Tumbling ringgit raises stakes for budget gamblers in Singapore
SINGAPORE (Reuters) - The Malaysian ringgits fall to 17-year lows against the Singapore dollar will limit the Republics mass-market gaming revenues even after the opening of Genting Singapores new hotel in Jurong, close to Malaysias border.
Genting Singapore (AD, TP:S$1.22) - Positive read-through.
Genting Hotel Jurong will be open in 2Q15, which we estimate will add 5-7% in mass gaming visitation at RWS and allow it to regain some market share from MBS in the mass segment. Positive newsflow on Resorts World��.
New Genting Hotel in Jurong to open on Apr 30
Located along Jurong Town Hall Road, Genting Hotel Jurong is a 15-storey, 557-room hotel tower that will not only be close to popular shopping malls like Jem and JCube, but also near the International Business Park, and the Jurong East Bus Terminal and .
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Genting Singapores new 550-room hotel in the Jurong Lake District, Genting Hotel Jurong, is expected to be opened from May 2015 onward. For some perspective, my colleague Chong Ser Jing had previously noted that��.
A Better Tourism Dividend Stock: Genting Singapore PLC or Straco Corporation.
The resort operator also has other tricks up its sleeve to boost growth, such as the planned opening of a new 550-room hotel in the Jurong Lake District in Singapore in the second quarter of this year. Resorts World Sentosa currently has more than 1.
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Genting Singapore said its Jurong hotel development is on schedule to open in the middle of next year. Through its subsidiary Tamerton, it had lodged a record bid for the site in Jurong East in 2012. Located between the Malaysia-Singapore Second Link.
Jurong East - shoppers haven in the west
I think the opening of the hotel and hospital will help my business in the future. This area has good potential. Genting Singapore Hotel and Jurong Community Hospital are slated to open this year. Jurong Easts prospects look bright: Leasing demand.
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According to the Singapore Business Review, the hotels ���[s]lated to open in the first half of 2015��� and the development is actually ���the first hotel to open in the Jurong Lake District which has been earmarked by Singapores Urban Redevelopment.
*** GENTING HOTEL JURONG - 2 Town Hall Link, Singapore.
Genting Hotel Jurong, Singapore. See 1 Photos of Genting Hotel Jurong. Compare prices and reviews of Genting Hotel Jurong and for all the accommodations in Singapore with Cooneelee United States.
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This fundraising round by Genting Singapore is aligned with expansion strategy, as it seeks to diversify its portfolio of assets away from the Sentosa integrated resort, with a planned 550-room hotel in the Jurong Lake district scheduled for opening in.
Job fair offers 500 positions at Jurong Lake District
Three of the main companies involved in the development - Ng Teng Fong General Hospital, Genting Hotel Jurong and Big Box - also offered training opportunities and flexible working hours to cater for stay-at-home mothers and mature workers looking to .
Genting Singapore to develop new hotel in Jurong
Artists impression of Genting Singapores latest hospitality development, slated to be the first hotel to open in Singapores Jurong Lake District in 2015. (Photo: Genting Singapore). SINGAPORE: Genting Singapore broke��.
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Arena Suites Address: 511 Upper Jurong Road, Jurong, Singapore 638366. Phone: +65 6867 6867. Rooms: 23. Stars: 3. Agoda Rating: 7.2. Price: Start from $ 172.18. Genting Hotel Jurong Address: 2 Town Hall Link, Jurong,��.
Is This a Road Block for Genting Singapores Growth Plans?
. project in South Korea, Genting Singapore is also looking at Japan as a possible avenue for growth with the proposed gaming legislation to legalize casinos in the country. Furthermore, the company is also developing a Genting Hotel in Singapores.
Stocks In Focus SG (Dyna-Mac Hldgs, Ezra Hldgs, Genting.
Genting Singapore To Build New Hotel In Growth Precinct ��� Jurong Lake Genting Singapore (GS) broke ground on what is slated to be the first hotel to open in the Jurong Lake District yesterday. The hotel to be built on a 0.9��.
Work starts on Jurong Lake District hotel
http://www.straitstimes.com/premium/money/story/work-starts-jurong-lake-district-hotel-20130712 Work starts on Jurong Lake District hotel Gentings seventh hotel here sited in new business-leisure hub Published on Jul 12,��.
Things you probably didnt know about Jurong
Jurong is a melting pot of the new and the old, an area that is brimming with as many exciting developments as it is with fragments of its rich and colourful history. eastern Jurong ��� collectively called Jurong East ��� is the subject of relentless.
Genting Singapore breaks ground for Jurong hotel - Discuss.
SINGAPORE - Genting Singapore last Thursday broke ground on what is slated to be the first hotel to open in the Jurong Lake District. Scheduled to open in the first half of 2015, the 550-room hotel will have a contemporary��.
Hotels Near Jurong East MRT Singapore | Booking Cheap.
Here are some hotels near Jurong East MRT Singapore that you can choose to stay when on holiday to Singapore. Genting Hotel Jurong Address: 2 Town Hall Link, Jurong, Singapore 608516. Phone: Rooms: Stars: 3.5
Soft launch of Genting Hotel Jurong this month
The 557-room Genting Hotel Jurong, located in Jurong Town Hall Road, will soft launch by April 30, with the grand opening slated for May 27. The first major hotel project in the Jurong Lake District, it is close to the International Business Park, the.
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GENS remains an Add, with overseas expansion as the key re-rating catalyst, while the opening of Genting Hotel Jurong in mid-2015 will provide downside protection to mass GGR at GENSs Resorts World Sentosa (RWS).
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Genting said the mass gaming segments displayed respectable growth during the quarter, while the attractions at RWS continued to achieve daily average visitation of 20,000. The hotel segment registered an occupancy rate of 93 per cent with average.
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Gentings Jurong hotel development is on schedule to open in the middle of next year. Through its subsidiary Tamerton, it had lodged a record bid for the site in Jurong East in 2012. Located between the Malaysia-Singapore��.
Stocks In Focus MY (Genting, Maybank, Telekom Msia) ��� 27.
. share for 4Q14. Going forward, Genting Malaysias performance is likely to be affected by the ongoing construction while Genting Singapores results could be boosted by the opening of the new Genting Hotel Jurong in May.
Genting plans Jurong hotel and new rides at theme park
A mass-market hotel boasting up to 500 rooms is being planned for 2015 in Jurong East, while two new attractions will be opened at the resorts Universal Stu-dios Singapore theme park. The Genting Group spoke of its ambitions to expand into the region.
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. Kim Eng Holdings Ltd. believes ���growth will be stable in the coming quarters,��� supported by increasing mass-gaming market revenue and the opening of Gentings new hotel in the western Singapore town of Jurong.
Genting plans Jurong hotel and new rides at them par
As Reports World sentosa (RWS) became fully operational yesterday, the company behind it announced bold plans to��� further boost its booming tourist trad. A mass market hotel boasting up to 500 rooms is being planned for��.
Genting Singapore tips 2Q15 for Jeju start
���The [about] 500 room Jurong Lake Hotel is due for soft launch in the second quarter of 2015, and should increase the groups room inventory to [about] 2,000,��� said the note, adding that Genting Singapores management hopes to drive increased.
Investors Corner (Ezion Hldgs, Genting Singapore PLC.
The opening of Genting Hotel Jurong in May and the appointment of David Sisk (previously from Sands China) as new chief operating officer, with a focus to market to new premium-mass and grind-mass gamblers is expected��.
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Gentings 550-room Hotel Jurong will open from next month, offering a free shuttle service to the companys integrated casino resort, Resorts World Sentosa (RWS), about 25 minutes away. The hotel would ���form an important part of the business strategy.
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Genting Singapore PLC (SGX: G13) released its fiscal fourth quarter results for the year ended 31 December 2014 yesterday. The companys flagship is the integrated resort, Resorts World Sentosa. Besides housing an all-important casino, RWS also has .
Genting Singapore to develop new hotel in Jurong.
Genting Singapore broke ground for its new hotel in Jurong on Thursday. Slated to open in the first half of 2015, the new development is set to be the first hotel to open in the Jurong Lake District. This comes after the Urban��.