Welcome!
Hotel Properties (HPL)
Company in the news
Hotel Properties prices $160 mil of subordinated perpetual securities at 5.5%
The securities carry a rate of distribution of 5.5% per annum, with no fixed redemption date.
October 23, 2024
Corruption probe
Ong Beng Seng to continue being managing director of Hotel Properties
The news comes after Ong was charged in court for offences under Sections 165 and 204A(a) of the Penal Code on the same day.
October 04, 2024
Corruption probe
Billionaire courted Singapore’s political elite. It backfired
Ong Beng Seng's ways are taking centre stage after an investigation that has already toppled one of the most senior politicians in the city-state.
October 03, 2024
Singapore news
Singapore to review F1 deal, audit 2022 race after graft probe
'We are reviewing the terms of the deal again'
February 05, 2024
Property
Ong Beng Seng's HPL wins go-ahead to redevelop Orchard Road properties
HPL shares surge
August 28, 2023
M&A
Hotel Properties' new UK-based joint venture to acquire 90% stake in Italian hotel for $61 mil
Hotel Properties will be taking control of the 5-star luxury hotel in Italy.
February 18, 2020
SGX query
Hotel Properties triggers SGX query as shares jump as much as 7.6%
SINGAPORE (Oct 8): Hotel Properties (HPL) has triggered a query from Singapore Exchange Regulation (SGX RegCo), after its share price surged as much as 7.6% on heavy trading Tuesday morning.
October 08, 2019
Multi-industry
ST Engineering, Haw Par, Hotel Properties win top spots for second year running
SINGAPORE (Sept 16): Even as international markets and companies are falling prey to rising volatility, Singapore Technologies Engineering is powering through the macroeconomic uncertainties — not unlike one of its new Hunter Armoured Fighting Vehicles.
September 13, 2019
Buyout
OCBC says Hotel Properties could possibly be the next general offer candidate
SINGAPORE (Oct 15): OCBC Investment Research says Hotel Properties (HPL) could be the next candidate of a general offer.
October 15, 2018
Broker's Calls
Go defensiveness after this week's market meltdown, says OCBC
SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered.
October 12, 2018