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Hotel Properties Ltd

Companies & Markets

Hotel Properties prices $150 million perpetual securities at 4.38%

HPL recorded a net loss of S$46.2 million and a net loss per share of 11.74 cents in FY2025.
Companies & Markets

Hotel Properties swings to H2 FY2025 loss of S$57.7 million, proposes dividend of S$0.04

The Forum is one of HPL's assets. The group incurred mark-to-market fair value losses on its long-term investments.
Companies & Markets

Ong Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high

HPL opened Four Seasons Hotel Osaka (above) in August 2024. The group's gross profit rose 3.5% to S$85.2 million for the six months ended Jun 30, 2025, mainly attributable to the new property.
Companies & Markets

Hotel Properties is back in the black with S$11.4 million H1 profit

There have been queries about Hotel Properties Ltd's long-rumoured plan to redevelop its prime Orchard Road assets: Forum The Shopping Mall, voco Orchard Singapore and HPL House.
Companies & Markets

What’s next for Ong Beng Seng’s HPL?

Ong had notably been involved with former transport minister S Iswaran in an obstruction of justice case, involving the Formula 1 night race.
Companies & Markets
HOT STOCK

Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea

HPL says that discussions are still ongoing on the viability of redeveloping Forum The Shopping Mall and voco Orchard Singapore.
Companies & Markets

HPL says no certainties in ongoing discussions to redevelop Forum The Shopping Mall, voco Orchard Singapore

Forum The Shopping Mall is valued at about S$990 million, HPL group executive director Christopher Lim said at the company’s annual meeting in April.
Property

Ong Beng Seng’s HPL looks to cut stakes in Forum mall, voco Orchard hotel: sources

Ong, former managing director of Hotel Properties Ltd, is widely known for bringing the Formula 1 night race to Singapore in 2008.
Singapore

Ong Beng Seng set to plead guilty on Aug 4 

Property tycoon Ong Beng Seng faces two charges: one of abetting offences under Section 165 of the Penal Code – which forbids public servants from accepting gifts from people involved with them in an official capacity – and another of abetting the obstruction of justice.
Singapore

Ong Beng Seng set for another pre-trial conference on Jul 23

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