Hotel Properties Ltd
Hotel Properties prices $150 million perpetual securities at 4.38%
Net proceeds will be used to refinance existing borrowings and fund working capital requirements
Hotel Properties swings to H2 FY2025 loss of S$57.7 million, proposes dividend of S$0.04
It says that tourist arrivals grew in 2025, but that geopolitical, trade and interest-rate uncertainty could hurt the business environment
Ong Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high
The group is expected to release its results by Feb 27
Hotel Properties is back in the black with S$11.4 million H1 profit
Earnings per share for the period was S$0.0134, up from a loss per share of S$0.0162 in the year before
What’s next for Ong Beng Seng’s HPL?
Fresh share-buyback mandate, stepped-up business plans raise questions on the group’s future direction
Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea
The counter had earlier tumbled S$0.07 to S$5.39 from its open price but rebounded before noon
HPL says no certainties in ongoing discussions to redevelop Forum The Shopping Mall, voco Orchard Singapore
[SINGAPORE] Hotel Properties Limited (HPL) has clarified that it is still in discussions with parties over the redevelopment of Forum The Shopping Mall and voco Orchard Singapore.
Ong Beng Seng’s HPL looks to cut stakes in Forum mall, voco Orchard hotel: sources
[SINGAPORE] The property firm of embattled billionaire Ong Beng Seng is looking to reduce its stakes in two marquee assets along Singapore’s Orchard Road shopping strip, according to people familiar w...
Ong Beng Seng set to plead guilty on Aug 4
The tycoon faces one charge of abetting offences under Section 165 of the Penal Code, and one charge of abetting the obstruction of justice
Ong Beng Seng set for another pre-trial conference on Jul 23
The property tycoon was previously set to plead guilty to two charges on Jul 3