The Business Times
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ho bee land

Companies & Markets

Ho Bee Land to issue S$150 million worth of 5-year green notes at 3.3%

Ho Bee Land intends to grow “a strong development pipeline of well-located master-planned communities” in its key markets across Australia.
Companies & Markets

Ho Bee Land posts 50% fall in H2 net profit to S$50.4 million

The declines in earnings followed the deconsolidation of biomedical and life sciences hub Elementum, alongside lower contributions from rental income and settlements of the group’s development properties.
Companies & Markets
HOT STOCK

Ho Bee Land sinks 6.4% to one-month low on lower H2 profit

Amazon's lease is for about 100,000 sq ft on three mid-level floors in Asia Square Tower 1 (centre).
Property
SINGAPORE PROPERTY

Amazon to exit Asia Square; Shell likely to take over its prime CBD space

Li Xiangrun previously spent a decade at BNP Paribas, where he served as director of real estate investment banking for Asia-Pacific.
Companies & Markets

Ho Bee Land appoints Li Xiangrun as new CFO

The developer says the purchase is in line with its strategic objective to secure large-scale, long-term land banks in key Australian markets.
Companies & Markets

Ho Bee Land acquires Queensland development site for A$318.5 million

The sites are expected to yield around 1,079 residential lots.
Companies & Markets

Ho Bee Land acquires five Australian residential sites for A$96.6 million

Revenue for the first half falls 23% to S$177.7 million from S$230 million the year before. 
Companies & Markets

Ho Bee Land H1 net profit increases over four times to S$49.8 million 

The company’s shares ended up 5% or S$0.09 at S$1.89 on Monday.
Singapore
HOT STOCK

Ho Bee Land shares surge after Chua Thian Poh buys spark talk of privatisation plan

Ho Bee Land reported a net profit of S$109.6 million for FY2024, driven by the growth of development property sales in Australia and contributions from the sale of a 49% stake in landmark biomedical life-sciences development Elementum (above).
Property

Is Ho Bee Land privatisation back on cards with founder Chua Thian Poh raising stake?

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