Chairman Lim Kok Thay pledges entire stake in troubled Genting Hong Kong as collateral for loans

The Chairman and CEO of Malaysian gaming giant Genting Berhad, Lim Kok Thay, has pledged almost his entire stake in ...

Genting Hong Kong reports narrowed loss in 2019 but short-term outlook bleak on COVID-19 cruise ship impact

Genting Hong Kong to suspend all payments to creditors as subsidiaries default on obligations

20/08/2020

Genting Hong Kong has revealed it will temporarily suspend all payments to the group’s financial creditors, including interest and charter ...

Alvin Chau transfers US$500 million in Suncity Group loans to perpetual securities, commits another US$775 million

by Ben Blaschke

19/08/2020

The Chairman of Hong Kong-listed Suncity Group Holdings, Alvin Chau, has exchanged existing shareholder loans worth HK$3.88 billion (US$500 million) ...

Macau visitor arrivals surge through May but length of stay on the decline

Macau more appealing to Chinese travelers than Hong Kong: Morgan Stanley

by Ben Blaschke

13/08/2020

Concerns over the potential to catch COVID-19, combined with a willingness to travel domestically and low penetration, have Macau better ...

Governor Nakamura full-steam ahead for Nagasaki IR

Japan IR bid among beneficiaries as Oshidori offloads subsidiary stake for HK$650 million

by Ben Blaschke

13/08/2020

Oshidori International Holdings Ltd, one of three companies currently pursuing development of an integrated resort in Nagasaki, Japan, says it ...

Tag: Hong Kong