Human Resources
RWS currently has about 170 staff members. As staff numbers continue to rise, employee welfare remains a priority. The RWS Corporate Office opened its Wellness Centre in January. Here, staff can seek reprieve after a hard day’s work by sinking into massage chairs and the world of television.
Construction will ramp up towards mid-2008, with as many as 8,000 workers laboring round-the-clock.
Others
Resorts World at Sentosa recently secured S$4 billion credit facilities for its resort development. This amount adds up to two-thirds of its S$6 billion project cost. The remaining amount will be funded through equity raised from parent company, Genting International’s rights issue in 2007. In total, five local and international banks, including DBS Bank and Royal Bank of Scotland, will underwrite, bookrun and arrange the syndication of the loan, until 2015. This syndication is among the largest ever undertaken in Singapore.