| SunCity building up image overseas
SUNWAY City Bhd (SunCity) has big plans to build up its reputation and brand name overseas as a developer of premier properties. It has identified growth opportunities in India, China, Cambodia and Australia. These countries offer strong property demand fundamentals and economic growth. We will be able to value add by injecting offshore talent and creative ideas as well as providing design innovations, management and marketing expertise, senior managing director Datuk C.K. Wong said. In the next seven to 10 years, the overseas operations are expected to contribute up to 25% to the companys bottom line. Initially, the company will be involved in residential developments before venturing into mixed and commercial projects. To make its venture abroad, SunCity is working on developing its human capital for such expansion.
Can Apple Get Its Game On?
Apple is mum on gaming plans for the iPhone or Apple TV, but Mitch Lasky, senior vice-president of EA Mobile, says his company is discussing plans for games on the phone. "We have been talking to Apple about games on [the iPhone]," Lasky says. "We see a lot of the technology that we've utilized on the iPod side being incorporated into the iPhone." .
Omnicare to Present at the UBS Global Healthcare Services Conference
COVINGTON, Ky.--(BUSINESS WIRE)--Omnicare, Inc. (NYSE:OCR), the nation's leading provider of pharmaceutical care for the elderly, announced today that it will participate in the UBS Global Healthcare Services Conference on February 14 at 10:30 a.m. ET at the Grand Hyatt New York in New York City. Presenting for Omnicare will be Joel F. Gemunder, president and chief executive officer. The presentation will be broadcast live over the Internet and can be accessed at http://events.streamx.us/us/event/eventdetails.aspx?id=ubs20070212. Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the Internet broadcast. Following the conference, an archived version of the webcast will be available for 14 days. About Omnicare, Inc.
Fitch Releases Nonrated Descriptive Report on Skyline at First ...
TAMPA, Fla.--(BUSINESS WIRE)--On Tuesday, January 23, 2007, Fitch expects to release a non-rated descriptive report on approximately $214.8 million Washington Housing Finance Commission Non-Profit Revenue Bonds (Skyline at First Hill Project), Series 2007A-D. Fitch's descriptive credit report provides analysis of significant credit factors and includes Fitch's evaluation of the strengths and risks surrounding this credit. Generally, Fitch regards unenhanced debt issued with financial characteristics similar to the described facility as being below investment grade. The bonds are expected to sell during the week of Feb. 5, 2007 via negotiation through Ziegler Capital Markets Group. Proceeds of the series 2007 bonds, together with other funds, will be used to construct a new Type-A continuing care retirement community in the First Hill neighborhood of Seattle, WA, fund capitalized interest, working capital, various trustee-held accounts including debt service reserve fund and associated costs of issuance.
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