Billionaire Lim Kok Thay Launching Singapore Cruise Liner After Winding Down Hong Kong Operations

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Billionaire Lim Kok Thay Launching Singapore Cruise Liner After Winding Down Hong Kong Operations
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Malaysian billionaire Lim Kok Thay is launching a brand-new cruise line from Singapore just four months after winding down Genting Hong Kong

is launching a brand-new cruise line from Singapore just four months after winding down Genting Hong Kong as the cruise ship operator ran out of cash during the Covid-19 pandemic which upended the tourism industry.stepping down as chairman and CEO

of Genting Hong Kong in late January as the company filed for liquidation. In early March, his privately held investment firm Two Tree Holdings incorporated RW Cruises in Singapore to run cruise operations under the Resorts World Cruises brand out of the Southeast Asian financial hub, according to regulatory filings.

Resorts World Cruises will initially operate one ship, Genting Dream, which will provide cruise to nowhere services from Singapore next month, Bloomberg quoted Michael Goh, the company’s president and head of international sales, in a media briefing.

“We started our cruise operations 30 years ago and we are excited to again launch the the first Resorts World Cruises in Singapore, the first country to re-open cruising in the region,” Lim, executive chairman of Resorts World Cruises, said in a . “Resorts World Cruises will have its headquarters in Singapore and is committed to making Singapore the leading cruise hub in Asia.”

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