{"id":777001370,"date":"2023-01-06T13:34:57","date_gmt":"2023-01-06T16:34:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777001370"},"modified":"2026-04-23T01:42:59","modified_gmt":"2026-04-23T04:42:59","slug":"genting-hong-kong-to-hold-first-creditors-meeting-on-january-18","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/genting-hong-kong-to-hold-first-creditors-meeting-on-january-18","title":{"rendered":"Genting Hong Kong to hold first creditors meeting on January 18"},"content":{"rendered":"\n

It will appoint a permanent liquidator.<\/p>\n\n\n\n\n\n\n\n

Hong Kong.- Genting Hong Kong<\/strong> has announced through a Hong Kong Stock Exchange<\/strong> filing that it will hold the first meetings of creditors and contributors to appoint a permanent liquidator on January 18 and 19. Formal notices have been sent to the creditors of Genting Hong Kong and Dream Cruises in accordance with Bermuda law.<\/p>\n\n\n\n

The meetings will also determine whether or not a committee of inspection is to be appointed to act with the Permanent Liquidator, and if so, who will be the elected members. The company filed for liquidation in January 2022<\/a>.<\/p>\n\n\n\n

The creditor meetings for Genting Hong Kong will take place concurrently on January 18<\/strong> in Fairmont House in Hong Kong\u2019s central district at 9 pm local time and in Bermuda (at 9 am local time), while the Dream Cruises creditors meeting will take place at the same addresses on January 19<\/strong> at 9 pm Hong Kong time.<\/p>\n\n\n\n

The Dream Cruises contributories meeting will be held virtually on January 18 at 9 am Hong Kong time.<\/p>\n\n\n\n

In November,  Genting Hong Kong <\/strong>sold its incomplete cruise ship Global Dream to Walt Disney Co<\/a>. In July, Genting Hong Kong also sold its Crystal Endeavor cruise ship<\/a> to the Royal Caribbean Group for US$275m. Currently, the group does not operate any cruises, and it stated that it will not be able to resume such operations in the future. <\/p>\n\n\n\n

In September, Resorts World Cruises Pte Ltd<\/strong>, the company launched by Genting Hong Kong founder Lim Kok Thay<\/a> in April, purchased Star Market Holdings<\/strong>, the owner of Genting Hong Kong\u2019s cruise trademarks. <\/p>\n","protected":false},"excerpt":{"rendered":"

It will appoint a permanent liquidator.<\/p>\n","protected":false},"author":226,"featured_media":26544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Genting Hong Kong is proceeding with its formal liquidation, scheduling creditor and contributor meetings for January 18-19 in Hong Kong and Bermuda to appoint a permanent liquidator and potentially a committee of inspection. This follows its January 2022 filing and recent asset divestitures, including the sale of its cruise trademarks to Resorts World Cruises Pte Ltd, a new entity founded by Lim Kok Thay. The company has confirmed it will not resume cruise operations.","focusai_entities":"Genting Hong Kong, Dream Cruises, Walt Disney Co, Royal Caribbean Group, Resorts World Cruises Pte Ltd, Lim Kok Thay, Star Market Holdings","focusai_location":"Hong Kong, Bermuda","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Liquidation Timeline?","query":"What is the projected timeline for the full asset realization and creditor distribution in the Genting Hong Kong liquidation?"},{"label":"Trademark Sale Impact?","query":"How will the sale of Genting Hong Kong's cruise trademarks to Resorts World Cruises impact future brand positioning and market competition within the cruise vertical?"}],"footnotes":""},"categories":[157,16338],"tags":[23716],"class_list":["post-777001370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-genting-hong-kong"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777001370"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001370\/revisions"}],"predecessor-version":[{"id":777001386,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001370\/revisions\/777001386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26544"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}