If that is the case, eventually, they will run out of things to sell. Star Cruises In my untrained eye, this looks purely as a liquidation move by Genting Hong Kong. }) See here for a complete list of exchanges and delays. Cool Cruiser; Members; 28 posts; August 24; Lake Tahoe, NV #184 Share; Posted November 12. Star Media Group Berhad (10894D), {{item['V1 Header']}} Il est actif dans les loisirs, les jeux, l'énergie et les hydrocarbures. The company had paid bank fees that were due a fortnight ago. Genting Hong Kong gets EUR 193 million from Germany's government John Stansfield October 8, 2020 , Cruise Industry GHK-Genting Hong Kong, the biggest cruise operator in Asia, is to get EUR 193 million (USD 227 million) from the government of Germany for its German shipyards (MV Werften), in spite of reservations over state handouts to foreign investors. Quote and financial data from Refinitiv. {{item['V1 Body']}} Fund performance data provided by Lipper. Consultez le profil de l’entreprise GENTING HONG KONG DL -,10 (TJY.F), qui contient un aperçu de son activité, des informations relatives à son secteur/domaine, le nombre d’employés, son gouvernement d’entreprise, ses principaux dirigeants et leur rémunération. Genting Hong Kong Limited is Asia’s leading global cruise company, specifically targeted for high-end consumers. Genting Hong Kong was formerly known as Star Cruises, and operates the Star Cruises, Dream Cruises and Crystal Cruises lines. Executive Chairman of Board, Chief Executive Officer, Deputy Chief Executive Officer, Executive Director, Independent Non-Executive Deputy Chairman of the Board, Chief Financial Officer, Executive Vice President - Financial Services, Executive Vice President - Sales, Marketing & Hotels, Country Head of China, Taiwan, Singapore, Malaysia, Indonesia & Indo China, * FY LOSS ATTRIBUTABLE US$151.5 MILLION VERSUS LOSS OF US$210.9 MILLION, * OPERATIONS IN SHIPYARDS OF MV WERFTEN IN WISMAR, ROSTOCK AND STRALSUND, GERMANY WILL TEMPORARILY SUSPEND FOR ABOUT 4 WEEKS. , HONG KONG -- Investors dumped shares of Genting's Hong Kong-listed cruise business on Thursday after the unit froze payments to creditors and said it was seeking a debt restructuring. H2O Polo Willie. Check out our Christmas issue for ideas on gifting and ways to enjoy the festivities to the fullest. Genting bought MV Werften in 2016 at the height of a cruiseship building, but the sector has been among those worst hit by the coronavirus pandemic, darkening the prospects for MV Werften's 3,100 workers. $('#spanCopyright').text(theDate.getFullYear()) Cruise operator Genting Hong Kong aims to resume China services with ‘cruises to nowhere’ from Sanya by year-end Company resumed service in … Genting Hong Kong Ltd Annual Shareholders Meeting, BRIEF-Genting Hong Kong Expects Operating Loss In 2020, BRIEF-Genting Hong Kong Says Ops In Some Shipyards Suspended For About 4 Weeks, BRIEF-Genting Hong Kong Says Co's Shares To Be Delisted From Official List Of Main Board Of SGX-St, BRIEF-Genting Hong Kong Announces Suspension Of Trading In Shares On SGX-ST From April 11, BRIEF-Genting Hong Kong Says Star NCLC Entered Underwriting Agreement With Norwegian Cruise Line, BRIEF-Genting Hong Kong Expects FY Consolidated Net Loss In Range Of $240 Mln To $270 Mln. KUALA LUMPUR: Genting Hong Kong is set to get 193 million euros (US$227 mil) from the German government for its struggling shipyards in the country, Nikkei Asia reported on Wednesday. Genting Hong Kong Ltd – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Genting Hong Kong held its first creditors’ meeting last week as part of its pursuit of a restructuring. Link to post Share on other sites. * CO'S SHARES TO BE DELISTED FROM OFFICIAL LIST OF MAIN BOARD OF SGX-ST FROM 9:00 A.M. (SINGAPORE TIME) ON APRIL 17 Source text for Eikon: Further company coverage: * LAST DAY OF TRADING OF CO'S SHARES ON SGX-ST IS TUESDAY, 10 APRIL 2018 Source text for Eikon: Further company coverage: * STAR NCLC ENTERED INTO UNDERWRITING AGREEMENT WITH NORWEGIAN CRUISE LINE HOLDINGS, * REQUESTS TRADING HALT PENDING ANNOUNCEMENT REGARDING MAJOR TRANSACTION, * EXPECTED TO RECORD A CONSOLIDATED NET LOSS IN RANGE OF US$240 MILLION TO US$270 MILLION FOR FY. , Non-cruise Activities segment is engaged in onshore hotel businesses, travel agency, aviation businesses, entertainment businesses and shipyard businesses, among others. As a pioneer in the Asian cruise industry, Genting Hong Kong took on the bold initiative to grow the Asia-Pacific as an international cruise destination with the founding of Star Cruises in 1993. Key Highlights . Back in February, passengers on … Some Genting Hong Kong (HKG:678) Shareholders Have Taken A Painful 74% Share Price Drop Generally speaking long term investing is the way to go. The federal government is bailing out MV Werften," said Harry Glawe, economic minister of Mecklenburg-West Pomerania, the state where MV Werften is located. Cruise operator Genting Hong Kong said it plans to resume service in mainland China by the end of the year with “cruises to nowhere” from Sanya city. KUALA LUMPUR: Genting Hong Kong is set to get 193 million euros (US$227 mil) from the German government for its struggling shipyards in the country, Nikkei Asia reported on Wednesday. var theDate = new Date(); Genting Hong Kong Limited, an investment holding company, engages in the operation of passenger cruise ships in the Asia Pacific, the United States, Europe, and internationally. 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It reported the payment to the operator of the Star Cruises, Dream Cruises and Crystal Cruises lines will allow work at its shipyards in northeastern Germany, grouped under MV Werften, to carry on at least until March. "We have clearly made headway. Genting Hong Kong The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Choisissez parmi des contenus premium Genting Hong Kong de la plus haute qualité. Malaysian markets were shut for a holiday on Thursday, when shares of … Posted November 12. Genting Cruise Lines is a division of Genting Hong Kong comprising of three distinct cruise brands – Star Cruises, Dream Cruises and Crystal Cruises – providing a range of products from contemporary cruises to ultra-luxurious vacation experiences spanning the sea … A decision on whether to grant Genting the full amount requested now depends on an assessment of the company's overall prospects. Genting HK had previously reported missing the payment of €3.7m in bank fees relating to its newbuilds Global Dream and a sister vessel. Genting Hong Kong Limited is a Hong Kong-based investment holding company principally engaged in cruise businesses. Nikkei Asia reported Genting had applied for 570mil euros from Germany's coronavirus stabilisation fund. , The Company operates through two segments. Genting Hong Kong Ltd. operates as an investment holding company, which engages in the business of cruise and cruise related operations and leisure, entertainment and hospitality services. The Company operates through two segments. Tags / Keywords: Genting Hong Kong Limited is a Hong Kong-based investment holding company principally engaged in cruise businesses. Genting Hongkong (GENHK)’s abrupt temporary payment suspension to all its financial creditors has stoked up fears that its sister companies would be forced to bail out GENHK. Comes amid restructuring Genting HK is in the midst of a restructuring due to the impact of the coronavirus pandemic and recently signaled it expects a first half $300m operating loss and a $600m net loss. Executives from Genting Hong Kong and Meyer Werft shipyard celebrated the keel laying of World Dream, the second new ship for Asian luxury cruise line, Dream Cruises, during a special event held in Pa | eTurboNews | Tendances | Nouvelles de voyage en ligne | Genting Hong Kong Ltd. operates as an investment holding company, which engages in the business of cruise and cruise related operations and leisure, entertainment and hospitality services. In August, Genting Hong Kong froze payments to creditors and said it was seeking a debt restructuring. As of on the Hong Kong Stock Exchange ∙ Minimum 15 minute delay, Genting Hong Kong Announces Termination Of Deal For Sale & Leaseback Of Crystal Endeavor, Genting Hong Kong Says Unit To Sell 50% Stake In Genting Macau And Loan Owed By It To Unit, Genting Hong Kong Announces Disposal Of 36 Mln Shares In Zouk Holdco For S$14 Mln. All quotes delayed a minimum of 15 minutes. All quotes delayed a minimum of 15 minutes. Genting Hong Kong is a leading corporation principally engaged in the business of cruise and cruise related operations along with leisure, entertainment and hospitality activities. shipyards, 94% Trouvez les Genting Hong Kong images et les photos d’actualités parfaites sur Getty Images. When Genting Hong Kong acquired Crystal in 2015, it operated two ocean ships; today, Crystal is a multi-brand company with a river line, a yacht, and an expedition ship under construction. {{item['V2 Header']}}. It reported the payment to Genting Hong Kong, the operator of the Star Cruises, Dream Cruises and Crystal Cruises lines, will allow work at its shipyards in northeastern Germany, grouped under MV Werften, to carry on at least until March. Genting Hong Kong Ltd. operates cruise ships and cruise related activities under the companies' brands. $(document).ready(function () { Cruise and Cruise-related Activities segment is engaged in the sales of passenger tickets, the sales of foods and beverages onboard, shore excursion, as well as the provision of onboard entertainment and other onboard services. It operates through three segments: Cruise and Cruise-Related Activities, Shipyard, and Non-Cruise Activities. readers found this article insightful, Copyright © 1995- The Pioneer ofModern Cruising. The board of directors (the "Board") of Genting Hong Kong Limited (the "Company") announces the following changes in the composition of the Board of Directors of the Company, all with effect from 28 August 2020: resignation of Mr. Lim Keong Hui ("Mr. Lim") as an Executive Director and the Deputy Chief Executive Officer of the Company; Genting Hong Kong (GENHK)’s subsidiary Dream Global Limited defaulted on a EUR3.7m ship construction fees due on 17 August and triggered a temporary suspension of payment to all creditors. The Company operates businesses in Asia Pacific, North America and Europe, among others. The company has been in discussions with the government of China’s southern Hainan province about the cruises, said Kent Zhu, the president of Genting Cruise Lines, which is a part of Genting Hong Kong. Genting Hong Kong, which is listed on the territory’s stock exchange, was formerly known as Star Cruises. 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