Genting Hong Kong chairman and chief executive officer CEO Tan Sri Lim Kok Thay resigned days after the company filed to wind up its business in one of the biggest stumbles by a cruise operator since the Covid-19 pandemic beganLim who owns 76 of Genting Hong Kong stepped down with effect from last Friday Jan 21 the company said in a stock. The cruise line is part of the gambling empire of Malaysian billionaire Lim Kok Thay.
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Losses amounted to 743 million in the first half of 2021 from 238 million the previous year.
. The petition was filed and signed by Thay with the Hong Kong exchange after a. Malaysian-listed Genting partially owned by Malaysian tycoon Lim Kok Thay who holds 755 per cent of Genting Hong Kong has stated that Genting Hong Kongs borrowings have no cross-default provisions guarantees or structures that may affect the group. The impact of the pandemic is hitting hard for Hong Kong-based Genting.
Reuters Genting Hong Kong is a stark example of how the virus has brought once. Genting Hong Kong. Previous article UN report underscores tourisms key.
Lim Kok Thay has stepped down as chairman CEO and executive director of Genting Hong Kong. Part of Malaysian tycoon Lim Kok Thays sprawling casino-to-hospitality Genting empire the Hong Kong cruise firms shares slid 56 in the city. They had been suspended since last week.
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