oxley holdings

Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue

Its loss per share stands at S$0.002, against a LPS of S$0.0224 in H2 of FY2024

 Oxley Holdings says that its CEO Ching Chiat Kwong's purchase of Palazzo Papadopoli was conducted through public tenders and was entirely above board.

Investigations against CEO Ching related to Venetian corruption probe considered concluded: Oxley  

He has never personally received any notification of any investigation for the allegations, and no charges have been brought against him, the company says

Ching Chiat Kwong, CEO of Oxley Holdings, notes that the sale is not expected to have a material impact on its earnings per share or net tangible assets per share for the financial year to June 2025.

Oxley Holdings unit divests 30% interest in luxury hotel, proceeds to improve cash flow ‘significantly’

Oxley Rising has separately agreed to sell a luxury hotel in Kuala Lumpur for RM250 million (S$77.2 million) to Artisan Hospitality

The company attributed the projected red ink to impairment losses, finance costs, and lower revenue recognised from the group’s property development projects.

Oxley Holdings expects net loss for H2, FY2024 earnings

PROPERTY developer Oxley Holdings said on Friday (Aug 23) that it expects to post a net loss for both the second half and full year ended Jun 30, 2024.

Oxley chief executive officer Ching Chiat Kwong purchased Italian properties Palazzo Dona and Palazzo Papadopoli as personal investments.

No arrests made in connection with properties purchased by Oxley CEO, group says  

No person has been arrested in connection with Pili Land either, says chief executive’s lawyer

The company has further clarified that CEO Ching Chiat Kwong represented it in considering the Pili Land in Venice, Italy.

Oxley Holdings further clarifies background facts with regard to CEO allegations

Oxley had said allegations of Ching’s involvement in Venice corruption probes were untrue

No charges by the Venice Public Prosecutor’s Office have been brought against Ching Chiat Kwong.

Allegations related to Venice corruption probe ‘unfounded and untrue’: Oxley CEO

The investigation does not compromise his suitability for the role, the company’s nominating committee says

Oxley Towers KLCC, a freehold property, comprises two hotel towers with residences, an office tower and a retail podium linking all the three towers. It is next to the iconic Petronas Twin Towers in the centre of the Malaysian capital.

Oxley Holdings posts H1 loss of S$1.1 million on lower revenue, offset by lower finance costs, tower sale

PROPERTY developer Oxley Holdings has posted a loss of S$1.1 million in the first six months of its financial year ended Dec 31, 2023, reversing from a profit of S$277,000 in the previous correspondin...

Oxley Towers KLCC, a freehold property, comprises two hotel towers with residences, an office tower and a retail podium linking all the three towers.

Oxley Holdings sells Grade A office tower at Oxley Towers KLCC to Alliance Bank Malaysia

PROPERTY developer Oxley Holdings is selling an office tower at Oxley Towers KLCC in Kuala Lumpur for approximately RM406 million (S$118 million) to Alliance Bank Malaysia.