Phillip Securities Research in a Jan 14 research report says: “Genting Singapore is an investment holding company for Resorts World Singapore (RWS). Genting principal activities include casino operations, operation and management of integrated resort, international sales and marketing services as well as IT application related services.
Posts Tagged ‘PLC’
Temasek said to hire banks for global bond investor meetings
January 10th, 2011 |
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Temasek Holdings, the Singapore state-owned investment company, hired HSBC Holdings Plc, Standard Chartered Plc and UBS AG to help it organize meetings with credit investors, according to a person familiar with the matter.
The investor update meetings, which start this week, will take place in mainland China, Taipei, Chicago, Switzerland and Germany, the person said, asking not to be identified as details are private.
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Singtel said to hire three banks for credit investor meetings
November 16th, 2010 |
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Singapore Telecommunications, Southeast Asia’s biggest telephone company, hired Barclays Plc, HSBC Holdings Plc and Morgan Stanley to help it organise a series of meetings with credit investors, according to a person familiar with the matter.
The meetings, held in Asia and in Europe, finish today, the person said, asking not to be identified as details are private.
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Millennium & Copthorne Hotels plc puts up Tanglin Shopping Centre for collective sale
June 16th, 2010 |
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Millennium & Copthorne Hotels plc says wholly-owned subsidiary, King’s Tanglin Shopping Pte Ltd (KTSPL), has signed a collective sales agreement with respect to its strata-titled interest in Tanglin Shopping Centre, a shopping-cum-office development situated at Tanglin Road within the Orchard Road tourist district of Singapore.
Genting Singapore Plc rated buy
May 27th, 2010 |
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OCBC Investment Research in a May 27 research report says: “Genting Singapore (GS) – which recently posted a much stronger-than-expected set of 1Q10 results – should continue to do well, buoyed by the strong influx of tourists into Singapore.
Shell’s petrochemical plant part of growth plan, Voser says
May 4th, 2010 |
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Royal Dutch Shell Plc’s petrochemical plant that was officially opened in Singapore today is part of the company’s growth plan, Chief Executive Officer Peter Voser said.
Petrochemical demand will catch up with the increase in cracking capacity, he said.
The company has reviewed its safety measures after an oil spill from a BP Plc field in the Gulf of Mexico, according to Voser.
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Prudential Plc, AIG CEOs meet Asia staff; talk AIA future, jobs
March 4th, 2010 |
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Any job losses from Prudential Plc’s (PRU.L) planned US$35.5 billion ($49.7 billion) acquisition of American International Group’s (AIG.N) Asian insurance arm will be mainly in back-office operations and not among sales forces, the companies’ CEOs told staff in Asia, sources said.
Prudential CEO Tidjane Thiam and his AIG counterpart Robert Benmosche are leading a series of ‘town hall’ meetings across Asia that aim to allay concerns among staff of both companies.
Genting Singapore PLC – Corporate moves
March 2nd, 2010 |
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Tan Hee Teck has been appointed director/president/COO/audit committee member wef Feb 19
Work experience: President/COO (designate), Genting Singapore PLC; CEO, Resorts World at Sentosa Pte Ltd; director, Resorts World at Sentosa Pte Ltd
Genting Singapore Plc rated hold
February 23rd, 2010 |
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DBS Vickers Securities in a Feb 22 research report says: “4Q09 registered $10 million net loss (ex-exceptionals), bringing full year net loss to $39 million (FY2008: $6.4 million profit).
Genting Singapore Plc rated trading buy
January 28th, 2010 |
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CIMB in a Jan 27 research report says: “We came away from our half-day tour of Resorts World Sentosa (RWS) feeling generally impressed – (i) The four hotels will cater to different customer segments; (ii) Universal Studios Singapore (USS) will be a major attraction and (iii) the casino is well designed to target the typical Asian punters.
Genting Singapore PLC – Corporate moves
December 23rd, 2009 |
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Tan Hee Teck has been appointed president/COO (Designate) wef Jan 1, 2010
Work experience: CEO/director, Resorts World at Sentosa Pte. Ltd; CFO, Genting Singapore PLC
Lee Shi Ruh has been appointed CFO wef Jan 1, 2010
Work experience: VP, finance, Genting Malaysia Bhd
Genting Singapore Plc rated trading buy
December 18th, 2009 |
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CIMB in a Dec 16 research report says: “Genting Singapore’s UK arm has been selected as the new casino operator of The Nile Ritz Carlton Hotel in Cairo for an initial period of 10 years. This news caught us by surprise. But given Genting UK’s pure operator role with minimal capex requirement, we believe this is simply an opportunity for the group to test waters in the Egyptian market.
Genting Singapore Plc rated trading buy
November 20th, 2009 |
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CIMB in a Nov 19 research report says: “Yesterday, Resorts World Sentosa (RWS) announced ticket prices for Universal Studios Singapore (USS) as well as hotel room rates, starting from $400/room/night. We derive a blended average ticket price of $65/day for USS, slightly below our earlier $70 estimate. But we believe there is room for upside surprises on the back of:
US food company Kraft makes US$16.7 billion bid for UK’s Cadbury PLC
September 8th, 2009 |
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Kraft Foods Inc. has proposed to take over Cadbury PLC for 10.2 billion pounds (US$16.7 billion), an offer that was immediately rejected by the British confectioner. Kraft, whose brands include Philadelphia cream cheese, said Monday it had proposed paying 300 pence in cash and 0.2589 new
Genting posts 2Q net loss of $50.7m
August 7th, 2009 |
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Genting Singapore Plc. said it had a second-quarter net loss of $50.7 million on sales of $120.1 million, according to a statement to the Singapore stock exchange today. The loss per share was 0.53 cents for the period.
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