Genting hong kong lim kok thay - Lim Kok Thay resigns as Genting HK CEO following winding

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How a billionaire’s global cruise empire imploded in Hong Kong

How a billionaire’s global cruise empire imploded in Hong Kong

On 3 December 2018, Star and Apollo sold off their remaining stakes in Norwegian Cruise Line Holdings, marking the end of a relationship that lasted more than a decade.

  • When plans for the destination gaming resort didn't come to fruition owing to Florida's strict gambling laws, Genting proposed renovating the , a.

  • But for cruise businesses like Genting Hong Kong, the short-term goal at this point is undoubtedly about survival.

Lim Kok Thay resigns as Genting HK CEO following winding

The resignation the cruise and resorts company filed to wind up its business earlier this month.

  • Mr Lim still holds about 75 per cent of shares in Genting Hong Kong and heads other Genting businesses, although there are no cross shareholdings.

  • The Genting group of companies in Singapore, Hong Kong, and Malaysia all operate separately, so the problems in Hong Kong will likely not affect the other businesses, despite that Lim has a majority stake in all.




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