The Business Times

Ong Beng Seng

Singapore

Billionaire Ong Beng Seng’s confidant bought yacht from Google co-founder Sergey Brin

Ong Beng Seng's lawyers earlier argued that a jail term would thus put his life in great risk due to his severe cancer.
Singapore

Ong Beng Seng gets S$30,000 fine, no jail term in case involving ex-minister Iswaran

Property tycoon Ong Beng Seng arriving at the State Courts on Aug 15.
Singapore

ICA to review Ong Beng Seng’s PR status after he was fined for abetting obstruction of justice

HPL's gross profit increased 3.5 per cent to S$85.2 million for the six months ended Jun 30, 2025.
Companies & Markets

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

Ong was handed dual charges in relation to his involvement with Iswaran - who in 2024 was convicted of charges related to obtaining valuable items as a public servant and obstructing justice and sentenced to 12 months’ jail.
Singapore

Who is Ong Beng Seng, the tycoon involved in the Iswaran graft scandal?

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

Ong Beng Seng arrives at the courts on Aug 4. His legal team includes Senior Counsel Cavinder Bull, CEO of Drew & Napier and lawyers from Allen & Gledhill led by Senior Counsel Jason Chan.
Property

Prosecution accepts judicial mercy for cancer-stricken Ong Beng Seng; sentencing set for Aug 15

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 

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