LKT haosiao go change the name of Star Cruises to Genting HK, thinking the name Genting more prestigious. This is coming back to bite him as politicians associate Genting = Gambling. In reality they are just Cruise ship operator like royal carribean and carnival.

Covid 19 is bad enough for cruise ships, more haosiao is LKT went on buying shipyard operator Werften Germany which eventually brought down the company cashflow.

This post has been edited by ikanbilis: Jan 27 2022, 05:38 PM

The loan usd600m was given out in 2012. Of course a big portion plus interest has been paid over the 10 year period. Politicians saying these 3 banks lost the whole 600million dont know the whole truth just tembak only.