Hotel Properties Limited (HPL) / Ong Beng Seng

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Ong Beng Seng's HPL reports $17.2 mil loss for 1HFY2023
https://www.theedgesingapore.com/capita ... s-1hfy2023

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Ong Beng Seng's HPL wins go-ahead to redevelop Orchard Road properties
https://www.theedgesingapore.com/news/p ... properties

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For the year ended Dec 2023, the company reported earnings of $561.0 million, versus $40.2 million reported for the preceding FY2022.

While the companyt enjoyed better operating numbers from the recovery of its hospitality businesses, the big chunk of the earnings growth came from $645 million in fair value gain on its Singapore investment properties.


HPL reports surge in FY2023 earnings on revaluation gains
https://www.theedgesingapore.com/capita ... tion-gains

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HPL buys Concorde Hotel & Shopping Mall for $821 mil in largest en bloc deal of 2024
https://www.theedgesingapore.com/news/p ... -deal-2024

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Hotel Properties Limited’s FY2024 earnings decline by 95.1% y-o-y to $27.2 mil on lower net fair value gain
https://www.theedgesingapore.com/capita ... r-net-fair

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Hotel Properties to acquire The Intercontinental Auckland for NZ$180 mil
https://www.theedgesingapore.com/news/c ... -nz180-mil