News about Genting

KUALA LUMPUR (Aug 20): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned subsidiary Genting (USA) Ltd (GenUSA) has acquired a 49% stake in joint venture company (JVCo) Hercules Topco LLC, which will hold all outstanding shares in Empire Resorts Inc under Empire's planned delisting from the US stock market.

PETALING JAYA (Aug 5): Kylie Jenner (of the Kardashians) has booked the superyacht Equanimity (recently renamed Tranquility) to celebrate her 22nd birthday.

KUALA LUMPUR (July 25): Genting Malaysia Bhd has settled with Fox Entertainment Group Llc, Twentieth Century Fox Film Corp, FoxNext Llc, Twenty First Century Fox Inc (21st Century Fox) and Walt Disney Co (Disney) over the construction of an outdoor theme park.

KUALA LUMPUR (July 1): Videos of a fire at Genting Malaysia Bhd's new indoor theme park, the Skytropolis Funland, which just opened about eight months ago, have gone viral on social media and WhatsApp.

KUALA LUMPUR (June 20): Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay (pictured) has reportedly announced he would take a 20% pay cut to offset the effect of heavy gaming taxes which have weighed on the group’s financial performance.

KUALA LUMPUR (June 11): Donaco International Ltd, which is linked to the late Genting Group founder Tan Sri Lim Goh Tong's grandsons, said today Benjamin Lim Keong Hoe's (pictured)  role as interim chief executive officer (CEO) and managing director has now concluded following Paul Arbuckle's appointment as CEO.

PETALING JAYA (April 30): Equanimity’s new owners has renamed the superyacht Tranquility.

  KUALA LUMPUR (April 10): Genting Bhd said the construction of Resorts World Las Vegas is progressing well, with the casino and resort on track to open by end 2020.

KUALA LUMPUR (April 4): Genting Bhd said yesterday its indirect wholly-owned subsidiaries Resorts World Las Vegas LLC and RWLV Capital Inc had on Tuesday priced their US$1 billion (RM4.

KUALA LUMPUR (April 3): Finance Minister Lim Guan Eng said today the amount of money and effort to maintain and service superyacht Equanimity is "very taxing" because the government incurred some RM14.