Genting Casino King Calls It A Day - 2004-01-01
Genting Bhd founder Lim Goh Tong, who will be 86 in February, resigned his position as chairman of Asia's biggest casino group. He will be succeeded by
his son, Tan Sri Lim Kok Thay, who took over from him as chief executive last year. The move marks the end of the elder Tan Sri Lim's 35-year career at a company he converted into a group with a market
value of RM11.9 billion (S$20.4 billion).
'I hand over the chairmanship of the Genting Group of companies, completing the passing of the baton,' he said in his autobiography.
The Fujian, China-born entrepreneur did not speak at the handing-over ceremony at the Genting headquarters in Kuala Lumpur.
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