Genting Singapore sells Echo Entertainment stake
Genting Hong Kong meanwhile will continue to hold its investment in Echo Entertainment.
Formerly known as Star Cruises Limited, GHK said it remains committed to the application to the New South Wales Independent Liquor and Gaming Authority and Queensland Office of Liquor and Gaming Regulation for approval to acquire more than 10% voting power in Echo Entertainment.
Genting Singapore has agreed to sell its entire 4.8% shareholding in Echo Entertainment.