Tag Archives: genting hong kong
- Genting Hong Kong exits Singapore bourse
October 4, 2017
Casino operator Genting Hong Kong is exiting the Singapore Stock Exchange as the holding company consolidates trading in order to tap potential Chinese investors. In a regulatory filing, Genting announced that it received the blessing of the Singapore bourse for the voluntary delisting of the shares of the company from...
- Genting Hong Kong trims down stake in Norwegian Cruise Line
August 14, 2017
Casino cruise ship operator Genting Hong Kong has agreed to sell 3.29 percent of its stake in Norwegian Cruise Line Holdings (NCLH) to third party investors. The Hong Kong Stock Exchange-listed company announced last week that it has entered an agreement with shareholders Apollo Funds and TPG Fund to sell...
- A tale of two Gentings: Singapore soars, Hong Kong sinks
August 3, 2017
Two different gaming divisions of Malaysian conglomerate Genting have reported sharply different fortunes so far in 2017. On Monday, Genting Hong Kong issued a profit warning, alerting shareholders that it expects to post a net loss of between $200m and $220m in the six months ending June 30. The forecast...
- Genting Dream cruise makes maiden voyage to Japan’s Okinawa
April 10, 2017
Genting’s cruise line has finally made its way to Japan. Genting Dream is the first ship of Genting Hong Kong Ltd’s Dream Cruises brand. Last week, the cruise ship made its maiden voyage to the island of Okinawa in the Asian country, carrying a total of 4,000 passengers and crew....
- Genting HK closer to increasing stake in Echo Entertainment
September 4, 2015
After more than three years of waiting, Genting Hong Kong has finally received regulatory approval to increase its stake in Australian casino operator Echo Entertainment. The New South Wales Independent Liquor and Gaming Authority (ILGA) announced on Friday that it has given Genting Hong Kong permission to increase its shareholding...
- Norwegian cruise line stake sale boosts Genting Hong Kong H1 profit
August 21, 2015
Casino cruise ships operator Genting Hong Kong Ltd. posted a profit for the six months to June 30, mainly attributable to asset sales and one-off accounting gains. Genting HK profit jumped 898% to $2.16b in H1 2015, compared to $216.7m over the same period a year ago while EBITDA increased...