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Genting HK pares stake in Norwegian Cruise Lines again

Published Fri, Nov 17, 2017 · 09:50 PM

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Singapore

GENTING Hong Kong continues to reduce its stake in Nasdaq-listed Norwegian Cruise Lines Holdings (NCLH), selling another five million of its shares that represent a 2.19 per cent stake in the firm.

The latest transaction, which follows another stake disposal just three months ago, lowers Genting's current interest in NCLH to 5.64 per cent, said the Hong Kong-listed firm in an announcement on Friday morning. Genting Hong Kong has since May 2015 treated its interest in NCLH as an "available-for-sale investment".

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