Company: Genting Group
Family Name: Lim
Given Name: Kok Thay
Role: Chairman and CEO
Profile: Lim is a Malaysian billionaire who took over the Genting Group in 2003 after the retirement of his father, Lim Goh Tong, who was the founder of the company. The Genting Group has continued to prosper until the leadership of the younger Lim, who played a key in, among other projects, building Resorts World Sentosa in Singapore. Recently, the Lim family has been divided over high-stakes inheritance disputes, with several court cases pending.
Monopoly in Malaysia. Monopoly in the five boroughs of New York. Duopoly in Singapore. Oligopoly in Manila. What is there not to like? Sure, Genting has had its fair share of misses, but they are easily forgiven in the light of the big scores on the board.
Genting Singapore Chairman Lim Kok Thay revealed at a shareholders meeting last week an outline of his company’s IR strategy in Japan, involving a plan for multiple bids, including those outside of the major urban markets around the Tokyo and Osaka regions.
Genting Singapore has made a rare statement about its intentions in Japan in its recently issued Annual Report 2018.
Genting Berhad Chairman and CEO Lim Kok Thay said the operator would be interested in bidding for a license in Macau should the government open the market to further entrants during the concession renewal process, local media reports.