Malaysian billionaire Lim Kok Thay has stepped down as chairman and CEO of Genting Hong Kong just days after the cash-strapped operator Star Cruises filed to wind up the company as the Covid-19 pandemic continues to hit the tourism industry.
Thay along with Genting Hong Kong deputy CEO Colin Au resigned on Friday, three days after the company filed a winding up petition in Bermuda. Both confirmed that they have no disagreement with the company’s board, the Hong Kong-listed cruise ship operator said in a regulatory filing on Monday.
The resignations come two weeks after Genting Hong Kong’s German shipyard unit MV Werften went into insolvency after failing to
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