Tan Sri Lim Kok Thay
Encyclopedia
Tan Sri Dato' Lim Kok Thay (simplified Chinese: 林国泰; traditional Chinese: 林國泰; pinyin
: Lín Guó Tài; Pe̍h-ōe-jī: Lîm Kok-Thài, born 1951) is a prominent entrepreneur
in Malaysia. He is the second son of Tan Sri Lim Goh Tong
, the founder
of the Genting Group
and Puan Sri Lee Kim Hua
.
Tan Sri Lim Kok Thay is the Chairman and Chief Executive of Genting Berhad, the holding company of the Genting Group
, a conglomerate
which is involved in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology and oil & gas business activities.
He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line is the third largest cruise operator in the world, with a combined fleet of 18 ships visiting over 200 destinations in the world, and providing about 35,000 lower berths.
He holds a Bachelor of Science Degree in Civil Engineering from University of London
, United Kingdom. He attended the advanced management programme of Harvard Business School
, Harvard University
, USA in 1979.
In 1976, he was appointed a director of Genting Berhad.
Under the founder’s and Kok Thay’s stewardship, the Genting Group grew from a single listed entity in 1971 to five listed entities (comprising Genting Berhad), Genting Malaysia Berhad and Genting Plantations Berhad which are listed on the main board of Bursa Malaysia
; Genting Singapore Plc which is listed on the main board of Singapore Exchange
and Genting Hong Kong which is listed on the main board of the Hong Kong Stock Exchange
.
He was appointed the Chairman and Chief Executive of Genting Berhad and Genting Malaysia Berhad when the late Tan Sri Lim Goh Tong
retired in December 2003. Kok Thay has since expanded Genting’s presence globally, especially in the leisure tourism and entertainment industry.
Under his guidance, the Genting Group has developed leisure brands such as “Resorts World”, “Maxims”, “Crockfords” and “Awana”, as well as established strategic partnerships with Universal Studios, Hard Rock Hotel, Premium Outlets, Synthetic Genomics and many others.
In 1990, he assisted the Mashantucket Pequots, a Native American Tribe to establish Foxwoods Resorts Casino in Connecticut, With 340,000 square feet of floor space, the Foxwoods Resort Casino is the largest casino in the United States.
He guided the expansion works of the Group's first integrated resort, Resorts World Genting, formerly known as Genting Highlands Resort. Resorts World Genting has been voted by World Travel Awards as the "World's Leading Casino Resort in years 2005, 2007, 2008, 2009 and 2010" and also voted as "Asia's Leading Casino Resort" from years 2005 to 2010.
In 2005, he expanded Group’s presence to the United Kingdom (“UK”). Today, Genting UK Plc is the largest casino operator in the UK with 43 casinos.
In 2006, Tan Sri Lim led his team to win the competitive bid to build and operate Singapore’s first integrated resort on Sentosa Island, called Resorts World Sentosa. The resort was progressively opened from January 2010 and has become a prominent tourist destination in the country. The resort features Southeast Asia’s first Universal Studios Singapore
, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions.
Today, under the guidance of Tan Sri Lim, the Genting Group
has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore
and Resorts World Manila
in the Philippines
, attracting millions of leisure visitors and creating employment and tourism activities in these countries. The Group has two leisure projects in the United States of America, namely Resorts World New York and Resorts World Miami
.
Tan Sri Lim was appointed as a Visiting Professor of the UK-based Institute of Biomedical Engineering of Imperial College, London in October 2009. He was also appointed the Honorary
Professor
of Xiamen University
, China
in December 2007.
In 2009, Tan Sri Lim Kok Thay named the “Travel Entrepreneur of the Year” by Travel Trade Gazette (TTG) Asia ) and “The Most Influential Person in Asian Gaming” by Inside Asian Gaming, for his contributions to the leisure and travel industry.
Pinyin
Pinyin is the official system to transcribe Chinese characters into the Roman alphabet in China, Malaysia, Singapore and Taiwan. It is also often used to teach Mandarin Chinese and spell Chinese names in foreign publications and used as an input method to enter Chinese characters into...
: Lín Guó Tài; Pe̍h-ōe-jī: Lîm Kok-Thài, born 1951) is a prominent entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
in Malaysia. He is the second son of Tan Sri Lim Goh Tong
Lim Goh Tong
Tan Sri Dato Seri Lim Goh Tong was a prominent wealthy Malaysian Chinese businessman. He was renowned for his vision and courage in transforming Genting Highlands from an unexplored hilltop into one of the world's most successful casino resorts...
, the founder
Founder
Founder may refer to:* the starter of a private or public company, see Entrepreneur* 'Founder', a hoof ailment. See Laminitis#Founder* Founder , management status for Internet Relay Chat...
of the Genting Group
Genting Group
Genting Group is an Asian conglomerate. It comprises four listed entities Genting Group is an Asian conglomerate. It comprises four listed entities Genting Group is an Asian conglomerate. It comprises four listed entities (namely holding company Genting Berhad (MYX:3182) and its member companies...
and Puan Sri Lee Kim Hua
Lim Goh Tong
Tan Sri Dato Seri Lim Goh Tong was a prominent wealthy Malaysian Chinese businessman. He was renowned for his vision and courage in transforming Genting Highlands from an unexplored hilltop into one of the world's most successful casino resorts...
.
Tan Sri Lim Kok Thay is the Chairman and Chief Executive of Genting Berhad, the holding company of the Genting Group
Genting Group
Genting Group is an Asian conglomerate. It comprises four listed entities Genting Group is an Asian conglomerate. It comprises four listed entities Genting Group is an Asian conglomerate. It comprises four listed entities (namely holding company Genting Berhad (MYX:3182) and its member companies...
, a conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
which is involved in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology and oil & gas business activities.
He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line is the third largest cruise operator in the world, with a combined fleet of 18 ships visiting over 200 destinations in the world, and providing about 35,000 lower berths.
He holds a Bachelor of Science Degree in Civil Engineering from University of London
University of London
-20th century:Shortly after 6 Burlington Gardens was vacated, the University went through a period of rapid expansion. Bedford College, Royal Holloway and the London School of Economics all joined in 1900, Regent's Park College, which had affiliated in 1841 became an official divinity school of the...
, United Kingdom. He attended the advanced management programme of Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
, USA in 1979.
In 1976, he was appointed a director of Genting Berhad.
Under the founder’s and Kok Thay’s stewardship, the Genting Group grew from a single listed entity in 1971 to five listed entities (comprising Genting Berhad), Genting Malaysia Berhad and Genting Plantations Berhad which are listed on the main board of Bursa Malaysia
Bursa Malaysia
Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services.- History :Bursa...
; Genting Singapore Plc which is listed on the main board of Singapore Exchange
Singapore Exchange
Singapore Exchange Limited is an investment holding company located in Singapore and providing different services related to securities and derivatives trading and others. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges FederationSingapore Exchange...
and Genting Hong Kong which is listed on the main board of the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
.
He was appointed the Chairman and Chief Executive of Genting Berhad and Genting Malaysia Berhad when the late Tan Sri Lim Goh Tong
Lim Goh Tong
Tan Sri Dato Seri Lim Goh Tong was a prominent wealthy Malaysian Chinese businessman. He was renowned for his vision and courage in transforming Genting Highlands from an unexplored hilltop into one of the world's most successful casino resorts...
retired in December 2003. Kok Thay has since expanded Genting’s presence globally, especially in the leisure tourism and entertainment industry.
Under his guidance, the Genting Group has developed leisure brands such as “Resorts World”, “Maxims”, “Crockfords” and “Awana”, as well as established strategic partnerships with Universal Studios, Hard Rock Hotel, Premium Outlets, Synthetic Genomics and many others.
In 1990, he assisted the Mashantucket Pequots, a Native American Tribe to establish Foxwoods Resorts Casino in Connecticut, With 340,000 square feet of floor space, the Foxwoods Resort Casino is the largest casino in the United States.
He guided the expansion works of the Group's first integrated resort, Resorts World Genting, formerly known as Genting Highlands Resort. Resorts World Genting has been voted by World Travel Awards as the "World's Leading Casino Resort in years 2005, 2007, 2008, 2009 and 2010" and also voted as "Asia's Leading Casino Resort" from years 2005 to 2010.
In 2005, he expanded Group’s presence to the United Kingdom (“UK”). Today, Genting UK Plc is the largest casino operator in the UK with 43 casinos.
In 2006, Tan Sri Lim led his team to win the competitive bid to build and operate Singapore’s first integrated resort on Sentosa Island, called Resorts World Sentosa. The resort was progressively opened from January 2010 and has become a prominent tourist destination in the country. The resort features Southeast Asia’s first Universal Studios Singapore
Universal Studios Singapore
Universal Studios Singapore is a theme park located within Resorts World Sentosa on Sentosa Island, Singapore. It was a key component of Genting's bid for the right to build Singapore's second integrated resort. On 8 December 2006, the Singapore government announced that the consortium had won the...
, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions.
Today, under the guidance of Tan Sri Lim, the Genting Group
Genting Group
Genting Group is an Asian conglomerate. It comprises four listed entities Genting Group is an Asian conglomerate. It comprises four listed entities Genting Group is an Asian conglomerate. It comprises four listed entities (namely holding company Genting Berhad (MYX:3182) and its member companies...
has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
and Resorts World Manila
Resorts World Manila
Resorts World Manila is a luxury casino resort, located in Newport City, across the Ninoy Aquino International Airport Terminal 3, in Manila, Philippines. The resort is a joint venture between AGI and Genting Hong Kong...
in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
, attracting millions of leisure visitors and creating employment and tourism activities in these countries. The Group has two leisure projects in the United States of America, namely Resorts World New York and Resorts World Miami
Resorts World Miami
Resorts World Miami is the name of a 13.9 acre major development proposed for the Omni District of Downtown Miami by the Malaysian based Genting Group. At 10 million square feet and with an estimated cost of $3.1 billion, it is considered one of the largest developments in the history of Florida...
.
Tan Sri Lim was appointed as a Visiting Professor of the UK-based Institute of Biomedical Engineering of Imperial College, London in October 2009. He was also appointed the Honorary
Honorary
An honorary position is an unpaid position. Other uses include:* honorary title — awarded as a mark of distinction** honorary citizenship — awarded to aliens who have rendered service to the state...
Professor
Professor
A professor is a scholarly teacher; the precise meaning of the term varies by country. Literally, professor derives from Latin as a "person who professes" being usually an expert in arts or sciences; a teacher of high rank...
of Xiamen University
Xiamen University
Xiamen University , colloquially known as Xia Da , located in Xiamen, Fujian province, is the first university in China founded by overseas Chinese. Before 1949, it was originally known as the University of Amoy. The school motto is "Pursue Excellence, Strive for Perfection "...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
in December 2007.
Recognitions
In 2002, he was bestowed the national award titleship of “Tan Sri” by his Majesty, the Yang Di Pertuan Agong, for his contributions to Malaysia ).In 2009, Tan Sri Lim Kok Thay named the “Travel Entrepreneur of the Year” by Travel Trade Gazette (TTG) Asia ) and “The Most Influential Person in Asian Gaming” by Inside Asian Gaming, for his contributions to the leisure and travel industry.