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forbes.com
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Genting Bhd CEO Steps Down Amidst Financial Challenges and Restructuring
Malaysian billionaire Lim Kok Thay is stepping down as CEO of Genting Bhd, handing over to Tan Kong Han, amidst an 11% drop in full-year net profit to $448 million and a 12% slump in shares to a four-year low, while the company invests heavily in energy and resort revamps.
Genting Bhd CEO Steps Down Amidst Financial Challenges and Restructuring
Malaysian billionaire Lim Kok Thay is stepping down as CEO of Genting Bhd, handing over to Tan Kong Han, amidst an 11% drop in full-year net profit to $448 million and a 12% slump in shares to a four-year low, while the company invests heavily in energy and resort revamps.
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