transparency. Organization Background Resorts World Berhad is a member company of the Genting Group‚ it is know as one of Asia’s leading and best managed multinationals. At the same time‚ Resorts World is one of the world’s leading leisure and hospitality corporations with strong financial and management expertise in developing and managing integrated entertainment resorts. What made Resort World famous will be Genting Highlands Resort‚ which was voted the World’s Leading Casino Resort 2005 and Asia’s
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Pestel Analysis of Genting Group Political : Had top political support from Tunku Abdul Rahman. One and only casino in Malaysia issued with a gaming license Economic : Key economic contributor to the tourism industry in Malaysia - registering a new high of 19.6 million visitors in year 2007. Creation of vast job opportunities – provided leisure-related jobs to over 13‚000 people (mainly Malaysians) Social : Genting has become the ‘city of entertainment’ and have thus attracted visitors from
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position of GMB‚ it is true to say that GMB does not need to rely on external funding to fund its operations thus saving it from finance costs and also fulfilling its shareholders needs of maximising wealth. In Malaysia‚ GMB’s main resort‚ Genting Highlands Resort‚ is situated at the peak of a hill thus making it an ideal tourist attraction due to its cooling weather and the availability of various entertainment facilities for all ages. From the annual report‚ it is evident that
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1.0 Introduction I choose Genting Berhad as the organization for the Strategic Management report. I worked in Awana Genting Highlands almost one year before I worked in government sector. Awana Genting Highlands is one of the six hotels under the Genting Berhad. Genting Berhad is a management company and investment holding of Genting Group. It was founded by the late Tan Sri Lim Goh Tong in 1965 when he want to make a 20 km access road across mountainous which was located about 2000-metres above
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THE GENTING GROUP The Genting Group was founded by the late Tan Sri (Dr.) Lim Goh Tong in 1965. It is one of Malaysia’s top multinational corporations. The Genting Group involves in several different sectors such as the leisure & hospitality‚ power generation‚ oil palm plantation‚ property development‚ biotechnology and oil & gas sectors. Tan Sri (Dr.) Lim Goh Tong started his project with the building of a 20-kilometre private access road‚ across tough mountainous terrains from the
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References: Genting. (2011). Awards and Recognition. Retrieved November 24‚ 2011‚ from http://www.genting.com/awards/index.htm Genting. (2011). Genting Group. Retrieved November 24‚ 2011‚ from http://www.genting.com/mission.htm Genting. (2011). Sustainability. Retrieved November 24‚ 2011‚ from http://www.genting.com/sustainability/index.htm
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The history of Genting Highland’s casino is intertwined with the famous resort and the sole casino owner in Malaysia. Genting’s founder‚ Tan Sri Lim Goh Tong had a dream of building a world-class hill resort‚ and a part of that dream was the establishment of a casino that would rival any in Asia. On 28th April 1969‚ he submitted an application for a casino license to the Prime Minister Tunku Abdul Rahman. By sheer providence‚ a cabinet meeting was being held that very afternoon‚ and Tan Sri Lim Goh
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Genting Highland Resort World | 2009 | | | INDEX - Genting Group founded by Tan Sri (Dr.) Lim Goh Tong. - Resorts World Genting Formerly‚ it is known as Genting Highlands Resort. - located at 2‚000 meters above the sea level and 58 kilometers from Kuala Lumpur. Background - Tunku Abdul Rahman ( The Prime Minister ) was impressed that the private sector‚ without assistance of Government‚ could develop a mountain resort . - subsequently a gaming licence was suggested to help
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reviewed and adapted in relation to four core areas of interests‚ namely the conservation of natural resources (energy‚ fuel and water)‚ waste management‚ prevention of pollution to water‚ land and air‚ as well as the use of renewable energy. The Group employs various schemes to conserve natural resources and reduce the consumption of energy‚ fuel and water. A professional consultant is engaged to conduct an energy audit to identify costeffective energy-saving opportunities in line with the building
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of the organization Genting Malaysia has been principally involved in the leisure and hospitality business covering theme parks‚ gaming‚ hotels‚ seaside resorts and entertainment for over 45 years. Its loyalty card programme (“Genting WorldCard”) has to-date garnered a following of over 3.3 million members from its operations in Malaysia alone. The jewel in its crown is Resorts World Genting‚ a premier integrated family leisure and entertainment resort at the peak of Genting Highlands that attracted
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