Lim Kok Thay confident of Genting being picked for Japan casino

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SINGAPORE (April 18): Genting will bid for all three casino licenses allowed by Japan and hopes to win one, the Business Times reported Thursday, citing Chairman Lim Kok Thay at the firm’s annual general meeting.

* Genting is confident of being chosen by Japan because the government said it will use a Singapore-style integrated resort, Lim was cited as saying

* Co. expects to borrow in yen for funding if chosen given low interest rates, Chief Operating Officer Tan Hee Teck told shareholders

* Co. doesn’t plan to call upon shareholders for Japan’s plans: Tan

* Genting plans to grow its attractions and add up to 1,100 more rooms at Resort World Sentosa in Singapore and counts on international visitors to the casino