Genting’s leadership shake-up signals new era for one of Asia’s most powerful family empires
After nearly two decades, Lim Kok Thay’s exit as CEO of Genting Berhad marks a defining shift in Malaysia’s sprawling business empire
Add BT as a preferred source
[KUALA LUMPUR] Malaysia’s Genting Group, one of Asia’s largest family-run conglomerates, may be transitioning to a more professional corporate structure as long-time chief Lim Kok Thay stepped down after nearly two decades at the helm.
Observers said this move could strengthen governance, reassure investors and address succession risks.
Tradeview Capital portfolio manager Neoh Jia Man noted that institutional investors have historically paid close attention to Genting’s family-controlled leadership.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
