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Top Malaysian Lenders Brace For Genting HK Impact – Straits Times


Genting Hong Kong
The cruise ship Genting Dream is seen in waters off Hong Kong. Photo: Genting Cruises.

 

The myriad problems at embattled cruise operator Genting Hong Kong are likely to hit profits at three key financial institutions in Malaysia, the Straits Times reported.

Officials involved in the revamp of finances at the Malaysia gaming tycoon Lim Kok Thay-owned cruise operator said Malayan Banking, RHB, and CIMB have an exposure of $600 million.

 

Read the full report: Straits Times.

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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