Genting Bhd-owned Resorts World Las Vegas to open on June 24
KUALA LUMPUR (April 20): Genting Bhd-owned Resorts World Las Vegas (pictured) in the US will officially open its doors on June 24, 2021.
After pay cut, Genting boss still took home RM74.8m in 2020
KUALA LUMPUR (April 10): Genting Bhd chairman and chief executive Tan Sri Lim Kok Thay (pictured) took home RM74.
Genting Singapore says chairman Lim Kok Thay took more than 50% pay cut in FY20, not big increment
KUALA LUMPUR (March 27): Genting Singapore Ltd (GENS) yesterday clarified its executive chairman Tan Sri Lim Kok Thay received less than S$5 million (RM15.
Genting chairman buys over Genting Hong Kong’s stake in Grand Banks Yachts for HK$62.58m
KUALA LUMPUR (March 25): Genting Hong Kong Ltd is selling its entire stake in Grand Banks Yachts to Genting Bhd chairman Tan Sri Lim Kok Thay (pictured) for HK$62.
Genting Americas sues insurers to claim US$500m losses at two resorts
KUALA LUMPUR (March 8): Genting Group-owned Resorts World Casino New York City and Miami Hilton have filed a suit against more than a dozen insurers claiming they wrongly denied coverage for some US$500 million (RM2.
Kanger International bags RM478m contract to build two blocks of apartments in Genting Highlands
KUALA LUMPUR (March 3): ACE Market-listed Kanger International Bhd's wholly owned unit has bagged a contract to build two blocks of serviced apartments totalling RM478 million in Genting Highlands.
Genting Malaysia’s senior management takes temporary voluntary 20% salary cut, asks staff to consider variation in employment contract based on rank
KUALA LUMPUR (March 3): Genting Malaysia Bhd’s senior management team has taken a temporary voluntary 20% salary cut for three months, and the company has written to staff for them to consider a variation in their employment contract with a suggested variation staggered depending on job grade from 15% to 20% reduction in salary or one day no pay leave per week, according to a letter sighted by The Edge.
Grand-Flo proposes two property acquisitions after posting higher net profit in FY20
KUALA LUMPUR (March 3): Grand-Flo Bhd is planning to buy two properties in Genting Highlands — the land and project development rights of an ongoing mixed development known as Grand Ion Majestic (GIM), and the adjacent serviced apartments and commercial lots of a completed project known as Grand Ion delemen (GID) — for RM422.
GenM clinches RM707m loan for land at Resorts World Casino New York City
KUALA LUMPUR (Feb 25): Genting Malaysia Bhd (GenM) has accepted a US$175 million (RM707 million) loan from US bank Wells Fargo for a piece of vacant land at its Resorts World Casino New York City.
The long-awaited Genting Skyworlds will open in Q2 this year
PETALING JAYA (Feb 23): Genting Malaysia Bhd's Resorts World Genting (RWG) has invested more than US$800 million (RM3.
