The timing of the theme park plan is still unclear
Casino operator Genting Malaysia Bhd said it plans to open a new theme park at the resort's World Genting casino resort. However, the opening date of the non-gaming facility has not yet been confirmed, the company said.
The clarification comes after Chairman and CEO Lim Kocktay indirectly cited it as "ready early next year" in an interview with Singapore-based newspaper Business Times over the weekend, saying it would be a theme park.
Genting Malaysia is currently suing Fox Entertainment Group LLC and some of its affiliates for more than $1 billion, as well as Walt Disney, the suitor of many of the Fox brand's entertainment assets. Genting Malaysia has accused the country of planning to build a theme park that includes the 21st Century Fox brand for Resort World Genting, a casino resort (pictured in file photo) near Kuala Lumpur, Malaysia's capital.
"We have noted various media reports regarding the opening of the proposed outdoor theme park, which is the subject of ongoing legal proceedings," Genting Malaysia said in a clarification filing to Bursa Malaysia on Thursday.
The company added that it wanted to clarify that outdoor theme parks remain part of Genting Malaysia's growth plan for Resort World Genting.
"Genting Malaysia management is considering a range of options for outdoor theme parks," the filing added. "Opening dates for outdoor theme parks depend on the options Genting Malaysia should pursue."
Resort World Genting is the only legitimate casino resort in Malaysia, also known as the Genting Highlands. The property is currently undergoing extensive renovations. Called the Genting Integrated Tourism Plan (GITP), the project began in December 2013. It is a multi-level plan that is described by a 10-year, 10 billion yuan ($2.39 billion) master plan. The Malaysian property has already opened several new facilities and attractions. One of the GITP's new main attractions will be the 20th Century Fox World Theme Park, which is currently involved in legal disputes.
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