Latest news with #MinionLand
The Star
5 days ago
- Business
- The Star
Genting poised to ride recovery and upside
PETALING JAYA: Genting Bhd is poised to benefit from the continued earnings recovery of its key subsidiaries, Genting Malaysia Bhd (GenM) and Genting Singapore Ltd (GenS), supported by stronger tourist arrivals in Malaysia and Singapore. According to Hong Leong Investment Bank (HLIB) Research, the recovery in both countries will be largely underpinned by improving travel flows from key Asia-Pacific source markets. In Singapore, the momentum will be further reinforced by the rollout of high-profile attractions such as Illumination's Minion Land, Mandai's Rainforest Wild Asia and the Disney Adventure Cruise Ship. Meanwhile, Malaysia stands to benefit from its official assumption of the Asean Chairmanship in 2025. During this period, Malaysia will host over 300 related meetings, programmes and summits throughout 2025. This momentum will continue into Visit Malaysia Year 2026, said the research house. Some notable development to monitor in the second half of the year is the much-anticipated Resorts World New York City (RWNYC)'s bid for a full-scale commercial casino licence in downtown New York. Currently operating with more than 6,500 video lottery terminals and electronic table games, RWNYC, which is an indirect wholly-owned subsidiary of GentM, must secure one of the three available licences to offer Las Vegas-style slot machines and table games. On June 27, RWNYC officially submitted its proposal to the New York State Gaming Commission, competing against seven other bidders, with the three winners to be selected on Dec 1, 2025. RWNYC plans a capital expenditure of US$5.5bil to transform itself into a world-class integrated resort by 2030 – featuring 6,000 slot machines, 800 gaming tables, 2,000 hotel rooms and a wide range of lifestyle and entertainment offerings. 'According to RWNYC's proposal, gross gaming revenue is projected to more than double by 2027. 'Based on our estimates, securing the full casino licence could unlock RM0.31 per share in additional value for GenM. 'We believe its potential could be interesting, as many New York City residents currently travel out-of-state for table gaming. But to be conservative, we will only incorporate the uplift into our target price upon a successful bid outcome,' HLIB Research said in a report. Coming to the number forecast operator ( O), the research firm expects Sports Toto Bhd 's O segment to deliver stable revenue growth, supported by a growing population and rising household income. On the other hand, the outlook for Sports Toto's UK-based luxury car distribution arm, H.R. Owen Plc, would remain challenging because sales volumes in the high-end automotive segment are likely to be weighed down by the continued outflow of high-net-worth individuals from the United Kingdom and persistently high interest rates. 'Separately, we note some investor unease following Sports Toto's recent related-party transaction in late June 2025 involving the acquisition of three freehold commercial units at Berjaya Times Square, which has raised concerns around the group's capital allocation discipline. 'Hence, we take this opportunity to lower the target price-earnings multiple on the group to 8.5 times (previously 10 times on average), resulting in a lower target price of RM1.39 (from RM1.60) and a downgrade to hold. 'While HLIB Research maintains a 'neutral' stance on the gaming sector, its preferred stock pick is Genting, which it has a 'buy' call on and a target price of RM4.44.' It said the stock is strategically positioned to capitalise on the recovery momentum of both GenS and GenM, as well as the potential value-add from 20%-owned associate TauRx Pharmaceutical once the latter's Alzheimer's drug, HMTM, receives approval from the US Food and Drug Administration.
Focus Malaysia
5 days ago
- Business
- Focus Malaysia
HLIB sees continued gaming sector recovery amid APAC travel surge
GOING forward, Hong Leong Investment Bank (HLIB) anticipate continued earnings recovery for GenM and GenS, and thus benefitting GenT, driven primarily by the improving tourist numbers in both Malaysia and Singapore. The recovery in both countries will be largely supported by improving travel flows from key Asia-Pacific source markets. In Singapore, the momentum will be further reinforced by the rollout of high-profile attractions such as Illumination's Minion Land, Mandai's Rainforest Wild Asia, and the Disney Adventure Cruise Ship. Meanwhile, Malaysia stands to benefit from its official assumption of the ASEAN Chairmanship in 2025. During this period, Malaysia will host more than 300-related meetings, programs, and summits throughout 2025. This momentum will continue into Visit Malaysia Year 2026. A notable development to monitor in the second half of 2025 is Resorts World New York City (RWNYC)'s bid for a full-scale commercial casino license in downtown New York. RWNYC must secure one of the three available licenses to offer Las Vegas-style slot machines and table games. On 27 June, RWNYC has officially submitted its proposal to the New York State Gaming Commission, competing against seven other bidders, with the three winners to be selected on 01 December. According to RWNYC's proposal, gross gaming revenue is projected to more than double (+2.2x) by 2027. We believe its potential could be interesting as many New York City residents currently travel out-of state for table gaming. To be conservative, we will only incorporate the uplift into our target price upon a successful bid outcome. We believe SPToto's number forecast operator segment will continue to deliver stable revenue growth, supported by a growing population and rising household income. Separately, we note some investor unease following SPToto's recent related party transaction in late June 2025 – the acquisition of three freehold commercial units at Berjaya Times Square – which has raised concerns around the group's capital allocation discipline. We maintain our NEUTRAL stance on the gaming sector, as the anticipated recovery from rising tourist arrivals may be weighed down by GenM's operational risks, evidenced by past weaker-than-expected results. Additionally, investor concerns over SPToto's capital allocation discipline could stifle its investment appeal. —Aug 8, 2025
Time Out
26-05-2025
- Entertainment
- Time Out
Here's what to expect at the new Singapore Oceanarium that's opening at Resorts World Sentosa in July 2025
We've already seen exciting new attractions pop up this year, from Minion Land at Universal Studios Singapore to Rainforest Wild Asia at Mandai. Joining the list this July is the highly anticipated opening of the Singapore Oceanarium – the rebranded version of the former S.E.A. Aquarium at Resorts World Sentosa. Set to open on July 23, 2025, the refreshed attraction is three times larger than before, with 22 themed zones spotlighting different aspects of marine life. Visitors can explore everything from shallow waters to deep-sea habitats, as well as travel through time from prehistoric oceans to present-day waters. Highlights include the Ocean Wonders zone, filled with thousands of mesmerising moon jellies, and Singapore's Coast, which recreates our local mangrove ecosystems with interactive displays. Other features include life-sized models of prehistoric sea creatures, a reconstruction of the whale fall ecosystem, and a massive 36-metre-wide screen projecting reef manta rays and zebra sharks gliding through. Visitors can swing by the Singapore Oceanarium Store for ocean-themed souvenirs, books and pop-ups by local brands. There's also Explorer's Nook, a themed café serving light bites and pastries.
ABC News
08-05-2025
- Entertainment
- ABC News
Perth woman wins world record for collection of more than 1,000 minions
It all started when Perth woman Liesl Benecke took her two young children to the cinema 15 years ago to see the animated film Despicable Me. In the film small, pill-shaped characters called minions play a key role and they have since been featured in numerous sequels. Ms Benecke was immediately charmed by the characters and quickly acquired a number of small plastic minion figurines. "I had about 20 so I made a shadow box [display case], so they're all sitting in the shadow box," she said. "And it just kept snowballing." Liesl Benecke takes an item off a shelf dressed in a minions oodie. ( ABC News: Ashleigh Davis ) The shadow box Liesl Benecke made 15 years ago that started the collection. ( ABC News: Ashleigh Davis ) Her collecting intensified after a trip Singapore in 2018. "I was there for my birthday and I spent about $400 [at Minion Land]," she said. "I carried the lot of it home with me and it just made me really, really happy, so I kept going." Collection still growing At this point Ms Benecke's home is filled with minion-themed items from the living room to the bathroom and the pantry shelves. Minion items in the pantry in Liesl Benecke's house. ( ABC News: Ashleigh Davis ) Minions in the pantry. Minions in the toilet. ( ABC News: Ashleigh Davis ) Minions in the toilet. A TV surrounded by minion plush toys and figurines. ( ABC News: Ashleigh Davis ) Minions on the TV. Her children have grown up and moved out and Ms Benecke is still eagerly adding to her collection. "When I do see them everywhere it puts a smile on my face," she said. "If I'm in the shopping centre and I see them, I'll give a little squeal and I'll run and I'll go, 'Oh, minions', and I'll go and buy them and it doesn't matter how much they cost." The collection also goes on the road with Ms Benecke. "The back of my car is filled with about 20 plush minions so you see them all smiling at you," she said. Liesl Benecke's car is also full of minions. ( ABC News: Ashleigh Davis ) "I sometimes take Stuart out, my giant plush — he's about a metre tall. "I sit him in the back, I put the seatbelt on so he's safe. "But he comes for a drive with me every now and again. "If we're sitting at the lights and I'll put his little hand up and wave him and people laugh at me, and I just think that's spreading the joy." Liesl Benecke's partner tattooed her with a minion. ( ABC News: Ashleigh Davis ) Ms Benecke's partner, a tattoo artist, has given her a minion tattoo on her arm. She is known as "the minion lady" at work, where she has a number of minions on her desk. A world record, for now Last year she began the process of having her collection recognised by Guinness World Records and now holds a certificate proclaiming her the world record holder, with 1,035 individual official minion items in her collection. A shelf full of minions in Liesl Benecke's collection. ( ABC News: Ashleigh Davis ) A shelf full of minions. A minion water bottle. ( ABC News: Ashleigh Davis ) A minion water bottle. Minion items in Liesl Benecke's collection. ( ABC News: Ashleigh Davis ) Wall-to-wall minions. It was a huge process to gather the minions, then provide the evidence to Guinness World Records. "When I lodged the application I didn't realise how involved it would be," she said. "I had to take a photo of every single minion. I had to then do an inventory of all of them. "Then I had to get two expert witnesses, and I had to have them here on the day of the video counting. "Every single one had to be individually counted." Liesl Benecke's certificate from Guinness World Records. ( ABC News: Ashleigh Davis ) To be eligible for the record, the items had to be officially licensed minion merchandise and no duplicates were allowed. One of her expert witnesses was a woman who works at her local toy shop and had gotten to know Ms Benecke well from her regular visits to buy minion merchandise. The record was conferred on February 16 but it has not stopped Ms Benecke collecting. "I just recently rewarded myself for getting the record with the Swarovski crystals," she said. "They've brought out four different minions and they're beautiful." To celebrate winning the world record Liesl has bought a set of Swarovski crystal minions. ( ABC News: Ashleigh Davis ) She was not concerned that another collector could one day beat her record. "I'd be happy to be joined by lots of minion lovers. That wouldn't worry me at all," she said. "I set the record. I guess that can't be taken away from me. "And hey, the more minions, the better."
Yahoo
25-02-2025
- Entertainment
- Yahoo
50% off flights, hotels & experiences with Traveloka birthday deals
It's Traveloka's lucky 13th birthday and you're all invited to save big on your next holiday! From 24 Feb to 4 Mar 2025, take advantage of Traveloka birthday deals to fly around the world at up to 50% off regular prices. Traveloka also has great prices on SIM cards, car rental and airport transfers. With so many deals and offers, it can be difficult to find the biggest discounts. So, here is a quick rundown of all the Traveloka birthday deals: 24 Feb to 4 Mar – Up to 50% off plane tickets, hotel bookings and even international attractions 24 Feb to 4 Mar – Save even more on accommodation with special hotel coupons 28 Feb to 2 Mar – 3 days of all-day flash sales covering everything 2 Mar to 4 Mar – Last chance flash sale, only from 12pm-2pm There are also All-Day Coupon Deals that will help you save even more: 50% off all United Airlines flights Up to S$150 off all China Airlines flights Up to S$100 off all Singapore Airlines flights S$20 off hotels The Traveloka birthday deals don't end there! The Weekend Flash Sale that goes from 28 Feb to 2 Mar will give savvy travellers an additional: S$25 off flights 20% off hotels and attractions If all that money-saving isn't enough for you, Traveloka will be releasing another slew of deals and discounts as part of their 3.3 Specials for 2025. Watch out for more details closer to the date. Want to save money without leaving the country? Traveloka also has deals on local attractions. Here are some of the most popular ones: S$5 for the River Wonders S$25 to see the S.E.A. Aquarium S$40 (U.P.: S$79) for the magical Harry Potter: Visions of Magic exhibition S$83 to explore the all-new Minion Land at Universal Studios Singapore S$36.70 (U.P.: S$56) tickets to Madame Tussauds Singapore With these huge deals, tickets are bound to run out soon. Click here to check out all the promos. Cheap Tokyo travel – Just $80 a day from Singapore (plus insider tips) The post 50% off flights, hotels & experiences with Traveloka birthday deals appeared first on
