Resorts World Manila

SINGAPORE (July 3): To say that Genting Hong Kong (Genting HK), in which the Lim family has a controlling 68.87% stake, has seen better days would not be an exaggeration, at least at the moment. Indeed, the company seems to have been dealt a bad hand.

SINGAPORE (June 20): UOB Kay Hian is downgrading Genting Hong Kong to “sell” with lower target price of 26 cents amid tough competition in its cruise segment, the shipyard’s continuing losses and indefinite suspension of Resorts World Manila.