Strong market position in its main resort and gaming business. Low leverage and strong cash flow measures. Modest degree of revenue and earnings diversity. Single-site risk. Operating and financial challenges associated with its cruise business. Some counterparty and expansion risks associated with its power business. On Dec. 15, 2003, Standard&Poor's Ratings Services assigned its 'BBB-' corporate credit rating to Malaysian-based resort and gaming company, Genting Bhd. The outlook on the rating is stable. At the same time, Standard&Poor's assigned its 'BBB-' rating to the senior unsecured US$300 million notes, issued by 100%-owned Prime Venture (Labuan) Ltd. and guaranteed by Genting. The notes mature in 2008 and are exchangeable into ordinary shares of Genting's 57% subsidiary, Resorts
