Monday, July 20, 2009

Daily news - 20 Jul

Work begins on Yanlord's 4b yuan development in Zhuhai
YANLORD Land Group broke ground last Friday for its four billion yuan (S$849.7 million) residential and commercial development in Zhuhai. Zhuhai Yanlord Marina Centre will have about 3.2 million square feet gross floor area, comprising high-end apartments, a retail mall, grade A offices and a five-star hotel, Yanlord said in a release. The development, situated along the coastal front, will have five high-rise towers including a 45-storey, 180-metre tall integrated hotel and office tower, as well as four residential blocks interconnected via a four-storey shopping podium.

Keppel finishing Bumi Armada ship's conversion
KEPPEL Corp said over the weekend that its subsidiary Keppel Shipyard is close to completing the conversion of the floating, production, storage and offloading (FPSO) vessel Armada Perdana for a repeat customer, Malaysia-based Bumi Armada Berhad. A ceremony for the naming of the vessel was held at the shipyard last Saturday prior to the vessel's deployment in the Oyo field, 70km off the coast of Nigeria. It is expected to deliver its first oil in Q4 this year.

Source: Kim Eng

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