Lim Keong Hui, son of Genting Group Chairman Thay, has stepped down as executive director and deputy CEO of Genting Hong Kong.
The global cruise ship operator is struggling to endure amid growing debts and the suspension of operations due to Covid-19. On August 28, Genting HK announced Lim’s resignation, in which he said he would devote more time to other business commitments. The 35-year-old is also deputy CEO of Malaysian-listed Genting Bhd, Genting Malaysia Bhd and Genting Plantations Bhd.
Lim was appointed to the former role in March 2019. He has been replaced by Group President Colin Au Fook Yew, who oversees Genting Cruise Lines and its three brands: Dream Cruises, Star Cruises and Crystal Cruises. Au has worked in various roles within the Genting Group for the past 40 years.
Just days after stepping down, Lim acquired Genting HK’s Zouk Group for SG$14 million (US$10.3 million). Zouk, which was acquired by Genting HK in 2015, operates a nightclub in Singapore and has expanded to Kuala Lumpur and Resorts World Genting.