Genting HK confident about its 'risky' cruise market splash

Kuala Lumpur

WHEN Genting Hong Kong (GHK) was told it would have to wait a decade for the cruise ships it ordered to be delivered, it simply shelled out 250 million euros (S$386 million) to acquire a couple of German shipbuilders to get its orders fast-tracked.

GHK chairman and chief executive Lim Kok Thay acknowledged wryly: "Hard way of doing business."