Genting takes full ownership of restaurant operator

Genting Casino Chinatown in London. Genting UK is one of the largest casino operators in the UK.

KUALA LUMPUR: Genting Malaysia Bhd’s (GenM) Birmingham, England-based indirect unit, Genting Solihull Ltd, has acquired the remaining 49% shareholding in restaurant operator Waters Solihull Ltd.

Genting Malaysia,  which operates Resorts World Genting and other resorts locally and overseas, told Bursa Malaysia that the considerations for the acquisitions were nil pursuant to the shareholders’ agreement previously agreed between the shareholders of WSL.

It acquired 25 ‘A’ ordinary shares from James Driscoll Associates Ltd and 24 ‘A’ ordinary shares from Andrew Mark Waters.

Waters Solihull was incorporated in the UK in July 2015 for the purpose of operating a restaurant.

October 2015 saw the opening of Resorts World Birmingham, which features Waters Restaurant that showcases the talent of award-winning chef Andy Waters.