GENTING BERHAD -SPONS ADR Business Summary

Genting Berhad (GEBHY) is a diversified global holding company that generates the majority of its revenue through its Leisure & Hospitality segment, which operates premier integrated resorts, casinos, and theme parks under the "Resorts World" brand. The company’s multi-sector business model also includes significant revenue streams from palm oil plantations, power generation, property development, and oil and gas exploration. Geographically, its core operations are concentrated in Malaysia and Singapore, with a rapidly expanding footprint in the United Kingdom and the United States, including major assets like Resorts World Las Vegas and Resorts World New York City. Genting competes directly with global gaming giants such as Las Vegas Sands Corp, MGM Resorts International, Wynn Resorts, and Galaxy Entertainment Group, positioning itself as a vertically integrated leader with a unique cross-continental presence and a diversified industrial portfolio that hedges against regional gaming volatility. The company was founded in 1965 by Tan Sri Lim Goh Tong and Mohamed Noah Omar, and it remains under the strategic guidance of the founding family’s second and third generations. Executive Chairman Tan Sri Lim Kok Thay leads the group, while Dato’ Sri Tan Kong Han serves as the Chief Executive Officer and President—a role he assumed in March 2025 as the first non-family member to hold the position. The executive leadership team is rounded out by Deputy CEO Dato’ Indera Lim Keong Hui and Chief Financial Officer Ms. Wong Yee Fun, with segment-specific oversight from executives like Mr. Chia Yu Chau (Oil & Gas) and Mr. Carlos Castro (President of Resorts World Las Vegas). The board of directors features notable independent members such as Tan Sri Foong Cheng Yuen and Datuk Manharlal Ratilal, while the Lim family maintains a controlling interest through Kien Huat Realty, providing a stable foundation for the group’s multi-billion dollar capital expansion projects in the Americas.