Genting Bhd. · MYX:GENTING

Genting Bhd — Shareholder Meeting (June 2024)

71 slides from Genting Bhd's shareholder meeting presentation, Jun 13, 2024

Slide 1: 56th Annual General Meeting
56th ANNUAL GENERAL MEETING 13th June 2024 Presentation to Shareholders by Ms. Wong Yee Fun Chief Financial Officer Copyright © 2024 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 56ththAGM 56 AGM 13 June 2024 # 1
Slide 2: Agenda
AGENDA 1. Group Financials 2023 2. Business Review 2023 – Genting Malaysia – Genting Singapore – Resorts World Las Vegas – Genting Plantations – Genting Energy 3. Sustainability 4. Prospects 5. Pre-AGM Questions from MSWG and Shareholders Copyright © 2024 Genting Berhad 196801000315 (7916-A). All Ri
Slide 4: Group Financials - 2023
Group Financials - 2023 Strong performance in FY2023: • Higher revenue, EBITDA and net profit • Robust balance sheet 1 TOTAL REVENUE TOTAL EBITDA TOTAL NET PROFIT RM27.1 billion RM8.8 billion RM2.3 billion +21% YoY +21% YoY >100% YoY 2022: RM22.4 billion 2022: RM7.3 billion 2022: RM44.5 million TOTA
Slide 5: Group Financials - 2023
Group Financials - 2023 • Leisure & Hospitality – key performance driver REVENUE ADJUSTED EBITDA Financial year 2023 2022 2023 2022 Segmental breakdown: 1. Leisure & Hospitality 82% 77% 90% 82% a) Malaysia 24% 23% 30% 29% b) Singapore 30% 24% 41% 35% c) UK & Egypt 6% 7% 3% 4% d) US & Bahamas 22% 23%
Slide 6: Group Financials - Dividends
Group Financials - Dividends TOTAL DIVIDEND PER SHARE DIVIDEND PAYOUT (sen) (%) Started COVID19 Ended COVID19 Ended Started 30 Jan 2020 pandemic* 5 May 2023 pandemic* 5 May 2023 30 Jan 2020 22.0 213% 16.0 15.0 15.0 11.0 82% 84% 85% 77% 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Copyright © 20
Slide 7: Group Financials
Group Financials • Improved financial performance since 2020 (start of the COVID-19 pandemic), with the recovery driven by the Leisure & Hospitality division. • Ongoing proactive measures to strengthen our businesses for continued growth. Revenue EBITDA Net Profit/(Loss) (RM billion) (RM billion) (R
Slide 8: Group Financials – Strong balance sheet
Group Financials – Strong balance sheet • Strong and resilient balance sheet throughout the years • Consistently maintained an optimal gearing ratio Total Assets Total Equity Total Borrowings1 (RM billion) (RM billion) 40.7 39.9 39.8 106.8 36.8 102.0 99.6 102.4 102.5 59.3 56.1 33.1 54.5 53.2 52.9 20
Slide 9: Group Financials – Capital Commitments
Group Financials – Capital Commitments YOY 31 Dec 2023 31 Dec 2022 YOY (RM (RM million) (RM million) (%) million) Genting Malaysia - Malaysia 2,139 2,042 +97 +5% Ongoing GITP* project - UK 244 152 +92 +61% - US & Bahamas 186 693 (507) (73%) Renewal and refresh of Resorts World Genting Singapore 15,3
Slide 11: Leisure & Hospitality – Genting Malaysia
Leisure & Hospitality – Genting Malaysia BUSINESS REVIEW 2023 Resorts World Genting, Malaysia GENTING MALAYSIA GROUP In RM million FY2023 FY2022 % Change Driven by Revenue 10,189 8,603 ↑+18% robust EBITDA1 recovery 2,632 2,117 ↑+24% Resorts World Catskills, USA Resorts World New York City, USA (oper
Slide 12: Genting Malaysia Group – Key Properties
Genting Malaysia Group – Key Properties BUSINESS REVIEW 2023 Resorts World Genting Genting UK Resorts World Bimini • Malaysia’s largest integrated resort • Operates over 30 casinos • 78 : 22 joint venture destination • ~2.7m visitors in 2023 • Offers gaming, accommodation, • ~25m visitors in FY23 •
Slide 13: Resorts World Genting
Resorts World Genting BUSINESS REVIEW 2023 ▪ Genting Group’s first and flagship leisure asset, operating successfully since 1971. ▪ A pioneer developer of the integrated resort model. ▪ Growth and transformation from a single hotel (200 rooms in 1971) into an award-winning integrated resort of about
Slide 14: Leisure & Hospitality
Leisure & Hospitality BUSINESS REVIEW In RM million FY2023 FY2022 Change Revenue 8,209 5,502 ↑+49% Adjusted EBITDA 3,579 2,553 ↑+40% Adjusted EBITDA 44% 46% margin Artist’s impression - for illustration purposes only. Resorts World Sentosa captured a strong recovery • Captured an increased inflow of
Slide 15: Leisure & Hospitality – RWS 2.0
Leisure & Hospitality BUSINESS REVIEW RWS 2.0 Genting Singapore announced in 3Q 2023: • Total investment of SGD6.8 billion over the next 8 years on RWS 2.0 The Waterfront development: • construction to start late 2024 • additional around 700 hotel keys • experiential lifestyle offerings in a captiva
Slide 16: Resorts World Sentosa
BUSINESS REVIEW RESORTS WORLD SENTOSA “Best Integrated Resort” since 2011 for 10 consecutive years at the TTG Travel Awards and inducted into the TTG Travel Hall of Fame in 2023 - In recognition of the resort’s exceptional performance and amongst the best of Asia-Pacific’s travel industry. ▪ 100% ow
Slide 17: High Profile Events for 2024/2025
HIGH PROFILE EVENTS FOR 2024/2025 OCTOBER 2024 Asia Premier at RWS Harry PotterTM - Visions of magic Illumination’s Minion Land groundbreaking ceremony at Universal Studios Singapore in May 2022 Copyright © 2024 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 56th AGM 13 June 2024 # 17
Slide 18: Resorts World Las Vegas
Leisure & Hospitality BUSINESS REVIEW 2023 RESORTS WORLD LAS VEGAS An iconic must-see world class resort in Las Vegas • Revenue of USD897 million in 2023 (2022: USD794 million), driven by a strong mix of convention business and robust calendar of property and citywide events, such as the inaugural F
Slide 19: Resorts World Las Vegas
Leisure & Hospitality BUSINESS REVIEW RESORTS WORLD LAS VEGAS An iconic must-see world class resort in Las Vegas Las Vegas Hilton Conrad Las Vegas • The resort hosts three of Hilton hotel brands - Las Vegas Hilton, the resort’s full-service brand; Conrad Las Vegas, Hilton’s lifestyle luxury brand; C
Slide 20: Happenings in 2024
Happenings in 2024 BUSINESS REVIEW RESORTS WORLD LAS VEGAS Resorts World Theatre Las Vegas’s biggest residency featured eight-time GRAMMY award-winning artist Carrie Underwood’s REFLECTION: The Las Vegas Residency in its 5,000-seat theatre inside Resorts World Las Vegas. Food and Beverage • Restaura
Slide 21: Genting Plantations
Genting Plantations BUSINESS REVIEW 2023 In RM million FY2023 FY2022 Change Revenue 2,966.5 3,189.8 (7%) Adjusted EBITDA 731.5 1,029.8 (29%) Adjusted EBITDA 24.7% 32.3% margin * Data is based on Genting Plantations Group ❖ Lower palm products prices achieved in 2023: Additional milling capacity in c
Slide 22: Genting Plantations – key divisions
Genting Plantations – key divisions BUSINESS REVIEW 2023 Plantation Property AgTech Manufacturing • Landbank: 243,300ha (incl. Plasma) Refinery: 600,000 mt/yr • Planted: 159,100ha Biodiesel: 200,000 mt/yr (incl. Plasma) • Oil mill capacity: 725mt/hr Copyright © 2024 Genting Berhad 196801000315 (7916
Slide 23: Replanting activities continue
Replanting activities continue BUSINESS REVIEW 2023 planted area Projected replanting areas 24,500 hectares 11,800 hectares Immature 5,000 13% 4,000 159,095 Replanting area (ha) hectares 3,000 Mature 87% 2,000 1,000 Average palm age: 12.1 years 0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 202
Slide 24: Downstream Manufacturing Initiatives
Downstream Manufacturing Initiatives BUSINESS REVIEW Initiatives SUSTAINABILITY OPERATIONAL INITIATIVE EFFICIENCY Proposal to install solar Utilisation of POIC Port power currently in Lahad Datu for shipment progresss for cost savings POIC Port Lahad Datu, Container Export Shipment Copyright © 2024
Slide 25: Next Generation Oil Palm Seeds
Next Generation Oil Palm Seeds BUSINESS REVIEW The Right Seed at the Right Location with Right Practices Artificial Intelligence Upscaling Seed Commercial Approaches Production Capacity Seed Sales Proprietary Traits Stacking ▪ 4-5 million annual ▪ 7,600 ha GENP ▪ High yielding capacity replanting ▪
Slide 26: Property Development - Johor
Property Development - Johor BUSINESS REVIEW Rimbun Residences Kensington 3 Raintree Residences Indahpura Central Double Storey Terrace Double Storey Terrace Cluster and Semi-detached Double Storey Shop Offices 100 units 51 units 50 units 11 units Price: RM760k Price: RM790k Price: RM1.1 – RM1.6 mil
Slide 27: Genting Industrial City – Batu Pahat, Johor
Genting Industrial City – Batu Pahat, Johor BUSINESS REVIEW Maiden Launch – 148 units of mixed industrial development with GDV of RM262 million First managed industrial park in Batu Pahat Freehold Land covering 1,200 acres Managed Development Semi-detached Factory Detached Factory RM1.9 million/unit
Slide 28: Property Launches - 2024
Property Launches - 2024 BUSINESS REVIEW Upcoming launches with Gross Development Value of RM294 million June August October November Genting Indahpura Genting Pura Kencana Genting Indahpura Genting Indahpura 10 units 73 units 236 units 81 units Double Storey Shop Office Double Storey Terrace Double
Slide 29: Genting Plantations – Premium Outlets
Genting Plantations – Premium Outlets® BUSINESS REVIEW Johor Premium Outlets® Johor Genting Jakarta Premium Highlands Premium Outlets® Premium Outlets® Outlets® Gross leasing area 320,000 280,000 310,000 (sqft) No. of stores 150 150 150 No. of visitors p.a. >4 million >6 million N/A Genting Highland
Slide 30: Genting Energy
Genting Energy BUSINESS REVIEW 2023 ❖ Overall revenue and earnings improvement in 2023. In RM million FY2023 FY2022 Change Revenue – Power 1,192 1,040 ↑+14.6% ❖ Higher revenue and earnings from Power Division, mainly Revenue – Oil & Gas 453 513 (11.7%) due to higher generation from Banten power plan
Slide 31: Genting Energy - Power
Genting Energy - Power BUSINESS REVIEW Banten power plant, Indonesia ❖ Successfully completed its first major outage in February 2024 since the plant commenced its operation in March 2017. ❖ Top ranked among the thermal power plants in Jawa Island. ❖ Achieved more than 80% plant physical availabilit
Slide 32: Genting Energy - Oil & Gas
Genting Energy - Oil & Gas BUSINESS REVIEW Chengdaoxi Block, China ❖ Stable performance – delivered ~2.8 million barrels of oil in 2023, with Genting Oil & Gas share approximately 1.4 million barrels, delivered consistent performance in 2023. Kasuri Block, Indonesia ❖ Approval on revised plan of dev
Slide 33: Genting Energy – Renewable Energy
Genting Energy – Renewable Energy BUSINESS REVIEW 2023 Jangi Wind Farm – Gujarat, India Dongwu Cha Solar Plant - Fujian, China ❖ First renewable power plant ❖ Developing Dongwu Cha solar plant with SDIC Power and a green field project for the Holdings Co., Ltd. Group. ❖ Upon completion later this ye
Slide 34: Life Sciences
Life Sciences BUSINESS REVIEW 2023 For the past decade, Genting Berhad has invested in life science companies that are in various stages of research and development for new treatments and new ways to improve our health and lifestyle. Companies In various phases of research and development: • TauRx P
Slide 35: Awards & Recognition
Awards & Recognition BUSINESS REVIEW 2023 In recognition of management excellence and operational achievements Notable awards received in 2023 include: ❖ Tan Sri Lim Kok Thay, the Chairman of Genting Group, was honoured with the prestigious Lifetime Achievement Award by the Malaysian Association of
Slide 36: Sustainability
56th Annual General Meeting SUSTAINABILITY th Copyright © 2024 Genting Berhad 196801000315 (7916-A). 196801000315 (7916-A) . All Rights All Reserved. Rights Reserved. 525656 nd AGM th AGM rd 53AGM 1313 AGM June 22 20242020 2024 June 2 June 2021 # 36 # 36
Slide 37: Sustainability - Highlights
Sustainability - Highlights FY2023 Genting Berhad Resorts World Las Vegas Malaysia’s Most Successful Community investments Gold Certification Sustainable Valuable Brand RM19.9 million – LEED Programme – The BrandLaureate Sustainable benefitting over 900,000 people for all hotels Business and Brands
Slide 38: Sustainability – Environment, Biodiversity
Sustainability ENVIRONMENT - BIODIVERSITY Over 300 trees were salvaged during the construction of Resorts World Las Vegas in US Managing Borneo Partnerships to pygmy elephants protect via collaborative endangered research in Sabah, flora, fauna and Malaysia wildlife in Resorts - Genting Plantations
Slide 39: Sustainability – Environment, Facilities
Sustainability ENVIRONMENT - FACILITIES Genting Singapore Resorts World Las Vegas property is now powered by Sustainable Building Designs and Facilities 100% renewable energy sources Resorts World Sentosa’s warehouse in Pandan Garden to be powered by solar energy Resorts World Las Vegas’s three hote
Slide 40: Sustainability – Social
Sustainability SOCIAL Providing essential supplies to Pahang Contribution to IJM Foundation Community outreach by Genting Energy contributed in preparation of flood season – Genting Malaysia Resorts World Las Vegas donations for local – Genting Malaysia community in Banten Meals for low-income famil
Slide 41: Prospects
Prospects ❖ Our Group remains cautiously optimistic on the near-term outlook of the leisure and hospitality industry and remains positive in the longer term ❖ The global economic environment is expected to gradually improve. However, downside risks continue to pre-dominate amid the ongoing geopoliti
Slide 43: Questions from the Minority Shareholders Watch Group (MSWG)
56th Annual General Meeting QUESTIONS FROM THE MINORITY SHAREHOLDERS WATCH GROUP (“MSWG”) Copyright © 2024 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 56th AGM 13 June 2024 # 43
Slide 44: MSWG Question 1: Plantation resilience
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: OPERATIONAL AND FINANCIAL MATTERS Question 1: Given the challenges in the palm oil market, including price fluctuations and export competition, what are the strategic initiatives in place to enhance the resilience and sustainabilit
Slide 45: Response to Question 1: Plantation strategy
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: OPERATIONAL AND FINANCIAL MATTERS Response to Question 1: Genting Plantations actively takes steps to strengthen its fundamentals to enhance its resilience in the plantation business. These include, but not limited to, the continuo
Slide 46: MSWG Question 2: Cost-efficiency measures
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: OPERATIONAL AND FINANCIAL MATTERS Question 2: “The Group will continue to drive productivity and operational efficiency to ensure businesses remain resilient and competitive across its leisure and non-leisure properties.” (source:
Slide 47: Response to Question 2: Cost efficiency measures
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: OPERATIONAL AND FINANCIAL MATTERS Response to Question 2: The cost efficiency measures include: a) Streamlining processes to improve operational efficiencies and optimise use of resources. b) Digitalisation and automation: Utilisat
Slide 48: MSWG Question 3: TauRx investment
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: OPERATIONAL AND FINANCIAL MATTERS Question 3: TauRx is pursuing regulatory interactions and submissions for its oral anti-tau product, hydromethylthionine mesylate (HMTM) to seek regulatory approval in the US, UK and other territor
Slide 49: Response to Question 3: TauRx investment
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: OPERATIONAL AND FINANCIAL MATTERS Response to Question 3: The negative adjusted EBITDA of RM484.9 million in 2023 was not related to the investment in TauRx. TauRx was recorded as “investment in associate” in the Group. The carryin
Slide 50: MSWG Governance Question 1: MCCG practices
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: CORPORATE GOVERNANCE MATTERS Question 1: The Company has not adopted the following Practices under the Malaysian Code on Corporate Governance (MCCG): Practice 1.3 - The positions of Chairman and CEO are held by different individual
Slide 51: Governance Question 1 (cont'd): Director appointment
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: CORPORATE GOVERNANCE MATTERS Question 1: (cont’d) On 29 February 2024, Mr Lee Tuck Heng was appointed as an Independent Non-Executive Director of the Company. Currently, the Board has nine members, comprising three Executive Direct
Slide 52: Response to Governance Question 1
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: CORPORATE GOVERNANCE MATTERS Response to Question 1: The licensing process for suitability of directors of the Company to meet gaming regulatory requirements differ from jurisdiction to jurisdiction. In several jurisdictions outsid
Slide 53: Response to Governance Question 1 (cont'd)
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: CORPORATE GOVERNANCE MATTERS Response to Question 1: (cont’d) Prior to his appointment as a Director, Mr. Lee was apprised of the licensing requirements imposed by the various gaming regulators where he would be required to complet
Slide 54: Response to Governance Question 1 (cont'd)
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: CORPORATE GOVERNANCE MATTERS Response to Question 1: (cont’d) Mr. Lee was requested to complete certain forms including but not limited to his declaration in accordance with the criteria under the Directors’ Fit and Proper Policy o
Slide 55: MSWG Sustainability Question 1: Coal-fired plants
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: SUSTAINABILITY MATTERS Question 1: The prospects of coal-fired power plants are increasingly challenged by the goals and commitments outlined in the Paris Agreement. The Paris Agreement, adopted in 2015, aims to limit global warmin
Slide 56: Response to Sustainability Question 1
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: SUSTAINABILITY MATTERS Response to Question 1: The Board has resolved not to further invest in coal-fired power plants but will continue to operate the existing power plants to meet the contractual and regulatory obligations. The G
Slide 57: Sustainability Question 2: Gambling perception
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: SUSTAINABILITY MATTERS Question 2: How is the company integrating concerns about negative public perception of its involvement in the gambling business into its overall risk management framework? Response to Question 2: Legalised g
Slide 58: Response to Question 2 (cont'd)
56th Annual General Meeting PRE-AGM QUESTIONS FROM MSWG & RESPONSES: SUSTAINABILITY MATTERS Response to Question 2: (cont’d) The Group invests in highly regulated gaming businesses that practice responsible gambling and have responsible gaming measures in place. For example, Genting Malaysia intenti
Slide 59: Pre-AGM Questions from Registered Shareholders and Responses
56th Annual General Meeting PRE- AGM QUESTIONS FROM REGISTERED SHAREHOLDERS AND RESPONSES Note: The questions and answers have been edited for brevity and clarity Copyright © 2024 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 56th AGM 13 June 2024 # 59
Slide 60: Plantations
56th Annual General Meeting PRE-AGM QUESTIONS - PLANTATIONS Question 1: According to a shareholder, “Maybank’s rough estimates show that 1GW capacity may bring in recurring annual income of RM134 million to RM266 million using 1,500-1,700 ha of land.” What action will Genting Plantations take since
Slide 61: Share Buyback
56th Annual General Meeting PRE-AGM QUESTIONS - SHARE BUYBACK Question 2: a) May I ask why the proposed share buyback authority approved in the previous AGM has never been performed? There have been plenty of instances when the share prices dropped close to the all-year low. b) Given the unfulfilled
Slide 62: Dividend
56th Annual General Meeting PRE-AGM QUESTIONS - DIVIDEND Question 3: Why is the dividend for Genting Berhad the same as Genting Malaysia Berhad? Should Genting Berhad being the parent company, pay higher dividend as compared to the subsidiary? Please clarify. Response to Question 3: Genting Berhad d
Slide 63: Share Price
56th Annual General Meeting PRE-AGM QUESTIONS - SHARE PRICE Question 4: The share price keeps falling back to COVID-19 price? Business operations are poor, but directors remain “high salaries and director fees”. Dividend yields same as Genting Berhad [3182] and Genting Malaysia Berhad [4715]. What i
Slide 64: Door Gifts
56th Annual General Meeting PRE-AGM QUESTIONS - DOOR GIFTS Question 5: We have received questions from shareholders requesting for door gifts such as e-vouchers, e- coupons or e-wallet credits as a token of appreciation for attending this virtual AGM. Response to Question 5: Kindly be informed that
Slide 65: Annual Reports
56th Annual General Meeting PRE-AGM QUESTIONS - ANNUAL REPORTS Question 6: We have received a number of requests from shareholders for printed annual reports. Response to Question 6: You may request on the website of Tricor at https://tiih.online by selecting “Request for Annual Report” under “Inves
Slide 66: Resorts World Genting
56th Annual General Meeting PRE-AGM QUESTIONS - RESORTS WORLD GENTING Question 7: Are there plans for adding new attractions to the current ones in Genting Highlands? Which of the existing attractions are giving the best income? Response to Question 7: Genting Malaysia is in the midst of upgrading i
Slide 67: Genting Berhad Debt and Free Cash Flow
56th Annual General Meeting PRE-AGM QUESTIONS - GENTING BERHAD DEBT AND FREE CASH FLOW Question 8: In AGM 2023, in response to a shareholder on the share price, Genting Berhad has replied that the company has strong fundamentals. However, the Return on Equity (ROE) for FY 2023 is low at 8% as compar
Slide 68: Response: Debt and Free Cash Flow
56th Annual General Meeting PRE-AGM QUESTIONS - GENTING BERHAD DEBT AND FREE CASH FLOW Response to Question 8: a) As evidenced by the financial charts, the Group’s financial resilience has enabled the Group to start recovering in 2022 and posted a strong recovery in 2023, despite the extremely chall
Slide 69: Suggestions
56th Annual General Meeting PRE-AGM QUESTIONS - SUGGESTIONS 9. Suggestions (from shareholders): We have received suggestions from shareholders that included amongst others, suggestions for Resorts World Sentosa to leverage on mega entertainment events in Singapore such as the Taylor Swift concert to
Slide 70: Suggestions – Response
56th Annual General Meeting PRE-AGM QUESTIONS - SUGGESTIONS Response: Thank you for the suggestions which we have noted and communicated to our respective leisure teams. Our leisure teams have explored similar options and the viability. Our teams will always seek innovative ways and solutions that c
Slide 71: End of CFO Presentation – Disclaimer
56th Annual General Meeting End of CFO Presentation Disclaimer Some of the statements made in this presentation which are not statements of historical facts are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the di

Genting Berhad — Shareholder Meeting (June 2024) on 6ix

Genting Bhd — Shareholder Meeting (June 2024)

Slide 1: 56th Annual General Meeting

Slide 2: Agenda

Slide 3: Group Financials 2023

Slide 4: Group Financials - 2023

Slide 5: Group Financials - 2023

Slide 6: Group Financials - Dividends

Slide 7: Group Financials

Slide 8: Group Financials – Strong balance sheet

Slide 9: Group Financials – Capital Commitments

Slide 10: Business Review 2023

Slide 11: Leisure & Hospitality – Genting Malaysia

Slide 12: Genting Malaysia Group – Key Properties

Slide 13: Resorts World Genting

Slide 14: Leisure & Hospitality

Slide 15: Leisure & Hospitality – RWS 2.0

Slide 16: Resorts World Sentosa

Slide 17: High Profile Events for 2024/2025

Slide 18: Resorts World Las Vegas

Slide 19: Resorts World Las Vegas

Slide 20: Happenings in 2024

Slide 21: Genting Plantations

Slide 22: Genting Plantations – key divisions

Slide 23: Replanting activities continue

Slide 24: Downstream Manufacturing Initiatives

Slide 25: Next Generation Oil Palm Seeds

Slide 26: Property Development - Johor

Slide 27: Genting Industrial City – Batu Pahat, Johor

Slide 28: Property Launches - 2024

Slide 29: Genting Plantations – Premium Outlets

Slide 30: Genting Energy

Slide 31: Genting Energy - Power

Slide 32: Genting Energy - Oil & Gas

Slide 33: Genting Energy – Renewable Energy

Slide 34: Life Sciences

Slide 35: Awards & Recognition

Slide 36: Sustainability

Slide 37: Sustainability - Highlights

Slide 38: Sustainability – Environment, Biodiversity

Slide 39: Sustainability – Environment, Facilities

Slide 40: Sustainability – Social

Slide 41: Prospects

Slide 42: Corporate Video

Slide 43: Questions from the Minority Shareholders Watch Group (MSWG)

Slide 44: MSWG Question 1: Plantation resilience

Slide 45: Response to Question 1: Plantation strategy

Slide 46: MSWG Question 2: Cost-efficiency measures

Slide 47: Response to Question 2: Cost efficiency measures

Slide 48: MSWG Question 3: TauRx investment

Slide 49: Response to Question 3: TauRx investment

Slide 50: MSWG Governance Question 1: MCCG practices

Slide 51: Governance Question 1 (cont'd): Director appointment

Slide 52: Response to Governance Question 1

Slide 53: Response to Governance Question 1 (cont'd)

Slide 54: Response to Governance Question 1 (cont'd)

Slide 55: MSWG Sustainability Question 1: Coal-fired plants

Slide 56: Response to Sustainability Question 1

Slide 57: Sustainability Question 2: Gambling perception

Slide 58: Response to Question 2 (cont'd)

Slide 59: Pre-AGM Questions from Registered Shareholders and Responses

Slide 60: Plantations

Slide 61: Share Buyback

Slide 62: Dividend

Slide 63: Share Price

Slide 64: Door Gifts

Slide 65: Annual Reports

Slide 66: Resorts World Genting

Slide 67: Genting Berhad Debt and Free Cash Flow

Slide 68: Response: Debt and Free Cash Flow

Slide 69: Suggestions

Slide 70: Suggestions – Response

Slide 71: End of CFO Presentation – Disclaimer