Heeton plans to balance cost cuts with discount purchases
COO also suggests student accommodation and logistics as some segments for 'stable income'.
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Annabeth Leow
Singapore
WHILE Heeton Holdings' overseas hospitality business has taken a big hit from the Covid-19 pandemic, the mainboard-listed property group is not shying away from potential acquisitions, chief operating officer Ivan Hoh told The Business Times.
As the pandemic puts discounts on the real-estate market, he floated possible fresh buys in the hotel line.
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