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OTHERS GENTING MALAYSIA BERHAD ("GENM" or "the Company") Acquisition of new indirect wholly-owned subsidiary and re-organisation of group structure

GENTING MALAYSIA BERHAD

Type Subject Description

Announcement

OTHERS

GENTING MALAYSIA BERHAD ("GENM" or "the Company")

Acquisition of new indirect wholly-owned subsidiary and re-organisation of group structure

The Board of Directors of GENM wishes to announce the following :
(i) BB lnvestment Holdings Ltd., an indirect wholly-owned subsidiary of the Company, has acquired 5,000 registered shares of US$1.00 each, representing the entire equity interest of RWBB Resorts Management Ltd. ("RWBB") on 1 August 2013 for the purpose of undertaking resort management operations f'New Acquisition"). RWBB was incorporated in the Commonwealth ofThe Bahamas (''Bahamas") on 28 March 2013 under the provisions ofthe Companies Act 1992 and the Articles of Continuation of RWBB were filed at the Companies Registry of the Bahamas on 17 Aprii 2013 to continue the company under the lntemational Business Companies Act 2000.
(ii) GENM's indirect wholly-owned subsidiary, Genting New York LLC, has on 1 August 2013 transferred its entire equity interest comprising 100 units of US$1.00 each in RWD US LLC, a company incorporated in the State of Delaware, United States of America to Genting Americas lnc., another indirect wholly-owned subsidiary of the Company, fora cash consideration of US$100.00 ("Internai Re-organisation").
None of the Directors anelior major shareholders of the Company and/or persons connected with them is deemed interested in the New Acquisition and the Internai Re-­
organisation.
The New Acquisition is not expected to have any effect on the group's profit for 2013. The Internai Re-organisation has no impact on the net assets and eamings per share of the GENM group for the financial year ending 31 December 2013.
This announcement is dateci 2 August 2013.

Announcement Info

Company Name

StockName

Date Atmounced

Category

Reference No

GENTING MALAYSIA BERHAD GENM

2 Aug 2013

Generai Announcement

GM-l30802-287A2

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvBWAllByiD/7386938A9... 8/2/2013

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