Kuala Lumpur Stock Exchange (KLSE) or more familiar to be known as Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services. In 1930, the Singapore Stockbrokers’ Association was established to operate the first formal securities business in Malaya. It was subsequently re-registered as the Malayan Stockbrokers’ Association in 1937. In 1960, the Malayan Stock Exchange was established and the public trading of shares commenced. Bursa Malaysia is a significant entity in Malaysia Capital Market. Bursa Malaysia is a very influential financial institution in Malaysia which acted as a main reference in the country’s capital and share market. (Alilarocha, 2011).
As it is, Genting Berhad is a company which entered Bursa Malaysia whereby the shares of Genting Berhad were listed on the Main Market of Bursa Malaysia Securities Berhad in 1971. A restructuring exercise was undertaken in 1989, which involved the initial public offering and listing of Genting Malaysia Berhad on Bursa Securities and resulted in Genting Berhad's becoming an investment and management company. (Genting Berhad). Genting Group is a leading multinational corporation committed to enhancing shareholder value and maintaining long-term sustainable growth in their core businesses.
Genting Berhad Malaysia’s leading corporation is the holding company of the Genting Group, one of Asia’s best-managed conglomerates. The Group comprises four listed entities namely Genting Berhad and its subsidiaries, Genting Malaysia Berhad (“Genting Malaysia”), Genting Plantations Berhad (“Genting Plantations”) and Genting Singapore PLC (“Genting Singapore”) with a combined market capitalization of about RM130 billion (USD43 billion). With over 47,000 employees, 4,500 hectares of prime resort land and about 166,000 hectares of plantation land, the Group’s principal businesses include leisure & hospitality, power generation, oil palm plantations, property development, biotechnology and oil & gas. The Genting Group has established premier leisure brands such as “Resorts World”, “Maxims”, “Crockfords” and “Awana”. In addition to Premium Outlets, Genting companies have tie ups with Universal Studios, Hard Rock Hotel and other renowned international brand partners. Backed by 46 years of solid financials and strong management leadership, the Genting Group is committed to grow in strength as a responsible global corporation.
This company arrange multiple functioned missions to achieve their goal as how their founder late (Dr) Tan Sri Lim Goh Tong wished. Their major mission to be success is be responsive to the changing demands of their customers and excel in providing quality products and services. Secondly, be committed to innovation and the adoption of new technology to achieve competitive...