Business
Ong Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high
Hotel Properties Ltd (HPL), owned by real estate magnate Ong Beng Seng, is expected to post a net loss for the financial year ended Dec…
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Beng
News
Property Magnate Ong Beng Seng Retains PR Status in Singapore, Gets Warning From ICA
The Immigration and Checkpoints Authority (ICA) announced on Monday, November 10, that billionaire Ong Beng Seng's status as a permanent…
Business
Stocks to watch: Sats, Great Eastern, Wing Tai, Beng Kuang Marine, Capital World
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 21): Sats: The airline caterer…
Business
Beng Kuang expands into chemical cleaning in oil and gas industry
Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday…
Business
What’s next for Ong Beng Seng’s HPL?
While Hotel Properties Ltd (HPL) maintains a “business as usual” stance after founder Ong Beng Seng’s exit from management and his…
Business
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 8) but pared losses as property magnate Ong Beng Seng pled…
Business
HPL shares unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pleaded…
Business
HPL investors unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng…
Business
HPL investors unfazed by founder Ong Beng Seng’s guilty plea; shares up 1.1% at midday
Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng…
Business
Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) ended their session on Monday (Aug 4) 0.7 per cent or S$0.04 up at S$5.50, following its founder Ong…
Unsorted
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including…
News
Property Tycoon Ong Beng Seng's Case Sees Another Adjournment; New Pre-Trial Conference Date Set for July 23
Property magnate Ong Beng Seng, who has been embroiled in criminal allegations linked to former Transport Minister S Iswaran, will have…
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Singapore: Real Estate Mogul Ong Beng Seng's Guilty Plea Hearing Postponed
The guilty plea of property tycoon Ong Beng Seng, who is facing two charges related to the case of former transport minister S Iswaran,…
Business
HPL jumps 5.5% after announcing that Ong Beng Seng will step down as managing director
Shares of Hotel Properties Limited (HPL) rose on Monday (Apr 14) by over 5 per cent, following the company’s announcement that property…
Business
‘Stripping away any meaningful authority’ of CDL’s chairman is a ‘coup’: Kwek Leng Beng
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attempted coup “misses the point”, in yet…
Business
Sherman Kwek saying ‘there was no attempt to oust me misses the point’: CDL chairman Kwek Leng Beng
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attemptto oust him “misses the point”, in yet…
Business
Who is Catherine Wu, adviser to Kwek Leng Beng?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very…
Business
Who is Catherine Wu, the woman said to have a ‘long relationship’ with Kwek Leng Beng?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very…
News
Two new CDL directors will not exercise any powers until further notice from court: Kwek Leng Beng
THE two new directors appointed by CDL’s board have undertaken not to exercise any powers as directors until further notice, said CDL…
Business
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive…
Business
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…