Hotel Grand Central

Hotel Grand Central to book net loss in FY2025 on impairment losses

This comes after the group posted a 54.5% year-on-year decline in net profit for H1

Gui Boon Sui also used two of his employees’ accounts to carry out false trades without the authorisation of brokerage firms.

Regency Steel Asia chairman fined S$350,000 for false trading of Hiap Hoe, Hotel Grand Central shares

Gui Boon Sui’s sentencing follows a joint investigation by the Commercial Affairs Department and Monetary Authority of Singapore into the case

Tan Eng Teong, executive chairman and managing director of Hotel Grand Central. The group reported a net profit of S$1.4 million for H2 2023, attributed to the recovery in the hotel industry and higher interest income.

Hotel Grand Central swings back to black with H2 net profit of S$1.4 million

HOTEL Grand Central announced a net profit of S$1.4 million for the second half ended Dec 31, 2023, reversing a net loss of S$4.6 million in the corresponding period a year ago.

Hotel Grand Central to sell office building in Australia for A$80.8 million

Hotel Grand Central to sell office building in Australia for A$80.8 million

HOTEL Grand Central (HGC) has reached an agreement to sell an office building in Melbourne for A$80.8 million (S$77.1 million), it said on Monday (Feb 7).

HK's Far East Consortium inks deal to sell 21 Anderson for S$213m

HK's Far East Consortium inks deal to sell 21 Anderson for S$213m

HONGKONG-LISTED Far East Consortium International Limited (FEC) announced on Friday night that it has entered into a sale and purchase agreement to sell 21 Anderson, a 10-storey freehold condominium b...

Hotel Grand unit sells Australia property for A$10.9m amid 'challenging' outlook

Hotel Grand unit sells Australia property for A$10.9m amid 'challenging' outlook

HOTEL Grand Central (HGC), through its wholly-owned unit, has sold Hotel Grand Chancellor in Australia for A$10.9 million (S$10.6 million) in cash to a third party, taking into account the challenging...

Hotel Grand Central to sell New Zealand commercial building for NZ$60m

Hotel Grand Central to sell New Zealand commercial building for NZ$60m

HOTEL Grand Central is selling PwC Centre, a six-level commercial building in Christchurch, New Zealand for some NZ$60 million (S$54 million).

Hotel Grand Central profit surges on Little India, NZ divestments

Hotel Grand Central profit surges on Little India, NZ divestments

Group set to open new hotel behind Orchard Road on Monday; adjacent hotel slated for August opening

New records making dot-com bubble look sane

New records making dot-com bubble look sane

LIKE his election campaign, US president Donald Trump's speech at Davos, Switzerland, was centred on his "America First" strategy, aimed at protecting US manufacturers from foreign competition. But on...

STI slips, but bull can still ride on economy, earnings

STI slips, but bull can still ride on economy, earnings

CAN the record-breaking stock market keep up its rallies, or is it time for investors to rein in the exuberance before losing their pants?