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Travel & Leisure

Genting cruise unit on brink of liquidation after court defeat

Malaysian gambling tycoon's Hong Kong business to seek restructuring

In 2020, Singapore used Genting Hong Kong's idled Superstar Gemini cruise ship to temporarily house migrant workers amid a COVID outbreak in their dormitories.    © Reuters

HONG KONG -- Genting Hong Kong, the cruise line arm of Malaysian tycoon Lim Kok Thay's global gambling empire, plans to file for liquidation on Tuesday in Bermuda.

In a filing with the Stock Exchange of Hong Kong signed by Lim, Genting HK said that it would proceed with the filing, barring the emergence of last-minute funding relief.

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