Genting HK to sell another 4.35% stake in Norwegian Cruise Line
Add BT as a preferred source
Anita Gabriel
Singapore
CRUISE and leisure firm Genting Hong Kong is plumping up its coffers even further with plans to sell another tranche of 10 million shares or 4.35 per cent of Norwegian Cruise Line Holdings (NCLH) for US$546.1 million.
The firm, controlled by Malaysian gaming tycoon Lim Kok Thay, said on Thursday that its wholly owned subsidiary, Star NCLC Holdings, and other selling shareholders have signed an underwriting agreement for the disposal of 20 million NCLH shares in a secondary public offering.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Upbeat outlook for CDL, UOL after strong H1 earnings
