The Business Times

Hotel Properties Ltd

Companies & Markets

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

Questions mount over Hotel Properties Limited's long-term strategic direction, as it navigates leadership changes and puts a new share buyback mandate in motion.
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 shopping mall and voco Orchard.
Companies & Markets

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

Hotel Properties Ltd (HPL) is in talks to sell majority stakes in the Forum shopping mall, as well as the voco Orchard hotel.
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 

The billionaire was previously set to plead guilty on Jul 3, before his hearing was rescheduled.
Singapore

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

Ong was originally due to plead guilty on Jul 3.
Singapore

Ong Beng Seng’s case back to Jul 8 pre-trial conference; previously meant to plead guilty on Jul 3

Founder Ong Beng Seng had travelled for medical and work-related purposes between Apr 28 and May 16.
Companies & Markets
HOT STOCK

Ong Beng Seng’s HPL jumps almost 10% in heavy trading; company says unaware of reason for spike

The businessman was handed two charges in October 2024, due to his dealings with former transport minister S Iswaran.
Property

Ong Beng Seng’s next court date fixed for Jun 10

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