ho bee land
Ho Bee Land acquires five Australian residential sites for A$96.6 million
The developments will be financed by the company’s internal funds and bank borrowings
Ho Bee Land H1 net profit increases over four times to S$49.8 million
No dividend is declared for the period, unchanged from previous year
Ho Bee Land shares surge after Chua Thian Poh buys spark talk of privatisation plan
Founder Chua and his son Nicholas, who is CEO, have been picking up shares in last few months
Is Ho Bee Land privatisation back on cards with founder Chua Thian Poh raising stake?
He raises his stake in the tightly held company to around 75.68%, from 75.66%
Ho Bee Land drops AVJennings bid; Australian property developer to be acquired by US fund
The scheme consideration has been reduced by A$0.015 to A$0.655 a share
Ho Bee Land reports a turnaround in H2 financials, posts S$100.7 million in earnings
Improvement in net profit came partly from S$66.6 million in other gains and fair value changes, compared with a loss of S$10.3 million for this item in H2 FY2023
Ho Bee Land sparks bidding war for Australian property developer AVJennings at A$0.70 a share
The offer trumps an existing deal made by Proprium Capital Partners and Avid Property Group
Ho Bee Land back in the black with H1 S$8.8 million profit
The return to profitability was aided by a narrowing of fair value losses in its investment properties to S$11.2 million, from S$208.3 million a year ago.
Ho Bee Land sells 49% stake in Elementum for S$134 million to sovereign wealth fund
The company says the deal paves the way for broader collaboration, exploring new avenues for strategic growth and development
Singapore stocks with British portfolios end mixed on Friday
Pound strengthens slightly as UK’s Labour bags landslide win
