PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

16
PROOF OF ADVANCING OBJECTIVES VIII. A.15.b-1 Exhibit VIII A.15.b Genting Group Gaming Projects The Genting Group has announced several major Integrated Resort development projects in the US and abroad. Resorts World Las Vegas Las Vegas, Nevada, USA Resorts World Las Vegas is a planned Asian-themed resort on the Las Vegas Strip in Las Vegas, Nevada. In March 2013, the group purchased the 87 acre Echelon Place from Boyd Gaming for $350 million and immediately began design work to develop the property. Plans are to commence construction on the site beginning in the latter part of 2014. The project is estimated to cost between $3.5 and $4.0 billion and will feature over 3,000 hotels, 25 restaurants, high end retails shops and a 175,000-square-foot casino housing over 2,400 slots and over 250 table games. We anticipate that it will take approximately 24 to 36 months to complete construction. Genting Berhad received a “Preliminary Finding of Suitability” from the Nevada Gaming Commission in May of 2014. Currently the development of Resorts World Las Vegas is being managed by GENM, GENM has no financial interest in the project at this time. Mashpee Wampanoag First Light Casino Taunton, Massachusetts, USA Through a wholly owned subsidiary, GENM has entered into a management agreement with the Mashpee Wampanoag Tribe, located in Southeastern Massachusetts. The resort is to be located in the City of Taunton, Massachusetts, approximately 25 miles south of Boston. Upon completion of the initial phases, the resort will have over 3,000 slots, 150 table games and 600 hotel rooms. Expected project cost is between $500 million and $750 million. GENM will provide some initial financing to the Tribe and Tribe will raise the additional funding through traditional 3 rd party financing. The tribe is currently awaiting approval from the Department of Interior to place land into tribal trust. Upon approval, we anticipate commencing construction and expect to open the facility within 18 months of breaking ground. GENM will manage the facility for a period of 7 years from opening. Resorts World Genting – Fox Theme Park Genting Highlands, Malaysia In 2013, GENM commenced construction of the first Fox Studios theme park in the world. The project is being constructed at Resorts World Genting located approximately 1 hour from Kuala Lumper, Malaysia. The 25-acre park will feature more than 25 rides and attractions based on Fox films such as "Ice Age," "Rio," "Alien vs. Predator," "Planet of the Apes" and "Night at the Museum. The project is expected to cost approximately $300 million and will be complete in 2016.

Transcript of PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

Page 1: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

PROOF OF ADVANCING OBJECTIVES

VIII. A.15.b-1

Exhibit VIII A.15.b

Genting Group Gaming Projects The Genting Group has announced several major Integrated Resort development projects in the US

and abroad.

Resorts World Las Vegas Las Vegas, Nevada, USA Resorts World Las Vegas is a planned Asian-themed

resort on the Las Vegas Strip in Las Vegas, Nevada. In March 2013, the group purchased the 87 acre Echelon Place from Boyd Gaming for $350 million and immediately began design work to develop the property. Plans are to commence construction on the site beginning in the latter part of 2014. The project is estimated to cost between $3.5 and $4.0 billion and will feature over 3,000 hotels, 25 restaurants, high end retails shops and a 175,000-square-foot casino housing over 2,400 slots and over 250 table games. We anticipate that it will take approximately 24 to 36 months to complete construction. Genting Berhad received a “Preliminary Finding of Suitability” from the Nevada Gaming Commission in May of 2014. Currently the development of Resorts World Las Vegas is being managed by GENM, GENM has no financial interest in the project at this time.

Mashpee Wampanoag First Light Casino Taunton, Massachusetts, USA Through a wholly owned subsidiary, GENM has entered into a

management agreement with the Mashpee Wampanoag Tribe, located in Southeastern Massachusetts. The resort is to be located in the City of Taunton, Massachusetts, approximately 25 miles south of Boston. Upon completion of the initial phases, the resort will have over 3,000 slots, 150 table games and 600 hotel rooms. Expected project cost is between $500 million and $750 million. GENM will provide some initial financing to the Tribe and Tribe will raise the additional funding through traditional 3rd party financing. The tribe is currently awaiting approval from the Department of Interior to place land into tribal trust. Upon approval, we anticipate commencing construction and expect to open the facility within 18 months of breaking ground. GENM will manage the facility for a period of 7 years from opening.

Resorts World Genting – Fox Theme Park Genting Highlands, Malaysia In 2013, GENM commenced construction of the first

Fox Studios theme park in the world. The project is being constructed at Resorts World Genting located approximately 1 hour from Kuala Lumper, Malaysia. The 25-acre park will feature more than 25 rides and attractions based on Fox films such as "Ice Age," "Rio," "Alien vs. Predator," "Planet of the Apes" and "Night at the Museum. The project is expected to cost approximately $300 million and will be complete in 2016.

Page 2: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

PROOF OF ADVANCING OBJECTIVES

VIII. A.15.b-2

Resorts World Birmingham at NEC Birmingham, England GENM is currently constructing Resorts World Birmingham at

the National Exposition Center in Birmingham, England. The cost of investment by Genting Casinos is over £150m. The facility will be, located between the LG Arena and the Crowne Plaza Hotel overlooking Pendigo Lake. Large casino license granted by Solihull Metropolitan Borough Council (SMBC) in June 2011. The size of the development will be approximately 55,000sqm over seven floors. Resorts World will feature a hotel, spa, casino, banqueting and conference centre, multi-screen cinema, retail outlet centre, food and beverage outlets and car parking. The planned opening is spring 2015 and the property is expected to create more than 1,100 full time jobs will be created by the development & the equivalent of 1,750 jobs during construction.

Resorts World Korea Jeju Island, South Korea Genting Singapore has partnered with Chinese property

developer Landing International Development and will develop a $2.2 billion casino resort in South Korea. This project marks Genting's first foray into South Korea. In addition to the casino, the complex will include luxury hotels, a shopping mall, a theme park and residential facilities. The project is expected to open in 2017.

Page 3: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

PROOFOFADVANCINGOBJECTIVES

APPENDIXVIII.A.15.b‐1.ResortsWorldLasVegas

Page 4: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

FUTURE SITE OF

Property Statistics Dining Outlets Yes

Slots / VLTs Yes

Table Games / ETG Yes

Poker Yes

Spa Yes

Meeting / Banquet Space Yes

Showroom (s) 4,000 seat theater

Amusement/ Entertainment Yes

(Indoor Water Park, Panda Exhibit, Aquarium,

Movie Theaters, Bowling Alley, Rooftop Sky Park & Observation Deck)

Resorts World Las Vegas will be a world-class

destination resort with 6,583 rooms and will

feature 175,000 square feet of total gaming

space across several gaming floors, and

numerous luxury dining and retail amenities.

The resort will include convention space for Las

Vegas trade shows, helping the city attract

national and international business travelers

with a distinct focus on business-to-business

events and conferences. Family friendly

attractions will include a water park, aquarium,

bowling alley and panda exhibit. The project is

expected to open in 2016.

Page 5: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

PROOFOFADVANCINGOBJECTIVES

APPENDIXVIII.A.15.b‐2.ResortsWorldGentingFactSheet

Page 6: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

Aerial view of Resorts World Genting

1

Page 7: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

A leading integrated leisure & entertainment resort

• 19.6m visitors in FY13 (FY12: 20.5m)

• ≈ 14,000 employees

• ≈ 3.5 million Genting Rewards CardTM members

• ≈ 9,000 rooms at the Resorts World Genting

• Revenue of RM5.7b in FY13 (FY12: RM5.5b)

- 68% of total Group revenue (FY12: 69%)

2

RWG – Overview

Genting Club RWG

Crockfords Duplex Suite, RWG

Page 8: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

RWG – Historical Developments

3

1964

1965 to

1969

1971

Founder Tan Sri

Lim Goh Tong

conceived idea

of hilltop resort

1978 to

1981

1990 to

1992

1994 to

1997

1998 to

2001 (Tower 1)

Development of

access roads up

to 1,800m

Gunung Ulu Kali

hill top,

Development

of GENTING

HOTEL

First hotel completed

– Highlands Hotel

(now renamed

THEME PARK

HOTEL)

Development of

RESORT HOTEL 1975

Awana

Skyway

Development of

HIGHLANDS HOTEL

& Genting Skyway

Development of

FIRST WORLD

HOTEL & PLAZA

2001 to

2005 (Tower 2)

1983

Opening of

Awana Hotel

(Golf &

Country

Resort)

..… Over RM7 billion spent in building a

World Class Integrated Resort

Page 9: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

4

• Maxims

• Genting Grand

• Resorts Hotel

• Awana Genting

• Theme Park Hotel

• First World Hotel

…consistently above 90% occupancy rate since 2008

RWG – Six Hotels Serving Different Market Segments

Page 10: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

5

F&B Retail Theme Park M.I.C.E.

> 80 F&B outlets

> 12,000 seats dining

capacity

Serves > 11 million

covers annually

First World Plaza

measuring > 500,000

sq. ft.

Over 200 retail shops,

kiosks and restaurants

First World Indoor

Theme Park

• 500,000 Sq.ft.

• 14 Rides and

Attractions

Genting Indoor Theme

Park

• 14,000 Sq.ft.

150,000 sq. ft. of

conference facility

Grand ballroom, 18

meeting rooms,

business centre and

VIP reception rooms

>300,000 covers

annually

. . . wide range of

dining options

. . . branded stores

for the mass market

. . . fun at the

Peak

. . . one-stop

destination for

conventions and

events

RWG – Attractions

Page 11: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

GENTING INTEGRATED TOURISM PLAN (“GITP”) RESORTS WORLD GENTING

6

Page 12: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

GITP - Groundbreaking ceremony

7

Major 10-year master plan for redevelopment of RWG at

Genting Highlands

Estimated capex of RM5 billion

Launch of the 20th Century Fox World Theme Park

Officiated by PM of Malaysia on 17 Dec 2013

Highlights:

“Foresees Genting’s transformation plan in the integrated

resorts segment as a trendsetter and the start of a new era for

the tourism industry in Malaysia and believes all Malaysians are

waiting with great anticipation to see the new dimensions of

entertainment that Genting will unfold.” - PM Datuk Seri Mohd Najib Tun Razak -

“The GITP will be a major contributor towards helping the East

Cost Economic Region fulfill its target of attracting RM110 billion

and creating 560,000 jobs within the East Coast” - GENM Chairman and CEO Tan Sri Lim Kok Thay -

“The opening of the first Twentieth Century Fox Theme Park at

RWG takes our rich history of storytelling to a whole new level and

will provide an exceptional entertainment experience” - President of Twentieth Century Fox Consumer Products, Jeffrey Godsick-

… Building a world class resort

Page 13: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

8

GITP – Proposed Plans

New hotels and villas

20th Century Fox World theme

park

Show arena (10,000 pax)

Additional F&B outlets, retail and

entertainment areas

Multi-storey car park

Upgrade and refurbishment of

existing hotels and infrastructure

New cable car system and utilities

Wet Park

Staff quarters

Page 14: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

GITP – RWG Hilltop Development

9

New 20th Century Fox

World Theme Park

New 3-Star

Hotel

Genting Mall,

Show Arena,

New Hotels &

2nd Cable Car

Station

Page 15: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

PROOFOFADVANCINGOBJECTIVES

APPENDIXVIII.A.15.b‐3.ResortsWorldBirmingham

Page 16: PROOF OF ADVANCING OBJECTIVES Exhibit VIII A.15

Property Statistics Hotel Rooms 178

Outlet Shopping 50

Dining Outlets 12

Slots / VLTs up to 150

Table Games / ETG up to 100

Poker up to 32

Spa Yes

Showroom (s) 1

Meeting / Banquet Space 40,000 SF

Amusement / Entertainment Yes

Cinema Screens 11

Bars 5

Opening in Spring 2015, Resorts World Birmingham is a destination leisure and entertainment venue that is the first of its kind in Europe. Situated near Birmingham International Airport and next to the National Exhibition Centre and a 15,000-seat arena, Resorts World Birmingham consists of 50 outlet shops, an 11-screen IMAX cinema, 12 restaurants and 5 bars, a 178-room hotel and spa, a conference facility, and the Genting International Casino.