.
quote.bloomberg.com /apps/news?pid=10000006&sid=aOi11BJRtXoc&refer=home   (537 words)

  
 WIPO Domain Name Decision: DBIZ2002-00071
Genting Casino, Inc, WIPO Case No. D2001-1192, the panelist has acknowledged it as "a famous company with long history and numerous business sectors and it has gained due recognition in some countries especially in Malaysia".
In this instance, the Respondent chose to use ‘genting’ for the Internet brand name as it is brief, reflective of the locality commonly known as ‘Genting’ in the local society and not ‘Genting Village’ in fuller words, and generic in representation when his business, apart from diving services, expands into other businesses in the locality.
The panelist in Genting Berhad v Genting Casino, Inc, WIPO Case No. D2001-1192 acknowledged that the Complainant was "a famous company with long history and numerous business sectors and it has gained due recognition in some countries especially in Malaysia".
arbiter.wipo.int /domains/decisions/html/2002/dbiz2002-00071.html   (8494 words)

  
 Guardian | Stanley puts ?100m wager on casinos
But chief executive Bob Wiper yesterday denied speculation that Malaysian leisure group Genting is planning to buy the business or force it into a merger with rival, London Clubs International.
Genting, which is Stanley's partner in the race to build the regional super casino, has a stake of just over 20% in Stanley and owns 29% of London Clubs.
Mr Wiper said it will be an "iconic" casino and "we as a group will bid aggressively, but I hasten to add not recklessly," to ensure the company runs the casino.
www.guardian.co.uk /print/0,3858,5242287-103676,00.html   (591 words)

  
 Malaysian firm picks up 30% in Lanco Power   (Site not responding. Last check: 2007-11-06)
Malaysia's Genting Group has entered the Indian power sector by picking up a 30 per cent stake in Lanco Kondapalli Power by buying out US company NRG Energy for $27.5 million.
Genting has picked up the stake in the Kondapalli project as part of a strategic decision to focus on Asia.
The group had been looking at various opportunities in India for sometime and finally zeroed in on the Kondapalli project.
www.rediff.com /money/2003/jul/24lanco.htm   (357 words)

  
 Asia Times - News and analysis from throughout Southeast Asia
Genting International, a 64.3% owned subsidiary of Genting Overseas Holdings Ltd (GOHL), which in turn is wholly owned by Genting Berhad, has agreed to subscribe for shares in SGCL for RM38.3 million (US$10.1 million) in cash.
Genting International also conditionally agreed to sell a 50% interest in Maxims Casino in London, which is currently being acquired by the company's indirect, wholly owned subsidiary, Coastbright Limited, to Stanley Leisure.
The Genting Group has interests ranging from leisure and hospitality to power generation, plantations, property, paper and packaging as well as oil and gas.
www.atimes.com /atimes/Southeast_Asia/FK25Ae03.html   (368 words)

  
 Genting voted world’s leading casino resort
GENTING Highlands Resorts was voted the world's leading casino resort at the World Travel Awards 12th Annual Ceremony 2005 in London on Sunday.
Genting Group chairman Tan Sri Lim Kok Thay said in a statement the award was a recognition of Genting's excellent service and its ability to produce world-class integrated resorts that benefited tourism industries.
Genting's head of strategic investments Justin Leong said Genting was an integrated resort that offered not only casinos, but also entertainment, meeting places for business conventions, or simply a place to unwind from the hustle and bustle of city life.
biz.thestar.com.my /news/story.asp?file=/2005/11/16/business/12606302&sec=business   (224 words)

  
 Current open job for Reservoir - Petroleum Engineer at Genting Oil & Gas Sdn Bhd
The Genting Group has business interests in leisure and hospitality, plantations, properties, paper and packaging, power, e-commerce, and oil and gas.
Arising from the Group’s aggressive expansion in the oil and gas business, we are undertaking a recruitment drive to augment the E and P talent in GOGSB and to provide exciting opportunities for future development.
As the management and technical operations of the Group is head quartered in Kuala Lumpur, Malaysians and Permanent Residents of Malaysia are preferred.
www.worldwideworker.com /job/6-10_years/7537.html   (381 words)

  
 [No title]   (Site not responding. Last check: 2007-11-06)
Genting International (GENS.SI: Quote, Profile, Research), part of tycoon Lim Goh Tong's corporate empire and set up to expand Genting group's gaming activities beyond Malaysia, may use the money for acquisitions or investments in Britain and Asia -- particularly in Macau and Singapore, where the government has invited bids for two casino resorts.
Genting International shares jumped 43 percent in the three months before their suspension, caught up in the excitement over Singapore's $5 billion casino plans.
Genting International, seen as a front-runner for one of the casino sites, made a net profit of $18 million in January-June.
today.reuters.com /business/newsarticle.aspx?type=realEstateRestaurantsHotels&storyID=nSIN229796&imageid=∩=   (483 words)

  
 GENTING SANYEN FORGES AHEAD ON B2B INTEGRATION WITH JAPANESE MNC USING GRIDNODE SOLUTIONS
Genting Sanyen is the largest integrated paper and corrugated carton manufacturer in Malaysia, with a total production of more than 260,000 tonnes in 2002.
Genting Sanyen’s businesses are highly focused on paper manufacturing and packaging.
Genting Sanyen is a subsidiary of the Genting Berhad Group that is listed on the main board of Kuala Lumpur, Malaysia.
www.emediawire.com /releases/2003/8/prweb76131.htm   (1375 words)

  
 Gaming & Tourism for Jan. 20, 2005 (printable version)
Genting Group’s aggregated market capitalization, including Star Cruises, is $8.23 billion.
Genting Highlands Resort, one of Asia’s leading destination resort casinos, is an hour’s drive from Kuala Lumpur, the capital city of Malaysia.
The Genting Group’s membership in the GSA is represented by eGENTING, its technology arm.
www.rgj.com /news/printstory.php?id=90161   (884 words)

  
 Email this Item
'I hand over the chairmanship of the Genting Group of companies, completing the passing of the baton,' he said in his autobiography, which was released to reporters yesterday.
The Fujian, China-born entrepreneur did not speak at the handing-over ceremony at the Genting headquarters in Kuala Lumpur yesterday.
Genting's board accepted his resignation 'reluctantly' and will seek shareholder approval to make Tan Sri Lim an honorary life chairman, said Tun Hanif Omar, Genting's deputy chairman.
www.urbino.net /emailLink.cfm?id=675&page=snippets.cfm   (342 words)

  
 NewStandard: 9/30/99
It was a remark, says Brown, that would prompt the founder of the Genting group, a worldwide conglomerate with interests in casinos, shipping, manufacturing and other businesses, to abruptly cancel his 2 p.m.
Brown's association with Genting as well as with the Mashantucket Tribe during financing negotiations which appeared to be an obvious conflict of interest.
Genting was one of several companies seeking a casino license.
www.s-t.com /daily/09-99/09-30-99/b01bu035.htm   (5792 words)

  
 Stanley Leisure plc   (Site not responding. Last check: 2007-11-06)
The joint venture company, Stanley Genting Casinos Limited, was formed on 23 November 2004 between Stanley Casinos Holdings Limited, a 100% subsidiary of Stanley Leisure plc and Palomino Sun (UK) Limited, a 100% subsidiary of Genting International plc, a subsidiary of Genting Berhad, the holding company for the Genting Group.
The complementary skills and expertise of the two groups will ensure that Stanley Genting Casinos is well placed to maximise the benefits of regional casino opportunities as they develop.
Genting has substantial experience of building and operating very large casinos and also has valuable experience of building and operating large hotels and related leisure and conference facilities on its casino developments.
www.stanleyleisure.com /stanley/Gaming.jsp   (359 words)

  
 Lanco to enter power-trading, distribution
Lanco, which has drawn out investment plans of about Rs 3,500 crore (Rs 35 billion) in the power generation sector over the next five years is in talks with foreign strategic investors and financial investors for stakes in future power projects that the company is slated to start.
The group which has a Rs 2,000 crore (Rs 20 billion) asset base, has interests in power generation, engineering and construction, information technology and manufacturing, is slated to generate 750 mw of power in the next five years.
At present, Lanco has a strategic relationship with the Malaysia-based Genting Group, which has participated in all its power projects so far.
www.rediff.com /money/2004/may/11lanco.htm   (485 words)

  
 Shipping, shipbuilding, offshore news
A key challenge for the group is to strengthen its position in North America without letting its relatively older fleet with fewer facilities damage its brand equity.
The group has a very aggressive capital structure and volatile profitabilityÑoperating margins of 17%-22% in the past four years reflect its weaker competitive position and vulnerability to geopolitical and economic factors.
The stable outlooks on NCL and Star Cruises reflect the expectations of moderate industry growth, and continued support from Genting and the Lim family given the Star Cruises group's importance in the Genting group's core leisure and hospitality business.
www.marinelog.com /DOCS/NEWSMMV/2005aug026.html   (581 words)

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