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2022-01-24 10:50
09:45 PM EST, 01/23/2022 (MT Newswires) -- Genting Hong Kong (HKG:0678) Chairman and Chief Executive Officer Lim Kok Thay resigned, just days after the company filed to wind up its business as its cash is set to run out by end of January.
Lim stepped down from the roles effective Jan. 21.
Colin Au also resigned as deputy chief executive and president, according to a Monday disclosure.
The exit of Lim and Au came shortly after Genting filed a voluntary winding-up petition with the Supreme Court of Bermuda and appointed joint provisional liquidators to assist the group with its debt restructuring.
Trading in the shares of the cruise operator has been suspended since Jan. 18 and remains so.
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