Asian casino operator, Genting Malaysia Berhad, has reportedly announced that it has made Lim Keong Hui to serve as its new Deputy Chief Executive Officer since it looks to undo a recent third-quarter deficit that struck approximately $357.5 million.
Company experience:
According to a report by GGRAsia, the Kuala Lumpur-listed company employed a Monday submitting to show that 34-year-old Lim previously served as its Non-Independent Executive Director and Business Development Senior Vice-President prior to being named as its Chief Information Officer in January of 2015.
Boss’ boy:
Genting Malaysia Berhad is responsible for the home nation’s sprawling Resorts World Genting incorporated casino resort along with the Resorts World Sentosa advancement in neighboring Singapore. It reportedly explained that Lim is the son of its present Chairman, Chief Executive Officer and biggest shareholder, 67-year-old Lim Kok Thay (pictured), and holds some 422,300 of its ordinary shares.
Genting Malaysia Berhad’s filing reportedly browse …
“He’s also a holder of the rights to take part in the performance stocks of Genting Malaysia Berhad’s long-term incentive plan for 172,200 plot stocks and 347,543 plot shares granted under restricted share plan and performance share plan respectively of this strategy.
Board space shake-up:
Genting reportedly used subsequent filings to detail it had also named 83-year-old Alwi Bin Jantan to replace the retiring Mohammed Hanif Bin Omar because its Deputy Chairman while also stating that 60-year-old Chong Kin Leong had retired as its Chief Financial Officer to be replaced by his own 48-year-old deputy, Wong Yee Fun.
Also hoping to shortly be working in Japan, Genting is also responsible for over 40 Genting Casino-branded casinos in the United Kingdom as well as that nation’s large Resorts World Birmingham venue. The Kuala Lumpur-headquartered company ’s portfolio furthermore encompasses the Resorts World Bimini and Resorts World New York City properties while it’s planning to inaugurate its under-construction Resorts World Las Vegas development sometime next year.