Welcome!
Hiap Hoe Limited
M&A
Hiap Hoe to acquire Great Eastern Motor Lodge in Western Australia for A$40 mil
says the proposed acquisition presents an investment opportunity with high occupancy levels that could increase recurrent incomes.
December 19, 2023
Property
Hiap Hoe debuts Singapore’s first Aloft Hotel in Balestier
Hiap hoe debuts world's largest Aloft Hotel in Singapore.
September 18, 2023
Company in the news
Hiap Hoe rebrands two hotels to Aloft Singapore Novena
The rebranding of the two hotels is expected to commence in 3QFY2023.
February 24, 2023
Company in the news
Hiap Hoe's Orchard Towers en bloc sale failed
The en bloc sale of Orchard Towers was not successful. Hiap Hoe owns 59 strata units in the property.
February 20, 2023
Results
Hiap Hoe, Emerging Towns & Cities, Santak send respective profit warnings
Hiap Hoe and ETC Singapore will report their earnings on or around Feb 28; Santak will report its earnings in mid-February
February 03, 2023
Company in the news
Hiap Hoe to propose final dividend of 0.5 cent per share at next company AGM
The company’s statement comes in response to a shareholder’s query before the AGM.
April 28, 2021
Results
Hiap Hoe 4Q earnings surged 141.4% to $68.0 mil on higher revenue
SINGAPORE (Feb 28): Hiap Hoe reported 4Q17 earnings increased by 141.4% to $68.0 million compared to $28.2 million in 4Q16.
February 28, 2018
M&A
Hiap Hoe acquires Orchard Towers shops and offices for $162 mil
SINGAPORE (Nov 3): Hiap Hoe is acquiring 21 shops and 38 offices at Orchard Towers.
November 03, 2017
Property
Hiap Hoe acquires UK Holiday Inn Express for $46.4 mil
SINGAPORE (June 16): Real estate group Hiap Hoe is acquiring Trafford City Hotel Limited – the owner of Holiday Inn Express Trafford City, Mercury Way, Manchester, UK – through its indirect wholly-owned subsidiaries for a consideration of £26.3 milli
June 16, 2017