What it does: Genting Malaysia is principally involved in the leisure and hospitality business covering theme parks, gaming, hotels, seaside resorts and entertainment for over 50 years
Mission: Committed towards providing the most delightful and memorable experiences to our customers. Aim to generate sustainable growth and profits, and to consistently enhance our stakeholders’ value
Size and presence: listed on the main board of Bursa Malaysia, with a market capitalisation of US$9.4 billion as at 31 December 2014. In 2017, its market capitalisation increased to US$ 37.87 billion
Best known for: Awana Horse Ranch, Theme and adventure parks for kids, and Chin Swee Caves Temple
The good bits: Excellently managed casinos and resorts
The not so good bits: staff is really rude and lacks of courtesy at most times
Resorts World Sdn Bhd, a private company limited by shares, was incorporated on 7 May 1980 under the Companies Act 1965. Upon conversion into a public company in 1989, its name was changed to Resorts World Bhd (1989 – 2009), and subsequently Genting Malaysia Berhad (“Genting Malaysia”), Registration No. 198001004236 (58019-U).
In 1989, Genting Berhad and Genting Malaysia underwent a restructuring exercise, which resulted in Genting Malaysia acquiring from Genting Berhad its entire gaming, hotel and resort-related operations, inclusive of goodwill and other relevant assets. Genting Malaysia’s shares have been traded on the Main Market of Bursa Malaysia since its listing on 22 December 1989.
Values – namely Hard Work, Honesty, Harmony, Loyalty and Compassion, which have always been embedded in our work culture and business practices, are known collectively as the Genting Core Values. The Genting Group honours the legacy and accomplishments of the late Tan Sri Dato’ Seri (Dr) Lim Goh Tong by celebrating Genting Founder’s Day every 28 February. The inaugural Founder’s Day on 28 February 2018 would have been Tan Sri Dato’ Seri (Dr) Lim Goh Tong’s 100th birthday anniversary and 10 years since his passing.
The hiring process at Genting takes an average of 13 days when considering 37 user submitted interviews across all job titles. Candidates applying for Croupier had the quickest hiring process (on average 1 day), whereas Table Games Dealer roles had the slowest hiring process (on average 90 days)
Genting Malaysia Berhad is one of the top companies in Malaysia that owns and operates Malaysia’s premier tourist resort, Resorts World Genting. Genting Malaysia is one of the leading and best managed corporation in Malaysia. The company has constantly been acknowledged by various organisations for its exemplary leadership and management. Numerous awards and recognition was received during the year, notably the “Malaysia’s Most Valuable Brands”, “World’s Leading Casino Resort” and “Asia’s Leading Casino Resort”.
We invite suitably qualified Malaysians who are dynamic and results-oriented to join Genting Malaysia. Explore our career opportunities and perhaps you will be able to see yourself at Genting Malaysia.
Genting Malaysia Berhad (“Company”) has established a remuneration policy for the Directors and Senior Management to support and drive business strategy and long term objectives of the Company and its subsidiaries. Amongst others, the following are some of the criteria adopted by the Company and its subsidiaries in considering the remuneration of the Executive Directors and Senior Management:-
In this regard, the Remuneration Committee is responsible to implement the policies and procedures on the remuneration for the Executive Directors whilst the Board is responsible for approving the policies and procedures which govern the remuneration of the employees including Executive Directors and Senior Management of the Company to ensure the same remain competitive, appropriate and in alignment with the prevalent market practices and that the Company attracts, retains and motivates the Directors and Senior Management who are with strong credentials, high caliber and astute insights to run the business successfully. The remuneration package is reflective of the individual Director’s and Senior Management’s experience and level of responsibilities and it is structured to link to corporate and individual performance.
As a global leader in the Leisure and Hospitality industry, we aim to provide world-class services and entertainment in a safe, responsible and sustainable environment. Genting Malaysia’s mission as a responsible corporate citizen is to ensure high standards of governance across its entire operations to promote responsible business practices, manage environmental impacts and meet the social needs of the community and nation.
Genting Malaysia suffered its first blow in early November when the Pakatan Harapan government announced that the duty on gross gaming income would be increased from 25% to 35% and gaming machine duty on gross collection would go up from 20% to 30%