Heeton plans to balance cost cuts with discount purchases
COO also suggests student accommodation and logistics as some segments for 'stable income'.
Add BT as a preferred source
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.
TRENDING NOW
What makes a good job? Feeling that you matter
DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator
When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry
A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process
