News for Genting Hong Kong Limited (0678.HK)

KUALA LUMPUR (May 15):  The shares in collapsed cruise ship giant Genting Hong Kong will be cancelled by the Stock Exchange of Hong Kong (HKEX) as of 9am on  Tuesday, May 16, 2023.

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Genting Hong Kong Ltd (Genting HK) said it will seek to raise at least US$154 million (about RM633.37 million) of additional liquidity by Dec 31, 2021 pursuant to the terms of the group’s proposed recapitalisation and planned restatement of its financial indebtedness of about US$2.6 billion as the company contends with the impact of the Covid-19 pandemic.