Macao
Malaysian gambling king Lin Guotai
However, things are probably not that simple.
According to the " Macau Daily ", this only new competitor, GMM Co., Ltd. , is not only related to Malaysian Genting Group, but its background is still relatively "mysterious". The reporter found that in addition to Malaysian Genting Group, there may be connections with a businessman named Guan in Macau.
On the commercial registration information platform in Macau, the administrative management agencies of GMM Co., Ltd. include LIM KOK THAY, LEE CHOONG YAN, and KOH POY YONG. Among them, "LIM KOK THAY" is the same as the English translation of Lin Guotai, the helm of Genting, Malaysia.
On the clear side, all of GMM’s three administrative members are from Malaysia , and there are no local residents of Macau as shareholders. Representatives of
GMM shares attended the bid
However, a reporter went to the address on the commercial registration of GMM Co., Ltd. and found that the office was a service-oriented office called Huizhanlang Business Center Co., Ltd. . Six of them were settled in, one of which was GMM, and the other five companies were Huaguo Asia Service Co., Ltd., Shenzhen Ao Creative Week, China Greater Bay Area Cultural Tourism Technology Development Promotion Center, Zhuojie Information Technology Co., Ltd. and Fengzhi Consulting.
checked the business registration information and found that the heads of Huizhanlang Business Center, Huaguo Asia Service Co., Ltd., Shenzhen-Australia Creative Week, and China Greater Bay Area Cultural Tourism Technology Development Promotion Center are all local businessman named Guan in Macau.
It seems that the Malaysian gambling king who comes to win the Macau gambling license may not be "single-handed".
The background of the new bidder is mysterious
Looking through past public information shows that Malaysian gambling king Lin Guotai has a lot of interactions with this mysterious businessman named Guan from Macau.
In 2007, Genting Hong Kong, a subsidiary of Lin Guotai, purchased 75% of Treasure Island Entertainment's rights from people including the businessman surnamed Guan for HK$1.466 billion. originally planned to develop a piece of reclamation land in front of Yamala, Macau into a casino hotel project.
It is reported that the Lin Guotai family sold 50% of the equity of the wholly-owned subsidiary "Genting Macau", which indirectly holds 75% of the equity interest in the land for HK$750 million in November 2020.
Macau Treasure Island Resorts World signing site
At present, the "Macau Treasure Island Resorts World" project is being built in this area. The hotel building is 70 meters high and has 600 hotel rooms. The shopping center building is five floors high, covering shopping malls, Chinese and Western restaurants, bars, theaters, supermarkets, children's playgrounds and other diverse facilities, including the top French department store "Galleries Lafayette Paris" that has entered Macau for the first time.
Macau Treasure Island Resort World renderings
I have to say that this information is a bit large. Because there are two points that can be seen from here:
first, this businessman named Guan from Macau has close ties with Genting, Malaysia in the past, and some industry insiders boldly speculated that this businessman named Guan may be the local partner of Malaysian gambling king Lin Cathay to bid for Macau gambling license;
second, Genting Group can be said to be "long-term planning" in Macau. Earlier, foreign media were worried that "the original 6 major brand owners already have large resort hotels in Macau, and Genting needs to start from scratch." At present, this concern no longer exists, because Genting and the local Guan from the Treasure Island Resorts World will be opened in December this year.
In this way, the possibility of Genting Group winning the cards has increased significantly, and more and more analyses in the Macau industry are inclined to replace one of the six major players in .
