CELEBRATING 50 YEARS of EXCELLENCE and Forging Ahead

Total Page:16

File Type:pdf, Size:1020Kb

CELEBRATING 50 YEARS of EXCELLENCE and Forging Ahead CELEBRATING 50 YEARS OF EXCELLENCE and Forging Ahead 2014 • Resorts World Genting launched Horizon 50, showcasing Genting’s history 2001 2006 2012 and its latest developments 2010 • Completion of First • First World Hotel was • Opening of S.E.A. • Opening of Trick Eye Museum World Hotel (Tower 1), declared by Guinness • Opening of Resorts Aquarium and in Resorts World Sentosa, 1992 First World Plaza & World Records as the World Sentosa, Adventure Cove Singapore 1978 First World Indoor “World’s Largest Hotel” Singapore, the first Waterpark in Resorts • Opening of Theme Park and with 6,118 rooms integrated resort in World Sentosa, • Commissioning of Genting 1970 • Change of name Resort Hotel Genting International Singapore from Genting and Indoor Singapore Jambongan Oil Mill, Malaysia’s 1997 Convention Centre • Incorporation of Asiatic first zero waste discharge oil mill • Conversion of Highlands Theme Park Centre of Genome 2008 • Opening of Universal • Discovery of gas in Genting Highlands Hotel Berhad to • Official opening of Technology Sdn Bhd Kasuri Production Genting Berhad • Opening of Studios Singapore® in • Genting Plantations formed a Hotel (Sdn) Bhd to 1975 Genting Skyway cable (“ACGT”) to develop • Asiatic ventured into Sharing Contract (“Genting”) Genting Sanyen Resorts World Sentosa collaboration with US-based a public company, car system, providing genomics-based Central Kalimantan in West Papua, paper mill Elevance Renewable Sciences Genting Highlands • Completion of 1981 1994 a 3.38-km leisure solutions to revolutionise and expanded Indonesia complex • Groundbreaking Inc to establish Malaysia’s first Hotel Berhad Awana Skyway 1986 transport to the hilltop 2003 crop productivity its landbank in metathesis plant • Opening of ceremony for Resorts which links Awana • Opening of Chin West Kalimantan, • Disposal of Kuala the 18-storey Swee Caves World Casino New York 1968 Genting Highlands • Genting Overseas • Opening of Highlands • Tan Sri Lim Goh Tong • Genting International Indonesia Langat power plant • Genting Oil & Gas via Genting Hotel 1984 Temple City, USA Golf & Country Limited changed Hotel (now known as handed over the was awarded Sentosa Genting CDX Singapore Resort (now (now known as its name to Maxims) chairmanship of the Integrated Resort project • Incorporation of • Incorporation • ACGT completed • Groundbreaking acquired 57% working interest known as Awana Genting Grand), Genting • Opening of Genting Group of by the Government of Genting Highlands of Genting the first draft ceremony for Johor in the Petroleum Contract at hotel) to Genting the flagship hotel International Genting Outdoor • Opening of Awana companies to Singapore Hotel (Sdn) Bhd Overseas Limited assembly of the Premium Outlets® in Chengdaoxi Block, China Highlands Resort of the resort Limited Theme Park Tan Sri Lim Kok Thay Porto Malai, Malaysia oil palm genome Malaysia (now known as • Acquisition of Stanley Resorts World Leisure Plc (since renamed Langkawi) Genting UK Plc) 2011 2015 1993 • Opening of Maritime 2007 2009 Experiential Museum in 2013 1977 1999 Resorts World Sentosa, • Opening of Genting Hotel • Completion of 2002 2005 1985 • Groundbreaking • Change of name of Singapore • Groundbreaking Jurong, Singapore Awana Tower ceremony for the following listed • Incorporation • Opening of • Official launch of • Completion of ceremony for Banten Resorts World subsidiaries of Genting 1971 of Asiatic • Official opening of Goh Tong First World Complex First World Hotel • Opening of Resorts power plant in Java, • Groundbreaking ceremony 1980 • Genting Sentosa Berhad as part of the Development Awana Genting Jaya township (Tower 2) World Casino New Indonesia for Resorts World Jeju, • Public listing of Sdn Bhd Highlands Golf & International Limited corporate rebranding South Korea • Asiatic became • Resignation of Tan York City, a premier Genting Highlands (“Asiatic”) Country Resort was redesignated • Disposal of exercise: • Groundbreaking 1969 a wholly-owned Sri Lim Goh Tong as • Public listing entertainment hub and Hotel Berhad 1989 as Genting Genting Sanyen - Resorts World Bhd ceremony for Resorts • Groundbreaking ceremony subsidiary of Chief Executive and of Genting the leading gaming 1965 • Laying of the in Malaysia International PLC 1996 paper mill to Genting Malaysia World Birmingham, UK’s for Resorts World Las Vegas Genting to • Conversion of the appointment of International PLC operator in the foundation complex Berhad first integrated destination spearhead the Resorts World Tan Sri Lim Kok Thay in Singapore Northeast US market • Incorporation stone for the • Opening of the • Opening of the • Kuala Langat power - Asiatic Development leisure complex • Opening of First World Hotel Group’s plantation Sdn Bhd to a public Batang Kali-Genting as President and of Genting first hotel, first hotel, Highlands plant commenced Berhad to Genting • Opening of Johor (Tower 3) activities company and Highlands access Chief Executive of • Asiatic’s Highlands Highlands Hotel Hotel (now known as operations Plantations Berhad ® • Opening of Genting Club subsequent public Genting Berhad and maiden venture Premium Outlets , Berhad Theme Park Hotel) road - Genting International at Resorts World Genting • First World Hotel regained its • Incorporation of listing of Resorts Resorts World Bhd into oil palm the first Premium • Opening of the • Genting Oil & Gas PLC to Genting ® title as the “World’s Largest Resorts World World Bhd in plantations in Outlet Center in • Construction access road formed joint venture Singapore PLC • Opening of Resorts World Hotel” with 7,351 rooms, Sdn Bhd 1982 Malaysia West Kalimantan, Southeast Asia of access road from Genting to explore for gas Indonesia Bimini in the Bahamas as recognised by Guinness from Genting Sempah to the in Indonesia • Rebranding of Genting World Records • Conversion of • Restructuring of • Jangi Wind Farm Sempah to the peak of Ulu Kali – City of Entertainment • Launch of the Asiatic to a public the Resort Division • Genting Power in Gujarat, India peak of Ulu mountain • Opening of Awana to Resorts World multi-billion ringgit • Opening of Resorts company and under Resorts World ventured into commenced operations Kali mountain Kijal Golf, Beach Genting Genting Integrated World Birmingham, UK subsequent public Bhd, involving the China by and Spa Resort, Tourism Plan including listing of Asiatic transfer of Genting’s acquiring power Malaysia the world’s first Twentieth • Celebrating the 50th Development gaming, hotel plants in Fujian (now known as Century Fox World anniversary of the Berhad in Malaysia and resort-related and Jiangsu Resorts World Kijal) outdoor theme park in Genting Group operations inclusive provinces Resorts World Genting, of goodwill and other Malaysia relevant assets to Resorts World Bhd.
Recommended publications
  • Annual Report 2005 1
    CONTENTS Genting Group/Our Mission 1 Bringing You Our Expertise 2 About Genting Group 3 Notice of Annual General Meeting 4 Statement Accompanying Notice of Annual General Meeting 6 Group Corporate Structure 7 Corporate Diary 8 Corporate Information 9 Directors’ Profile 11 Chairman’s Statement / Penyata Pengerusi / 13 Review of Operations Leisure & Hospitality 30 Plantation 42 Property 43 Power 44 Manufacturing 45 Oil & Gas 46 Human Resources 47 Community Services 48 Recognition 50 th Celebrating Genting’s 40 Anniversary 52 Corporate Governance 54 Audit Committee Report 56 Statement on Internal Control 58 Directors’ Report and Statement by Directors 59 Financial Statements Income Statements 64 Balance Sheets 65 Statements of Changes in Equity 66 Cash Flow Statements 68 Notes to the Financial Statements 71 Statement on Directors’ Responsibility 120 Statutory Declaration 120 Report of the Auditors 121 Ten-Year Summary 122 List of Properties Held 123 Group Offices 126 Analysis of Shareholdings 128 Form of Proxy GENTING BERHAD Annual Report 2005 1 GENTING GROUP We are a leading multinational corporation committed to enhancing shareholder value and maintaining long-term sustainable growth in our core business. Our Mission We will: 1. Be responsive to the changing demands of our customers and excel in providing quality products and services. 2. Be committed to innovation and the adoption of new technology to achieve competitive advantage. 3. Generate a fair return to shareholders. 4. Pursue personnel policies that recognise and reward performance and contribution of employees and provide proper training, development and opportunities for career advancement. 5. Be a responsible corporate citizen, committed to enhancing corporate governance and transparency.
    [Show full text]
  • Gaming Customers Global Gaming Customers GAMING
    GAMING Gaming Customers Global Gaming Customers GAMING Gaming Partners CORPORATE CORPORATE Bloomberry Resorts Corporation Ontario Lottery & Gaming Corporation (OLG) Jeju Sun Hotel & Casino Caesars Windsor Casino Solaire Resort & Casino Manila Penn National Gaming Boyd Gaming Corporation Argosy Casino Alton Belterra Park Argosy Casino Hotel & Spa - Riverside Kansas Star Casino Hollywood Casino & Hotel Lawrenceburg Caesars Entertainment Corporation Hollywood Casino & Hotel Tunica Harrah’s Las Vegas Hollywood Casino Aurora Harrah’s Northern California Hollywood Casino Columbus Indiana Grand Racing & Casino Hollywood Casino Hotel & Raceway Bangor Casino Cosmopol Hollywood Casino Toledo Casino Cosmopol Goteborg Hollywood Casino at Charles Town Races Casino Cosmopol Malmo Hollywood Casino at Kansas Speedway Casino Cosmopol Stockholm Hollywood Casino at Penn National Race Course - Grantville Casino Cosmopol Sundsvall Hollywood Gaming at Dayton Raceway Hollywood Gaming at Mahoning Valley Race Course Churchill Downs Incorporated L’Auberge Casino & Hotel Baton Rouge Presque Isle Downs & Casino Plainridge Park Casino Riverwalk Casino River City Casino & Hotel Cook Group Inc Zia Park Casino Hotel & Racetrack French Lick Casino Regency Entertainment SA Eldorado Resorts Regency Casino Mont Parnes Grand Victoria Elgin Regency Casino Thessaloniki Lumiere Place Casino & Hotel Regency Casino Tirana Gaming & Leisure Properties Inc Silver Heritage Group Hollywood Casino Baton Rouge Tiger Palace Resort Nepal Hollywood Casino Perryville The Cordish Companies
    [Show full text]
  • Annual Report 2007 
    RESORTS WORLD BHD(58019-U) RESORTS WORLD BHD (58019-U) 24th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia T : +603 2178 2233 / 2333 2233 F : +603 2161 5304 www.resortsworld.com a Genting company www.genting.com.my RESORTS WORLD BHD To be the leading Leisure, Hospitality and Entertainment Corporation in the world. OUR MISSION We will: 1. Be responsive to the changing demands of our customers and excel in providing quality products and services. 2. Be committed to innovation and the adoption of new technology to achieve competitive advantage. 3. Generate a fair return to our shareholders. 4. Pursue personnel policies which recognise and reward performance and contributions of employees and provide proper training, development and opportunities for career advancement. 5. Be a responsible corporate citizen, committed to enhancing corporate governance and transparency. CONTENTS Page Page Resorts World Bhd/Our Mission Directors’ Report and Statement by Directors 38 Corporate Profile 1 Financial Statements: Tribute to Our Founder, the late Tan Sri (Dr.) Lim Goh Tong 2 Income Statements 43 Bringing You The Best 4 Balance Sheets 44 Genting Premier Brands 5 Statements of Changes in Equity 45 Corporate Diary 6 Cash Flow Satements 47 Corporate Information 7 Notes to the Financial Statements 49 Directors’ Profile 8 Statement on Directors’ Responsibilities 81 Chairman’s Statement / Penyata Pengerusi / 主席文告 11 Statutory Declaration 81 Review of Operations: 19 Report of the Auditors 82 Genting Highlands Resort 20 Ten-Year Summary
    [Show full text]
  • REPORT on Genting Highlands Bus Crash
    The Independent Advisory Panel to The Minister of Transport Malaysia REPORT on Genting Highlands Bus Crash at KM 3.6 Genting Highlands-Kuala Lumpur Road on 21 August 2013 The Independent Advisory Panel to The Minister of Transport Malaysia REPORT on Genting Highlands Bus Crash at KM 3.6 Genting Highlands-Kuala Lumpur Road on 21 August 2013 Submitted on 28 January 2014 to The Minister of Transport Malaysia 2013 Genting Highlands Bus Crash Acknowledgment The Independent Advisory Panel Members (Panel) would like to put on record special thanks to the Minister of Transport Malaysia for the appointment and trust to lead and carry out this very important task without fear or favour. As entrusted, the Panel has carried out a comprehensive evaluation and review on all investigation reports pertaining to the Genting crash and concluded with recommendations for further improvements. The Panel would also like to express its gratitude and appreciation to the following agencies for their cooperation in providing valuable information and important documents promptly to support the evaluation and review. 1. Ministry of Transport Malaysia (MOT) 2. Department of Occupational Safety and Health (DOSH) 3. Road Safety Department (RSD) 4. Genting Highlands Transport Sdn Bhd(9940-V) (GHT) 5. Genting Malaysia Berhad (58019-U) (GENM) 6. Bentong Municipal Council (BMC) 7. Public Works Department (PWD) 8. Road Transport Department (RTD) 9. PUSPAKOM Sdn Bhd (285985-U) (PUSPAKOM) 10. Land Public Transport Commission (LPTC) 11. Hospital Kuala Lumpur (HKL) Finally, the Panel is grateful to the team members of the Malaysian Institute of Road Safety Research (MIROS), in particular, the Director- General, Professor Dr.
    [Show full text]
  • PROOF of ADVANCING OBJECTIVES Exhibit VIII. A.15.A
    PROOF OF ADVANCING OBJECTIVES Exhibit VIII. A.15.a Genting Group Experience Founded in 1965, the Genting Group is comprised of five publicly traded companies with a combined market capitalization of $40 billion. It is a leading multinational corporation, primarily engaged in developing and operating destination resorts, casinos, hotels and event facilities around the world, including in the Americas, Malaysia, the Philippines, Singapore and the United Kingdom. More comprehensive descriptions and details of various resort properties and operations within the worldwide Genting Group of companies are included as enclosures to this exhibit. Resorts World Casino New York City Location: Queens, New York, USA. The most recent development is Resorts World New York City (RWNY). The facility was constructed in one year, opening in October of 2011 and since that time has consistently been the highest grossing slot operation in the United States. Operating under the jurisdiction of the New York Lottery and subsequently the New York Gaming Commission, RWNY has grossed nearly $2 billion since inception, generating over $800 million for education in the State of New York. Table VIII. A.15.a‐1. Resorts World Casino New York City Property Overview Total Investment $730 million Property Size 183 Acres Gaming Positions/Units 5,005 Gaming Floor 140,000 sqft Hotel Rooms N/A Opening October, 2011 Amenities: Restaurants 9 Bars 4 Showroom/Meeting Space 70,000 sqft Employment: Full Time Equivalents 1,035 Total Employment 1,433 Table VIII. A.15.a‐2. Resorts World Casino New York City Performance Overview ($US in 000’s) Name 2011 2012 2013 3 Yr Total Gross Gaming Revenues 89,823 672,570 785,087 1,547,480 Non‐Gaming Revenues 4,833 53,740 61,675 120,248 Total Revenues: $94,656 $726,310 $846,762 $1,667,728 VIII.
    [Show full text]
  • 20200628 Press Release RWS Welcomes You Back Safely
    press release Resorts World Sentosa Welcomes You Back Safely SINGAPORE, 28 June 2020 - With Singapore in Phase Two of reopening, our priority is to welcome back guests to our resort in a manner that puts health and safety at the centre of all the experiences that we have created. Even before Circuit Breaker, we have adapted to the changing environment very quickly and obtained SG Clean accreditation, with many cleaning and disinfection protocols of the highest standards. From 1 July 2020, RWS will again be the delightful and fun resort dedicated to providing all our visitors with a happy and memorable retreat. Guests will be thrilled to go on their favourite movie- themed rides, and be reunited with much missed characters such as Illumination’s mischievous Minions and lovable Sesame Street friends at our popular world-class attraction - Universal Studios Singapore. The marine animals at S.E.A. Aquarium will be absolutely delighted to see visitors again, after a prolonged absence of curious humans. RWS will once again be whole with the familiar squeals of excitement and laughter, and happy faces of families and friends, young and old. It is true when they say absence makes the heart grow fonder. We cannot wait to have visitors walk through our gates, and create many wonderful moments for them once again. We will be adopting a cautious approach for our gaming facility, which will open as part of our attractions, and operate at a reduced capacity. It will be open but limited only to existing Genting Rewards members and/or Annual Levy Holders.
    [Show full text]
  • Annual Report 2007 
    GENTING GROUP We are a leading multinational corporation committed to enhancing shareholder value and maintaining long-term sustainable growth in our core businesses. OUR MISSION We will: 1. Be responsive to the changing demands of our customers and excel in providing quality products and services. 2. Be committed to innovation and the adoption of new technology to achieve competitive advantage. 3. Generate a fair return to our shareholders. 4. Pursue personnel policies which recognise and reward performance and contributions of employees and provide proper training, development and opportunities for career advancement. 5. Be a responsible corporate citizen, committed to enhancing corporate governance and transparency. CONTENTS Page Page Genting Group/Our Mission Audit Committee Report 44 Corporate Profile 1 Statement on Internal Control 46 Tribute to Our Founder, the late Tan Sri (Dr.) Lim Goh Tong 2 Directors’ Report and Statement by Directors 47 Bringing You Our Expertise 4 Financial Statements: Genting Premier Brands 5 Income Statements 53 Group Corporate Structure 6 Balance Sheets 54 Corporate Diary 7 Statements of Changes in Equity 55 Corporate Information 8 Cash Flow Satements 58 Directors’ Profile 9 Notes to the Financial Statements 61 Chairman’s Statement / Penyata Pengerusi / 主席文告 12 Statement on Directors’ Responsibilities 114 Review of Operations: Statutory Declaration 114 Leisure & Hospitality 23 Report of the Auditors 115 Plantation 33 Ten-Year Summary 116 Property 34 List of Properties Held 117 Power 35 Analysis of Shareholdings 121 Oil & Gas 36 Notice of Annual General Meeting 123 Recognition 37 Statement Accompanying Notice of Annual General Meeting 126 Corporate Social Responsibility 38 Form of Proxy Corporate Governance 41 Group Offices Genting Berhad Annual Report 2007 1 CORPORATE PROFILE www.genting.com Asia’s leading multinational corporation The Genting Group is Malaysia’s leading multinational corporation and facilities and endless entertainment - all in one location.
    [Show full text]
  • Annual Report 2001
    Notice of Annual General Meeting 1 Statement Accompanying Notice of Annual General Meeting 2 Corporate Diary 3 Board of Directors and Corporate Information 4 Directors’ Profile 5 Chairman’s Statement/Penyata Pengerusi/ 7 Review of Operations • Genting Highlands Resort 13 • Awana Hotels & Resorts 16 • Star Cruises Limited 18 • E-Commerce & IT Development 19 • Human Resources 19 • Community Services 20 • Recognition 20 Corporate Governance 21 Audit Committee Report 24 Directors’ Report and Statement by Directors 26 Financial Statements 31 Statement on Directors’ Responsibility 57 Statutory Declaration 57 Report of the Auditors 58 Ten-Year Summary 59 List of Properties Held 60 Group Offices 61 Analysis of Shareholdings 62 Form of Proxy Cover Rationale The cover depicts the wide array of leisure entertainment and new exciting activities at First World Complex, the latest wholesome family entertainment attraction at Genting Highlands Resort – The City of Entertainment. Join us on landed and suspended fun rides which include the 60-foot tall Ferris Wheel, the enchanting Venice Gondola boat rides, the Rio Float (the first-ever theme park suspended ride in Malaysia) and take the latest challenge of Sky Venture, Asia’s first-ever skydiving simulation attraction. Eat to your heart’s content at the numerous food & beverage outlets and enjoy the endless variety of shopping at the First World Plaza. Many more new attractions are in store. So, come and enjoy the “World of Genting” at 6,000 feet above sea level with its cool lush surroundings and see why we are voted the “Best 5-Star Family & Entertainment Resort” (World Asia Media Awards, 2001).
    [Show full text]
  • PRESS RELEASE for Immediate Release GENTING
    Registration No. 196801000315 (7916-A) PRESS RELEASE For Immediate Release GENTING BERHAD ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED 31 DECEMBER 2020 KUALA LUMPUR, 25 FEBRUARY 2021 - Genting Berhad today announced its financial results for the fourth quarter (“4Q20”) and full year (“FY2020”) ended 31 December 2020. Revenue of the Group in 4Q20 of RM3,048.1 million represented a decline of 8% compared with revenue of RM3,298.8 million recorded in third quarter of 2020 (“3Q20”). Adjusted earnings before interest, tax, depreciation and amortisation (“EBITDA”) however improved to RM1,175.7 million in 4Q20 compared with RM1,095.3 million in 3Q20 mainly due to the Leisure & Hospitality Division and Plantation Division. The improvement in EBITDA of the Leisure & Hospitality Division was mainly due to Resorts World Sentosa (“RWS”) as it rolled out a series of attractive packages and specially curated staycation experiences whilst the increased EBITDA from the leisure and hospitality businesses in United States of America (“US”) and Bahamas was mainly due to higher volume of business recorded following the resumption of Resorts World Casino New York City (“RWNYC”) operations in early September 2020. The Plantation Division’s EBITDA increased in 4Q20 on the back of higher fresh fruit bunches (“FFB”) production and better palm product selling prices. In comparison with the previous year’s corresponding quarter (“4Q19”), the Group revenue declined by 43% from RM5,303.0 million to RM3,048.1 million. The main contributor to the lower revenue was the Leisure & Hospitality Division. Revenue and EBITDA of RWS was lower than that of 4Q19 as it was impacted by regulatory restrictions, border closures and operating capacity due to the Coronavirus Disease 2019 (“COVID-19”) pandemic.
    [Show full text]
  • This Circular Is Important and Requires Your Immediate Attention
    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, you should consult your stockbroker, bank manager, solicitor, accountant or other adviser immediately. Bursa Malaysia Securities Berhad (“Bursa Securities”) has not perused Part A of this Circular prior to its issuance as this is an exempt circular pursuant to Practice Note 18 of the Main Market Listing Requirements of Bursa Securities. Bursa Securities also has not perused Part B of this Circular as the Company has been selected by Bursa Securities as one of the eligible listed issuers under the Green Lane Policy. Bursa Securities takes no responsibility for the contents of this Circular, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from, or due to your reliance upon, the whole or any part of the contents of this Circular. GENTING PLANTATIONS BERHAD Registration No. 197701003946 (34993-X) (Incorporated in Malaysia) PART A STATEMENT IN RELATION TO THE PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY PART B CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE The resolutions in respect of the above proposals will be tabled as special business at the Forty-Third Annual General Meeting (“43rd AGM”) of Genting Plantations Berhad (“GENP”). The 43rd AGM of GENP will be held fully virtual at the Broadcast Venue, 25th Floor, Wisma Genting, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia on Tuesday, 1 June 2021 at 10.00 a.m.
    [Show full text]
  • Corporate Governance Report 2019
    CORPORATE GOVERNANCE REPORT STOCK CODE : 4715 COMPANY NAME : GENTING MALAYSIA BERHAD FINANCIAL YEAR : December 31, 2019 OUTLINE: SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE GOVERNANCE Disclosures in this section are pursuant to Paragraph 15.25 of Bursa Malaysia Listing Requirements. SECTION B – DISCLOSURES ON CORPORATE GOVERNANCE PRACTICES PURSUANT TO CORPORATE GOVERNANCE GUIDELINES ISSUED BY BANK NEGARA MALAYSIA Disclosures in this section are pursuant to Appendix 4 (Corporate Governance Disclosures) of the Corporate Governance Guidelines issued by Bank Negara Malaysia. This section is only applicable for financial institutions or any other institutions that are listed on the Exchange that are required to comply with the above Guidelines. 1 SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE GOVERNANCE Disclosures in this section are pursuant to Paragraph 15.25 of Bursa Malaysia Listing Requirements. Intended Outcome Every company is headed by a board, which assumes responsibility for the company’s leadership and is collectively responsible for meeting the objectives and goals of the company. Practice 1.1 The board should set the company’s strategic aims, ensure that the necessary resources are in place for the company to meet its objectives and review management performance. The board should set the company’s values and standards, and ensure that its obligations to its shareholders and other stakeholders are understood and met. Application : Applied Explanation on : The Board has the overall responsibility for the proper conduct of application of the the Company’s business in achieving the objectives and long practice term goals of the Company. The Board is guided by the prevailing legal and regulatory requirements as well as the Company’s policies in discharging its fiduciary duties and responsibilities.
    [Show full text]
  • KUALA LUMPUR Your Free Copy ALL RIGHTS RESERVED
    www.facebook.com/friendofmalaysia twitter.com/tourismmalaysia Published by Tourism Malaysia, Ministry of Tourism and Culture, Malaysia KUALA LUMPUR Your Free Copy ALL RIGHTS RESERVED. No portion of this publication may be reproduced in The Dazzling Capital City whole or part without the written permission of the publisher. While every effort has been made to ensure that the information contained herein is correct at the time of publication, Tourism Malaysia shall not be held liable for any errors, omissions or inaccuracies which may occur. KL (English) / IH / PS April 2015 (0415) (TRAFFICKING IN ILLEGAL DRUGS CARRIES THE DEATH PENALTY) 1 CONTENTS 4 DOING THE SIGHTS 38 SENSATIONAL SHOPPING 5 Prestigious Landmarks 39 Shopping Malls 6 Heritage Sites 42 Craft Centres 10 Places of Worship 43 Street Markets and Bazaars 12 Themed Attractions 44 Popular Malaysian Souvenirs 14 TROPICAL ENCLAVES 45 EATING OUT 15 Perdana Botanical Gardens 46 Malay Cuisine 16 KLCC Park 46 Chinese Cuisine 17 Titiwangsa Lake Gardens 46 Indian Cuisine 17 National Zoo 46 Mamak Cuisine 17 Bukit Nanas Forest Reserve 47 International Cuisine 47 Malaysian Favourites 18 TREASURE TROVES 49 Popular Restaurants in KL 19 Museums 21 Galleries 52 BEYOND THE CITY 22 Memorials 53 Kuala Selangor Fireflies 53 Batu Caves 23 RELAX AND REJUVENATE 53 Forest Research Institute of Malaysia 24 Spa Retreats (FRIM) 25 Healthcare 54 Putrajaya 54 Port Dickson 26 ENTHRALLING PERFORMANCES 54 Genting Highlands 27 Premier Concert Halls 55 Berjaya Hills 27 Cultural Shows 55 Cameron Highlands 28 Fine Arts Centres 55 Melaka 29 CELEBRATIONS GALORE 56 USEFUL INFORMATION 30 Religious Festivals 57 Accommodation 31 Events and Celebrations 61 Getting There 62 Getting Around 33 ENTERTAINMENT AND 65 Useful Contacts EXCITEMENT 66 Malaysia at a Glance 34 Theme Parks 67 Saying it in Malay 35 Sports and Recreation 68 Map of Kuala Lumpur 37 Nightlife 70 Tourism Malaysia Offices 2 Welcome to Kuala Lumpur, Malaysia’s dazzling capital city Kuala Lumpur or KL is a modern metropolis amidst colourful cultures.
    [Show full text]