Genting Hong Kong (GENHK)

Company in the news

Malaysian tycoon behind Genting Hong Kong puts fortune on the line, raising risk of a margin call

Pledging shares is not unusual, especially in Asia, where high-growth companies are more common and tycoons often turn to lenders and other financial-services firms that offer cash in exchange for committed stock.

Genting Hong Kong, Apollo, TPG to sell 6.58% of Norwegian Cruise Line

HONG KONG (Aug 14): Cruise operator Genting Hong Kong Ltd said it, Apollo Funds and TPG Fund have agreed to sell an aggregate 6.58% of shares in Norwegian Cruise Line Holdings Ltd with market value of US$428 million ($581.8 million) to third party investo

Broker's Calls

Genting Hong Kong’s cruise segment unlikely to turnaround in 2018

SINGAPORE (Aug 2): UOB KayHian is maintaining its “sell” rating on Genting Hong Kong (GENHK) with a target price of 26 cents given its cruise segment is unlikely to turn losses around in 2018.