*Official* Genting SP

felixleong

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btw just in case those who dunno

Genting's new hotel is just beside jurong country club... the future railway station... KNN really is got connections one...

when genting build the hotel, everyone stupid.... yuan lai its position beside the new rail station to KL........

POWER LA!!!!!!!!!!!!
 

sandwicher

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I've disposed Genting way back. Majority of its revenue and profits still comes from the Gaming Segment which is fluctuates greatly and there has been an increasing percentage of write-offs.

Yes there's the USS, there's the Genting Hotel. But these segments only bring in way too few contributions to the overall Group.

Looking bad. It's a gambling company after all, and I'm not ready to gamble (not invest) my money away.
 

Keverus

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the results were kinda expected ma. look at LVS, has been downtrend the whole year liao.

i dont think there's anything wrong with the basis business concept, just that now got a lot of competitors. i think one of LVS reports show that nowadays ppl do online gambling more than actually going to a casino.
 

antonpoh

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Can wait till a year before the high speed rail almost finish to buy in this. Lucky sold all at $2.10.
 

lcornwisky

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I've disposed Genting way back. Majority of its revenue and profits still comes from the Gaming Segment which is fluctuates greatly and there has been an increasing percentage of write-offs.

Yes there's the USS, there's the Genting Hotel. But these segments only bring in way too few contributions to the overall Group.

Looking bad. It's a gambling company after all, and I'm not ready to gamble (not invest) my money away.

time to short
 

Keverus

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LVS (las vegas sands) keep going down down down. break under 50 dollar riao.

how will genting fare? i doubt better lei.
 

Keverus

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Singapore 'surprised' by Malaysia's preference to end High Speed Rail terminus at JB
POSTED: 19 Jun 2015 17:06

SINGAPORE: Singapore's Ministry of Transport (MOT) on Friday (Jun 19) said it was "surprised" that Malaysia's Land Public Transport Commission (SPAD) gave a recent statement to Malaysian media that it preferred to terminate the upcoming high-speed rail (HSR) terminus between the two nations existing CIQ (customs, immigration and quarantine) ccomplex in Johor.

In March, leaders of Singapore and Malaysia announced that the HSR terminus in Singapore will be located at Jurong East.

"Our understanding is that Malaysia views the commercial premise of the Kuala Lumpur-Singapore HSR project, and with which we agree, as being based on a direct connection between the two city centres. Terminating the HSR in Johor Bahru will not achieve this objective," said the Ministry of Transport's spokesperson.

MOT's statement is as follows:

Singapore and Malaysia agreed at the 2013 Leaders’ Retreat to build the High Speed Rail (HSR) link between Kuala Lumpur and Singapore. Studies have been carried out by both countries. Malaysia decided last year that the HSR terminus in Kuala Lumpur would be located in Bandar Malaysia. Similarly, Singapore has decided that the HSR terminus in Singapore would be located in Jurong East. Prime Minister Lee Hsien Loong informed Prime Minister Najib Razak of this at this year’s Singapore-Malaysia Leaders’ Retreat, and the location was also announced to the public at the joint press conference by the two Prime Ministers following the Retreat. We are therefore surprised by the Land Public Transport Commission’s (SPAD) recent statement that Malaysia preferred to terminate the HSR at the existing CIQ (customs, immigration and quarantine) complex in Johor Bahru.

Furthermore, our understanding is that Malaysia views the commercial premise of the Kuala Lumpur-Singapore HSR project, and with which we agree, as being based on a direct connection between the two city centres. Terminating the HSR in Johor Bahru will not achieve this objective.

Both sides are in discussion on the project’s commercial and operating models. Singapore has proposed that the domestic transit HSR services, which will stop at six stations in Malaysia between Kuala Lumpur and Singapore and hence primarily serve commuters travelling within Malaysia, be operated separately from the express non-stop HSR services between Kuala Lumpur and Singapore. This will give Malaysia autonomy over the domestic transit services to serve Malaysia’s domestic needs and benefit Malaysia, while both countries work together on the cross-border HSR services.

On the Johor Bahru-Singapore Rapid Transit System (RTS) Link, both countries can only determine the type and alignment of the crossing after both terminus locations have been confirmed. Singapore informed Malaysia in June 2011 that the terminus in Singapore would be located at the Woodlands North station of the Thomson-East Coast Line. However, we have yet to receive official confirmation of the location of Malaysia’s RTS terminus in Johor Bahru. As such, contrary to what was said in the Malaysian media by Johor State Exco for Public Works, Rural and Regional Development Committee Chairman Datuk Ir. Haji Hasni bin Haji Mohammad, there is no agreement with Malaysia that the crossing will be a high bridge.*

- CNA/xq
http://www.channelnewsasia.com/news/singapore/singapore-surprised-by/1927124.html

m4PUapW.jpg


Jurong East HSR Terminal project could go up in smoke?

JuVDFoE.png

genting...good luck!
 

Perisher

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Actually, now don't need to pay much attention because it's quite likely there will be more pattern to come till the whole thing is over and done with.
 

Keverus

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Actually, now don't need to pay much attention because it's quite likely there will be more pattern to come till the whole thing is over and done with.

also true :s13:

one thing for sure, doing business with msians,usually a lot of prata :s13:
 

Perisher

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As the usual phrase goes, pattern more than badminton. Just to note, their badminton is also world class standard. Can fight with China one, don't play play. Ours is only table tennis. Lol.
 
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