Aerial view of the World Dream cruise ship at the Kai Tak Cruise Terminalin Hong Kong on 5 February 2020. Photo: Martin ChanAerial view of the World Dream cruise ship at the Kai Tak Cruise Terminalin Hong Kong on 5 February 2020. Photo: Martin Chan
Aerial view of the World Dream cruise ship at the Kai Tak Cruise Terminalin Hong Kong on 5 February 2020. Photo: Martin Chan

Malaysian tycoon’s Genting Hong Kong halts paying creditors as global coronavirus pandemic stalls cruise business

  • Genting Hong Kong said it will use its available funds to maintain critical services for the company’s operations and asked creditors to form a steering committee to evaluate a planned restructuring proposal
  • The company owed a total of US$3.4 billion as of July 31, according to a statement to the stock exchange

Topic |   Luxury cruises
Aerial view of the World Dream cruise ship at the Kai Tak Cruise Terminalin Hong Kong on 5 February 2020. Photo: Martin ChanAerial view of the World Dream cruise ship at the Kai Tak Cruise Terminalin Hong Kong on 5 February 2020. Photo: Martin Chan
Aerial view of the World Dream cruise ship at the Kai Tak Cruise Terminalin Hong Kong on 5 February 2020. Photo: Martin Chan
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