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In conjunction with the upcoming Chinese New Year, MSWG would like to wish all subscribers’ and readers another year of joy, prosperity, and abundance return.

Concerns abound over Genting HK spill-over effect on Genting Bhd and Genting Malaysia

News flow gained momentum that billionaire Tan Sri Lim Kok Thay had stepped down as Genting Hong Kong Limited (Genting HK) chairman and chief executive officer on 24 January – just days after the cruise operator filed to wind up its business as it failed to secure funding to pay off its debts.  Both the stocks of Genting Bhd and Genting Malaysia Berhad were subject to knee-jerk reaction from investors (from foreign funds to local institutions to retailers).