...• Tan Sri Lim Goh Tong (February 28, 1918 – October 23, 2007) was a prominent wealthy Malaysian Chinese businessman. • He was renowned for his vision and courage in transforming Genting Highlands from an unexplored hilltop to one of the world's most successful casino resorts. • He was once the 3rd richest man in Malaysia • In 1942 he earned a living as a vegetable farmer, but decided to switch to petty trading for a better living. • Later on Lim ventured into scrap-metal and hardware trading • When the Japanese Occupation ended, there was an urgent demand for heavy machinery for resumed operations in mines and rubber plantations, Lim seized the opportunity and engaged in second-hand machinery trading, making his first fortune. • Then later on, Lim joined as a partner in an iron mining company which couldn't settle the outstanding payment of two bulldozers with him, and this proved to be a successful venture as he earned a substantial amount of profit from the mining industry • The idea of building a hilltop resort was first conceived when Lim Goh Tong was having a dinner in Cameron Highlands. • After doing some research, Lim found Gunung (mountain in Malay) Ulu Kali at a place called Genting Sempah to be an ideal location for his plan. • He formed an expedition and explored the place, collecting a wealth of data on the topography, drainage, soil conditions and other relevant aspects of the region • Most thought it was really risky and reckoned Lim who was financially...
Words: 441 - Pages: 2
...“Why is the 2011 GE considered to be a watershed election?” ForDr. Lee Lai To Nanyang Technological University | | By Ng Wei Qiang U1010722H Word Count: 2805 words (Excluding Cover Page) March 3, 2012 To understand why GE 2011 was considered by many to be a watershed election, we must first take a look at the historical context of Singapore’s political scene which has been dominated by the People’s Action Party (PAP) since its independence in 1966. In fact, from 1966 up to 1981, there was not a single opposition Member of Parliament (MP). Among other reasons, one compelling fact was the boycott of the Barisan Socialis in the 1968 elections, allowing the PAP to sweep the polls, capturing all 58 seats and garnering 84.4% of all votes. Since then, the PAP has not looked back, dominating all Parliamentary General Elections while the opposition has failed to make any significant inroads in the political scene. However, it should be noted that over the years, the PAP has had a few upsets along the way with J. B. Jeyaratnam breaking the PAP’s monopoly of the Parliamentary seats with an unexpected victory in the 1981 Anson by-election. The next 3 elections in 1984, 1988 and 1991 then saw a downward swing in PAP’s popular vote, culminating in the PAP garnering only 61.0% of votes and losing 4 seats in 1991. This was significant in the fact that firstly, it was the lowest percentage of votes garnered by the PAP and secondly, it was the most seats lost to the opposition...
Words: 3203 - Pages: 13
...* Selflessness * Determination * Punctuality 2. Think of someone you greatly admire and consider why. Which personal value has that person demonstrated? The person who I greatly admire is Tan Sri Dato Seri Lim Goh Tong. Tan Sri Dato Seri Lim Goh Tong was born in 1918 in Anxi, a mountainous county in south eastern Fujian province in China. Tan Sri Dato Seri Lim Goh Tong was a prominent wealthy Malaysian Chinese businessman. He was renowned for his vision and courage in transforming Genting Highlands from an unexplored hilltop to one of the world's most successful casino resorts. He was once the 3rd richest man in Malaysia with a net worth estimated to be 4.2 billion USD. This making him the 204th richest person in the billionaire list compiled by Forbes. Tan Sri Dato Sri Lim Goh Tong set up a private company called Genting Highlands Berhad on 27 April 1965 and Tan Sri Lim successfully obtained approval for the alienation of 12,000 acres and 2,800 acres of land from the Pahang and Selangor State Government. In 1971, the first hotel at Genting Highlands was successfully completed and was named Highlands Hotel. There are many great things of Tan Sri Dato Seri Lim Goh Tong that I always admire. The personal values that Tan Sri Dato Sri Lim Goh Tong demonstrate is determination. He acts as a role model and inspiration to many that the difficulties one may face should not be the barrier in to achieving one's goal and success. Although he received many negative comments...
Words: 439 - Pages: 2
...(Genting Malaysia 2012). This self-made magnate is no other than Malaysia’s highly praised Tan Sri Lim Goh Tong. Goh Tong’s humble take on life and strong entrepreneurial qualities is the epitome of a true rag to riches story. Today’s his multinational empire is worth at RM $23 billion (AUD $7 billion) as of 31st December 2011, making it one of Malaysia largest and most respectful listed company (Genting Malaysia 2012). Goh Tong’s diverse business empire thrived slowly year by year because he believed in the simple approach of success through determination, perseverance, hard work and self-conviction (Lim 2004). His entrepreneurial qualities bloomed from a tender age of 16 and evidently the qualities became more apparent with age and experience (Lim 2004). His admirable qualities and success prompted Malaysia then Prime Minister, Mahathir Mohamad to correlate the country’s economic development during the economic boom of Southeast Asia to the success of Goh Tong’s story. Mahathir implied entrepreneurs such as Goh Tong will benefit the country’s economic development and growth in a long run, encouraging more Malaysians to looked up to Goh Tong and his story of success (France-Presse, 2007). Goh Tong’s entrepreneurial qualities are nothing of the extraordinary, they were qualities that many taken for granted when seeking success. Life would have been very different for Goh Tong if he didn’t have the courage to take the big leap of faith to leave his homeland...
Words: 2981 - Pages: 12
...strength Sime Darby Berhad (Sime Darby) is a Malaysia based investment holding company, with operations across several sectors through its subsidiary operations. The company operates through six main business segments, namely, Plantation, Property, Industrial, Motors, Energy & Utilities, and Health Care & Others. The company’s plantation segment engages in oil palm and rubber cultivation, and refining and fractionation of palm oil. The Property segment of Sime Darby has operations in development, management and investment in properties, and provision of golf and other recreational services, whereas the Industrial segment sells, rents and services heavy equipment. Sime Darby, through the Motor segment, offers international automobile brands and after sales care services. The Energy & Utilities segment of the company covers areas such as engineering design and fabrication, power generation, and treatment and supply of treated water. Healthcare services, aircraft composites components manufacturing and insurance broking services are offered through Healthcare & Others segment. Sime Darby is headquartered in Kuala Lumpur, Malaysia. COMPANY OVERVIEW OF DOMESTIC DIRECT COMPETITORS OF SIME DARBY (GENTING BERHAD)Genting Berhad (Genting), a holding company for the Genting Group, operates resorts, casino and plantations. It also develops properties, manufactures paper and generates electricity. The company primarily operates in Malaysia. It is headquartered in Kuala...
Words: 441 - Pages: 2
...3.1/3.2 Genting Highlands Resorts that founded by Tan Sri Lim Goh Tong since 1965 named Genting Highlands Berhad. The company approval from the government to obtained large amount of land in the rainforest. In the middle of 1971, Genting Highlands opened for their business - the first Prime Minister of Malaysia Tunku Abdul Rahman granted him the only casino license in the country. Over the next 30 years, Genting Highlands continued to grow their company structure from a simple resort with a small casino to a modern holiday destination, with theme parks, numerous hotels, large roads and a cable car system. Today, Genting Highlands is one of the most popular highland tourist destinations in Malaysia, attracting visitors from Kuala Lumpur, Singapore and all over the world. It remains still the only legal gambling den in Malaysia. Journeymart. (2014). Genting or "urban entertainment" is a perfect holiday destination for many malaysians. It is very popular with the people who want to escape the hot and humid weather in Kuala Lumpur. The temperature of Genting Highlands changes often about 16/24 degrees, the weather will be cold as people from Kuala Lumpur. Genting group has also a company which more than 26 years of development experience, operations, and marketing in casinos and integrated resorts around the world. It also includes the Americas, Australia, Philippines, Singapore and United Kingdom. Genting Highland is the only one legal casino in Malaysia. It has been voted Malaysia's...
Words: 1097 - Pages: 5
...Genting Bhd Company Profile Publication Date: 22 May 2007 www.datamonitor.com Datamonitor USA 245 5th Avenue 4th Floor New York, NY 10016 USA Datamonitor Europe Charles House 108-110 Finchley Road London NW3 5JJ United Kingdom Datamonitor Germany Kastor & Pollux Platz der Einheit 1 60327 Frankfurt Deutschland Datamonitor Hong Kong 2802-2803 Admiralty Centre Tower 1 18 Harcourt Road Hong Kong t:+1 212 686 7400 f:+1 212 686 2626 e:usinfo@datamonitor.com t:+44 20 7675 7000 f:+44 20 7675 7500 e:eurinfo@datamonitor.com t:+49 69 9754 4517 f:+49 69 9754 4900 e:deinfo@datamonitor.com t:+852 2520 1177 f:+852 2520 1165 e:hkinfo@datamonitor.com Genting Bhd ABOUT DATAMONITOR Datamonitor is a leading business information company specializing in industry analysis. Through its proprietary databases and wealth of expertise, Datamonitor provides clients with unbiased expert analysis and in depth forecasts for six industry sectors: Healthcare, Technology, Automotive, Energy, Consumer Markets, and Financial Services. The company also advises clients on the impact that new technology and eCommerce will have on their businesses. Datamonitor maintains its headquarters in London, and regional offices in New York, Frankfurt, and Hong Kong. The company serves the world's largest 5000 companies. Datamonitor's premium reports are based on primary research with industry panels and consumers. We gather information on market segmentation...
Words: 2141 - Pages: 9
...Master in Management Organizational Behavior & Leadership Case #2: The Personality of Leaders The Personality of Carlos Ghosn: The $10 Billion Man Read the following dossier of article extracts and answer the final questions. 1.- “The $10 billion man” Feb 24th 2005, The Economist Having turned round Nissan, Carlos Ghosn is about to run Renault as well It is said that he could add $10 billion to the market value of Ford or General Motors with a stroke of his pen. But Carlos Ghosn is not about to sign up as chief executive of either firm. Instead, in May, he will become the boss of Renault, France 's second-largest carmaker, while continuing to head Nissan, Japan's number two car firm. To ease the transition, this week he named Toshiyuki Shiga as Nissan's chief operating officer. Although Renault and Nissan have cross-shareholdings and a deep alliance, their relationship deliberately stops well short of outright merger. Perhaps that is why it has been so successful, avoiding the integration pain that has marred, for instance, DaimlerBenz's takeover of Chrysler. In his book, “Shift: Inside Nissan's Historic Revival”, published in English last month, Mr Ghosn says that the strength of the alliance “can be found, on the one hand, in its respect for the identities of the two companies, and on the other, in the necessity of developing synergies.” Certainly the benefit has flowed both ways since the Franco -Japanese deal was done in 1999. First, Renault rescued...
Words: 3968 - Pages: 16
...“What Happened to the Monte-Carlo?” Ruth Grey ENC 1101 – Composition 1 February 10, 2010 What Happened to the Monte-Carlo? It was a sunny; warmth summer day, the sky was baby blue with the features of creamy white soft clouds. With the cool breeze blowing softly, the day was innocently inviting, so I went out for a ride. Father and dominant brothers were in the drive-way, worked strenuously on father’s broken red truck. “Oh shoot! What am I going to do now?” I silently questioned myself with one eyebrow slightly upwards. “How am I going to get to the Monte Carlo.?” I kept talking to myself as I tried to think of some tactic, to get pass father and brothers, to get to the monte carlo, parked on the street. “Where do you think, you’re going young lady?” My father asked as I was too focused on getting into the shining brown Monte Carlo. “Ahhhh! I’m getting Mama some ice cream.” The voice belonged to me as I hopped into the interior of the Monte carol and made my way to the store. That day, I was going north on Atlantic Ave in Long Beach, through a heavy street traffic. With music blasting as I yelled sang my lungs out, it was another typical short ride to the store. To ignore the fear of my father’s voice, when I cruised off the house, I went fast, too fast passing numerous cars, despite of the busy traffic as I drove down on Atlantic Ave towards my destination. One quick second, that’s all it takes for everything to go right or wrong. My dark brown eyes opened...
Words: 926 - Pages: 4
...Fast is not free Fast speed in fashion is a defining characteristic of today’s textile and clothing industry. It’s about fast in production – tracking sales with electronic tills and just-in-time manufacturing which has now made it possible to turn a sample or design sketch into a finished product in as little as 12 days; and fast in consumption – a recent report revealed that people are buying one third more garments than four years ago fuelled by the rise and rise of ‘value’ retailers and supermarkets like Primark and Matalan. Yet super cheap, ‘value’ or fast fashion garments are no quicker to make or consume than any other garment. The fibre takes the same amount of time to grow regardless of a product’s speed to market (in the case of cotton, around a year). Likewise the fibre takes the same amount of time to be spun, knitted or woven, cleaned, bleached, dyed, printed, cut and sewn; and the activity of going shopping and laundering the garment takes the same amount of time regardless of how speedily a design makes it from catwalk to high street retailer. Fast fashion is not really about speed; it is about selling more goods and making more money. Time is just one of the factors of production along with labour, capital and natural resources that get juggled and squeezed in the pursuit of maximum profits. But fast is not free. Short lead times and cheap garments are only made possible by the exploitation of labour and natural resources. Yet it doesn’t have to be this way...
Words: 859 - Pages: 4
...I-Carlos Ghosn’s Management Style Carlos Ghosn, clearly an extraordinary man with an impressive list of accomplishments already under his belt at a relatively young age. But what is it exactly about his management style that makes him stand-out from other leaders, why is it that so much attention has been showered onto him? In the first part of this report that is exactly what we will try to uncover. Ghosn truly does have a unique management style, one that is perfectly suited to today’s global economic reality. In our view the following management practices are the ones that have been integral to the success of not only Ghosn’s turnaround of Nissan but also in his previous accomplishments at Michelin and Renault: Adaptability What really strikes you as you read and learn more and more about Ghosn is that he truly does not have any preconceptions or stereotypes. Whether he is facing a new and unknown country and culture or a situation within a company, Ghosn’s approach is what he calls “a clean sheet of paper.” What Ghosn has been able to do so well is transcend what Peter M. Senge describes as “Mental Models” in his article The Fifth Discipline: The Art & Practice of the Learning Organization. As we have seen in the Senge’s article whenever you limit yourself to your Mental Models you reduce you ability to react effectively to changes in the environment. Senge uses the example of oil companies unable to effectively deal with changes in market conditions...
Words: 2626 - Pages: 11
...1.A CARLOS BULOSAN FILM Present 2.When I was four my family live in a small town. 3. We had a rich next-door neighborhood whose son and daughters seldom came out of the house 4. When our rich neighbor cook, we hung about and look all the wonderful smell of the food into our beings. 5. We were always in the best of spirits and our laughter was contagious, laughing was only our wealth. 6. As time went on, the rich man’s children became thin and anemic while we grew even more robust and full of energy. 7. From that day on, windows of our neighbor’s were closed. 8. One morning a policeman came to our house with a sealed paper. The rich man filled a complaint against us. 9. when the day came for us to appear in court, father brushed, father brushed his old army uniform and borrowed a pair of shoes from one of my brothers. 10. The rich man opened his mouth to speak and fell to the floor without a sound. 11. the lawyer rushed to his aid. The judge pounded his gravel. 12. CASE DISSMISSED CAST OF CHARACTERS POOR MAN . . . . . . . . Rhian Joseph Polaron RICH MAN. . . . . . . . . . . Ralph Yvan Sabornizo POOR MAN’s WIFE. . . . RICH MAN’s WIFE. . . . . Ellain Grace Bellin POOR MAN’s SON. . . . Glenn Elix Bernardo POOR MAN’s Daughters. . . . . Rodesa flor Baldemor Ivy Joy Espada Kenneth Talaron Khizna Mae Castroverde Mary Lord Molina RICH MAN’s SON. . . . . . . . . . . Ivan John Pinuela RICH MAN’S DAUGHTERS. . . . . Catlene...
Words: 268 - Pages: 2
...Writing and healing Stacy Marvin My life When I think back on the life I have had, no one can take my memories away. The time I had in Florida with my soul mate, my best friend was irreplaceable to me. I cannot even explain how much I have learned from my life, the good and the bad. I want to share something with you from my past but also more recent. Here is one of my childhood memories along with one of the most heartbreaking ones that only happened on June 11, 2013. The sound of the engine revving up as I hit ninety around the twists and turns of the curvy road was the best adrenaline rush I ever had in my life. I was eleven years old and driving my dad’s brand new SS Monte Carlo. Heading to pick up my best friend Debbie. The roads were wet with the rain from earlier on that day. I turned down this dead end road and we started jamming to the music we cranked up a few minutes earlier. We did not see the curve in the road and I lost control of the car and ended up off an embankment that went down to the old railroad tracks. This cliff as I call it, used to have trains running through it, but then was just a rock quarry. Debbie and I both screamed as we skidded and lost control of the car and everything went silent. We were hanging off the edge, afraid to move. We just knew this was it for us, we told each other the final words we thought we would ever hear,( I love you my friend, you mean the world to me, I am glad you are here with me and she said the...
Words: 1216 - Pages: 5
...found in bacteria and archaebacteria. 6. During his exile, who informed Rizal about the plans of Andres Bonifacio for an armed struggle against Spain? Dr. Pio Valenzuela was Bonifacio’s emissary to Rizal in Dapitan. 7. Malignant neoplasm is another term for _________. Cancer refers to diseases involving abnormal cell growth that has become progressively worse. 8. What is the opposite of economic recession? Recession is when an economy declines. And economic boom happens when the economy is thriving. 9. A __________ is an optical device that projects an image of its surrounding on a screen. This invention came out during Aristotle’s time and lead to modern cameras. 10. Who is the world wealthiest man as of March 2013? Carlos Slim Helu and Family has an estimated net worth of $73 B as of March 2013, beating Bill Gates who has $67 B 11. This type of cyclone has wind speeds ranging from 63-118 kph. Cyclones can be categorized as: Tropical depression – wind speed < 63 kph Tropical storm...
Words: 716 - Pages: 3
...Narrative Writing Car accidents Lisa Daniels Everest University Car accidents happen every day to innocent people, yet they are the victims. I think if everyone slowed down and cut out the distractions, pay attention to the road maybe less accidents would occur. I was in a really bad car accident when I was 17. It was a late night and I was heading to pick up and friend. I was driving a 1978 Monte Carlo. I was making a left hand turn, as I was doing so the light changed to red, and the guy that was heading towards me ran that light and hit me on the passenger side door. My left side of my head hit the driver’s side window, all of the impact from him hitting me jotted me out the passenger window, my car was on one side of the road on the side walk and I lying on the opposite side of the road on the sidewalk. Angel’s must have been with me that night. I was in a coma; my forehead was stitched up with 150 stitches. The first voice I heard was my mom’s asking how I was doing, I then heard the doctor tell my mom I may not make it. I was so happy to see my mom! I didn’t know who I was, where I was, or what happened to me but I recognized my mom right away. I am blessed to be alive!! I have been in 6 car accidents, but I only caused one. Remembering to pay attention to your surroundings and cutting out distractions while driving, turning the music down to hear the ambulance and police will help you to concentrate on the road. Phone calls, texts, yelling in the car...
Words: 324 - Pages: 2
