Wee Hur

Wee Hur Holdings prices S$30 million notes due 2030 at 4.8%

The notes are expected to be issued on Dec 1 and to list on the Singapore Exchange on Dec 2

Wee Hur is engaged in the  purpose-built student accommodation business.

Wee Hur selling Adelaide student accommodation property for S$14.2 million

The buyer is Grenfell Trust, an indirect 90.48% owned sub-trust of Wee Hur PBSA Fund III A

Aravest CEO Moses Song (left) with Wee Hur Property CEO Goh Chengyu. The partnership combines Wee Hur's track record in development and construction with Aravest's investment vision.

Aravest, Wee Hur complete S$160 million purchase of former Hotel Miramar Singapore

Price works out to S$465,100 per room; property to be rebranded DoubleTree by Hilton after renovation

Wee Hur’s purpose-built student accommodation in Adelaide. The company will issue the notes pursuant to its S$500 million multicurrency medium-term note programme established on May 29.

Wee Hur prices S$175 million fixed rate notes due 2030 at 4.8%

They will be issued on Nov 4 and listed on the Singapore Exchange on Nov 5

The company's bid crossed the second-highest bid from Frasers Property, Soilbuild Group and CYZ Land by 2 per cent.
HOT STOCK

Wee Hur shares up 3.4% after property arm named top bidder of Upper Thomson condo site

The bid amounts to a land price of S$1,061.56 per square foot per plot ratio

Wee Hur’s PBSA at 124 Waymouth Street in Adelaide (pictured). The group plans to consolidate its PBSA assets under the Wee Hur PBSA Fund III A.

Wee Hur unit in JV to build Wycombe Abbey international school in Singapore

It also plans to consolidate its purpose-built student accommodation assets under a new fund

Goh Yeow Lian, Wee Hur’s executive chairman and managing director (left) and Goh Wee Ping, chief executive officer of Wee Hur’s fund management arm Wee Hur Capital, are steering the mainboard-listed property developer through headwinds across its business segments.
TOPLINE

Wee Hur gears up for growth with bigger ambitions

Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth

Wee Hur’s purpose-built student accommodation (PBSA) at 124 Waymouth Street in Adelaide. Wee Hur plans to capitalise on opportunities in the Australian PBSA sector, which faces strong tailwinds, such as sustained growth of international student numbers and Australia’s persistent housing shortage

Wee Hur H1 profit falls 42% to S$38.7 million

It declares an interim cash dividend of S$0.005 per share

Wee Hur’s purpose-built student accommodation at 124 Waymouth Street in Adelaide. The company has eight such facilities in Australia.
HOT STOCK

Wee Hur jumps 6.5% to record high as Australia raises cap on foreign students

The counter has risen more than 15% this week and 76.2% in the year to date

“This recognition by a US institutional investor reflects the growing visibility and attractiveness of SGX-listed companies on the global stage," says the bourse operator.

US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks

Yangzijiang Financial ranks top in stock weight among SGX-listed companies in the fund