Genting Berhad
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July 1, 2020
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Genting Berhad

Revenue:
MYR 21,616.5 million (2019)
Profit:
MYR 3,681.1 million (2019)
Employees:
55,000 (2019)
GICS Industry Group:
Headquarters:
Kuala Lumpur, Malaysia
Founded:
1965
Current CEO:
Lim Kok Thay (Dec 2003–)
Parent:
This is the ultimate parent

Description

Genting Berhad is a public limited liability company incorporated and domiciled in Malaysia and acts an investment holding and management company. The principal activities of the Genting Berhad and its subsidiaries include leisure and hospitality, gaming and entertainment businesses, development and operation of integrated resort, plantation, generation and supply of electric power, property development and management, tours and travel related services, investments, life sciences and biotechnology activities and oil and gas exploration, development and production activities.

The registered office of the company is 24th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur.

Genting Berhad is listed on the Bursa Malaysia under the code GENTING.

In Malaysian Ringgit (MYR)
In Malaysian Ringgit (MYR)
In Malaysian Ringgit (MYR)

Operating Segments:

Leisure and hospitality - This segment includes gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, tours and travel related services, development and operation of integrated resorts and other support services. For the year end 31 December 2019, the leisure and hospitality segment accounted for 82.02% (MYR 17,730.0 million) of total revenue.

Plantation - This segment is involved mainly in oil palm plantations, palm oil milling and related activities. For the year end 31 December 2019, the plantation segment accounted for 9.92% (MYR 2,144.0 million) of total revenue.

Power - This segment is involved in generation and supply of electric power. For the year end 31 December 2019, the power segment accounted for 4.91% (MYR 1,060.3 million) of total revenue.

Oil and gas - This segment is involved in oil & gas exploration, development and production activities. For the year end 31 December 2019, the oil and gas segment accounted for 1.43% (MYR 309.5 million) of total revenue.

Property - This segment is involved in property development activities and property investment. For the year end 31 December 2019, the property segment accounted for 1.04% (MYR 224.7 million) of total revenue.

Note: All other immaterial segments including investments in equities are aggregated and disclosed under “Investments & Others", which for the year end 31 December 2019 accounted for 0.68% of total revenue.

Mergers and Acquisitions:

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