Chua Thian Poh

Ho Bee Land reports 2HFY2020 earnings of $46.5 mil, books fair value loss of $32.8 mil - THE EDGE SINGAPORE

Results

Ho Bee Land reports 2HFY2020 earnings of $46.5 mil, books fair value loss of $32.8 mil

Ho Bee Land has reported earnings of $46.5 million for the 2HFY2020, down 84% y-o-y, as it booked fair value losses of $32.8 million on investment properties for the six months ended Dec 2020.

Insider moves

Ho Bee CEO Chua and Riverstone CEO Wong raise stakes in respective companies

Chua Thian Poh, chairman and CEO of Ho Bee Land, increased his stake in the property group.

Company in the news

Teckwah chairman Chua offers to privatise company at 65 cents per share

A consortium led by Thomas Chua (picture), executive chairman of Teckwah Industrial Corporation, is offering 65 cents a share to buy out minority shareholders of the logistics and printing company.

Results

Ho Bee Land 2Q19 earnings fall 80% to $14 mil on share of losses

SINGAPORE (Aug 6): Ho Bee Land reported 2Q19 earnings of $14.4 million, or 2.16 cents per share, down 79.9% from $71.5 million in the previous year.

Family business

Consistent performers amongst SGX's family empire-linked plays

SINGAPORE (June 11): SGX lists at least 24 companies and two trusts associated with seven business empires run by some of Singapore’s richest families.

Results

Ho Bee Land’s 2Q earnings more than double to $42 mil

SINGAPORE (Aug 12): Ho Bee Land posts earnings of $42.0 million in 2Q16, an increase of 151.8% from $16.7 million in the corresponding quarter last year.

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