Far East Orchard unit to manage 3 new Sentosa hotels

Singapore

FAR East Orchard (FEO), formerly known as Orchard Parade Holdings and part of the Far East Organization, announced on Tuesday that its indirect subsidiary, Far East Hospitality Management (S) Pte Ltd (FEHMS), will soon be operating and managing three new hotels in Sentosa.

FEO said that FEHMS has entered into a binding term sheet with Fontaine Investment Pte Ltd, which will see FEHMS responsible for the managem…