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Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Dies

virus

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

means what? 后继无人?dun worry, jinx will send her son to seat on the BOD and turn the biz around.. with her experience of failing biz, they can rest assure she will do a wonderful job pulling strings for her son.
 

eErotica69

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Generous Asset
Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

means what? 后继无人?dun worry, jinx will send her son to seat on the BOD and turn the biz around.. with her experience of failing biz, they can rest assure she will do a wonderful job pulling strings for her son.

Second son Lim Kok Thay has been the CEO since 2003!
 

eErotica69

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

Saturday, December 02, 2006

The Lim Family of Genting
In The Business Times, Singapore, today.
http://sophiesworld-sophiesworld.blogspot.sg/2006/12/lim-family-of-genting.html

The savvy gambler


THE second son of Malaysian casino tycoon Lim Goh Tong (left in the pix from his autobiography) readily admits that he is a gambler.

'Life is full of gambles but I'm not a hard-core gambler,' quipped Lim Kok Thay (right in the pix), who took over the helm of the Genting group following his father's retirement four years ago. Instead, the social gambler has turned the Malaysian gaming business into a fine art due to his passion for the business.

Kok Thay, 54, is the only child of the patriarch who has remained in the huge group. A relative in the group is Justin Leong, who is the son of Kok Thay's sister Siew Lian. Mr Leong is head of the group's strategic investments and corporate affairs.

Younger brother Chee Wah, who was once the joint managing director of Genting with their father in the early 1990s, is now running Hong Kong-listed property investment and financial services company VXL Capital.

Chee Wah apparently quit Genting due to differences with their father but Kok Thay dismisses the rumour, saying his brother preferred to dabble in other businesses.

Eldest brother Tee Keong quit as Genting director in the late 1990s. He was subsequently embroiled in a messy suit with two partners over personal stock market losses of over RM38 million (S$16.3 million).

There are also three girls in the family. One of them, Siew Kim, controls listed property company Metroplex, which has been mired in debt since the late 1990s. Genting did not bail out Metroplex despite the family ties.

Genting's success story must be partly attributed to Kok Thay although the empire was founded by his father four decades ago when he clinched a casino licence unexpectedly.

Analysts like the well-run and professionally managed company. The stock has breached RM30 from a low of RM6.40 during the stock market meltdown in 1998.

While Genting has taken correct bets under Kok Thay, his personal bets have been riskier. For example, Kok Thay gave out US$80 million in personal loans at a high interest rate to the Seneca Indian tribe to build a casino in Niagara Falls and acquired a substantial stake in troubled Malaysian lottery operator Mycom.

But Kok Thay is not taking any unnecessary risk with his listed group or its prized Malaysian casino licence, which has to be renewed quarterly by the Finance Ministry. He refuses to disclose the actual fee for each quarterly renewal of the licence but admits that it is now a 'substantial' amount.

But he does not see it as a hindrance, saying that it helps the group's cashflow to pay the government every three months instead of paying one big lump sum at the end of each year. Nevertheless, he is constantly scouting for fresh businesses to help cut the group's over-dependence on the Malaysian gaming business, which generates two-thirds of its revenue. 'I gamble socially. But I only take calculated risks in business,' Kok Thay adds.
 

Talking Donkey

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

The eldest son is a playboy and his dad don't trust him in taking over the family business.
 

laksaboy

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

Lim Goh Tong's granddaughter's nude photos.

clubdesexymind.blogspot.com/2014/01/exposed-nude-photos-of-lim-goh-tongs.html
 

nutbush

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

quite pretty...:biggrin:

Lim Goh Tong's granddaughter's nude photos.

clubdesexymind.blogspot.com/2014/01/exposed-nude-photos-of-lim-goh-tongs.html
 

syed putra

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

i think the eldest son screwed up buying cruise company at inflated price in the US. It took many years to recover from that mistake. he was probably sacked just after that.
 

syed putra

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

Lim Goh Tong's granddaughter's nude photos.

clubdesexymind.blogspot.com/2014/01/exposed-nude-photos-of-lim-goh-tongs.html

Some say not actually genting girl. very difficult to verify.
 

virus

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

i think the eldest son screwed up buying cruise company at inflated price in the US. It took many years to recover from that mistake. he was probably sacked just after that.

that sound reasonable.. only stupid pple who keep his habituable gambling wife onboard to squander away money
 

CoffeeAhSoh

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

The eldest son is a playboy and his dad don't trust him in taking over the family business.


Rest In Peace . Passed On 14 Apr 14 Monday.


the Funeral Car is now at the Burial site .

Datuk Lim will be buried next to his Daddy private burial site.


a few hours ago the funeral possession passed by Genting Casino MY for the final time.


Datuk Lim 69 leave behind 2 wives 3 S n 2 D.
 

CoffeeAhSoh

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die



KUALA LUMPUR (Apr 15):


Genting chairman’s older brother Tee Keong dies



Datuk Lim Tee Keong, the eldest son of Genting

group founder the late Tan Sri Lim Goh Tong, has passed away, according to

a source close to the family.

The source had confirmed the news over a telephone conversation with

theedgemalaysia.com today. Tee Keong is the older brother of Genting

chairman and chief executive Tan Sri Lim Kok Thay.

"Yes. We confirm that the news is true," the source said. The source declined

to elaborate as the matter was a "family affair" within the Lim family.

According to resort and casino operator Genting group's website, Tee Keong

does not sit on the boards of listed companies under Genting.

These include Genting Bhd, Genting Malaysia Bhd and Genting Plantations

Bhd.

However, Tee Keong's children have on their own started boutique casino

operations in Asia.

News reports indicate that Tee Keong's sons Joey Lim Keong Yew and

Benjamin Lim Keong Hoe, both in their 30s, have been running a boutique

casino in Vietnam since 2002.

Joey was quoted as saying that the gaming entity was the first legal casino in

Vietnam.
 

CoffeeAhSoh

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Re: Genting Casino Group's Tan Sri Lim Goh Tong's Eldest Son Datuk Lim Tee Keong Die

n_p10SitiHasmah.jpg
 
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