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Genting HK to invest 100m euros in German group of shipyards

Genting Group chairman KT Lim also named industry veteran Jarmo Laakso as managing director of the German venture


GENTING Hong Kong will invest 100 million euros (S$149 million) in a group of three shipyards that it acquired in Germany in April.

Genting Group chairman and chief executive KT Lim said the 100 million euros will go towards a thin plate laser welding line, a cabin module