Genting HK boss buys group’s stake in Grand Banks Yachts


Move designed to boost liquidity at financially challenged Genting

In a move to help increase the liquidity of the Hong Kong-listed Genting Hong Kong (GHK) group, the latter’s 24.68% stake in Grand Bank Yachts has been purchased by Lim Kok Thay, chairman and CEO of both Genting HK and the Genting group as a whole.

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