Analysts: Better for Star Cruises if it sells NCL


  • Business
  • Thursday, 05 Jul 2007

PETALING JAYA: It will benefit Resorts World Bhd if associate company Star Cruises Ltd hives off loss-making Norwegian Cruise Line Holding ASA (NCL), which operates cruise liners in North America and Europe.  

Investment analysts said selling off NCL would be a relief for Resorts World, which has pumped in substantial capital since Star Cruises bought over the company in 2000.  

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