GENTING Hong Kong is looking at potential asset sales and debt restructuring to help navigate the challenging business environment brought on by the COVID-19 pandemic. The company posted a net loss of US$1.7 billion last year in a filing to Hong Kong’s stock exchange on Sun evening. There are “material...
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GENTING Hong Kong is looking at potential asset sales and debt restructuring to help navigate the challenging business environment brought on by the COVID-19 pandemic.
The company posted a net loss of US$1.7 billion last year in a filing to Hong Kong’s stock exchange on Sun evening.
There are “material uncertainties which may cast significant doubt about the Group’s ability to continue as a going concern,” Genting said.
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