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Genting HK completes secondary listing on Singapore main board

Genting HK completes secondary listing on Singapore main board

Hospitality, entertainment and gaming giant Genting Hong Kong, the parent of Star Cruises and a principal stakeholder in Norwegian Cruise Line, completed a secondary listing on the main board of the Singapore Exchange Securities Trading Ltd. (SGX-ST) Monday.

'This is an exciting day for us and marks an important milestone for Genting Hong Kong,' said Blondel So, COO of Genting HK. 'A significant number of our shareholders are based in Singapore, and we appreciate their support over the years.'

In addition, the listing is expected to raise the company's profile among the investment community in the region.

Genting HK's primary listing is on the Hong Kong Stock Exchange.

With the secondary listing on the main board of SGX-ST, Genting HK shares were removed from the GlobalQuote platform of the SGX-ST on Friday.

'With the dual listing status in Hong Kong and Singapore, Genting Hong Kong will be in a better position to access the capital markets in both financial centers and maximise its growth potential,' So said.

CIMB Bank, Singapore branch acted as the financial adviser and sponsor.

Genting HK shares are traded on the main board of the HKSE in Hong Kong dollars, and on the main board of the SGX-ST in US dollars.

 

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