Four Seasons Centre KUALA LUMPUR

Four Seasons Centre beside Petronas Twin Towers - 70 & 42 storeys

Four Seasons Centre
Kuala Lumpur, Malaysia
2.3 million gsf
Client: Venus Assets Snd. Bhd.
Architect of Record: NRY Architects
Four Seasons Centre is a mixed use development of over 2 million gsf including a Four Seasons hotel, serviced apartments, luxury condominiums, retail and parking. The project is sited adjacent to Kuala Lumpur City Centre (KLCC). The development enjoys commanding views of the 50 acre KLCC Park as well as the Petronas Twin Towers.

The Four Seasons hotel and affiliated serviced apartments are comprised in the forty-two story tower, while luxury condominiums will occupy the seventy story north tower. The tower's formal characteristics have been developed to complement the Petronas Towers and the overall skyline of Kuala Lumpur.

Complex site geometries have been distilled into a clear diagram to organize the circulation of pedestrians and vehicles throughout the site. Podium planning has been developed to support the different user groups that will live, work, and play at Four Season Centre. The new development will link both above and below grade to neighboring Kuala Lumpur City Centre retail properties.

VENUS Assets Sdn Bhd, a company controlled by tycoon Ong Beng Seng, will submit a development order application for its planned RM1 billion mixed development project in Kuala Lumpur, people familiar with the matter said yesterday.

The Venus project, known as Four Seasons Centre Kuala Lumpur, will be built on the existing open air carpark spread over 2.6 acres, situated between Menara Maxis and Wisma Central.

Venus Assets had acquired the land from Intan Sdn Bhd, a privately held company controlled by the family of the late billionaire Tan Sri Khoo Teck Puat, for RM90 million in cash in October 2003.

The project will comprise the six-star Four Seasons Hotel and service apartment with retail shopping area covering 750,000 sq ft, and a 70-storey Four Seasons Condominium which will have 173 super luxury units.

Mail Money was told that prices have not been fixed yet but will be in excess of RM1,000 per sq ft.

Venus Assets is waiting for the building plans to be approved. This is expected to be finalised in the current quarter, Mail Money was told.

The company, however, hasn’t decided if it is going to undertake the construction job itself or to appoint a turnkey contractor.

The 59-year-old, Perak-born Ong controls Hotel Properties Ltd, a company listed on the Singapore Stock Exchange, which has hotel, property and retail investments worldwide.

His 70 per cent investment in Venus Assets is believed to be private in nature. His partner in the company is Sultan Sharafuddin Idris Shah of Selangor.

Genting Founder Dies

雲頂集團創辦人林梧桐病逝updated:2007-10-23 13:42:56 MYT
（吉隆坡訊）90歲的雲頂集團創辦人丹斯里林梧桐今日（週二，23日）早上在雪州梳邦再也專科醫藥中心病逝。林梧桐1918年出生在中國福建省安溪。成年之後，1937年移居大馬，曾做過小販、收廢鐵。之後因城市建設開始發跡。林梧桐身家有43億美元，是雲頂集團與屬下名勝世界的創辦人，並成為雲頂主席一直到2003年才退休，由次子丹斯里林國泰接掌其商業王國。在林國泰的領導下，這家亞洲最大上市賭場的腳步越來越快，一次又一次參與區域賭場業務，成功奪下新加坡賭場度假村、參股澳門賭場等計劃更是林國泰的代表作。林梧桐是亞洲四大賭王之一，與何鴻、葉漢及田樂園齊名。 （星洲互動•2007.10.23）

Genting Founder Dies
Lim Goh Tong dies at 90
PETALING JAYA: Tan Sri Lim Goh Tong, founder and honorary life president of Genting Group, passed away at 11.20am Tuesday at the Subang Jaya Medical Centre.
The tycoon, who turned 90 in April this year, was renowned for his vision in transforming Genting Highlands from an unexplored hilltop to one of the world's most successful casino resorts.
The fifth child in a family of seven children, Lim migrated from China's Fujian province in 1937 at the age of 19 with only a small suitcase and US$175.
The idea of a hill resort was chanced upon by Lim amidst the crisp air of Cameron Highlands in 1964. Lim was then working on a hydro-electric power project at the popular hill resort, patronised mostly by British colonials seeking cool refuge from the tropical heat, when he foresaw a prosperous Malaysia of the future desiring a cool mountain holiday resort within the reach of all Malaysians.
To date, Genting Highlands Resort has five hotels and two apartment blocks at the hilltop and Awana Genting Highlands Golf and Country Resort.
The company, founded in 1965, has since expanded and diversified from its initial hotel and resort activities to plantations, properties, paper manufacturing, power generation, oil and gas, electronic commerce and information technology development under Genting Group.
According to Forbes Asia, the Genting Group founder was third richest in the country with a net worth of US$4.3bil (RM14.6bil).
Lim is survived by wife Puan Sri Lee Kim Hua, and their six children and 19 grandchildren.

Hong Kong's Hang Seng Index breaks 29,000, helped by China stocks

10.11.07, 4:23 AM ET

HONG KONG (XFN-ASIA) - The Hong Kong stock market's benchmark Hang Seng Index broke the 29,000 points level for the first time, before pulling back below that level, helped by strong gains in China financials, coal stocks and oil firms.

Liquidity inflows following China's expanded qualified domestic institutional investor (QDII) program boosted many H-shares, while select local property firms were up on expectations that their land holdings will be valued higher following the government's plans for major infrastructure projects.

Construction firms were sharply higher on the government's infrastructure development program.

Hong Kong Chief Executive Donald Tsang announced in his annual policy speech yesterday that the government intends to prioritise ten major infrastructure projects.

At 3 pm, the Hang Seng index was up 428.18 points or 1.5 pct at 28,997.51, off a low of 28,609.68 and a new all-time-high of 29,023.65.

Turnover was at 121.67 bln hkd.

The Hang Seng China Enterprises (otcbb: CSHEE.OB - news - people ) index was up 657.23 points or 3.59 pct at 18,943.15.

China Shenhua Energy was up 6.35 hkd or 13.5 pct at 52.9, off an all-time-high of 53.2, China Mobile (nyse: CHL - news - people ) was up 2.6 hkd or 1.97 pct at 134.6, and Bank of China up 0.18 hkd or 3.89 pct at 4.81.

Among oil stocks, PetroChina (nyse: PTR - news - people ) rose 0.94 hkd or 6.45 pct at 15.52, and CNOOC (nyse: CEO - news - people ) was up 0.48 hkd or 3.73 pct at 13.32.

Hong Kong Broadband Driving World's Fastest Residential Broadband Service

Hong Kong Broadband Driving World's Fastest Residential Broadband Service with Cisco Powered Network QoS-certified Metro Ethernet Solution

HKBN builds on Cisco IP NGN for rapid service growth

HONG KONG - October 26, 2005 - Cisco Systems® today announced that Hong Kong Broadband (HKBN) has become the first service provider in the world to achieve the Cisco Powered Network Metro Ethernet QoS Certified status. This certification indicates that HKBN has demonstrated, through a third-party assessment, that its Metro Ethernet service meets Cisco best practices and standards for delivering quality of service (QoS). The architecture of HKBN is based on Cisco's IP Next-Generation Network.

The IP Next-Generation Network (IP NGN), a Cisco initiative to enable service provider migration to all-Internet Protocol (IP) networks, increases providers' abilities to deliver innovative new services, improves their operational and capital expenditure efficiencies and advances the network and service control that they and their customers need for long-term business success.

The deployment of a Cisco IP NGN enables HKBN to deliver its current portfolio of services more efficiently and effectively, while the Metro Ethernet QoS Certification demonstrates that HKBN has the means to deliver tomorrow's real-time, application-intensive business and residential services. The IP NGN creates an intelligent infrastructure from which application-aware services are delivered by a service-aware network. This infrastructure opens new opportunities to offer business customers advanced, highly secure, value-added and personalized all-media services over wireline and wireless connections.

In June 2002, HKBN successfully established the largest Metro Ethernet IP network in the world, which now serves 1.2 million homes, or about 60 percent of the population in Hong Kong. In an effort to continually improve the services available through this network, HKBN is testing the Cisco ME 3400, an Ethernet access switch purpose-built for service provider needs, in consideration for future deployment. For more information about the Cisco ME 3400 and other related announcements from Cisco today, please go to newsroom.cisco.com.

"We are very pleased to receive this certification from an industry leader like Cisco. It not only demonstrates our own commitment to quality and our investment to deliver world-class service, but also raises the bar for our competitors," said Ricky Wong, chairman of HKBN. "Every member of our staff can take pride in this achievement, but the real beneficiaries will be our customers."

About the IP VPN Multiservice QoS Certification and the Cisco Powered Network Program

The new Cisco QoS Certification requires the service provider to undergo an annual third-party, on-site assessment, to validate that the service provider follows best practices for delivering recommended levels of network performance (including latency, jitter and packet loss, real-time voice and video conferencing). The certification also specifies that the service-level agreement must span the network from customer edge to customer edge.

The Cisco Powered Network Program identifies service providers that use Cisco equipment in their networks end to end and meet Cisco requirements for service and support. By building their networks using Cisco equipment, Cisco Powered Network Program members can offer services with high levels of network quality and interoperability. Additionally, these service providers have a commitment to bring businesses specialized expertise, enhanced efficiency and access to global network resources, allowing businesses confidence when outsourcing the management of their network to a Cisco Powered Network Program member. For additional information about the Cisco Powered Network Program visit www.cisco.com/cpn.

"QoS is increasingly important because service providers are converging different services on the same network. Real-time applications such as voice, video and TV in particular, drive QoS improvements to eliminate latency," said Fredy Cheung, Managing Director, Cisco Systems (HK) Limited.

HKBN rolls out world's first Metro Ethernet-based 1Gb residential broadband service

Running on a Cisco based infrastructure, HKBN has unveiled the world's first Metro Ethernet-based 1Gb residential broadband service. HKBN delivers the most comprehensive suite of broadband services in Hong Kong giving consumers the option of symmetric 10 Mbps, 100 Mbps and 1Gbps services. Thanks to Cisco's highly scalable metro optical solution, HKBN can rely on its existing network infrastructure to deliver the 1Gbps service with minimum additional investment.

"We are extremely pleased to be able to offer our residential customers the fastest broadband services in the world. On a cost per Mbps basis, Hong Kong consumers across the whole spectrum of value, mass and premium segments, now enjoy amongst the best value in the World." said Ricky Wong. "Partnering with Cisco empowers HKBN with the competitive advantage to deliver future services today and at commercially attractive price points."

"Cisco and HKBN are more than merely vendor and customer. We work with HKBN as a strategic partner, designing and fine-tuning the network infrastructure, as well as exploring new market opportunities together," added Fredy Cheung. "As a leader in IP communications, Cisco believes higher speed and converged services on broadband networks are clearly an industry trend. Our state-of-the-art solutions enable forward-thinking service providers such as HKBN to anticipate and respond to customer needs in a timely and cost-effective manner."

About Hong Kong Broadband Network

Hong Kong Broadband Network (HKBN) is a wholly owned subsidiary of City Telecom (H.K.) Limited (NASDAQ: CTEL and HKSE: 1137.HK). Since HKBN's inception in 2000, it has become the largest alternative end-to-end residential broadband network in Hong Kong, with 500,000 subscriptions across its service offerings of voice, broadband and IP-TV. HKBN has committed to expanding its Metro Ethernet coverage from 1.2 million homes passed today to 1.8 million homes passed (80% of Hong Kong's total homes) within the next 3 years. Information about HKBN can be found at http://www.ctihk.com.

About Cisco Systems

Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet. Information about Cisco can be found at www.cisco.com. For ongoing news, please go to newsroom.cisco.com. Asia Pacific news and information are available at www.cisco.com/asiapac/news.