Groups: Exciting time in first-half


  • Business
  • Wednesday, 22 Jun 2005

GENTING Highlands Resort, the flagship of the Genting Group, will become home to the world's largest hotel with 6,200 rooms by the year-end once the group adds 2,000 new rooms to First World Hotel.  

The Group made a good start early this year by wrapping up several successful ventures locally and abroad, including making a foray into the British gaming industry by buying Maxims Casino Club, an exclusive high-end casino, and raising its stakes in London Clubs International and Stanley Leisure. 

Group chairman and CEO Tan Sri Lim Kok Thay, who wishes to see the Group becoming a leading global multinational, sees its success abroad as achievements for Malaysia, too. 

SP Setia Group managing director Datuk Seri Liew Kee Sin sees the property developer's first-half performance as an indication that the company is on course to deliver another set of record results with total sales reaching RM1bil.  

The group's successful completion of its maiden high-end boutique development, Duta Nusantara and the current Duta Tropika - both in Sri Hartamas - has greatly enhanced its profile as a developer of high-end homes. Liew expects many more years of strong growth and earnings from the group's existing projects.  

Kurnia Asia Bhd is exploring different options with regard to regional expansion and has identified potential partners which it is in the midst of evaluating. CEO Datuk Adrian Loh said the group was building win-win long-term partnerships with its panel workshops, loss adjusters and lawyers to expedite the claims process and to make working together a lot smoother, faster and enjoyable.  

The group is mapping out plans and implementing strategies with the aim of streamlining internal operations to pave the way to enhancing sales, garnering a larger market share and better serve its customers. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

PepsiCo's first-quarter results beat as international demand drives growth
Spotify profits up, but lower marketing hits user growth
Rafizi: Economy continues to strengthen along with Bursa Malaysia
MAHB's 1Q24 traffic hits more than 90% recovery rate against 1Q19
IRDA's RM636bil investment goal to help propel Malaysia into top 30 global economies
DXN Holdings net profit for FY24 rises to RM310.99mil
Ringgit closes slightly lower against US dollar
Inta Bina bags RM170mil construction job
PETRONAS Gas commits to sustainability, announces total dividend of 72 sen per share
Crest Builder bags RM486mil condo job

Others Also Read