KUALA LUMPUR, Oct 14 (Bernama) -- Genting Group Founder and Honorary Life Chairman, Tan Sri Lim Goh Tong, won the prestigious Travel Entrepreneur of the Year Award at the TTG Travel Awards 2005.The special inaugural award pays tribute to an individual for his outstanding achievements and positive contributions to the region's tourism and travel industry, Genting said in a statement.
It was a double celebration for the group as Star Cruises, a member of the group won the Best Cruise Operator in the Asia-Pacific for the eighth time, a record-breaking feat and an exemplary record of its cruise products and service excellence.
The awards, hosted by TTG Asia, were presented to the Genting Group Thursday, in a grand ceremony in Pattaya, Thailand, attended by members of the travel trade including key industry figures, the media and other invited guests.
The TTG Travel awards presentation is an annual highlight in the travel industry calendar of events which recognises the most outstanding organisations in the travel industry within the Asia-Pacific.The Genting Group is a leading resort development specialist with international gaming expertise, having developed numerous major tourism projects in Asia, Australia and the US.
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IBM, Rambus dominate late trading
Shares of International Business Machines dominated trade after the closing bell Monday, while shares of Rambus Inc. spiked after blowing past analyst expectations.
The Nasdaq-100 After Hours Indicator, which tracks the evening action of the technology-heavy index's leading shares, was down 0.68 point to 1549.20.
Shares of IBM (IBM) ticked modestly higher after the company reported a third-quarter profit of $1.5 billion, or 94 cents a share, compared to $1.6 billion, or 92 cents a share a year ago. Revenue came in at $21.5 billion, below Wall Street expectations and down from $23.4 billion. Analysts surveyed by Thomson First Call had forecast IBM to earn $1.13 a share on revenue of $21.7 billion.
Rambus Inc. (RMBS) shares rose over 6% to $12.31 at one point after the company reported third-quarter net earnings of $14.5 million, or 14 cents a share on revenue of $36 million. The chip technology company was expected to post earnings of 2 cents a share on revenue of $33 million.
Shares of Novellus Systems Inc. (NVLS) fell more than 1% at one point to $24.61 after the company said that its third-quarter profit fell to $23.4 million, or 17 cents a share, from $64.7 million, or 45 cents, a year ago. Revenue slid 18.5% to $338.9 million as chip manufacturers placed fewer orders for equipment.
The results missed Wall Street's per-share estimate of 21 cents but topped the revenue estimate of $321 million.
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