The firm's ship Genting Dream will initially offer the popular"cruises to nowhere" from June 15, with the aim of adding regional destinations such as Phuket and Bali from September this year.
At a media conference, Mr Michael Goh, president and head of international sales of the new firm said Resorts World Cruises has hired about 70 per cent of the employees laid off by Genting Hong Kong. He said this is about 1,700 staff. The cruise liner had first said on Jan 23 that it would be suspending bookings for its cruises here, after its beleaguered parent company, Genting Hong Kong, applied to be wound up.
The Straits Times had reported in March that since Genting Hong Kong ran into financial troubles, at least 60 of its staff were terminated. "The dispute that they have is actually with another cruise brand, and this is actually being managed by the liquidator and the Ministry of Manpower ," he said.Mr Goh also confirmed that the Resorts World Cruises will be under shareholder Two Trees Family Holdings, which lists Mr Lim and his son Lim Keong Hui as among its directors, and is a separate entity to Genting Hong Kong.
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Cruise ship Genting Dream to start trips from Singapore under new Resorts World Cruises brandSINGAPORE: A vessel that used to be operated by Genting Hong Kong-owned Dream Cruises will sail from Jun 15 under a new company set up by Malaysian tycoon Lim Kok Thay, who is chairman and board executive of Genting Group. The new company, called Resorts World Cruises, was registered on Mar 9, le It's not complimentary if it has already been paid!! Equivalent value is just another excuse to squeeze more $$. TF with 'gesture of goodwill'?! THEY OWE US THE MONEY!! Just refund our money! What is your corporate governance value as main shareholder of Genting Hk cruise line. Bankruptcy for one group causing huge losses to other minorities shareholders and now set up another line? Totally unacceptable!
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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
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