- CEO
- Kong Han Tan
- Full Time Employees
- 54,000
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- Wisma Genting Kuala Lumpur Malaysia 50250
- IPO Date
- Oct 15, 2010
- Business
- Genting Berhad is an investment holding and management company principally engaged in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences, and biotechnology activities. The company, founded in 1965 by the late Tan Sri Lim Goh Tong and incorporated in 1968, is headquartered in Wisma Genting, Kuala Lumpur, Malaysia, and maintains global operations across Malaysia, Singapore, Indonesia, India, China, the United States, the Bahamas, the United Kingdom, and Egypt. Its core leisure and hospitality offerings, marketed under premier brands including Genting, Resorts World, Genting Grand, Genting Club, Crockfords, and Maxims, encompass integrated resorts with casinos, hotels, theme parks, convention facilities, dining, retail, and entertainment; these include flagship properties such as Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore, Resorts World New York City and Resorts World Las Vegas in the United States, Resorts World Bimini in the Bahamas, and over 40 casinos in the United Kingdom operated through Genting Malaysia Berhad. In plantations, Genting Plantations Berhad manages oil palm cultivation across 243,200 hectares in Malaysia and Indonesia; power generation and oil and gas activities are handled by Genting Energy Limited, featuring assets like the Banten Power Plant in Indonesia and the Chengdaoxi Block in China; property development includes projects such as Genting Pura Kencana in Malaysia and Johor Premium Outlets; while life sciences and biotechnology are advanced through ACGT Laboratories in Malaysia. The group oversees listed subsidiaries Genting Malaysia Berhad (49.3% owned), Genting Plantations Berhad (55.4% owned), and Genting Singapore Limited (52.6% owned), alongside unlisted units like Resorts World Las Vegas LLC, employing approximately 54,000 people worldwide. In recent developments, Genting Berhad launched a RM6.74 billion conditional cash offer in October 2025 at RM2.35 per share to acquire the remaining 50.64% stake in Genting Malaysia Berhad, aiming for full control to enhance capital allocation, operational efficiency, and support for major investments including a US$5.5 billion expansion of Resorts World New York City into a full-scale integrated casino resort following securing a downstate New York gaming license; the privatization bid, funded by internal resources and up to RM6.3 billion in debt, is targeted for completion by Q4 2025 subject to regulatory approval, amid intensified U.S. expansion efforts. As of March 2025, Dato' Sri Tan Kong Han was appointed as the first non-family Chief Executive Officer.