KONE Corporation, press release, April 10, 2012
KONE has won an order to supply the people flow solutions for Hatten City, a mixed-use development project in the coastal city of Malacca in Malaysia. KONE's solutions will be delivered to an five-story shopping mall and two 170-meter-high tower blocks of luxury condominiums which are currently under construction. The Silverscape residential tower will be the highest building in the State of Malacca.
The order includes 23 KONE MiniSpace(TM) and 14 KONE MonoSpace® elevators, and 72 KONE TravelMaster(TM) commercial escalators. KONE's eco-efficient elevators will bring residents up to the sky deck on the the 45th story to admire the views of the Straights of Malacca. Furthermore, all 37 elevators will be equipped with KONE Infoscreens to guide elevator passengers for smoother flow in the building. The TravelMaster escalators will enhance the shopping experience at the Elements Mall.
"We are honored that our close cooperation with Hatten Group has resulted in providing smooth people flow to Malacca's largest real estate project," says Noud Veeger, EVP and Area Director of KONE Asia Pacific.
Hatten city has been designed by RDCA and developed by Singapore-based Hatten Group. The first phase of Hatten City is expected to be completed by 2015.
The order was booked in the first quarter of 2012.
For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.