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Background
Resorts World Sdn Bhd, a private company limited by shares (registration number
58019-U), was incorporated on 7 May 1980 under the Companies Act 1965. Upon
conversion into a public company in 1989, its name was changed to Resorts World
Bhd (1989 - 2009), and subsequently Genting Malaysia Berhad (“Genting
Malaysia”).
In 1989, Genting Berhad and Genting Malaysia underwent a restructuring exercise,
which resulted in Genting Malaysia acquiring from Genting Berhad its entire
gaming, hotel and resort-related operations inclusive of goodwill and other
relevant assets. The shares of Genting Malaysia have been listed on the Main
Market of Bursa Malaysia since 22 December 1989.
Malaysia
Genting Malaysia has been principally involved in the leisure and hospitality
business covering theme parks, gaming, hotels, seaside resorts and entertainment
for over 45 years. Its loyalty card programme (“Genting WorldCard”) has to-date
garnered a following of over 3.3 million members from its operations in Malaysia
alone. The jewel in its crown is Resorts World Genting, a premier integrated
family leisure and entertainment resort at the peak of Genting Highlands that
attracted over 19 million visitors annually in the last five years.
Resorts World
Genting offers 6 hotels, 200 dining and retail outlets, mega shows, business
convention facilities, 40 fun rides and endless entertainment. The hotels at
Resorts World Genting are Maxims Genting, Highlands Hotel, Theme Park Hotel,
Resort Hotel, Awana Hotel and First World Hotel – one of the world’s largest
hotels. Genting Malaysia also owns two beautiful seaside properties, namely
Resorts World Kijal
(formerly Awana Kijal Golf, Beach & Spa Resort) in Terengganu and
Resorts World
Langkawi (formerly Awana Porto Malai) in Langkawi. Collectively, our
properties in Malaysia offer a total of approximately 10,000 rooms.
International
In the United States, Resorts
World Casino New York City (“RWNYC”) marked its debut in October 2011,
featuring 2,485 Video Lottery Terminals (“VLTs”) and Electronic Table Games (“ETGs”).
In December 2011, RWNYC flipped the switch on 2,515 additional VLTs and ETGs
with the opening of the Fifth Avenue Casino and Crockfords Casino on the second
floor, alongside upscale signature dining options and live entertainment. The
130,000 square feet Central Park Events Center also opened, offering an exciting
new venue in the city for a multitude of events. RWNYC and its new amenities
provide a total of 6,400 parking spaces and are accessible by public
transportation.
In May 2011, Bayfront 2011 Property LLC, a wholly-owned indirect subsidiary of
Genting Malaysia Berhad, purchased about 13.9 acres of prime freehold waterfront
property in downtown Miami for US$236 million.
Resorts World Miami, as
the mixed-use development will be called, will include hotel, convention,
entertainment, restaurant, retail, residential and commercial facilities. A
comprehensive plan for Resorts World Miami was unveiled in September 2011.
The Group also secured ownership of a prime freehold property called the Omni
Center. The Omni Center, located in downtown Miami Florida, USA, includes
650,000 square feet of shopping mall space, 350,000 square feet of office space,
a 525-room Hilton Hotel and 2,300-space parking garage. The Omni Center is sited
adjacent to the Miami Herald property purchased earlier in May 2011. Including
the acquisition of other properties, the Group has assembled a contiguous
30-acre prime freehold waterfront site in the heart of the City of Miami,
overlooking Biscayne Bay.
Acquired by Genting Malaysia in October 2010,
Genting UK is one
of the leading casino operators in the United Kingdom and a leading innovator in
the provision of high quality, customer focused gaming. Genting UK operates 6
casinos in London namely Crockfords, Maxims Casino Club, The Colony Club, The
Palm Beach, London Mint and Fox Poker Club; and an additional 37 regional
casinos in the UK provinces under Genting Club and Genting Casino brands. These
casinos offer memorable experiences with various slots and table games in
addition to restaurants, bars and other entertainments.
The opening of Genting Club Riverlights, Derby in November 2011 is part of the
Group’s plan to revitalise its provincial casinos. Genting Club Riverlights
offers the very latest in gaming technology in a vibrant and exciting
environment, complete with a restaurant and two bars for great
entertainment.
In June 2011, the Group was awarded a large casino licence to develop a leisure
and entertainment complex at the National Exhibition Centre (“NEC”) in
Birmingham, England. The site will be known as
Resorts
World At The NEC and is expected to be operational by 2015. Resorts World
will bring a unique new offering to The NEC featuring a casino, hotel
accommodation, a spa, conference and banqueting centre, a multi screen cinema, a
wide range of food and beverage outlets and an outlet centre.
Others
In 1998, Genting Malaysia undertook an equity
investment in
Genting Hong Kong Ltd
(formerly known as
Star Cruises Limited),
with core businesses in both land and sea-based businesses as such
Star Cruises,
Norwegian Cruise Lines1 and Resorts World Manila2. Genting
Malaysia currently owns about 18.4% of Genting Hong Kong Ltd.
1 A
50% joint ownership alongside Apollo and TPG
2 A joint partnership with Alliance Global Group under
Travellers International
Accolades
Resorts World Genting was voted the World's Leading Casino Resort (2005, 2007 to
2010) and Asia's Leading Casino Resort from 2005 to 2010 by World Travel Awards.
Resorts World Genting also won various culinary awards at the recent Malaysia
International Gourmet Festival 2011 and Hospitality Asia Platinum Awards (HAPA)
2011 - 2013 Regional Series.
Genting Malaysia's registered office:
24th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.
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