Genting Berhad was established in 1965 by Malaysian entrepreneur Tan Sri Lim Goh Tong. Genting Berhad is an investment holding and management company. The principal activities of the subsidiaries include leisure and hospitality, gaming and entertainment businesses, plantation, the generation and supply of electric power, property development and management, tours and travel related services, genomics research and development, investments and oil and gas exploration, development and production activities. The principal activities of its associates include the generation and supply of electric power, resort, property investment and property development. The Company has over 4,500 hectares of prime resort land and about 134,000 hectares of plantation land. In December 2009, it completed the disposal of its subsidiaries, Oakwood Sdn. Bhd. and Genting Highlands Tours and Promotion Sdn. Bhd., to Genting Malaysia Berhad. In April 2010, it acquired Peak Avenue Limited and Newquest Ltd. In June 2010, the Company acquired Aurasun Resources Sdn Bhd.