The Place Holdings

Results

The Place Holdings back in black with net profit of $2.96 mil for FY2023

The revenue of its integrated media-related business unit in FY2023 has recovered back to pre-Covid-19 levels.

Property

Sceneca Residence, first new launch of 2023, hits 60% sales on first day

The developer is a consortium made up of MCC Singapore, Ekovest Developments and The Place Holdings
Riding on 'spectacular boom', The Hour Glass sweeps this category clean - THE EDGE SINGAPORE

Billion Dollar Club 2022

Riding on 'spectacular boom', The Hour Glass sweeps this category clean

"Demand for high-end watches is so voracious that supply cannot keep up"

kopi-C: the Company brew

The Place Holdings: shaping the digital future in Asia

The Place Holdings has refreshed its long-term growth strategy in Singapore
The Place Holdings to invest $200 mil towards omnichannel ecosystem in partnership with SMRT's business arm - THE EDGE SINGAPORE

Deals, joint ventures & alliances

The Place Holdings to invest $200 mil towards omnichannel ecosystem in partnership with SMRT's business arm

The Place Holdings will invest approximately $200 million in the L.I.F.E omni-channel ecosystem.

Company in the news

The Place Holdings appoints NTUC assistant director-general Yeo Guat Kwang as independent director

Yeo is also currently the chairman of the Migrant Workers’ Centre and Centre for Domestic Employees.

M&A

The Place Holdings proposes to acquire 51% stake in Sun Xin Investment and Sun Oriental for $47.0 mil

As at 9.30am, shares in The Place Holdings are trading 0.5 cent higher or 6.41% up at 8.3 cents.
The Place Holdings and SMRT's Stellar Lifestyle collaborate on various digital initiatives - THE EDGE SINGAPORE

Deals, joint ventures & alliances

The Place Holdings and SMRT's Stellar Lifestyle to collaborate on various digital initiatives

The Place Holdings and SMRT's Stellar Lifestyle to collaborate and jointly build Singapore's first sky screen.
The Place Holdings is sector winner; BRC Asia and Kimly top earnings growth and ROE respectively - THE EDGE SINGAPORE

Billion Dollar Club 2021

The Place Holdings is sector winner; BRC Asia and Kimly top earnings growth and ROE respectively

The three companies that won in the cyclical consumer services sector are a rather diversified bunch.

Property

The Place Holdings to dispose 1.5% stake in The Place Yuntai Investment for $4.3 mil

The proposed disposal is also in line with The Place Holdings’ efforts to maintain a strong balance sheet.
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