Billionaire at the helm of Genting Hong Kong steps down

Published by
DPA

Malaysian casino magnate and billionaire Lim Kok Thay, head of the insolvent ocean cruise and shipbuilding concern Genting Hong Kong, has stepped down, the company said in a statement on Monday. Lim resigned as chairman, chief executive officer and executive director of the company. Au Fook Yew, also known as Colin Au, resigned as deputy chief executive officer, group president and executive director, according to the statement. Genting would use “its best endeavours to identify suitable candidates to fill the casual vacancies” on the company’s board, the statement read further. Genting Hong K…

Read More

  • Related Posts

    IOI Prop To Launch RM1.5 Bln GDV Industrial Park@Banting In 2Q 2025

    PUTRAJAYA, IOI Properties Group Bhd is expected to launch the IOI Industrial Park @ Banting with a gross development value of more than RM1.5 billion in the second quarter of next year (2Q 2025), said group chief operating officer Teh Chin Guan.

    He …

    Property Developers More Optimistic In 1H 2025 – Rehda

    PETALING JAYA, Property developers are more optimistic about the sector’s outlook for the first half (1H) of 2025 compared with 2H2024, driven by carry-forward transactions from the previous year and rising building material costs.

    Real Estate and H…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.