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Genting Singapore dissolves two more subsidiaries

Casino operator Genting Singapore has announced that it has dissolved two more subsidiaries this week.

The subsidiaries, Blue Shell International Limited and Ocean Star Resources Limited are wholly-owned subsidiaries of Genting Singapore, incorporated in the British Virgin Islands.

The filing comes in a week after Genting Singapore announced the dissolution of Genting Star (Macau).

According to an announcement from the casino operator last week, the liquidation of its Macau subsidiary last week “was not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Company for the financial year ending 31 December 2016.”

The filing did not make the same mention at this time.

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