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Genting Bhd - 3182(GENTING)

Genting Bhd - 3182 (GENTING)

Genting Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Trading & Services sector. The stock code uses in Bursa Malaysia is "3182" or identify by stock name of "GENTING". More information about Genting Bhd can be found in their website (www.genting.com.my).

EntitlementEx-DateLodgementPayment
Interim Dividend 3.5¢26-09-201228-09-201225-10-2012
Interim 3.5 cents28-09-201130-09-201127-10-2011
Stock quote also available at Bursa Malaysia, The Star.
 

Genting Berhad is the investment holding and management company of Genting Group. Genting Group was founded by the late Tan Sri (Dr.) Lim Goh Tong in 1965 when he began the initial development works of building a 20-kilometre private access road, across tough mountainous terrains from the foothills to the summit of Mount Ulu Kali, located at 2,000 metres above sea level.

The company was incorporated under the Companies Act 1965 on 30 July 1968 under the original name of Genting Highlands Hotel Sdn Bhd to operate a hotel and casino, and to develop an integrated tourist complex in Genting Highlands, Malaysia. Genting's company registration number is 7916-A. The company changed its name to Genting Highlands Hotel Berhad upon its its conversion into a public company on 24 July 1970. It assumed its present name of Genting Berhad on 9 June 1978.

Genting Berhad is 39.5% owned by Kien Huat Realty Sdn Bhd, a private company controlled by the late Tan Sri (Dr.) Lim Goh Tong's family.

Genting Group via Genting Berhad became involved in palm oil production in 1980 with the acquisition of The Rubber Trust Group, comprising three Hong Kong plantation companies which owns approximately 13,660 hectares of plantation land in Peninsular Malaysia. This division under listed entity Genting Plantations Berhad now has about 133,000 hectares of land in Malaysia and Indonesia. It is one of the leading and lowest cost palm oil producers in Malaysia.

The shares of Genting Berhad were listed on the Main Market of Bursa Malaysia Securities Berhad in 1971. A restructuring exercise was undertaken in 1989, which involved the initial public offering and listing of Genting Malaysia Berhad on Bursa Securities and resulted in Genting Berhad's becoming an investment and management company.

Genting Group via Genting Berhad became involved in the electricity power generation and supply and the paper manufacturing businesses in 1994, with the acquisition of Genting International Paper Holdings Limited, and in the exploration and production of oil and gas in 1996 under Genting Oil & Gas Limited. In July 2007, the Group divested its paper and packaging business to focus on its core businesses.

Genting Berhad's registered office is located at 24th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia.

Latest News

 
Genting continues to appeal to investors - The Star Online

Genting continues to appeal to investors
The Star Online
KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its “Overweight” rating on casino operators in Malaysia, with Genting Bhd as the top pick due to the possibility of a special dividend in conjunction with the group's 50th anniversary this year.

CIMB Research lowers Genting target price - The Star Online

The Star Online

CIMB Research lowers Genting target price
The Star Online
In its research note on Thursday, CIMB Research explained that the new target price for Genting followed its recent target-price revisions for Genting Singapore PLC (GenS) and Genting Plantations Bhd (GenP), and based on a wider holding company ...

and more »
Fund excludes IJM and Genting from investments - The Star Online

The Star Online

Fund excludes IJM and Genting from investments
The Star Online
PETALING JAYA: Norway's US$871bil sovereign wealth fund Norges Bank has excluded IJM Corp Bhd and Genting Bhd from its investments due to risks of “severe environmental damage”. Two other companies that the fund said it would not invest in are ...
Genting down 2% as it gets dropped by Norwegian fundThe Malaysian Insider
Genting, IJM shares fall on Norway fund exclusionThe Sun Daily
Norway fund axes four Korean and M'sian firms over palm oilFree Malaysia Today
Malaysia Chronicle -Wall Street Journal
all 123 news articles »
RAM expects Genting's debt to rise but net gearing to remain robust - The Star Online

RAM expects Genting's debt to rise but net gearing to remain robust
The Star Online
RAM Ratings' head of consumer and industrial ratings, Kevin Lim said: “Notwithstanding weaker cashflow debt-coverage levels, Genting's high cash levels are expected to be maintained, while its metrics are anticipated to improve in the medium term.”

Lim realigns Genting units for casino, cruise expansions - The Malaysian Insider

Lim realigns Genting units for casino, cruise expansions
The Malaysian Insider
The Lim family's Kien Huat Realty Sdn Bhd owns 40% of Genting Bhd, which holds 52.6% of Genting Singapore and 49.3% of Genting Malaysia Bhd. The family's exposure in Genting Hong Kong is larger – controlling about 61.9% of Genting Hong Kong ...

and more »
Philippine govt lauds M'sian firms - The Star Online

Philippine govt lauds M'sian firms
The Star Online
The companies included Genting Malaysia Bhd, Boustead Heavy Industries Corp Bhd, MMC Corp Bhd, AIG Shared Services (M) Sdn Bhd, Schlumberger Business Support Hub Sdn Bhd and Sapura-Kencana Petroleum Bhd. The recognised companies will ...

Genting posts lowest quarterly earnings in 6-1/2 years - The Malaysian Insider

Genting posts lowest quarterly earnings in 6-1/2 years
The Malaysian Insider
Genting Bhd on Wednesday posted a sharp drop in quarterly net profit to its lowest level in 6-1/2 years. The group, controlled by Lim Kok Thay, Malaysia's fourth richest man according to Forbes, said net profit for the April-June period slumped 81.7 ...

and more »
Genting eyes 7% FFB growth rate in FY15 - The Edge Markets

The Edge Markets

Genting eyes 7% FFB growth rate in FY15
The Edge Markets
Maintain buy with a lower target price (TP) of RM10.13: Genting Plantations Bhd reported a net profit of RM40 million for its second quarter ended June 30 of financial year 2015 (2QFY15). The quarterly net profit dropped 42.2% year-on-year (y-o-y) and ...

Ho Wah Genting plunges 17.4% on proposed capital reduction - The Edge Markets

Ho Wah Genting plunges 17.4% on proposed capital reduction
The Edge Markets
KUALA LUMPUR (Aug 6): Ho Wah Genting Bhd's share price plunged as much as 2 sen or 17.4% to 9.5 sen this morning after the company proposed capital reduction and renounceable rights issue to raise funds for debt repayment. As at 10.30am, Ho Wah ...
Ho Wah Genting proposes share reduction, rights issueThe Star Online

all 2 news articles »
Genting Malaysia, CIMB and Maxis underpin KLCI's gains - The Star Online

The Malaysian Insider

Genting Malaysia, CIMB and Maxis underpin KLCI's gains
The Star Online
At Bursa Malaysia, Genting Malaysia rose nine sen to RM3.99 and added 0.92 point to the KLCI. Genting Bhd rose 12 sen to RM7.22 and nudged the index up 0.77 of a point. CIMB rose six sen to RM5, Maybank three sen to RM8.46, RHB Cap one sen to ...
Good stocks ripe for the pickingNew Straits Times Online

all 40 news articles »

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