Monday, December 10, 2007

Tan Sri Lim Kok ThayChairmanGenting Bhd

It has been an eventful year for this diversified conglomerate, which is involved in the gaming, power generation, plantations and oil and gas industries.

Early this year, it announced that it had bought a 75% stake in a casino project to be operated by Macau magnate Stanley Ho for RM1.57bil.

More recently, it appears that it has set its sights on the British gaming industry when its subsidiary Genting International Plc bought a 9.38% stake in Rank Group plc – the second biggest casino operator in Britain.

Genting International is also in the midst of building its S$5.75bil Sentosa integrated resort in Singapore, following a successful bid for one of the two integrated resorts in the republic last year.

On a lighter note, Genting Highlands Resort was this year’s winner of the Malaysia Property Award in the resort development category.

Meanwhile, its plantation unit Asiatic Development Bhd was in the limelight when it said it could go on an acquisition trail to boost the group's prospects in July.

Tan Sri Lim Kok Thay, the second son of the late Tan Sri Lim Goh Tong, who passed away in October this year is at the forefront of all this.

While it appears that Lim has big shoes to fill, he has already in fact proven that he is capable of taking the conglomerate to greater heights with the group's successful execution of its overseas expansion plans, thus far.

Kok Thay took over from the senior Lim and headed the group in December 2003.

In 2004, Genting Bhd was acknowledged as the No.1 leading company in Malaysia by The Asian Wall Street Journal 200.

It was also rated No.1 in Malaysia and No.2 in Asia for Overall Best Managed Company for the Decade by Asiamoney.

No comments:

① 凡本网注明来源的文/图等作品均为转载稿,本网转载出于传递更多信息之目的,并不代表本网赞同其观点和对其真实性负责。
② 如因作品内容、版权和其它问题侵犯到了您的权益,请与我们 联系。
Disclaimer: The content provided on tonytan8888.blogspot.com is for informational purposes only; do not make any financial decisions based on its content. Financial decisions are personal, based on an individual's situation. Consult with a financial professional before making any financial decisions. tonytan8888.blogspot.com is not liable for your financial actions.