Genting HK gets SGX nod for secondary listing

GENTING Hong Kong has received the in-principle approval from Singapore Exchange (SGX) for a secondary listing by way of introduction on the main board.

The global entertainment and hospitality company, whose brands include Star Cruises and Resorts World Manila, has a primary listing on the Hong Kong Stock Exchange (HKSE), with shares also quoted and traded on the GlobalQuote platform of SGX.

If the introduction is completed, shares will be de-quoted from GlobalQuote, Genting Hong Kong said in its announcement yesterday. The company's shares will then be traded on the HKSE in Hong Kong dollars and on SGX in US dollars.