GENTING BERHAD
24TH FLOOR, WISMA GENTING,
JALAN SULTAN ISMAIL, KUALA LUMPUR
Tel: (60) 3 2178 2288
Fax: (60) 3 2161 5304
Listed Since: 28.12.1971
Trading Board: MAINBOARD
Sector: TRADING/SERVICES
Par Value: 0.10
Indices: COMPOSITE, EMAS
SIC Code: HOTELS AND MOTELS (7011)
Company Brief:
Genting Berhad is the investment holding and management company of Genting Group. Genting Group was founded by Tan Sri Lim Goh Tong in 1965 when he began the initial development works of building a 20-kilometre private access road, across tough mountainous terrains from the foothills to the summit of Mount Ulu Kali, located at 2,000 metres above sea level. The company was incorporated under the Companies Act 1965, on 30 July 1968 under the original name of Genting Highlands Hotel Sdn Bhd to operate a hotel and casino and to develop an integrated tourist complex in Genting Highlands, Malaysia. Genting?s company registration number is 7916-A. The company changed its name to Genting Highlands Hotel Berhad upon its conversion into a public company on 24 July 1970. It assumed its present name of Genting Berhad on 9 June 1978.
Genting Berhad is 41.4% owned by Kien Huat Realty Sdn Bhd, a private company controlled by Tan Sri Lim Goh Tong and family.Genting Group via Genting Berhad became involved in palm oil production in 1980 with the acquisition of The Rubber Trust Group, comprising three Hong Kong plantation companies, which owns approximately 13,660 hectares of plantation land in Peninsular Malaysia. This division under listed entity, Asiatic Development Berhad now has a land bank of over 71,000 hectares and is one of the leading and lowest cost palm oil producers in Malaysia.
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