Genting HK to sell another 4.35% stake in Norwegian Cruise Line

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.