GENTING INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man No: 24706)
September 2004), to Stanley Leisure. The sale consideration for Maxims Casino will be between £5.85 million and £6.85 million, to be determined following due diligence by Stanley Leisure, and to be satisfied by the issue of up to 1,522,222 new ordinary shares of Stanley Leisure at 450p per share; and
acquired 8,000,000 shares of Stanley Leisure from Lord Leonard Steinberg, Chairman, for 450p per share. With the 3,620,086 shares held by GOHL prior to this purchase by the Company, Genting Berhad (the ultimate holding company of the Company) and its subsidiaries now hold 11,620,086 ordinary shares, representing 9.1 per cent, in Stanley Leisure’s issued share capital.
By Order of the Board Tan Sri Lim Kok Thay Chairman
23 November 2004
Notes to Editors
About Genting Group
Genting Berhad is listed on Bursa Malaysia, the Malaysian Stock Exchange. The Genting Group listed entities has an aggregate market capitalisation of about US$8 billion.
The Genting Group has interests ranging from leisure and hospitality to power generation, plantations, property, paper and packaging as well as oil and gas.
The Genting Group’s Leisure and Hospitality Division owns and operates the Genting Highlands Resort, which is a leading destination casino resort in South East Asia, attracting more than 15 million visitors in a year.
The Genting Casino has more than 400 gaming tables and over 3,000 slots machines.
The Genting Group has an established record as an international gaming operator.
The Genting Group also owns 36% of Star Cruises Limited, the third largest cruise
operator in the world and the leading cruise line in Asia Pacific.