Corporate Bits | Sands China executives celebrate victories with team members

Sands China hosted a luncheon at The Venetian Macao’s North restaurant in December to celebrate the remarkable achievements of team members who had broken records at the Macau Table Game Skills Contest at the seventh edition of the annual competition.
Team members took out first place in the three main categories (“Chip Picking,” “Card Calculating” and “Baccarat Payout”), as well as finishing first and second in the overall team championship. The competition involves team members from the gaming industry in Macau going head-to-head to see which staff members have the best table game skills.
Sands China executives in attendance at the celebration luncheon were Cetin Tanisman, senior vice president of Casino Operations, Sand China Ltd; Harold Tsakmaklis, vice president of Casino Operations and Trevor Hammond, vice president of Table Games Operations, who came to congratulate the winners on their great achievements.
“I want to congratulate our team members for coming first in all three categories in the annual Macau Table Game Skills Contest,” said Cetin Tanisman. “We are very proud that our team members are the most competent gaming professionals in Macau.”

Hyundai Motor to spend usd74b over 4 years on facilities, r&d

Hyundai Motor Group chairman Chung Mong-koo

Hyundai Motor Group, the world’s fifth-largest automobile manufacturer, spoke yesterday of plans to spend 81 trillion won (USD73.7 billion) over the next four years on factories, research and a new headquarters.
The announcement comes after Hyundai Motor Co. last week forecast the slowest annual sales growth in more than a decade. The South Korean government has pressured businesses to stop hoarding cash reserves and instead to invest and hire.
According to representatives from Hyundai, the average annual spending during the past four years is a 35 percent increase from 2014. The company plans to build two new factories in China, which will start operating in late 2016 and 2017.  This is in response to its existing factories reaching full capacity. Its affiliate Kia Motors Corp. is also expanding the capacity of its existing Chinese factory.
The group will also build new headquarters which will include auto-themed exhibition halls, hotels and shopping malls in Gangnam, a trendy district in southwestern Seoul. It said in September that it would pay $10.1 billion Korean won for a 79,342 square meter (854,030 square foot) plot of land for the new headquarters that the auto group believes will burnish its brand.
Both the expansion of factories at home and abroad and the construction of the new headquarters in Seoul will account for more than half of the four-year investment at 49.1 trillion Korean won.