Hong Fok
Issue 186: DBS takes systems approach to cutting emissions; families ripe for governance review
This week in ESG: Singapore bank says can’t scale decarbonisation on own; Family-sized need in Code of Corporate Governance review
Mind the perils of buying a minority stake in a landed home
Why purchasing a one-seventh interest in 5 Oxley Rise could be a big gamble
Hong Fok family scion Cheong Sim Lam buys retail property Holland Piazza for S$100 million
The buyer is likely to reposition the mall’s basement with wellness or entertainment operators to complement Holland Village’s family-friendly appeal
Hong Fok’s H2 FY2025 net profit rises 14.7% to S$23.1 million; revenue falls 13.9% to S$51.4 million
Revenue for H2 FY2025 falls 13.9% to S$51.4 million, from S$59.7 million in H2 FY2024
Hong Fok’s H2 net profit plummets 75.2% as revaluation gain dives
However, revenue for the period is flattish at S$59.7 million
Hong Fok acquires five units at International Building for S$27.8 million
The group now owns all units of the commercial building in Orchard Road
Hong Fok H2 net profit falls 61.5% as Concourse Skyline sale dips
PROPERTY developer Hong Fok posted a net profit of S$81.2 million for the second half of 2023 on Thursday (Feb 29), a 61.5 per cent drop from its earnings of S$211 million in the year before.
Hong Fok to join MSCI Singapore Small Cap Index
PROPERTY developer Hong Fok is set to join the MSCI Singapore Small Cap Index after the market closes on Wednesday (May 31).
Hong Fok H1 net profit jumps 80% to S$9.1m
PROPERY developer Hong Fok Corporation net profit rose 80 per cent to S$9.1 million for the first half of the fiscal year ending Jun 30, 2022, from S$5.1 million in the year-ago period.
Hong Fok continues to buy back shares, joint-CEOs up stakes
FOR the 5 trading sessions over the span of Apr 8 to 14, the Straits Times Index lost 2 per cent. The Singapore market was closed on Apr 15 for Good Friday. Over the same period, the FTSE Bursa Malays...
