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Cruise operator Genting Hong Kong files to wind up company
"The company considers that it has exhausted all reasonable efforts to negotiate with the relevant counterparties under its financing arrangements," it said in an exchange filing on Tuesday.
Genting HK has faced cashflow difficulty for sometime now. Read more from our coverage previously:
- Lim's Genting empire pressured by cruise unit's debt woes — https://bt.sg/JdN8
- Genting Singapore in stronger position than Genting HK: analysts — https://bt.sg/4Xpo