Hong Lai Huat Group

Results

Hong Lai Huat guides for net loss in FY2022

The net loss is mainly due to non-cash items. This includes the partial write-off for its cassava biological assets.

Property

Hong Lai Huat to sell up to US$50 mil worth of units in D’Seaview in Cambodia

D’Seaview is the company’s upscale mixed-used development project in Cambodia.
Hong Lai Huat to be dual-listed on the Frankurt Stock Exchange - THE EDGE SINGAPORE

Company in the news

Hong Lai Huat to be dual-listed on the Frankfurt Stock Exchange

The company’s existing listing on SGX will remain.
Hong Lai Huat signs JV agreement for fourth mixed-use project in Cambodia - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Hong Lai Huat signs JV agreement for fourth mixed-use project in Cambodia

Hong Lai Huat will pay US$10 mil for a 49.6% stake in the JV company and contribute US$5 mil towards working capital.

Deals, joint ventures & alliances

Hong Lai Huat signs JV with HSC Group for exploration and mining of mineral resources

This is the second collaboration Hong Lai Huat has secured for the Cambodia-Singapore Agriculture Hub.
Hong Lai Huat signs MOU with CMEC for solar farm in Cambodia - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Hong Lai Huat signs MOU with CMEC for solar farm in Cambodia

Hong Lai Huat and CMEC will form a special purpose vehicle to develop and operate a 200MW solar farm at Aoral Eco-City.
Hong Lai Huat sells D'Kranji Farm Resort for $4.8 mil to operator Gallop Green - THE EDGE SINGAPORE

Company in the news

Hong Lai Huat sells D'Kranji Farm Resort for $4.8 mil to operator Gallop Green

Gallop Green has been managing the resort since June 2018.
Hong Lai Huat share price jumps 46%, triggers SGX query  - THE EDGE SINGAPORE

SGX query

Hong Lai Huat share price jumps 46%, triggers SGX query

Share price rose to 13.6 cents, up 4.3 cents or 46.2% higher from last close of 9.3 cents on March 16

Broker's Calls

4 top stock picks for 2019 as SAC remains 'cautiously optimistic' amid volatile market conditions

SINGAPORE (Dec 19): SAC Advisors says it remains “cautiously optimistic” about the Singapore market in 2019, despite volatile market conditions on the back of global geo-political risks.
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