TEE acquires Marina Bay Sands Worker's Dormitory

Marina Bay Sands previously owned the fully furnished dormitory that can house 2,280 workers.

TEE International Limited announced that its wholly owned subsidiary, PBT Engineering Pte Ltd, has taken over the Marina Bay Sands Workers’ Dormitory and operating it for a period of nine months effective 1 September 2010 under the preview of Building & Construction Authority.

This facility, which comprises 2 blocks of workers dormitory and a communal block, was previously owned by Marina Bay Sands Pte Ltd and operated by PBT on behalf of MBS since 1 December 2008 as part of the ‘Design, Build & Operate’ Workers’ Dormitory contract with MBS, according to a TEE International report.

The dormitory with the capacity for up to 2,280 workers is complete with ample amenities to meet the needs of all the workers, including mini mart and various recreational facilities such as hard courts, gymnasium, games room and TV corners. Laundry, food catering and shuttle services are also provided.

Aside from the Marina Bay Sands Worker’s Dormitory, the Company shall receive recurrent income of S$3.8 million from the leasing of the NORDAM Industrial Building in Changi North Crescent in Singapore in the coming 24 months as well as S$1.3 million from the estate management of the Rom Klao Estate for the National Housing Authority in Thailand in the next 12 months.

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