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Genting Hong Kong
Covid-19
How a billionaire's cruise empire imploded in Hong Kong
The expansion plans of the other Genting companies should not be negatively impacted, says Maybank's Yin Shao Yang
January 23, 2022
Local icon goes global
SINGAPORE (Aug 6): To the rest of the world, the word “zouk” is Antillean Creole for “party” or “dance”, a term that evolved from the Afro-Caribbean style of dance music of the same name. But mention the word to Singaporeans and they are likel
August 13, 2018
Genting Hong Kong anticipates full-year net loss of US$240-270 mil
SINGAPORE (Feb 1): Genting Hong Kong expects to report a consolidated net loss of US$240-270 million ($315-354 million) for the full year ending Dec 2017, narrowing from its net loss of US$537 million in FY16.
February 01, 2018
Genting Hong Kong sells a further 2.19% stake in Norwegian Cruise Line
SINGAPORE (Nov 17): Genting Hong Kong will further dispose of 5 million shares in Norwegian Cruise Lines Holdings (NCLH) after having already sold 7.5 million shares or a 3.29% stake in the cruise line, to third party investors in August.
November 17, 2017
Broker's Calls
UOB Kay Hian not betting on exciting growth for gaming industry
SINGAPORE (Oct 27): UOB Kay Hian is keeping its “hold” recommendation on Genting Singapore (GENS) with an unchanged target price of $1.15 despite strong growth reported by Las Vegas Sands Corp (LVS), the operator of Marina Bay Sands (MBS).
October 27, 2017
Genting Hong Kong gets the nod to delist from SGX Mainboard
SINGAPORE (Oct 3): Genting Hong Kong says it has received approval from the Singapore Exchange to delist its shares from the Mainboard.
October 03, 2017
Results
Genting HK sinks deeper into the red in 1H
SINGAPORE (Aug 18): Genting Hong Kong sank deeper into the red with a net loss of US$203.2 million ($277 million) for the 1H17 ended June, compared to a loss of US$54.6 million in the same period a year ago.
August 18, 2017
Results
Genting Hong Kong sounds 1H consolidated net loss warning
SINGAPORE (July 31): Genting Hong Kong is expected to record a consolidated net loss in the range of US$200-US$220 million ($271-$299 million) for the six months ended June.
July 31, 2017
There's a new reason Indian tourists are flocking to Singapore
(July 28): When Indian architect Rahul Maini and his parents embarked on their first trip abroad in May, Singapore was their destination of choice. But the trio wasn’t going for the hawker food or even the city-state’s casinos -- they were there to ge
July 28, 2017
In print this week
Genting Hong Kong dealt a bad hand
SINGAPORE (July 3): To say that Genting Hong Kong (Genting HK), in which the Lim family has a controlling 68.87% stake, has seen better days would not be an exaggeration, at least at the moment. Indeed, the company seems to have been dealt a bad hand.
July 03, 2017