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…
Tag
Beng
News
Hong Leong has ‘abundant opportunities’ for greater Shanghai, China collaboration: Kwek Leng Beng
These can include participating in the city’s government funds, with proceeds disbursed to companies in the high-tech innovation space or…
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…
News
Ong Beng Seng convicted in Iswaran corruption case: What’s next for the HPL empire?
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 4) but pared losses as property magnate Ong Beng Seng pled…
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…
Culture
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…
Culture
Tycoon Ong Beng Seng should sell his Hotel Properties Limited stake
Since news broke in mid-July 2023 of the Corrupt Practices Investigation Bureau’s questioning of Ong Beng Seng regarding his dealings with…
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
Ong Beng Seng to step down as HPL managing director
Hotel Properties Ltd (HPL) announced on Monday (Apr 14) that managing director Ong Beng Seng will be stepping down from the position to…
Culture
Ong Beng Seng’s guilty plea mention postponed
The court hearing for property magnate Ong Beng Seng to plead guilty has been rescheduled to Apr 25. This is so that the 81-year-old has…
Business
Ong Beng Seng’s HPL to focus on Orchard Road properties after exiting Cuscaden consortium
HOTEL Properties Limited (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings…
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…
Business
Ong Beng Seng acquires 150,000 more shares in Hotel Properties for S$537,000
PROPERTY tycoon Ong Beng Seng has acquired 150,000 shares in Hotel Properties Limited (HPL) via an off-market transaction for S$3.58 per…