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THE baton of leadership at Genting Group has been passed from father to son. Tan Sri Lim Goh Tong, one of Malaysia#8217;s most enduring and illustrious entrepreneurs, has decided to call it a day at the age of 86. His second son, Tan Sri Lim Kok Thay, assumes the chairmanship of the Genting Group, as well as the president and CEO posts. The new chief at Genting agreed to take time off after officially taking over from his father to answer questions posed to him in our CEO OUTLOOK series.
A GUST of cool mountain breeze: that was how one of Malaysia's largest companies got started. Genting Bhd founder Tan Sri Lim Goh Tong said the cool crisp air in Cameron Highlands where he was working on the hydro-electric dam project there in 1964 convinced him 'to develop a retirement retreat where I could spend my old age.'
There is a saying that every cloud has a silver lining. And this may be the situation with the hotel industry, which had undergone a tumultuous year, starting with the severe acute respiratory syndrome (SARS) and the war in Iraq, which threatened to bring the industry to its knees.
Newly-crowned SEA Games men's doubles champions Choong Tan Fook-Lee Wan Wah are keeping an open mind on their chances even though they are the favourites for the title in the Kuala Lumpur Open Badminton Championships, which began Friday.
Our CEO Outlook today features three CEOs who represent big foreign consumer and retail companies in Malaysia. Sullivan O'Carroll of Nestle (Malaysia) Bhd, Danny Ng of Unilever Malaysia and David Wood of Courts Mammoth Bhd.
Whichever way the KLSE in 2003 will be looked at, it will be remembered as a roller coaster of a ride. From gloom of war and the despair of SARS to the euphoria of a multi-month rally that ended the three-year bear market, investors finally managed to revel in a booming stock market with no stumbling impediments in sight.