BUSINESS ACTIVITIES

Background
Resorts World Sdn Bhd, a private company limited by shares, 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”) (Co. number 58019-U).

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. GENM’s shares have been traded on the Main Market of Bursa Malaysia since its listing on 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 50 years. Its Genting Rewards Card Loyalty Programme in Malaysia has to-date garnered a following of 3.7 million members. Resorts World Genting, a premier integrated family leisure and entertainment resort sited at the peak of Genting Highlands, welcomes approximately 20 million visitations annually and is a major tourist destination of choice in Malaysia.

Resorts World Genting
 is equipped with 6 hotels, theme parks and entertainment attractions, dining and retail outlets, international shows and business convention facilities. The hotels at Resorts World Genting are Genting Grand, Maxims, Resort Hotel, Theme Park Hotel, Awana Hotel and First World Hotel – World’s Largest Hotel, as recognised by Guinness World Records. Genting Malaysia has also embarked on a 10-year master plan to reinvigorate and transform Resorts World Genting under the Genting Integrated Tourism Plan (“GITP”). This includes the development of the world’s first Twentieth Century Fox World theme park. Its first offering, the new First World Hotel Tower 3, was fully opened in June 2015. Other GITP attractions and facilities are expected to be opened in stages from the second half of 2016.

Genting Malaysia also owns two beautiful seaside properties, namely
Resorts World Kijal in Terengganu and Resorts World Langkawi in Langkawi. Collectively, our properties in Malaysia offer over 10,000 rooms.

International
In the United States, Genting Malaysia operates Resorts World Casino New York City
(“RWNYC”), the first and only video gaming machine facility in New York City, at the site of Aqueduct Racetrack. RWNYC is a leading entertainment hub providing approximately 5,500 electronic gaming machines. In addition to its gaming facilities, RWNYC is also renowned for its premier dining and entertainment offerings. RWNYC has achieved several milestones - its daily revenue per machine has consistently been above that of the statewide and industry averages. It has also established itself as the leading gaming operator in the Northeast US market despite intense regional competition.

The Group owns a contiguous 30-acre prime freehold waterfront site overlooking Biscayne Bay in downtown Miami, Florida, United States. The site includes the Omni Center, which consists of retail space, office space and a 527-room Hilton Hotel.

Acquired by Genting Malaysia in October 2010,
Genting UK is one of the leading casino operators in the United Kingdom with 43 operating casinos. Genting UK operates 6 casinos in London, including four of the most prestigious brands in the capital city, namely Crockfords, the Colony Club, Maxims Casino Club and The Palm Beach. The remaining casinos are located in the UK provinces. These casinos offer memorable experiences with various slots and table games in addition to restaurants, bars and other entertainments. Resorts World Birmingham, the Group’s latest property, was opened in October 2015. As the first integrated leisure complex in the UK, Resorts World Birmingham, which comprises a Genting International casino, a 178-room four-star Genting Hotel, spa and conference facilities, a multi-screen cinema, food and beverage outlets and an outlet centre, will bring a myriad of unique and exciting leisure and entertainment offerings to its visitors. The Group also secured the naming rights of the second largest concert arena in the UK in early 2015 – the arena was renamed Genting Arena.

Others
Genting Malaysia has an equity investment of 16.9%
Genting Hong Kong Ltd, which has core businesses in both land and sea-based businesses comprising Star Cruises, Dream Cruises, Crystal Cruises, German shipyard – Lloyd Werft Group, prominent nightlife brand – Zouk and Resorts World Manila1.


Notes:
1. Owned and operated by Travellers International Hotel Group Inc, an associate of Genting Hong Kong


Genting Malaysia's registered office:
24th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.
 

 

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