Genting Bhd

OTC:GEBEY

Genting Berhad, a Malaysian conglomerate, orchestrates a diversified portfolio that spans across key sectors of the global economy. Founded by the visionary entrepreneur Lim Goh Tong in 1965, the company has evolved into a multi-national force, primarily anchored in the leisure and hospitality industry. At its core, Genting Berhad is renowned for its flagship integrated resort operations, which include world-class hotels, casinos, and theme parks that attract millions of visitors annually. These resorts, epitomized by the iconic Resorts World brand, serve as the company's cornerstone, not only providing entertainment but also generating substantial revenue through gaming and non-gaming activities such as luxury retail and dining experiences. Beyond its leisure empire, Genting Berhad extends its reach into plantation, power generation, oil and gas exploration, and biotechnology sectors. By leveraging its expertise in managing large-scale operations and investments, the company strategically identifies and nurtures opportunities in these industries, driving profitability and growth. In plantations, it benefits from extensive oil palm estates, while its power segment underscores the essential role of energy production and sustainable practices. Meanwhile, the exploration for oil and gas and advancements in biotech reflect Genting’s commitment to diversification and innovation. Cumulatively, these ventures underpin Genting Berhad's robust financial performance, allowing it to sustain a complex yet resilient business model amid fluctuating global economic conditions.