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The below statement is worth pondering over -
Sounds like they can concur the whole of Sentosa in
1) opportunities in the leisure -
Movies making? (in the RWS universal studio) or another golden village in the making?
Huge theme park?
2) opportunites in gaming -
another casino? or huge gaming centre ?
3) opportunties in hospitality -
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise.
alexchia01 ( Date: 02-Jul-2010 16:44) Posted:
This is just basically passing cash from left hand to right hand. My question is what are they going to do with the $697 million? Are they going to use it to pay their debt or pay their bonuses?
pharoah88 ( Date: 02-Jul-2010 14:14) Posted:
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Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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FOOD FOR THOUGHT
alexchia01 ( Date: 02-Jul-2010 16:44) Posted:
This is just basically passing cash from left hand to right hand. My question is what are they going to do with the $697 million? Are they going to use it to pay their debt or pay their bonuses?
pharoah88 ( Date: 02-Jul-2010 14:14) Posted:
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Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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truly casino... probably due to too much floating share...
freshmind ( Date: 02-Jul-2010 17:03) Posted:
| After hit to 1.21, this counter share starts to drop again. Regardless what, this counter's shares only good for short term play, a real casino for everyone, no long term value at all. That's only my little tot. |
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After clouding it will be raining, hahaha
17.05.02 1.16 5,148,000 SELLDOWN
pharoah88 ( Date: 02-Jul-2010 10:45) Posted:
Friday: 2nd JULY 2010
This mOrning CLOUDiNG resUmes
08:59:02 S$1.200 11,855,000 BfS
09:06:00 S$1.200 3,060,000 BfS
09:07:59 S$1.200 2,428,000 BfS
09:29:46 S$1.200 2,147,000 BfS
09:29:47 S$1.200 8,502,000 BfS
09:35:58 S$1.210 848,000 BfS
mOre accumulatiOn On the way
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After hit to 1.21, this counter share starts to drop again. Regardless what, this counter's shares only good for short term play, a real casino for everyone, no long term value at all. That's only my little tot.
Just stating my opinions.Who care whether the souls
are forgiving or unforgiving.They can go to hell. I don't
give a damn. Everybody is entitled to give his or her
opinions, hahaha
This is just basically passing cash from left hand to right hand.
My question is what are they going to do with the $697 million?
Are they going to use it to pay their debt or pay their bonuses?
pharoah88 ( Date: 02-Jul-2010 14:14) Posted:
|
Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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Freedom of speech by definition should be your free will to say anything you like. But while you are free to say anything you like, you must also say the right thing. Because if you say the wrong thing against some unforgiving souls, your freedom becomes cost-dom.. Hahaha.
AnthonyTan ( Date: 02-Jul-2010 16:25) Posted:
Before the $6.5 billion dollar investment, Genting Sp,
1. Did not focus on strenghtening the large scale integrated resort.
2. No ideas to add resources to enable RWS to conduct customers
acquisition, marketing and brand development.
Any company making any investment, all the necessary
plans and feasibility studies should be positive before you
put your money in. |
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Before the $6.5 billion dollar investment, Genting Sp,
1. Did not focus on strenghtening the large scale integrated resort.
2. No ideas to add resources to enable RWS to conduct customers
acquisition, marketing and brand development.
Any company making any investment, all the necessary
plans and feasibility studies should be positive before you
put your money in.
I view it as well planning...
to them, 手心是肉，手背也是肉
first... they don't want to greatly stressing the Genting M share price...
So, using multiple rights issues in a growing big company to cover the "sink/float" business....
after big fair value adjustment with the growing big company, sell it off to Genting M.
This could become a win win situation. GentingSP will continue to grow without the drag...
Genting M get a under value business, if that is not sink....
AnthonyTan ( Date: 02-Jul-2010 15:55) Posted:
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Rob Peter to Paul. Borrow from loan shark
to pay another loan shark. After hugh capital
investment of abt $6.5 billions and opening
in Feb 2010,Genting Sp is now talking abt
divestment.What should have done or need to be
done will defintely be in the feasibility proposals
before the hugh investment.My question is "WHY
NOW" This is wayang wayang" Somewhere along the
line, I find it weird.What kind of management teams
involving billion dollars project change course within
such a short span of time??????
pharoah88 ( Date: 02-Jul-2010 14:14) Posted:
|
Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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Rob Peter to Paul. Borrow from loan shark
to pay another loan shark. After hugh capital
investment of abt $6.5 billions and opening
in Feb 2010,Genting Sp is now talking abt
divestment.What should have done or need to be
done will defintely be in the feasibility proposals
before the hugh investment.My question is "WHY
NOW" This is wayang wayang" Somewhere along the
line, I find it weird.What kind of management teams
involving billion dollars project change course within
such a short span of time??????
pharoah88 ( Date: 02-Jul-2010 14:14) Posted:
|
Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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I suppose times have really changed...
Like now if we care to look around the world, we can easily see sexually-suggestive behaviour
and havoc dancing antics by even supposedly holy church people.
Where can we see such things in the past?
Freedom of speech and expression in Singapore??? You are dreaming in lala land lah ! Hahaha! How to qualify our speech and still term it "freedom of speech"??? It is an Oxymoron. I think we should just keep our comments to ourselves and take it to our graves. Freedom of speech and expression is a Western invention to create pandemonium in Asian societies. Asian dun need freedom, we just need money ! Tat's why asians can work 14-18 hours a day with no holiday for their whole lives and they still stay kuai kuai !
baberic ( Date: 02-Jul-2010 14:47) Posted:
Is this a good sign pointing towards more freedom of speech and expression? We need to express what we think, but we must qualify what we meant otherwise, it can lead to problems.
iPunter ( Date: 02-Jul-2010 14:34) Posted:
Nowadays, more and more young people are
getting so boisterous and perhaps obnoxious with their
freely spoken comments everywhere,
Not like during their grandfathers' time.
Oi! Better 'jaga badan' (be careful)...
hehehe...
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Is this a good sign pointing towards more freedom of speech and expression? We need to express what we think, but we must qualify what we meant otherwise, it can lead to problems.
iPunter ( Date: 02-Jul-2010 14:34) Posted:
Nowadays, more and more young people are
getting so boisterous and perhaps obnoxious with their
freely spoken comments everywhere,
Not like during their grandfathers' time.
Oi! Better 'jaga badan' (be careful)...
hehehe...
|
|
Nowadays, more and more young people are
getting so boisterous and perhaps obnoxious with their
freely spoken comments everywhere,
Not like during their grandfathers' time.
Oi! Better 'jaga badan' (be careful)...
hehehe...
Makes sense lar. We already got US casino (aka MBS) in singapore, so let malaysia have the UK casino, very fair lar. hahah!
pharoah88 ( Date: 02-Jul-2010 14:14) Posted:
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Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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Yeah true...
Lesson learned...
Apologize for my mistake... especially those who i infringed...
baberic ( Date: 02-Jul-2010 14:23) Posted:
| Beware of what you write anywhere. Don't play play with powder. I mean power. |
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Beware of what you write anywhere. Don't play play with powder. I mean power.
Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million).
Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS).
The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development.
Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise.
