Malaysia $1.1 Billion Genting Plantation Indonesia Indirect Subsidiary Susantri Permai Fined $23.4 Million (396 Billion Rupiah) by Indonesia Forest Area Enforcement Task Force, Genting Plantation is Subsidiary of Malaysia Billionaire Lim Kok Thay $2.7 Billion Casino & Investment Group Genting

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Malaysia $1.1 Billion Genting Plantation Indonesia Indirect Subsidiary Susantri Permai Fined $23.4 Million (396 Billion Rupiah) by Indonesia Forest Area Enforcement Task Force, Genting Plantation is Subsidiary of Malaysia Billionaire Lim Kok Thay $2.7 Billion Casino & Investment Group Genting

17th January | Hong Kong

Malaysia Genting Plantation ($1.1 billion market value) Indonesia indirect subsidiary Susantri Permai has been fined $23.4 million (396 billion rupiah) by the Indonesia Forest Area Enforcement Task Force.  Genting Plantation is Malaysia-listed subsidiary of Malaysia billionaire Lim Kok Thay casino & investment group Genting ($2.7 billion market value).  Lim Kok Thay family fortune is around $2.5 billion.  In 2025 December, Malaysia billionaire Lim Kok Thay casino & investment group Genting announced soon to be executing the $7.5 billion investment proposal into New York casino & hotel (Resorts World Casino New York City) after being selected for 1 of 3 new casino licenses in New York & now pending approval from the New York State Gaming Commission (by 31/12/25).  Genting plans to start by end of 2026 March.  In 2025 December, Genting failed to reach 75% shareholders vote requirement (Received 73% votes) to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  In 2025 October, Genting announced to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  Genting Malaysia current market value at $3.2 billion, with share price +4% YTD, +0.86% last 12 months & +14.1% last 5 years.  In 2025 March, Genting 2nd generation Chairman & CEO Lim Kok Thay stepped down as Genting CEO, with President & COO Tan Kong Han succeeding as CEO (1/3/25).  Genting was founded in 1965 in Malaysia by Lim Goh Tong & IPO in 1971.  Genting key holdings include Genting Malaysia, integrated resort & casino Genting Singapore Resorts World Sentosa, Resorts World Las Vegas, Genting Plantations & Genting Energy. 

“ Malaysia $1.1 Billion Genting Plantation Indonesia Indirect Subsidiary Susantri Permai Fined $23.4 Million (396 Billion Rupiah) by Indonesia Forest Area Enforcement Task Force, Genting Plantation is Subsidiary of Malaysia Billionaire Lim Kok Thay $2.7 Billion Casino & Investment Group Genting “

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Malaysia Billionaire Lim Kok Thay $3 Billion Casino & Investment Group Genting to Execute $7.5 Billion Investment Proposal into New York Casino & Hotel (Resorts World Casino New York City) after Selected for 1 of 3 New Casino Licenses in New York & Now Pending Approval from New York State Gaming Commission (By 31/12/25), Plans to Start by End of 2026 March

7th December – Malaysia billionaire Lim Kok Thay casino & investment group Genting ($3 billion market value) will soon be executing the $7.5 billion investment proposal into New York casino & hotel (Resorts World Casino New York City) after being selected for 1 of 3 new casino licenses in New York & now pending approval from the New York State Gaming Commission (by 31/12/25).  Genting plans to start by end of 2026 March.  Announcement: “Resorts World New York City’s (“RWNYC”) $7.5 billion proposal to create the largest integrated resort in the United States today received approval from the Gaming Facility Location Board – the penultimate step needed to realize the transformative project. The New York State Gaming Commission now has until December 31st to ratify the recommendation, which serves as the ultimate approval to open the first commercial casino within the City of New York.  With that final approval, Resorts World plans to have hundreds of table games available by the end of March, 2026.”  Robert DeSalvio, President of Genting Americas East: “Resorts World New York City’s journey to this historic moment represents more than 15 years of work to generate jobs, revenue, and opportunities for our neighbors.  Resorts World New York City’s $7.5 billion proposal is the only bid that can expand operations in just 90 days, generating billions in new revenue for mass transit and public education over the next four years. We are thankful the Gaming Facility Location Board recognized the tremendous economic impact we will have for New York State.”  Resorts World New York City – Resorts World New York City (RWNYC): the only VLT casino-hotel in the five boroughs, has contributed nearly $5 billion to New York’s public education system since opening in 2011. Over the same period, it has provided more than $2 billion to the New York Racing Association, sustaining tens of thousands of jobs across the State’s equine industry. RWNYC also fulfils the long-standing objective of transforming the historic Aqueduct Racetrack into the nation’s largest gaming destination outside Las Vegas, with approximately 5,500 slot and electronic table games machines.  RWNYC welcomes an average of five million guests each year, offering a comprehensive gaming, entertainment, and dining experience. In 2021, the 400-room Hyatt Regency JFK Airport at Resorts World New York City opened, bringing total investment at the site to approximately $1.1 billion. Guests now enjoy a range of dining options, including the RW Prime and the Good Friends Noodle House.  RWNYC is operated by the Genting Group, a global company founded in 1965 with destination resort operations in the Catskills, Hudson Valley, Las Vegas, Bimini, Malaysia, Singapore, and the United Kingdom. Genting brings more than six decades of experience in the travel and leisure sector, employing approximately 30,000 people and serving more than 50 million guests annually worldwide.  In 2025 December, Genting failed to reach 75% shareholders vote requirement (Received 73% votes) to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  In 2025 October, Genting announced to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  Genting Malaysia current market value at $3.2 billion, with share price +4% YTD, +0.86% last 12 months & +14.1% last 5 years.  In 2025 March, Genting 2nd generation Chairman & CEO Lim Kok Thay stepped down as Genting CEO, with President & COO Tan Kong Han succeeding as CEO (1/3/25).  Genting was founded in 1965 in Malaysia by Lim Goh Tong & IPO in 1971.  Genting key holdings include Genting Malaysia, integrated resort & casino Genting Singapore Resorts World Sentosa, Resorts World Las Vegas, Genting Plantations & Genting Energy.  Lim Kok Thay family fortune is around $2.5 billion.

Malaysia $3 Billion Casino & Investment Group Genting Failed to Reach 75% Shareholders Vote Requirement (Received 73% Votes) to Buy Remaining 50.64% Shares in Listed Subsidiary Genting Malaysia (GENM) for $1.5 Billion (MYR 6.7 Billion) Representing +9.8% Premium to Closing Price (10/10/25)

7th December – Malaysia casino & investment group Genting ($3 billion market value) has failed to reach 75% shareholders vote requirement (Received 73% votes) to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  In 2025 October, Genting announced to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  Genting Malaysia current market value at $3.2 billion, with share price +4% YTD, +0.86% last 12 months & +14.1% last 5 years.  In 2025 March, Genting 2nd generation Chairman & CEO Lim Kok Thay stepped down as Genting CEO, with President & COO Tan Kong Han succeeding as CEO (1/3/25).  Genting was founded in 1965 in Malaysia by Lim Goh Tong & IPO in 1971.  Genting key holdings include Genting Malaysia, integrated resort & casino Genting Singapore Resorts World Sentosa, Resorts World Las Vegas, Genting Plantations & Genting Energy.  Lim Kok Thay family fortune is around $2.5 billion.

Malaysia $3 Billion Casino & Investment Group Genting to Buy Remaining 50.64% Shares in Listed Subsidiary Genting Malaysia (GENM) for $1.5 Billion (MYR 6.7 Billion) Representing +9.8% Premium to Closing Price (10/10/25), Current Market Value at $3.2 Billion, Share Price +4% YTD, +0.86% Last 12 Months & +14.1% Last 5 Years

19th October – Malaysia casino & investment group Genting ($3 billion market value) has announced to buy remaining 50.64% shares in listed subsidiary Genting Malaysia (GENM) for $1.5 billion (MYR 6.7 billion), representing +9.8% premium to closing price (10/10/25).  Genting Malaysia current market value at $3.2 billion, with share price +4% YTD, +0.86% last 12 months & +14.1% last 5 years.  In 2025 March, Genting 2nd generation Chairman & CEO Lim Kok Thay stepped down as Genting CEO, with President & COO Tan Kong Han succeeding as CEO (1/3/25).  Genting was founded in 1965 in Malaysia by Lim Goh Tong & IPO in 1971.  Genting key holdings include Genting Malaysia, integrated resort & casino Genting Singapore Resorts World Sentosa, Resorts World Las Vegas, Genting Plantations & Genting Energy.  Lim Kok Thay family fortune is around $2.5 billion.

Malaysia $2.8 Billion Casino & Investment Group Genting 2nd Generation Chairman & CEO Lim Kok Thay Steps Down as Genting CEO, President & COO Tan Kong Han Succeeds as CEO, Founded in 1965 in Malaysia by Lim Goh Tong & IPO in 1971, Key Holdings Include Genting Malaysia, Integrated Resort & Casino Genting Singapore Resorts World Sentosa, Resorts World Las Vegas, Genting Plantations & Genting Energy, Lim Kok Thay Family Fortune at $2.5 Billion 

1st March 2025 – Malaysia casino & investment group Genting ($2.8 billion market value) 2nd generation Chairman & CEO Lim Kok Thay has stepped down as Genting CEO, with President & COO Tan Kong Han succeeding as CEO (1/3/25).  Genting was founded in 1965 in Malaysia by Lim Goh Tong & IPO in 1971.  Genting key holdings include Genting Malaysia, integrated resort & casino Genting Singapore Resorts World Sentosa, Resorts World Las Vegas, Genting Plantations & Genting Energy.  Lim Kok Thay family fortune is around $2.5 billion.

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