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Genting Singapore still a cash cow, says chairman Lim Kok Thay

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Published Fri, May 20, 2016 · 09:50 PM

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    Kuala Lumpur

    EVEN though Genting Singapore's earnings are slipping amid increasing competition, the casino operator remains highly profitable and a cash cow, its executive chairman, Lim Kok Thay, has asserted.

    He said that bad debts, while on the uptrend, were under control, and indicated that the opening of a US$1.8 billion integrated resort on Jeju Island in South Korea next year would boost earnings.

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