The park is viable enough to stand on its own without an IP to be fair. So I can see them just operating without the licenses, or looking to obtain others.
Reading from the article it sounds like they're getting to keep some Fox IPs but not all of them, and the park itself will be renamed.More news regarding the park. Looks like construction should pick up again soon:
KUALA LUMPUR (Bernama): Genting Malaysia Bhd has fully resolved its dispute with Fox Entertainment Group Llc, Twentieth Century Fox Film Corporation, Foxnext Llc, Twenty First Century Fox Inc and The Walt Disney Company over the development of an outdoor theme park.www.thestar.com.my