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Life after Sentosa Cove for Ho Bee

The Metropolis provides a strong recurring income base while London, Australia acquisitions reduce concentration risk in China, chairman Chua Thian Poh tells KALPANA RASHIWALA

Mr Chua: 'We are in a good position now to seize opportunities as our gearing (as at end-September 2013) is only 0.19 time. In future, we'll have twin engines: development and property investment.' The Ho Bee Land chairman is seen here with the sculpture 'Taichi Series - Pushing Hands' by Ju Ming of Taiwan. - PHOTO: ARTHUR LEE

HO Bee Land, formerly Ho Bee Investment, is probably most associated with Sentosa Cove, having developed more homes in the upscale waterfront residential district than any other developer. The bumper profits reaped from its projects there made it a stockmarket darling in 2006-2010.