Inside Asian Gaming

IAG FEB 2022年2月 亞博匯 14 LIM KOK THAY STEPS DOWN AS CHAIRMAN AND CEO OF GENTING HONG KONG 林國泰辭任雲頂香港 主席兼行政總裁 GENTING GROUP PATRIARCH Lim Kok Thay has stepped down as Chairman, CEO and Executive Director of embattled cruise ship operator Genting Hong Kong. According to a Hong Kong Stock Exchange announcement, Lim tendered his resignation on the same day a Bermuda court appointed joint provisional liquidators to oversee a proposed restructuring of the company’s massive debts. Lim, who remains Chairman and CEO of Genting Berhad, Genting Malaysia and Genting Singapore, holds a personal 76% stake in the cruise ship operator. Also resigning was Genting Hong Kong’s Deputy Chief Executive Officer, Group President and Executive Director, Colin Au. The departure of Lim and Au leaves just a single representative on the company’s Board of Directors, Chief Financial Officer Chris Chan Kam Hing, with three independent non-executive directors, Alan Smith, Ambrose Lam Wai Hon and Justin Tan Wah Joo having already stepped down last week. Genting Hong Kong had previously announced that it was seeking the assistance of the provisional liquidators in developing a restructuring proposal in respect of the company’s debts, which include almost US$2.8 billion that formed part of financing arrangements reached with creditors in June last year. Thoseagreements followed thegroup’sannouncement in August 2020 that it was suspending all payments to financial creditors in order to preserve liquidity due to the impact of the COVID-19 pandemic on its businesses. However, with the pandemic still raging, Genting Hong Kong revealed in early January that it was in danger of defaulting on its loans after failing to drawdown a US$88 million backstop facility from the State of Mecklenburg Vorpommern for the continued operation of its Germany shipbuilding subsidiary, MVWerften Holdings Ltd (MVWH). 雲頂集團主席林國泰 日前已辭去深陷困境的雲頂香港主席兼行政 總裁及執行董事職務。 根據香港證券交易所的公告，林遞交辭呈的同一日，百慕 達法院任命聯席臨時清盤人監督擬議中的雲頂香港的巨額債務重 組。 仍然身為雲頂有限公司、雲頂馬來西亞及雲頂新加坡之主席 及行政總裁的林國泰，目前持有這家郵輪營運商76%的股權。 同時辭職的還有雲頂香港副行政總裁兼集團總裁及執行董事 區福耀。 在三名獨立非執行董事史亞倫、林懷漢及陳和瑜此前辭職 之後，目前雲頂香港僅餘一名執行董事，即該公司財務總監陳錦 興。 雲頂香港早前宣佈，正尋求聯席臨時清盤人協助公司擬定及 提出財務債務重組，包括該公司於去年6月與債權人達成約28億 美元的若干融資安排。 相關協議前，該集團因應新冠疫情對其業務影響而在2020 年8月宣佈暫停向金融債權人付款以保持流動性。 然而，隨著疫情影響的持續，雲頂香港於1月初透露，未能 根據此前協議從德國梅克倫堡–前波莫瑞州獲得8800萬美元，以 支持該公司的德國造船實體MV Werften Holdings Ltd (MVWH) 備用融資計劃之後，該公司面臨拖欠貸款風險。