- 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
- Dec 27, 2010
- Business
- Genting Berhad 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, incorporated in 1968 and listed on Bursa Malaysia in 1971 as part of the Genting Group founded in 1965, maintains its headquarters at Wisma Genting in Kuala Lumpur, Malaysia, and oversees operations across Malaysia, Singapore, Indonesia, India, China, the United States, the Bahamas, the United Kingdom, and Egypt. Through its subsidiaries and affiliates, including listed entities Genting Malaysia Berhad, Genting Plantations Berhad, and Genting Singapore Limited, as well as unlisted units Genting Energy Limited and Resorts World Las Vegas LLC, Genting Berhad offers a diverse portfolio of products and services such as integrated resorts featuring casinos, hotels, theme parks, food and beverage outlets, retail shopping, and entertainment attractions under premier brands including Genting, Resorts World, Genting Grand, Genting Club, Crockfords, and Maxims; oil palm plantation operations spanning over 243,200 hectares with associated palm oil milling; power generation facilities like the Banten Power Plant in Indonesia; oil and gas exploration in blocks such as Chengdaoxi in China; property developments including premium outlets and townships; and biotechnology research via facilities like ACGT Laboratories. Key properties encompass Resorts World Genting and Resorts World Awana in Malaysia, Resorts World Sentosa in Singapore with Universal Studios partnership, Resorts World New York City and Resorts World Bimini in the United States and Bahamas, over 40 casinos in the United Kingdom such as Resorts World Birmingham, and Resorts World Las Vegas under development. In recent developments, Genting Berhad launched a mandatory takeover offer in October 2025 to privatize its 49.3%-owned subsidiary Genting Malaysia Berhad at RM2.35 per share in a RM6.7 billion deal, increasing its stake above 57% by November 2025 to enhance capital allocation, operational efficiency, and support for major investments including Genting Malaysia's pursuit of a New York casino license for a US$5.5 billion integrated resort in Queens; the company also issued $104 million in medium-term notes in November 2025 to fund this transaction, alongside appointing Dato' Sri Tan Kong Han as its first non-family CEO in March 2025.