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Genting gets Singapore approval

16 April 2007

SINGAPORE – As reported by Reuters: "The Singapore government on April 16 gave gambling firm Genting International Plc the go-ahead to build a casino, following extended probity checks after the group announced links with Macau tycoon Stanley Ho.

"'There is no issue now. We are only looking at our jurisdiction - who the partners and shareholders participating in Resorts World Sentosa are.' said Minister for Trade and Industry Lim Hng Kiang.

"Lim was speaking at the ground-breaking ceremony for the US$3.4 billion (RM11.7 billion) casino project, called Resorts World Sentosa, which Genting International plans to build on Singapore's Sentosa island…"

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