Singapore Flyer to reopen on March 20
THE Singapore Flyer will reopen on March 20 following a four-month suspension, said tourism player Straco Corporation in a statement on Thursday.
Its subsidiary, Straco Leisure, which operates the giant observation wheel, has received approval from the Building and Construction Authority to resume operations at the attraction.
Straco said the suspension of operations since Nov 19 last year was undertaken as a precautionary measure, due to a technical issue affecting a small section of the outer layer of a spoke cable. There are 112 of these cables in the design of the observation wheel, and each is an assembly of a wire rope core consisting of multiple helically twisted steel wires, with Z-shaped wires that interlock with another in the outer layers.
Inspection and tests have been carried out under the supervision of an appointed specialist professional engineer to "ensure the structural integrity" of the attraction, said the group.
Straco shares closed trading at S$0.42 on Thursday, down S$0.04 or 8.7 per cent.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Gojek founder Nadiem Makarim faces 18-year jail demand in Indonesia laptop graft trial
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Singapore developer in limbo after Timor-Leste scraps major township project
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta