Hongkong Land Holdings

SINGAPORE (Apr 12): Asia Radiant, a joint venture entity between Yanlord Land Group and Hongkong Land Holdings’ MCL Land, has won the tender for the en bloc sale of Tulip Garden with a bid of $906.9 million.

SINGAPORE (Mar 8): Hongkong Land Holdings, the property group which is a member of the Jardine group, announced FY17 earnings increased by 67% to US$5.6 billion ($7.37 billion) compared to US$3.35 billion in FY16.

SINGAPORE (Feb 26): An agreement between Hongkong Land and Malaysia-listed IOI Properties Group to jointly own and develop a prime land parcel in Singapore’s Marina Bay financial district could be in trouble.

SINGAPORE (April 21): For the second consecutive week, the benchmark Straits Times Index has trended down. From April 11 to 18, the STI lost 1.3% to close at 3,137.5 points. Our portfolio, too, fell 1.3%, with Golden Energy and Resources, Cogent Holdings

SINGAPORE (April 4): CIMB Research continues to rate property investment, management and development group Hongkong Land at “add” with a raised target price of US$8.50 ($11.90) from US$7.80 previously.

SINGAPORE (Nov 1): Deft risk-taking by a handful of midsized developers over the three years to 2015 made them the best performers in terms of the financial metrics by which the Billion Dollar Club companies are measured.

SINGAPORE (Sept 15): RHB is maintaining its “buy” on Sinarmas Land with 91 cents target price, convinced that the township developer is the “best proxy” for exposure to Indonesia’s sector property sector.

SINGAPORE (Sept 2): The first sale of land in Singapore’s Marina Bay in nine years is set to fetch a bumper price as developers jockey for a piece of the sought-after financial district.

SINGAPORE (July 28): Developer Hongkong Land Holdings saw a 6% drop in underlying profits to US$393 million ($531 million) for 1H2016 ended June compared to $419 million a year ago.