The Zouk Nightclub in Singapore. - ST file
SINGAPORE (The Straits Times/ANN): Ailing cruise operator Genting Hong Kong has sold the Zouk Group, which operates the popular nightclub, for S$14 million as part of efforts to offload non-core assets and generate liquidity for the cash-strapped firm.
Malaysian firm Tulipa is buying the Singapore-based group, according to a filing on the Hong Kong Exchange on Tuesday (Sept 1) night.
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