SG Talk

Full Version: Malaysian lenders hit by troubles at Genting Hong Kong
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Leslie Lopez
Regional Correspondent
PUBLISHED JAN 23, 2022, 11:40 AM SGT


......

top Malaysian banks Malayan Banking, CIMB and RHB are among the chief unsecured creditors of Genting Hong Kong, with a combined exposure of US$600 million (S$808 million).


https://www.straitstimes.com/asia/se-asi...-hong-kong
new players can buy cheap ,.cont.
There is liquidation value.
Even if yous scrap the ship you get good price.

There must be players waiting at the side to buy once the restrictions lifted it can fly.

The other way is for Genting Singapore go buy pennies to the dollar and restart the business with clean balance sheet.