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Sunday, June 14, 2009

Kerjasama Genting Dengan MGM Mirage (Las Vegas)


Siapa kata Malaysia negara Islam? Pusat judi milik Genting di Genting Highlands tak lama lagi akan bergabung tenaga dengan pusat judi terkemuka di Las Vegas. Genting Highlands juga digelar Las Vegas Asia.

KUALA LUMPUR, June 12 (Reuters) - Malaysian gaming group Genting (GENT.KL) is in partnership talks with U.S. casino operator MGM Mirage (MGM.N), the Wall Street Journal reported on Friday.

"We're just starting to brainstorm about global marketing relationships, strategic ventures and partnerships," MGM Mirage chief executive Jim Murren was quoted by the paper as saying.

Genting recently paid $100 million for a 3.2 percent stake in MGM Mirage amd also bought $100 million of MGM debt. Genting did not have any immediate comment on the Wall Street Journal report.

The investments sparked market speculation that this could pave the way for Genting to participate in MGM's Macau hotel venture.

Genting has long expressed its interest in gaining a foothold in the Chinese gambling enclave.

Speculation was also building that MGM Mirage (MGM.N), under pressure from U.S. gambling regulators and saddled with with about $14 billion in debt, may sell its stake in its Macau joint venture--MGM Grand Macau.

MGM was told last month by gambling regulators in New Jersey that Pansy Ho, the daughter of Macau gambling baron Stanley Ho, was not a suitable partner for its venture in Macau, and ordered the U.S. firm to "disengage" itself from any business dealings with the younger Ho.

But Murren said the two companies have not discussed the possibility of Genting investing in its Macau venture.

The firm will "explore all our options in Macau in light of the" New Jersey gambling report, Murren was quoted by the newspaper as saying.

(Reporting by Soo Ai Peng; Editing by David Chance)

www.reuters.comJustify Full

Genting Berhad

Board of Directors

Tan Sri Lim Kok Thay
Chairman & Chief Executive

Tun Mohammed Hanif bin Omar
Deputy Chairman

Tan Sri Mohd Amin bin Osman
Executive Director

Dato’ Dr. R. Thillainathan
Non-Independent Non-Executive Director

Mr Quah Chek Tin
Independent Non-Executive Director

Dato' Paduka Nik Hashim bin Nik Yusoff
Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Independent Non-Executive Director

Mr Chin Kwai Yoong
Independent Non-Executive Director



Audit Committee

Tan Sri Dr. Lin See Yan
Chairman/Independent Non-Executive Director

Dato’ Paduka Nik Hashim bin Nik Yusoff
Member/Independent Non-Executive Director

Mr Quah Chek Tin
Member/Independent Non-Executive Director

Mr Chin Kwai Yoong
Member/Independent Non-Executive Director



Nomination Committee

Tan Sri Dr. Lin See Yan
Chairman/Independent Non-Executive Director

Dato’ Paduka Nik Hashim bin Nik Yusoff
Member/Independent Non-Executive Director



Remuneration Committee

Dato’ Paduka Nik Hashim bin Nik Yusoff
Chairman/Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Member/Independent Non-Executive Director

Tan Sri Lim Kok Thay
Member/Chairman & Chief Executive



Secretary

Ms. Loh Bee Hong

www.genting.com

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