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Keong Hong buckles up as it rides construction roller-coaster

Amid slowing jobs and squeezed margins, it is diversifying its portfolio to pull in the all-important recurring income.

Keong Hong Holdings founder and majority owner Ronald Leo Ting Ping started the company in the early 1980s. It has since gravitated to institutional buildings given the Singapore government's continued investments in health and education.

The company's luxury hotel Pullman Maldives Maamutaa resort. The company has another hotel in the tropical nation, the mid-scale Mercure Maldives Kooddoo.


LESS is more, so goes a design maxim that espouses simplicity in style. It might also well be the guiding motto of Keong Hong Holdings, that three years ago climbed the ranks to Singapore Exchange's mainboard from Catalist and has survived several boom and bust cycles over the...

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