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Lim Kok Thay steps down at Genting

Lim Kok Thay has resigned as Chairman and Chief Executive of bankrupt cruise group and MV Shipyards owner Genting Hong Kong. Liquidators are now to draw up a restructuring plan for the company, the group told the Hong Kong Stock Exchange on Monday. In addition, Au Fook Yew resigned as Vice Chairman and President of the group. According to the stock exchange notice, neither Lim nor Au had any disagreements with the board of directors. The company is looking for suitable candidates to fill the positions, the statement added.

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