Heeton Holdings

Property

Heeton-KSH-Oxley-SLB JV delays Nov launch of Gaobeidian project amid trade war

SINGAPORE (Oct 21): Heeton Holdings, KSH Holdings, Oxley Holdings and SLB Development have delayed the November launch of its Gaobeidian project in China.

M&A

Heeton, KSH, Lian Beng jointly acquire Hotel Indigo Glasgow in Scotland

SINGAPORE (Oct 3): Heeton Holdings, KSH Holdings and Lian Beng Group have jointly acquired Hotel Indigo Glasgow in Scotland on Monday.

M&A

Heeton acquires Stewart Apartments; first hospitality asset in Scotland

SINGAPORE (Oct 1): Heeton Holdings has acquired the Stewart Apartments in Edinburgh, Scotland.

M&A

Heeton and KSH in joint acquisition of second Japan hotel

SINGAPORE (Aug 16): Heeton Holdings and KSH Holdings is jointly acquiring its second hotel in Japan.

Property

112 of 300 units put up for sale at Affinity at Serangoon sold over weekend: Oxley

SINGAPORE (June 4): Oxley Holdings says JV unit Oxley Serangoon sold 112 units out of the 300 units at Affinity at Serangoon during its Phase 1 launch over the weekend.

Results

Heeton's 1Q earnings more than double to $6.5 mil on higher income, share of profits

SINGAPORE (May 10): Property amd hotel group Heeton Holdings reported first quarter earnings more than doubled to $6.45 million for 1Q18 from $2.80 million in 1Q17.

Broker's Calls

CIMB thinks these 5 small developers with exposure to Gaobeidian are 'beautiful'

SINGAPORE (Jan 18): CIMB likes five unrated developers with market caps ranging from $140-$470 million and property development activities in Singapore and China, in the Gaobeidian area.

Property

KSH, Lian Beng and Heeton acquire Geylang properties for $60 mil via jointly-owned subsidiary

SINGAPORE (Dec 11): Development 24, a property development and investment holding company owned by KSH Holdings, Lian Beng Group and Heeton Holdings, has exercised an option to purchase a group of freehold properties along Geylang Lorong 24 for a conside

Property

Heeton to sell The Woodgrove for $55.9 mil

SINGAPORE (Dec 6): Heeton Estate, a wholly-owned subsidiary of Heeton Holdings, has agreed to sell development at 30 Woodlands Avenue 1, The Woodgrove, for $55.85 million to an undisclosed purchaser registered in Singapore.

Results

Heeton back in the black with 3Q earnings of $27.2 mil

SINGAPORE (Nov 7): Heeton Holdings has announced $27.2 million in earnings for 3Q17, turning around from its loss of $11.2 million in the same period a year ago on one-off gains recorded during the quarter.
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