Star Cruises has closed its UK representation office with the loss of three staff.
Michael Dupont, assistant vice president of sales for Europe, is among the three redunandancies.
He has led the Star Cruises sales and marketing function in Europe for more than 12 years, driving the brand into new international markets, including the first Star Cruises ship to be based outside Australasia in summer 2006 when the cruise line offered Malta-based Mediterranean cruises. Prior to this, Dupont worked for Royal Caribbean.
Star Cruises says it will continue to offer its Singapore-based ship the SuperStar Virgo for sale through travel agents in the UK and Ireland. Information on rates, product and sales support will be offered from the cruise line's Asia-based offices.
Star Cruises' parent company Malaysia-owned Genting Group owns half of Norwegian Cruise Line.
Agents selling Star Cruises should redirect any queries to reservations@starcruises.com or for product support contact Joyce Toh on cctoh@starcruises.com, or for sales and marketing, Braydon Holland on bholland@starcruises.com.
Source
Friday, January 30, 2009
Thursday, January 29, 2009
Still early for Genting to look at Taiwan, say analysts
KUALA LUMPUR: Taiwan's move to legalise gambling may present an opportunity for Genting Bhd to expand its gaming business to the island, analysts said, but the Genting group would likely focus on its integrated resort (IR) development in Singapore in the short term.
An analyst at Aseambankers Equity Research said it was "still early days" to comment on the viability of the Taiwan market to the Genting group, as details were sketchy. For one, Taiwan has not decided on the number of casino licences to award, although some media reported that there would be "two or three".
"In the short term, Genting would be more concerned with its IR project in Singapore. In addition, Malaysia is still a catalyst market for Genting," he told The Edge Financial Daily .
In a move to spur its economy, Taiwan on Jan 12 passed a bill to allow the construction of casinos on its offshore islands of Penghu, Kinmen and Matsu counties.
An analyst at a local research house said the opening of the Taiwan market was generally positive to the Genting group in view of more expansion opportunities.
However, she said it would take time to build the necessary infrastructure on the remote islands before any casino project could take off.
"They need to improve the accessibility of those islands and build the infrastructure first, and this takes time.
"Unlike Macau, which eyes the VIP market, Taiwan's gaming market will likely tap the masses domestically and in mainland China. There are still a lot of untapped markets in mainland China, so Genting may want to explore Taiwan," she said.
Meanwhile, an analyst at a local bank-backed research house is concerned that China's visa restriction on Macau may also apply to Taiwan when the latter have its own casinos.
If that is the case, any casino to be built in Taiwan would likely see revenue coming mainly from the domestic market.
"If there are three casinos, Taiwan may not be big enough and competition will be stiff," she said. China mainlanders are restricted to one Macau visit every three months beginning June last year, compared with twice a month previously.
"I am not sure if Genting is interested in bidding for a casino licence in Taiwan. But if they were to bid for it, it would be under Resorts (World Bhd), because Resorts has a lot of cash," she added.
Source
An analyst at Aseambankers Equity Research said it was "still early days" to comment on the viability of the Taiwan market to the Genting group, as details were sketchy. For one, Taiwan has not decided on the number of casino licences to award, although some media reported that there would be "two or three".
"In the short term, Genting would be more concerned with its IR project in Singapore. In addition, Malaysia is still a catalyst market for Genting," he told The Edge Financial Daily .
In a move to spur its economy, Taiwan on Jan 12 passed a bill to allow the construction of casinos on its offshore islands of Penghu, Kinmen and Matsu counties.
An analyst at a local research house said the opening of the Taiwan market was generally positive to the Genting group in view of more expansion opportunities.
However, she said it would take time to build the necessary infrastructure on the remote islands before any casino project could take off.
"They need to improve the accessibility of those islands and build the infrastructure first, and this takes time.
"Unlike Macau, which eyes the VIP market, Taiwan's gaming market will likely tap the masses domestically and in mainland China. There are still a lot of untapped markets in mainland China, so Genting may want to explore Taiwan," she said.
Meanwhile, an analyst at a local bank-backed research house is concerned that China's visa restriction on Macau may also apply to Taiwan when the latter have its own casinos.
If that is the case, any casino to be built in Taiwan would likely see revenue coming mainly from the domestic market.
"If there are three casinos, Taiwan may not be big enough and competition will be stiff," she said. China mainlanders are restricted to one Macau visit every three months beginning June last year, compared with twice a month previously.
"I am not sure if Genting is interested in bidding for a casino licence in Taiwan. But if they were to bid for it, it would be under Resorts (World Bhd), because Resorts has a lot of cash," she added.
Source
Tuesday, January 20, 2009
城贸控股手上订单 总值5200万元
尽管我国及区域经济持续衰退，城贸控股(Cityneon)手中的订单额依然强劲，在2009年到2012年之间的订单总值为5200万元，同时计划继续招聘人手，把本地员工人数增至140人。
集团表示，目前的订单包括：为云顶国际在圣淘沙名胜世界(Resorts World)的环球影城(Universal Studio)中建造三个景点。与此同时，集团也为阿曼(Oman)旅游局建造展览摊位，作为举办一个为期三年的国际路演。另一方面，集团与新加坡一级方程式大赛车(F1)主办单位所签、为期五年630万元的家具供应及装修合约也进入第二年。
Source
集团表示，目前的订单包括：为云顶国际在圣淘沙名胜世界(Resorts World)的环球影城(Universal Studio)中建造三个景点。与此同时，集团也为阿曼(Oman)旅游局建造展览摊位，作为举办一个为期三年的国际路演。另一方面，集团与新加坡一级方程式大赛车(F1)主办单位所签、为期五年630万元的家具供应及装修合约也进入第二年。
Source
Firm order book for Star’s Cityneon
SINGAPORE: Cityneon Holdings Ltd, 63% owned by Star Publications (M) Bhd, has reported a firm order book for 2009 and beyond despite the economic downturn in Singapore and the region.
In a statement yesterday, Cityneon said its order book for 2009 to 2012 stood at S$52mil (RM124.62mil) to date. The contracts included a S$35mil (RM83.85mil) deal to build three attractions at Universal Studios being built by the Genting group on Sentosa Island, as well as exhibition booths and other on-site installations to support a three-year international roadshow by the Oman Tourism Authority.
Group managing director Ko Chee Wah said the group was heartened that it managed to secure the amount at the start of a new year in such difficult market conditions.
“We hope to sign more deals in the coming weeks and months,” he said.
Cityneon is in the second year of a five-year S$6.2mil (RM14.85mil) contract to supply ground and furniture fit-out for Singapore’s F1 race in September. Last year, it provided the furniture for the F1 hospitality suites, media centre and public areas.
It will also be constructing booths for exhibitors at the CommunicAsia & Broadcast Asia show in September, and the grandstand at this year’s Chingay Parade.
“We are glad that we took steps in recent years to diversify into new markets and new services.
“This has helped us sustain momentum in a year when economies around the world are seeing a massive contraction in demand from consumers and businesses,” Ko said.
In line with its bigger order book, Cityneon will be hiring more staff this year after having recruited 27 designers, event managers, marketing and account servicing executives last year.
Cityneon, which is due to report its full-year results in February, plans to expand its current staff strength of 140 in Singapore.
Source
In a statement yesterday, Cityneon said its order book for 2009 to 2012 stood at S$52mil (RM124.62mil) to date. The contracts included a S$35mil (RM83.85mil) deal to build three attractions at Universal Studios being built by the Genting group on Sentosa Island, as well as exhibition booths and other on-site installations to support a three-year international roadshow by the Oman Tourism Authority.
Group managing director Ko Chee Wah said the group was heartened that it managed to secure the amount at the start of a new year in such difficult market conditions.
“We hope to sign more deals in the coming weeks and months,” he said.
Cityneon is in the second year of a five-year S$6.2mil (RM14.85mil) contract to supply ground and furniture fit-out for Singapore’s F1 race in September. Last year, it provided the furniture for the F1 hospitality suites, media centre and public areas.
It will also be constructing booths for exhibitors at the CommunicAsia & Broadcast Asia show in September, and the grandstand at this year’s Chingay Parade.
“We are glad that we took steps in recent years to diversify into new markets and new services.
“This has helped us sustain momentum in a year when economies around the world are seeing a massive contraction in demand from consumers and businesses,” Ko said.
In line with its bigger order book, Cityneon will be hiring more staff this year after having recruited 27 designers, event managers, marketing and account servicing executives last year.
Cityneon, which is due to report its full-year results in February, plans to expand its current staff strength of 140 in Singapore.
Source
Friday, January 16, 2009
GPI Wins Large RFID Orders From Two New Asian Casinos
New Macau and Philippine Casinos choose GPI's RFID technology for Casino Currency Control(R) security, tracking and verification at gaming tables
LAS VEGAS, Jan. 16 /PRNewswire-FirstCall/ -- Gaming Partners International Corporation (Nasdaq: GPIC) ("GPI"), a leading provider of casino currency and table game equipment worldwide, announced today that it has secured two substantial orders to supply casino chips and RFID technology to two casinos, one in Macau and the other in the Philippines, each due to open in the middle of 2009. The total amount of the two orders exceeds $8 million with RFID chips accounting for approximately 80% of the total.
City of Dreams in Macau, a Melco PBL Entertainment property, scheduled to open in the second quarter with 550 gaming tables when completed, has chosen GPI to provide high-frequency RFID Bourgogne & Grasset(R) plaques. GPI has also been providing Melco PBL properties Crown Macau and Crown Melbourne with RFID Casino Currency Control(R) solutions since 2007. This new order maintains GPI's dominance in the Macau casino currency control market.
Newport City in Manila, Philippines, a development of Star Cruises, a division of the Genting Bhd subsidiary Resorts World, in association with a local company Alliance Global Group, will include a casino with 450 tables scheduled to open by the middle of this year.
Newport City has chosen GPI to supply low-frequency RFID Bourgogne & Grasset, gaming chips, jetons, plaques and readers for Casino Currency Control solutions. Through its French subsidiary GPI SAS, GPI is a long-time supplier to the Philippines market. The company has been providing chips, jetons and plaques to all Philippine Amusement and Gaming Corporation casinos for more than 30 years. Recent orders include supplying Eastern Hawaii and Sun City casinos in the Cagayan Freeport zone with RFID chips and jetons.
GPI's RFID (radio frequency identification device) Casino Currency Control technology available in low or high frequency (Brands: Bourgogne & Grasset, Bud Jones, and Paulson(R)) allows casinos to verify the authenticity and value of each chip, plaque and jeton almost instantly, which reduces the possibility of counterfeits, staff pilferage or errors in casino currency counts.
This RFID technology enables casinos to track individual chips, plaques or jetons throughout the gaming floor and, with specialized readers and software, follow payments, fills and credits, table drops, tips, and win and losses per table at any time of the day. GPI's high-frequency RFID chips are compatible with special player tracking hardware and software that allow for accurate tracking of play data from tables so casinos can follow player bets and accurately rate and reward players.
"We are thrilled to have secured such substantial orders for these two exciting new Asian casinos," said Christophe Leparoux, International Director of Sales and Marketing for GPI's subsidiary in France. "The acceptance of GPI's RFID technology in Macau casinos is exceptional and the growth of RFID implementation in casinos in the Philippines and more broadly Asia has been on the increase."
Gerard P. Charlier, President and Chief Executive Officer of GPI commented, "The continued confidence in GPI and our RFID products by our leading customers all over the world and particularly in Asia is extremely encouraging as we strive to provide creative casino currency tracking solutions to meet the specific needs of our valued clients and their players. These orders also significantly strengthen our backlog for a positive start for 2009."
About Gaming Partners International Corporation
GPIC manufactures and supplies (under the brand names of Paulson(R), Bourgogne et Grasset(R) and Bud Jones(R)) casino chips including plaques and jetons and low frequency and high frequency RFID chips, low and high frequency RFID readers, table layouts, playing cards, dice, gaming furniture, roulette wheels, table accessories, and other products that are used with casino table games such as blackjack, poker, baccarat, craps, and roulette. GPIC is headquartered in Las Vegas, Nevada, with offices in Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, New Jersey; and Gulfport, Mississippi. GPIC sells its casino products directly to licensed casinos throughout the world. For additional information about GPIC, visit our web site at http://www.gpigaming.com.
Safe Harbor Statement
This release contains "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties, such as statements relating to anticipated future sales or the timing thereof, the long-term growth and prospects of our business or any jurisdiction, including Macau, unfavorable economic conditions which may reduce our product sales, and the long term potential of the RFID gaming chips market and the ability of Gaming Partners International to capitalize on any such growth opportunities. Actual results or achievements may be materially different from those expressed or implied. Gaming Partners International's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, the timing and its ability to consummate, acquisitions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond its control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.
Source
LAS VEGAS, Jan. 16 /PRNewswire-FirstCall/ -- Gaming Partners International Corporation (Nasdaq: GPIC) ("GPI"), a leading provider of casino currency and table game equipment worldwide, announced today that it has secured two substantial orders to supply casino chips and RFID technology to two casinos, one in Macau and the other in the Philippines, each due to open in the middle of 2009. The total amount of the two orders exceeds $8 million with RFID chips accounting for approximately 80% of the total.
City of Dreams in Macau, a Melco PBL Entertainment property, scheduled to open in the second quarter with 550 gaming tables when completed, has chosen GPI to provide high-frequency RFID Bourgogne & Grasset(R) plaques. GPI has also been providing Melco PBL properties Crown Macau and Crown Melbourne with RFID Casino Currency Control(R) solutions since 2007. This new order maintains GPI's dominance in the Macau casino currency control market.
Newport City in Manila, Philippines, a development of Star Cruises, a division of the Genting Bhd subsidiary Resorts World, in association with a local company Alliance Global Group, will include a casino with 450 tables scheduled to open by the middle of this year.
Newport City has chosen GPI to supply low-frequency RFID Bourgogne & Grasset, gaming chips, jetons, plaques and readers for Casino Currency Control solutions. Through its French subsidiary GPI SAS, GPI is a long-time supplier to the Philippines market. The company has been providing chips, jetons and plaques to all Philippine Amusement and Gaming Corporation casinos for more than 30 years. Recent orders include supplying Eastern Hawaii and Sun City casinos in the Cagayan Freeport zone with RFID chips and jetons.
GPI's RFID (radio frequency identification device) Casino Currency Control technology available in low or high frequency (Brands: Bourgogne & Grasset, Bud Jones, and Paulson(R)) allows casinos to verify the authenticity and value of each chip, plaque and jeton almost instantly, which reduces the possibility of counterfeits, staff pilferage or errors in casino currency counts.
This RFID technology enables casinos to track individual chips, plaques or jetons throughout the gaming floor and, with specialized readers and software, follow payments, fills and credits, table drops, tips, and win and losses per table at any time of the day. GPI's high-frequency RFID chips are compatible with special player tracking hardware and software that allow for accurate tracking of play data from tables so casinos can follow player bets and accurately rate and reward players.
"We are thrilled to have secured such substantial orders for these two exciting new Asian casinos," said Christophe Leparoux, International Director of Sales and Marketing for GPI's subsidiary in France. "The acceptance of GPI's RFID technology in Macau casinos is exceptional and the growth of RFID implementation in casinos in the Philippines and more broadly Asia has been on the increase."
Gerard P. Charlier, President and Chief Executive Officer of GPI commented, "The continued confidence in GPI and our RFID products by our leading customers all over the world and particularly in Asia is extremely encouraging as we strive to provide creative casino currency tracking solutions to meet the specific needs of our valued clients and their players. These orders also significantly strengthen our backlog for a positive start for 2009."
About Gaming Partners International Corporation
GPIC manufactures and supplies (under the brand names of Paulson(R), Bourgogne et Grasset(R) and Bud Jones(R)) casino chips including plaques and jetons and low frequency and high frequency RFID chips, low and high frequency RFID readers, table layouts, playing cards, dice, gaming furniture, roulette wheels, table accessories, and other products that are used with casino table games such as blackjack, poker, baccarat, craps, and roulette. GPIC is headquartered in Las Vegas, Nevada, with offices in Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, New Jersey; and Gulfport, Mississippi. GPIC sells its casino products directly to licensed casinos throughout the world. For additional information about GPIC, visit our web site at http://www.gpigaming.com.
Safe Harbor Statement
This release contains "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties, such as statements relating to anticipated future sales or the timing thereof, the long-term growth and prospects of our business or any jurisdiction, including Macau, unfavorable economic conditions which may reduce our product sales, and the long term potential of the RFID gaming chips market and the ability of Gaming Partners International to capitalize on any such growth opportunities. Actual results or achievements may be materially different from those expressed or implied. Gaming Partners International's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, the timing and its ability to consummate, acquisitions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond its control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.
Source
Thursday, January 15, 2009
佳晟获1207万元合同
佳晟控股(Chasen Holdings)的子公司Hup Lian工程分别从金明创新(Kingsmen Creatives)、圣淘沙名胜世界以及M+W Zander（新）私人有限公司争取到合同，总值1207万元。
它说，金明创新的合同涉及结构工程设计，而圣淘沙名胜世界的合同涉及为环球影城(Universal Studios)供应和安装结构钢铁工程预件(fabrication)，总值672万元。M+W Zander的合同则是为对方的本地最大太阳能厂设计、供应和安装结构钢管、连桥和钢梯的预件，总值537万元。
这些工程项目预料今年10月完工。随着争取到这些合同，Hup Lian工程如今的订单总额大约是2100万元。有关合同预料不会对截至3月底的公司年度每股盈利和净有形资产带来任何冲击。
Source
它说，金明创新的合同涉及结构工程设计，而圣淘沙名胜世界的合同涉及为环球影城(Universal Studios)供应和安装结构钢铁工程预件(fabrication)，总值672万元。M+W Zander的合同则是为对方的本地最大太阳能厂设计、供应和安装结构钢管、连桥和钢梯的预件，总值537万元。
这些工程项目预料今年10月完工。随着争取到这些合同，Hup Lian工程如今的订单总额大约是2100万元。有关合同预料不会对截至3月底的公司年度每股盈利和净有形资产带来任何冲击。
Source
New bridge linking mainland S'pore to Sentosa to open later this year
SINGAPORE: A new bridge linking mainland Singapore to Resorts World at Sentosa is expected to open later this year. Resorts World said it should receive traffic ahead of its grand opening.
The 710-metre bridge is expected to serve some 15 million visitors a year once the resort is fully operational. After completion, the traffic flow to Sentosa will be realigned.
The three lanes are capable of handling some 6,000 vehicles per hour. But the infrastructure also has a dual purpose.
Under the bridge, it carries utility pipes for power, telecommunications lines and fresh water.
Source
The 710-metre bridge is expected to serve some 15 million visitors a year once the resort is fully operational. After completion, the traffic flow to Sentosa will be realigned.
The three lanes are capable of handling some 6,000 vehicles per hour. But the infrastructure also has a dual purpose.
Under the bridge, it carries utility pipes for power, telecommunications lines and fresh water.
Source
Monday, January 12, 2009
Genting Stanley Alderney Partners with Income Access for Affiliate Software
Income Access has signed a deal with the gaming software provider, Genting Stanley Alderney, to provide affiliate marketing software for their consumer facing brands, including Circus.
Montreal, QC (PRWEB) January 11, 2009 -- Affiliate marketing software provider Income Access (http://www.incomeaccess.com/) has announced that it will be partnering with Genting Stanley Alderney (http://www.stanleycasinos.com/), which trades as Circus Casino. Through this partnership, the affiliate programmes for Genting Stanley Alderney and its suite of online casino brands will be powered by the Income Access software and enjoy dedicated affiliate support.
This partnership will allow Genting Stanley Alderney affiliates to diversify and bolster their revenue streams. While Genting Stanley is a trusted brand that helps with conversions, their eclectic product offerings will appeal to a variety of affiliates and players.
"Genting Stanley Alderney is offering a superb opportunity for affiliates, and we're delighted to be offering their affiliates in-depth tracking and dedicated support," said Nicky Senyard, CEO of Income Access. "Having access to these resources while promoting such a trusted brand name should really help affiliates bolster their earnings and reach a new level of success."
Genting Stanley Alderney has three key brands; Circus, Maxims and Mint. Circus (http://www.circuscasino.com/) is one of the world's largest poker communities, featuring over 100 casino games, including classics such as Roulette and Blackjack. Circus will also be the first to launch it's affiliate program with the Income Access software.
The same software that powers the Income Access network, (http://incomeaccess.com/affiliate_network.asp), the Income Access software (http://incomeaccess.com/affiliate_software_solutions.asp) is also available for white labelling. Completely brandable and customizable, it provides iGaming operators the ability to extend their brand experience to affiliates. In a constant state of development and updated regularly, it features a variety of in-depth tracking reports and marketing tools that help both operators maximize their online marketing campaigns.
About Genting Stanley Alderney
Genting Stanley Alderney ltd which operates Circus Casino.com is a wholly owned subsidiary of Genting International plc. It places the same high level of importance on social responsibility as Genting Stanley and operates to the same high standards of care as the land based casinos. It is incorporated in Alderney and regulated by the Alderney Gambling Control Commission.
The Genting Group is one of Malaysias leading multi national corporations which has more than 27,000 employees and has a combined market capitalisation of more than US$17Billion.
About Income Access
Emphasizing long-term, proactive relationships, Income Access works closely with affiliates and operators alike to help them succeed in the iGaming space. A leading provider of affiliate marketing solutions, Income Access both operates an affiliate network and offers unmatched affiliate marketing software. To date, Income Access has partnered with over 17,000 affiliates and 60 operators, including a variety of Sportsbook, Casino, Poker, Bingo, Mobile, and Softgames operators.
Source
Montreal, QC (PRWEB) January 11, 2009 -- Affiliate marketing software provider Income Access (http://www.incomeaccess.com/) has announced that it will be partnering with Genting Stanley Alderney (http://www.stanleycasinos.com/), which trades as Circus Casino. Through this partnership, the affiliate programmes for Genting Stanley Alderney and its suite of online casino brands will be powered by the Income Access software and enjoy dedicated affiliate support.
This partnership will allow Genting Stanley Alderney affiliates to diversify and bolster their revenue streams. While Genting Stanley is a trusted brand that helps with conversions, their eclectic product offerings will appeal to a variety of affiliates and players.
"Genting Stanley Alderney is offering a superb opportunity for affiliates, and we're delighted to be offering their affiliates in-depth tracking and dedicated support," said Nicky Senyard, CEO of Income Access. "Having access to these resources while promoting such a trusted brand name should really help affiliates bolster their earnings and reach a new level of success."
Genting Stanley Alderney has three key brands; Circus, Maxims and Mint. Circus (http://www.circuscasino.com/) is one of the world's largest poker communities, featuring over 100 casino games, including classics such as Roulette and Blackjack. Circus will also be the first to launch it's affiliate program with the Income Access software.
The same software that powers the Income Access network, (http://incomeaccess.com/affiliate_network.asp), the Income Access software (http://incomeaccess.com/affiliate_software_solutions.asp) is also available for white labelling. Completely brandable and customizable, it provides iGaming operators the ability to extend their brand experience to affiliates. In a constant state of development and updated regularly, it features a variety of in-depth tracking reports and marketing tools that help both operators maximize their online marketing campaigns.
About Genting Stanley Alderney
Genting Stanley Alderney ltd which operates Circus Casino.com is a wholly owned subsidiary of Genting International plc. It places the same high level of importance on social responsibility as Genting Stanley and operates to the same high standards of care as the land based casinos. It is incorporated in Alderney and regulated by the Alderney Gambling Control Commission.
The Genting Group is one of Malaysias leading multi national corporations which has more than 27,000 employees and has a combined market capitalisation of more than US$17Billion.
About Income Access
Emphasizing long-term, proactive relationships, Income Access works closely with affiliates and operators alike to help them succeed in the iGaming space. A leading provider of affiliate marketing solutions, Income Access both operates an affiliate network and offers unmatched affiliate marketing software. To date, Income Access has partnered with over 17,000 affiliates and 60 operators, including a variety of Sportsbook, Casino, Poker, Bingo, Mobile, and Softgames operators.
Source
Sunday, January 11, 2009
不受经济低迷影响 云顶国际如常注资狮城赌场
（八打灵再也8日讯）云顶有限公司（GENTING，3182，主板贸易服务组）的子公司云顶国际（Genting International plc）已在新加坡圣淘沙名胜世界休闲胜地计划（Resorts World at Sentosa）投资20亿新元（47亿5000万令吉）。其余融资将由去年4月取得的财团贷款提取。
迄今为止，云顶国际在该计划下的开支是30亿新元；即是已由财团贷款提取大约10亿新元。
在对The Edge财经日报的简报中，该计划公关副总裁吴凯思（译音）如是披露。他说：“我们首先注入资金，以反映对该计划的信心。”
该49公顷发展计划的融资三份之一来自证券，以及三分之二是贷款。注入20亿新元后，云顶集团基本上已兑现它的融资承诺。
云顶国际在2007年发售附加股筹集21亿7000万新元，成为该年在新加坡的最大筹集资金计划。筹集的资金主要将用来推行该发展计划。
吴氏说，由于已注入一半发展计划所需的投资，云顶集团将可取得赌场执照。
新加坡政府规定，注入至少一半的投资、完成至少一半的发展计划以及建筑面积后，云顶集团才可以申请赌场执照。
发出赌场执照后，该集团也必须在3年内注入承诺的全部发展投资。新加坡政府允许的赌场最大面积是1万5000平方公尺，较云顶高原赌场的大约9300平方公尺面积更大；而允许的博彩机器最多是2500架。
至于目前经济逆转是否会延误圣淘沙名胜世界休闲胜地的开幕时，吴氏说：“我们监督经济进展，目前改变计划仍然是过早。”
新加坡跌入更深的经济衰退。在2008年第4季萎缩12.5％是它的国内生产总值连续第3季萎缩。
虽然新加坡的经济展望黯淡，但是圣淘沙名胜世界的目标保持不变。它将制造1万个就业机会以及连带3万5000份工作，在第1年全面营业后预定吸引1500万名游客。
云顶集团预定在2010年第1季之前开放圣淘沙名胜世界的东区与中区，包括新加坡环球影城、4间酒店、赌场、餐厅以及零售商店。
Source
迄今为止，云顶国际在该计划下的开支是30亿新元；即是已由财团贷款提取大约10亿新元。
在对The Edge财经日报的简报中，该计划公关副总裁吴凯思（译音）如是披露。他说：“我们首先注入资金，以反映对该计划的信心。”
该49公顷发展计划的融资三份之一来自证券，以及三分之二是贷款。注入20亿新元后，云顶集团基本上已兑现它的融资承诺。
云顶国际在2007年发售附加股筹集21亿7000万新元，成为该年在新加坡的最大筹集资金计划。筹集的资金主要将用来推行该发展计划。
吴氏说，由于已注入一半发展计划所需的投资，云顶集团将可取得赌场执照。
新加坡政府规定，注入至少一半的投资、完成至少一半的发展计划以及建筑面积后，云顶集团才可以申请赌场执照。
发出赌场执照后，该集团也必须在3年内注入承诺的全部发展投资。新加坡政府允许的赌场最大面积是1万5000平方公尺，较云顶高原赌场的大约9300平方公尺面积更大；而允许的博彩机器最多是2500架。
至于目前经济逆转是否会延误圣淘沙名胜世界休闲胜地的开幕时，吴氏说：“我们监督经济进展，目前改变计划仍然是过早。”
新加坡跌入更深的经济衰退。在2008年第4季萎缩12.5％是它的国内生产总值连续第3季萎缩。
虽然新加坡的经济展望黯淡，但是圣淘沙名胜世界的目标保持不变。它将制造1万个就业机会以及连带3万5000份工作，在第1年全面营业后预定吸引1500万名游客。
云顶集团预定在2010年第1季之前开放圣淘沙名胜世界的东区与中区，包括新加坡环球影城、4间酒店、赌场、餐厅以及零售商店。
Source
利率下跌 更多屋主寻求重新贷款
[亚洲新闻网] 随着本地利率在过去几个月、迅速下滑，更多人准备将他们的房屋重新贷款，不过要顺利取得较低利率的贷款、并不容易。
世界各地政府为了振救国内的经济，先后削减利率。在一片减息的热浪中，我国的利率也节节下滑。
3个月期的银行同业拆息利率，已经从去年9月的2%、滑落到目前1%的水平下。
本地大多数房屋贷款利率的计算、是同银行同业拆息利率挂钩，因此许多屋主正在考虑重新安排房屋的贷款。
金融业者表示，假如屋主能够成功、重新安排房屋的贷款，一般上都可以节省上万元的利息。
根据业者的估计，过去3到6月，要求重新安排房屋贷款的申请，增加了大约50%。
不过由于银行现在对贷款申请的批准额外谨慎，加上产业价值的下跌，屋主要成功重新贷款、也不容易。
Source
世界各地政府为了振救国内的经济，先后削减利率。在一片减息的热浪中，我国的利率也节节下滑。
3个月期的银行同业拆息利率，已经从去年9月的2%、滑落到目前1%的水平下。
本地大多数房屋贷款利率的计算、是同银行同业拆息利率挂钩，因此许多屋主正在考虑重新安排房屋的贷款。
金融业者表示，假如屋主能够成功、重新安排房屋的贷款，一般上都可以节省上万元的利息。
根据业者的估计，过去3到6月，要求重新安排房屋贷款的申请，增加了大约50%。
不过由于银行现在对贷款申请的批准额外谨慎，加上产业价值的下跌，屋主要成功重新贷款、也不容易。
Source
Thursday, January 8, 2009
聖淘沙綜合度假村大馬人消費得起
（吉隆坡6日訊）定位為家庭式度假村的新加坡聖淘沙綜合度假村（Sentosa Integrated Resort ），集合多項娛樂元素，鐵定將在2010年初投入營運，並強調收費大眾化，大馬人消費得起！
雲頂國際旗下聖淘沙名勝世界（Resorts World at Sentosa）企業傳播助理副總監吳為強指出，聖淘沙綜合度假村是集合多項娛樂元素的娛樂城，打造家庭休閒目的地的度假村，大馬人為主要客戶目標群。
他今日到訪《中國報》時，受到本報執行總編輯陳漢光、執行編輯林明標及經濟組主任羅依薇接待。
環球影城成焦點
隨團前來者包括聖淘沙名勝世界企業傳播副總監巫翠蘭、雲頂（GENTING）企業事務副總裁林依玲、企業通訊助理經理林雪燕、名勝世界（RESORTS）公關與通訊部副總裁周庭亦，及媒體關係經理鍾瑩等。
吳為強指出，度假村將設有6大酒店，熱點包括東南亞首個環球影城（Universal Studios）主題公園、海洋生物園、水上樂園、海事博物館、享受優質SPA的ESPA等。
他說，若要享受及體驗度假村的所有設施，需至少待上5天。
“打著娛樂城的大方向，使我們有別于美國拉斯維加斯金沙集團（Las Vegas Sands）的濱海灣（Marina Bay）賭場綜合度假村，和澳門賭場。”
他指出，儘管聖淘沙綜合度假村設施和景點符合高水準，惟收費方面，大馬人消費得起。
吳為強指出，首季投入營運的項目，佔總計劃的60%至70%，包括4家酒店，並展望將在明年底或2011年初全面投入營運。
巫翠蘭說：“我們有信心達致早前設定每年引進1500萬遊客人次的目標。”
如期竣工有助招遊客製造4.5萬就業機會
在經濟不景氣和裁員風掀起之際，新加坡聖淘沙綜合度假村捎來兩大喜訊，包括將製造4萬個5000個就業機會，以及計劃如期竣工有助吸引更多遊客。
吳為強指出，裁員風刮起，聖淘沙綜合度假村卻在這非常時期，捎來好消息，預計將製造1萬個直接就業機會。
“該計劃也將連帶貢獻3萬5000份工作，包括外包等。”
吳為強指出，儘管經濟不景，公司卻不打算暫擱計劃，決定如期竣工。
“隨度假村正式營業后，集合東南亞其它地區和國家的主題樂園，包括香港迪斯尼樂園或即將將柔佛興建的Legoland等的力量，冀望將吸引更多旅客前往東南亞旅遊。”
Source
雲頂國際旗下聖淘沙名勝世界（Resorts World at Sentosa）企業傳播助理副總監吳為強指出，聖淘沙綜合度假村是集合多項娛樂元素的娛樂城，打造家庭休閒目的地的度假村，大馬人為主要客戶目標群。
他今日到訪《中國報》時，受到本報執行總編輯陳漢光、執行編輯林明標及經濟組主任羅依薇接待。
環球影城成焦點
隨團前來者包括聖淘沙名勝世界企業傳播副總監巫翠蘭、雲頂（GENTING）企業事務副總裁林依玲、企業通訊助理經理林雪燕、名勝世界（RESORTS）公關與通訊部副總裁周庭亦，及媒體關係經理鍾瑩等。
吳為強指出，度假村將設有6大酒店，熱點包括東南亞首個環球影城（Universal Studios）主題公園、海洋生物園、水上樂園、海事博物館、享受優質SPA的ESPA等。
他說，若要享受及體驗度假村的所有設施，需至少待上5天。
“打著娛樂城的大方向，使我們有別于美國拉斯維加斯金沙集團（Las Vegas Sands）的濱海灣（Marina Bay）賭場綜合度假村，和澳門賭場。”
他指出，儘管聖淘沙綜合度假村設施和景點符合高水準，惟收費方面，大馬人消費得起。
吳為強指出，首季投入營運的項目，佔總計劃的60%至70%，包括4家酒店，並展望將在明年底或2011年初全面投入營運。
巫翠蘭說：“我們有信心達致早前設定每年引進1500萬遊客人次的目標。”
如期竣工有助招遊客製造4.5萬就業機會
在經濟不景氣和裁員風掀起之際，新加坡聖淘沙綜合度假村捎來兩大喜訊，包括將製造4萬個5000個就業機會，以及計劃如期竣工有助吸引更多遊客。
吳為強指出，裁員風刮起，聖淘沙綜合度假村卻在這非常時期，捎來好消息，預計將製造1萬個直接就業機會。
“該計劃也將連帶貢獻3萬5000份工作，包括外包等。”
吳為強指出，儘管經濟不景，公司卻不打算暫擱計劃，決定如期竣工。
“隨度假村正式營業后，集合東南亞其它地區和國家的主題樂園，包括香港迪斯尼樂園或即將將柔佛興建的Legoland等的力量，冀望將吸引更多旅客前往東南亞旅遊。”
Source
08-01-2009: GIL fulfils obligation in funding casino
PETALING JAYA: Genting International plc (GIL), a subsidiary of Genting Bhd, has forked out S$2 billion (RM4.75 billion), which is the total equity portion, in the funding of the S$6 billion Resorts World at Sentosa (RWS) project in Singapore.
RWS vice-president of communications Krist Boo said that the remaining sum for the project would be drawn down from a syndicated loan which was secured in April last year.
So far GIL has spent S$3 billion on the project, which means there is already a drawdown of some S$1 billion from the syndicated loan.
The 49ha RWS development is funded one-third by equity and two-thirds by borrowings. With the S$2 billion already spent in the project, the Genting group had essentially fully committed the portion of funding using its own equity, she said.
“We poured in our own money first to reflect our confidence in the project,” Boo said at a briefing to The Edge Financial Daily here yesterday.
GIL managed to raise S$2.17 billion in September 2007 from a rights issue that was the largest equity fund raising exercise in Singapore during the year. The money raised is principally for the development of RWS.
Boo said the group was on track to obtain the casino licence, as it had committed half of the project’s total investment.
Under the Singapore government’s request, Genting can apply for the casino licence only when at least half of the committed investment had been expended, at least half of the proposed development area had been completed, and at least half of the proposed gross floor area had been completed.
The group is also required to expend 100% of its committed development investment three years after the casino licence has been issued.
The maximum floor area of the casino allowed by the Singapore government is 15,000 square metres (sq m), which is more than Genting Highland’s casino floor area of some 9,300 sq m, while the maximum number of gaming machines allowed is 2,500.
Asked if the current economic downturn would delay the opening of RWS, Boo said: “We are watching the economy. It is still too early to change our projections.”
Singapore sank deeper into recession after posting a 12.5% contraction in its economy in the fourth quarter (4Q) of 2008 – the third consecutive quarter it saw shrinking gross domestic product.
Boo said RWS was sticking to its targets of hiring 10,000 direct employees and 35,000 indirect workers, as well as attracting 15 million visitors in its first year of full operations, despite the gloomy outlook on Singapore’s economy.
Genting has targeted to open the east and central zones of RWS, including Universal Studios Singapore, four hotels, a casino and the dining and retail outlets, by 1Q2010.
The west zone of RWS, including a marine life park and spa village, would be opened “progressively”, she added, but no decision had been made on the definite deadline.
Source
RWS vice-president of communications Krist Boo said that the remaining sum for the project would be drawn down from a syndicated loan which was secured in April last year.
So far GIL has spent S$3 billion on the project, which means there is already a drawdown of some S$1 billion from the syndicated loan.
The 49ha RWS development is funded one-third by equity and two-thirds by borrowings. With the S$2 billion already spent in the project, the Genting group had essentially fully committed the portion of funding using its own equity, she said.
“We poured in our own money first to reflect our confidence in the project,” Boo said at a briefing to The Edge Financial Daily here yesterday.
GIL managed to raise S$2.17 billion in September 2007 from a rights issue that was the largest equity fund raising exercise in Singapore during the year. The money raised is principally for the development of RWS.
Boo said the group was on track to obtain the casino licence, as it had committed half of the project’s total investment.
Under the Singapore government’s request, Genting can apply for the casino licence only when at least half of the committed investment had been expended, at least half of the proposed development area had been completed, and at least half of the proposed gross floor area had been completed.
The group is also required to expend 100% of its committed development investment three years after the casino licence has been issued.
The maximum floor area of the casino allowed by the Singapore government is 15,000 square metres (sq m), which is more than Genting Highland’s casino floor area of some 9,300 sq m, while the maximum number of gaming machines allowed is 2,500.
Asked if the current economic downturn would delay the opening of RWS, Boo said: “We are watching the economy. It is still too early to change our projections.”
Singapore sank deeper into recession after posting a 12.5% contraction in its economy in the fourth quarter (4Q) of 2008 – the third consecutive quarter it saw shrinking gross domestic product.
Boo said RWS was sticking to its targets of hiring 10,000 direct employees and 35,000 indirect workers, as well as attracting 15 million visitors in its first year of full operations, despite the gloomy outlook on Singapore’s economy.
Genting has targeted to open the east and central zones of RWS, including Universal Studios Singapore, four hotels, a casino and the dining and retail outlets, by 1Q2010.
The west zone of RWS, including a marine life park and spa village, would be opened “progressively”, she added, but no decision had been made on the definite deadline.
Source
Tuesday, January 6, 2009
Resorts World at Sentosa to open in 2010
PETALING JAYA: Genting International plc’s unit Resorts World at Sentosa Pte Ltd will embark on an aggressive marketing campaign to build awareness about its integrated resort in Sentosa Island slated to open in 2010.
Assistant vice-president Robin Goh said the company would be “casting its net far” and aggressively promoting the resort to Malaysia, China, India, Indonesia and Thailand.
“It will be robust as we have one year to the opening of our doors,” he told StarBiz.
While he did not elaborate on the amount allocated for the awareness campaign, he said it would be a “sizeable amount running into the millions.”
He said the advertising blueprint was still being reviewed.
“We will be heavy on advertising, be it basic or supporting media. We will organise roadshows and take part in trade shows organised by ourselves or parent company Genting.
“Of course by the second half of 2009, we will reveal our hotel and ride rates,” he said.
Goh said the company was forging ahead with confidence despite the lacklustre economy. “We need good reason for people to come to this part of the world,” he said.
The 49ha mega resort is on track to welcoming 15 million visitors in its first year of operations.
The S$6bil Resorts World at Sentosa, developed by Genting International, will boast the first and only Universal Studios theme park in South-East Asia, Marine Life Park, Maritime Xperiential Museum and six world-class hotels.
Goh said the first four hotels to open would be Hotel Michael, Maxims Tower, The Hard Rock Hotel and Festive Hotel.
Source
Assistant vice-president Robin Goh said the company would be “casting its net far” and aggressively promoting the resort to Malaysia, China, India, Indonesia and Thailand.
“It will be robust as we have one year to the opening of our doors,” he told StarBiz.
While he did not elaborate on the amount allocated for the awareness campaign, he said it would be a “sizeable amount running into the millions.”
He said the advertising blueprint was still being reviewed.
“We will be heavy on advertising, be it basic or supporting media. We will organise roadshows and take part in trade shows organised by ourselves or parent company Genting.
“Of course by the second half of 2009, we will reveal our hotel and ride rates,” he said.
Goh said the company was forging ahead with confidence despite the lacklustre economy. “We need good reason for people to come to this part of the world,” he said.
The 49ha mega resort is on track to welcoming 15 million visitors in its first year of operations.
The S$6bil Resorts World at Sentosa, developed by Genting International, will boast the first and only Universal Studios theme park in South-East Asia, Marine Life Park, Maritime Xperiential Museum and six world-class hotels.
Goh said the first four hotels to open would be Hotel Michael, Maxims Tower, The Hard Rock Hotel and Festive Hotel.
Source
Monday, December 29, 2008
Depa JV wins Dhs118m contract for fit-out works in landmark resort in Singapore
Depa Limited 'ticker DEPA', the world's largest interior contractor, today announces that its joint venture, DDS Contracts & Interior Solutions Pte Ltd 'DDS', has won an Dhs118m contract for the fit-out works of an entertainment venue at Resorts World 'RWS' an integrated holiday resort on the popular island of Sentosa, Singapore.
Mr. Mohannad Sweid, CEO of Depa, commented:
'DDS has made outstanding progress in the Singaporean market and we believe that it will continue to win the most prestigious landmark hotel, lifestyle and commercial projects in the future. Like Depa, DDS is establishing a reputation as a leading player that prides itself in its ability to work on selected projects and deliver them on time and on budget.'
RWS is one of Singapore's two integrated resorts and is located on the island of Sentosa which is visited by some five million people a year. Expected to be one of the world's most exciting family destinations, RWS will be a collection of resorts with a wide range of attractions for families. Spanning 49 hectares, this Dhs15bn mega-resort will be home to Southeast Asia's first and only Universal Studios theme park, the world's largest oceanarium and the region's first integrated destination spa.
DDS has been contracted to provide interior design fit-out works and services including the supply of furniture for the 15,000 square meters entertainment venue in the luxury hotel, Maxim Residences.
Mr. Bernard Lim, CEO of DDS and Design Studio, said:
'Resorts World at Sentosa will transform the landscape of Singapore when completed. We are proud to be associated with this exciting destination and look forward in bringing our expertise to the project. Our ability to secure good quality projects speaks volumes of the Company's capabilities. We will build on this track record and continue to explore similar high end projects within the region.'
DDS, in which Depa holds 55% and Design Studio 45%, is a specialist company well-positioned to become a significant player offering comprehensive fit-out services, including turnkey and retrofitting services, to new and existing hospitality and commercial projects. The joint venture targets interior contracts in the hospitality & commercial segments within Singapore, Malaysia, Thailand, Indonesia and Vietnam. This contract is expected to contribute positively to Design Studio's and Depa's financial performance for FY2009 / 2010.
Source
Mr. Mohannad Sweid, CEO of Depa, commented:
'DDS has made outstanding progress in the Singaporean market and we believe that it will continue to win the most prestigious landmark hotel, lifestyle and commercial projects in the future. Like Depa, DDS is establishing a reputation as a leading player that prides itself in its ability to work on selected projects and deliver them on time and on budget.'
RWS is one of Singapore's two integrated resorts and is located on the island of Sentosa which is visited by some five million people a year. Expected to be one of the world's most exciting family destinations, RWS will be a collection of resorts with a wide range of attractions for families. Spanning 49 hectares, this Dhs15bn mega-resort will be home to Southeast Asia's first and only Universal Studios theme park, the world's largest oceanarium and the region's first integrated destination spa.
DDS has been contracted to provide interior design fit-out works and services including the supply of furniture for the 15,000 square meters entertainment venue in the luxury hotel, Maxim Residences.
Mr. Bernard Lim, CEO of DDS and Design Studio, said:
'Resorts World at Sentosa will transform the landscape of Singapore when completed. We are proud to be associated with this exciting destination and look forward in bringing our expertise to the project. Our ability to secure good quality projects speaks volumes of the Company's capabilities. We will build on this track record and continue to explore similar high end projects within the region.'
DDS, in which Depa holds 55% and Design Studio 45%, is a specialist company well-positioned to become a significant player offering comprehensive fit-out services, including turnkey and retrofitting services, to new and existing hospitality and commercial projects. The joint venture targets interior contracts in the hospitality & commercial segments within Singapore, Malaysia, Thailand, Indonesia and Vietnam. This contract is expected to contribute positively to Design Studio's and Depa's financial performance for FY2009 / 2010.
Source
ST Engineering's Electronics Arm Wins S$86M Integrated Resort Contracts
Singapore, 29 December 2008 - Singapore Technologies Engineering Ltd (ST Engineering), today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has been awarded contracts worth about S$86m to provide an Integrated Security System, an IT Infrastructure System and a Carpark Guidance & Payment System to Resorts World at Sentosa (RWS) on Sentosa.
The contracts were awarded through ST Electronics' subsidiary, ST Electronics (Info-Comm Systems) Pte. Ltd.These contracts are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.
The award of the contracts marks a milestone for ST Electronics as it is the company's first major win from an Integrated Resort.
Work begins immediately and ST Electronics will deliver the systems for RWS on Sentosa over the next 24 months.
It will provide project management, system integration, site management and test and commission the three systems - Integrated Security System, IT Infrastructure System and Carpark Guidance & Payment System.
The Integrated Security System will provide integrated surveillance and video monitoring of RWS' facilities and attractions, including its casino, as well as Universal Studios Singapore.
The centrally managed system will ensure that daily security operations progress seamlessly and efficiently.
The IT Infrastructure System will comprise the network infrastructure system, the structured cabling system and the building of data centres to support the data, video and audio transmission requirements of RWS.The Carpark Guidance and Payment System will provide guidance information and direct vehicles to vacant lots based on a zonal approach.
This system is coupled with an electronic payment system to handle carpark fee collections.
"The security and efficiency that will result from this system provided by ST Electronics will be translated to enhancing the guest experience when Resorts World at Sentosa opens to 15 million visitors in its first year of operations." ~ Michael CHIN, Executive Vice President, Projects, Resorts World at Sentosa
"As a leading solutions provider in integrated security systems and infrastructure, we are delighted to win this series of contracts that brings together our proven technologies, related services and expertise to benefit Resorts World at Sentosa (RWS), a world-class Singapore Integrated Resort.
These comprehensive systems will provide a safe and secure environment that will make RWS a great place for entertainment, edutainment and leisure." ~ SEAH Moon Ming, President, ST ElectronicsST Electronics has significant expertise in intelligent building management and security solutions. Some of its projects include the Dubai Festival City; Thai Airways Security Centre; Beijing's Capital Museum, Singapore Management University and Capital Tower. ST Electronics' carpark management systems is currently implemented in the Esplanade, Plaza Singapura, Tampines Mall, CapitaMall Trust, IMM and Bugis Junction.
It has also established large-scale info-communication network for the Maldives Government and the Singapore Prison Service's Changi Prison Complex Cluster B.
Source
The contracts were awarded through ST Electronics' subsidiary, ST Electronics (Info-Comm Systems) Pte. Ltd.These contracts are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.
The award of the contracts marks a milestone for ST Electronics as it is the company's first major win from an Integrated Resort.
Work begins immediately and ST Electronics will deliver the systems for RWS on Sentosa over the next 24 months.
It will provide project management, system integration, site management and test and commission the three systems - Integrated Security System, IT Infrastructure System and Carpark Guidance & Payment System.
The Integrated Security System will provide integrated surveillance and video monitoring of RWS' facilities and attractions, including its casino, as well as Universal Studios Singapore.
The centrally managed system will ensure that daily security operations progress seamlessly and efficiently.
The IT Infrastructure System will comprise the network infrastructure system, the structured cabling system and the building of data centres to support the data, video and audio transmission requirements of RWS.The Carpark Guidance and Payment System will provide guidance information and direct vehicles to vacant lots based on a zonal approach.
This system is coupled with an electronic payment system to handle carpark fee collections.
"The security and efficiency that will result from this system provided by ST Electronics will be translated to enhancing the guest experience when Resorts World at Sentosa opens to 15 million visitors in its first year of operations." ~ Michael CHIN, Executive Vice President, Projects, Resorts World at Sentosa
"As a leading solutions provider in integrated security systems and infrastructure, we are delighted to win this series of contracts that brings together our proven technologies, related services and expertise to benefit Resorts World at Sentosa (RWS), a world-class Singapore Integrated Resort.
These comprehensive systems will provide a safe and secure environment that will make RWS a great place for entertainment, edutainment and leisure." ~ SEAH Moon Ming, President, ST ElectronicsST Electronics has significant expertise in intelligent building management and security solutions. Some of its projects include the Dubai Festival City; Thai Airways Security Centre; Beijing's Capital Museum, Singapore Management University and Capital Tower. ST Electronics' carpark management systems is currently implemented in the Esplanade, Plaza Singapura, Tampines Mall, CapitaMall Trust, IMM and Bugis Junction.
It has also established large-scale info-communication network for the Maldives Government and the Singapore Prison Service's Changi Prison Complex Cluster B.
Source
Sunday, December 28, 2008
Premier Rides Tapped to Build Mummy Ride for Universal Singapore
Sentosa, Singapore, (Premier Rides) - Resorts World at Sentosa, a wholly owned subsidiary of Genting International P.L.C., has announced that Premier Rides, Inc. has been awarded the contract to build the ride equipment for The Revenge of The Mummy attraction at Universal Studios Singapore, which is presently under construction.
The award, one of the largest ride contracts associated with the new theme park project, has a contract value of over $20 million USD. The Revenge of the Mummy is one of Universal’s signature ride attractions having already debuted at Universal Studios Florida and Universal Studios Hollywood.
Genting International is building a world class gaming and destination resort on Sentosa Island, Singapore and Universal Studios Singapore will be a key element of the development.
Mr. Tan Hee Teck, CEO of Resorts World Sentosa said, “We are excited to have Premier as one of our key suppliers. Their experience on this attraction will ensure a successful opening of the ride.” Jim Seay, President of Premier Rides, adds, “Genting International is one of the most highly regarded companies in Asia in multiple fields, including entertainment, and it is an honor for Premier to have been selected to provide the equipment for such a prestigious project.
We look forward to teaming with Genting International on this amazing ride attraction and look forward to its success."“The Revenge of the Mummy is consistently recognized as one of the top attractions at both Universal Studios Florida and Universal Studios Hollywood and we look forward to guests of Universal Studios Singapore being able to experience this one of a kind attraction,” Mr. Seay said. Premier was the supplier of the ride equipment for both the Universal Studios’ installations in the United States.
Universal Studios Singapore is scheduled to open at the end of 2009.
Source
The award, one of the largest ride contracts associated with the new theme park project, has a contract value of over $20 million USD. The Revenge of the Mummy is one of Universal’s signature ride attractions having already debuted at Universal Studios Florida and Universal Studios Hollywood.
Genting International is building a world class gaming and destination resort on Sentosa Island, Singapore and Universal Studios Singapore will be a key element of the development.
Mr. Tan Hee Teck, CEO of Resorts World Sentosa said, “We are excited to have Premier as one of our key suppliers. Their experience on this attraction will ensure a successful opening of the ride.” Jim Seay, President of Premier Rides, adds, “Genting International is one of the most highly regarded companies in Asia in multiple fields, including entertainment, and it is an honor for Premier to have been selected to provide the equipment for such a prestigious project.
We look forward to teaming with Genting International on this amazing ride attraction and look forward to its success."“The Revenge of the Mummy is consistently recognized as one of the top attractions at both Universal Studios Florida and Universal Studios Hollywood and we look forward to guests of Universal Studios Singapore being able to experience this one of a kind attraction,” Mr. Seay said. Premier was the supplier of the ride equipment for both the Universal Studios’ installations in the United States.
Universal Studios Singapore is scheduled to open at the end of 2009.
Source
Tuesday, December 23, 2008
Star Cruises invests US$550,000 for the world’s first onboard stainless steel water slide on Superstar Virgo
Star Cruises, the third largest cruise operator in the world is proud to present the world’s first stainless steel water slide on a cruise ship on SuperStar Virgo.
Costing a whopping US$550,000, the superstructure will be installed on the luxurious liner during her dry dock in January 2009.
Mr. Michael Goh, Senior Vice President of Sales of Star Cruises said, “We are very excited about the new gigantic water slide which is to be installed on the SuperStar Virgo.
We believe in giving our cruisers the best cruise experiences; this latest feature is part of our continuous effort to upgrade our products and services to provide our cruisers with more endless fun times and values onboard.
As it is the first of its kind on a cruise ship, it will be something that all cruisers can look forward to. The 100-meter slide will be completed by the end of January 2009, and it promises lots of fun splashes on board our largest ship in the Asian fleet.”The gigantic slide is a product by Wiegan Maelzer, the supplier to water parks world-wide.
The 100-meter slide will go up to 10.54 meters above the deck and with an average inclination of 10%, it will offer sliders a maximum speed of 7 meters per second.
Together with a spectacular 5m long glass tube at 25m above the ocean surface, sliders will experience the thrill of flying above the ocean.
The 25 % inclination towards the end will further accelerate the slider up to a speed of 25km per hour before splashing into the water break.
Source
Costing a whopping US$550,000, the superstructure will be installed on the luxurious liner during her dry dock in January 2009.
Mr. Michael Goh, Senior Vice President of Sales of Star Cruises said, “We are very excited about the new gigantic water slide which is to be installed on the SuperStar Virgo.
We believe in giving our cruisers the best cruise experiences; this latest feature is part of our continuous effort to upgrade our products and services to provide our cruisers with more endless fun times and values onboard.
As it is the first of its kind on a cruise ship, it will be something that all cruisers can look forward to. The 100-meter slide will be completed by the end of January 2009, and it promises lots of fun splashes on board our largest ship in the Asian fleet.”The gigantic slide is a product by Wiegan Maelzer, the supplier to water parks world-wide.
The 100-meter slide will go up to 10.54 meters above the deck and with an average inclination of 10%, it will offer sliders a maximum speed of 7 meters per second.
Together with a spectacular 5m long glass tube at 25m above the ocean surface, sliders will experience the thrill of flying above the ocean.
The 25 % inclination towards the end will further accelerate the slider up to a speed of 25km per hour before splashing into the water break.
Source
Monday, December 22, 2008
Friday, December 19, 2008
STX Europe says NCL halves cruise ship order
OSLO, Dec 18 (Reuters) - Star Cruises unit Norwegian Cruise Line (NCL) has cancelled its order for a second "F3" cruise ship from shipbuilding group STX Europe , but will move ahead with the first order, STX said on Thursday.
The remaining 150,000 ton F3 cruise ship, which will be built by STX Europe's French shipyard, will carry a total of 4,200 passenger. Delivery is expected in late May 2010, as originally scheduled, STX said.
"The planned second vessel, currently only in the preparatory stages, will not be built," STX Europe, a unit of STX Shipbuilding <067250.ks>, said in a statement.
"With this agreement, we can all focus on completing the new vessel successfully," Chief Executive of NCL, Kevin Sheehan, said in the statement.
"We, along with our subcontractors, will now make the necessary adjustments to our plans for this project," head of STX France Cruise, Jacques Hardelay, said.
STX Europe has 15 shipyards in Finland, France, Norway, Romania, Brazil and Vietnam, and is a part owner of three yards in Germany and Ukraine.
The remaining 150,000 ton F3 cruise ship, which will be built by STX Europe's French shipyard, will carry a total of 4,200 passenger. Delivery is expected in late May 2010, as originally scheduled, STX said.
"The planned second vessel, currently only in the preparatory stages, will not be built," STX Europe, a unit of STX Shipbuilding <067250.ks>, said in a statement.
"With this agreement, we can all focus on completing the new vessel successfully," Chief Executive of NCL, Kevin Sheehan, said in the statement.
"We, along with our subcontractors, will now make the necessary adjustments to our plans for this project," head of STX France Cruise, Jacques Hardelay, said.
STX Europe has 15 shipyards in Finland, France, Norway, Romania, Brazil and Vietnam, and is a part owner of three yards in Germany and Ukraine.
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