Hatten Land


Hatten Land announces Australia expansion plans with Melbourne land acquisition

SINGAPORE (Mar 6): Hatten Land intends to foray into the Australian real estate market by acquiring a land parcel in Southbank, Melbourne, from Australia’s Sundale Developments for a consideration


Hatten Land reports 96% fall in 4Q earnings to $0.86 mil on lower revenue and higher expenses

SINGAPORE (Aug 29): Hatten Land on Tuesday announced that its 4Q18 earnings have dipped 95.7% to RM2.60 million ($0.86 million), compared to RM59.7 million in 4Q17.


Hatten to develop $67 mil water themepark at Harbour [email protected]

SINGAPORE (Aug 7): Hatten Land intends to jointly build a RM200 million ($67 million) water themepark in Melaka, Malaysia, in collaboration with resort operator Samsung C&T Corp and Polin Water


Hatten Land's 3Q net loss narrows to $4.4 mil on absence of one-off RTO expenses

SINGAPORE (May 9): Hatten Land saw a net loss of RM13.2 million ($4.4 million) in 3Q18 ended March compared to a net loss of RM72.5 million a year ago in 3Q17 when the group reported a one-off expe

Hatten Land launches mall management arm to bolster recurring revenue

SINGAPORE (May 3): Property developer Hatten Land announced Thursday it has incorporated a new mall management arm, Hatten Commercial Management, to complement its core property development busines


Hatten Land's 2Q earnings halve to $3.6 mil on lower revenue & higher expenses

SINGAPORE (Feb 12): Hatten Land has posted earnings of RM10.8 million ($3.6 million) for 2Q18, down by 50% from its earnings of RM21.1 million a year ago on lower revenue and higher expenses.


Hatten Land acquires land parcels in Melaka for $35.3 mil for mixed developments

SINGAPORE (Nov 17): Hatten Land is acquiring two parcels of land in Melaka for a combined RM108.6 million ($35.3 million) which will be developed into separate integrated projects.


Hatten Land posts 63.2% rise in 1Q earnings to $1 mil on higher progressive sales

SINGAPORE (Nov 7): Property developer Hatten Land has announced RM3 million ($1 million) in earnings for 1Q18, rising 63.2% from RM1.8 million a year ago on higher revenue and lower expenses.

From Bloomberg

Broker's Calls

Hatten Land kept at ‘buy’ on improving Malacca property market

SINGAPORE (Aug 18): CIMB is maintaining its “add” call on Hatten Land with a target price of 38 cents on better fourth quarter operating performance.


Hatten FY17 earnings treble to $19 mil despite RTO expenses; declares maiden dividend

SINGAPORE (Aug 17): Hatten Land, the Malacca based developer formerly known as VGO Corp, reported 4Q17 earnings surge three-fold to RM59.7 million ($19 million) from RM19.9 million in 4Q16.

Be informed of the stories that matter