Far East Orchard

SINGAPORE (Aug 6): Far East Orchard posted earnings of $2.4 million for the 2Q19 ended June, some 53.7% higher than earnings of $1.6 million a year ago.

SINGAPORE (May 7): Developer Far East Orchard reported 1Q19 earnings of $3.4 million, down 55.4% to $7.7 million a year ago on lower share of profit of associated companies.

SINGAPORE (Apr 17): Far East Hospitality, the operator of hotels and serviced residences, announced that it is expanding its regional footprint into Vietnam.

SINGAPORE (Mar 17): Far East Orchard has acquired a portfolio of three freehold student accommodation properties in the UK for £55.0 million ($98.7 million).

SINGAPORE (May 28): Far East Orchard’s 70%-held subsidiary Far East Hospitality Holdings (FEHH) has entered into a 50-50 joint venture with Boo Han Holdings (BHH), a member of Far East Organization, to jointly undertake a hotel project in Japan for 8.20

SINGAPORE (Apr 24): Far East Orchard saw its earnings climb 36.9% to $7.7 million for the 1Q ended March, from $5.6 million a year ago.

SINGAPORE (Feb 22): Far East Orchard reported a 66.8% decline in FY17 earnings to $21.6 million from $65 million a year ago.

SINGAPORE (Nov 6): Far East Orchard saw its earnings tumble 72.1% to $2.9 million for the 3Q ended September, from $10.5 million a year ago.

SINGAPORE (Aug 2): Property group Far East Orchard posted a 97.3% fall in 2Q17 earnings to $1 million from $37 million in 2Q16.

SINGAPORE (Aug 1): Singapore sovereign wealth fund GIC has announced Koh Boon Hwee, a member of the GIC Investment Board since Jan 2016, as the director of the GIC Board with effect from Aug 14.