Sunday, September 17, 2006

Genting International Cash Offer to British Casino

Answer to offer?

Stanley Leisure of Britain said it had agreed to a cash offer from Genting International to buy further 5.3% stake in the casino firm.


Genting International shares in Stanley Leisure

Subsidiary of Genting Bhd, Genting International now owned 30.5% of the shares in Stanley.


Stanley Leisure?

Stanley Leisure founder and chairman Leonard Steinberg built the group from a single betting shop in Belfast, Northern Ireland. He is the owner of the high end Crockfords casino in London's Mayfair district.


Other Genting International partner in Britian

London Clubs, nearly 30%-owned by Genting International. The casino firm now taken over by Las Vegas-based, Harrah's Entertainment.


That's all for now. Stay tune
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