Financial Times FT.com

Genting's expansion is its Singapore safety valve

By John Burton in Singapore

Published: September 9 2006 03:00 | Last updated: September 9 2006 03:00

Genting's takeover bid for Stanley Leisure is part of a broader international expansion plan by the Malaysian gaming and energy group whose position as south-east Asia's leading casino operator is under threat.

Behind the global push is Lim Kok Thay, who took over leadership of the group from his father and Genting's founder, Lim Goh Tong, in 2004.

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