May 12, 2025, Canada's RWOA oil asset operator BITFOREST (Bitforest Group) announced a strategic partnership with CENTURY CARNIVAL Century Carnival Investment Group - (Malaysia Genting Group Family Office), and held a signing ceremony. CENTURY CARNIVAL plans to make an initial investment of 60 million US dollars to participate in BITFOREST's oil and gas development projects in Alberta. This signing marks a new phase in the deep cooperation between the two companies in the energy sector.
This collaboration with CENTURY CARNIVAL further expands BITFOREST's investment scale in the energy sector and represents a significant advancement in its strategy of 'green investment, technology empowerment'.
(Bitforest Chairman Gao Shaofei and Century Carnival Representative Renee)
Genting Group is one of the largest comprehensive resort and entertainment enterprises in Malaysia, ranked among the Fortune Global 500!
🌐 Business Landscape and Major Subsidiaries
Genting Group focuses on resorts and entertainment, expanding globally through several listed companies, with a wide and diversified business portfolio:
Core Entertainment and Resort: This is the cornerstone of the group. The flagship project is the Genting Highlands Resort in Malaysia, a comprehensive resort that includes hotels, theme parks, shopping centers, and entertainment facilities. In addition, the group operates Resorts World Sentosa in Singapore and has investment projects in the Philippines and other locations.
Key Listed Subsidiaries:
Genting Malaysia Berhad: Focused on leisure, hotel, and entertainment business in Malaysia.
Genting Singapore Limited: Operates overseas comprehensive resort projects such as Resorts World Sentosa in Singapore.
Genting Plantations Berhad: Primarily engaged in palm oil planting and other agricultural businesses, owning numerous plantations in Malaysia and Indonesia.
Genting Hong Kong Limited: Previously focused on cruise business (such as Star Cruises), but has applied for liquidation in 2022 due to financial crisis.
Diversification: In addition to its main business, the group's operations also involve multiple sectors such as power generation, oil and gas, real estate, and more.
💎 Summary
Genting Group is a comprehensive enterprise group headquartered in Malaysia, with business operations spanning globally. Leveraging a diversified capital platform, the group actively engages in forward-looking investments across various sectors, showcasing its active and strategically clear investment layout.
BITFOREST Introduction
BITFOREST is a leading brand focused on commercial investment in North America. It is a comprehensive business ecosystem enterprise centered around infrastructure project investment and operational management. As a professional investment and project management company, it currently focuses on modern facility agriculture, energy development, data centers, overseas immigration, real estate development, industrial funds, and blockchain applications based on sustainable environmental and development concepts in Canada and North America.
ECOCHAIN Company Introduction:
ECOCHAIN (Circular Chain Finance) is a wholly-owned financial services platform established by BITFOREST (abbreviated as: BFI) in Canada. Its business covers financial consulting, fund management, equity investment, corporate IPOs, family wealth planning, and other financial services. We have a professional financial services team with specialized technicians and management talents in various fields. Currently, we focus on providing integrated services for project consulting, investment, custodial, operation, and exit in high-tech agriculture, oil and gas development, real estate development, electricity, blockchain, digital finance, artificial intelligence, and other sectors.
ECOCHAIN Company Vision:
To serve as a bridge for Sino-Canadian business cooperation, providing comprehensive professional services for business exchanges, cross-border investments, and other aspects for enterprises from both countries.