Genting Hong Kong sells Zouk Group at S$14 million to offload non-core assets and seeks liquidity

Ailing cruise operator Genting Hong Kong on Tuesday (1 Sept) has agreed to sell the nightclub operator Zouk Group for S$14 million, noting that it will help to “offload non-core assets” and generate liquidity to the group. The Singapore-based Zouk Group will be sold to Malaysian firm Tulipa, which is owned by Lim Keong Hui, … Read more