Hatten Land

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.

Results

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.

Property

Hatten Land announces $95.5 mil property development project in Melaka

SINGAPORE (July 21): Hatten Land, formerly known as VGO Corporation, has broken ground for its RM300 million ($95.5 million) property development project, Satori, in Melaka, Malaysia.

The Edge Singapore

Broker's Calls

This developer is banking on Malacca’s transformation

SINGAPORE (June 21): CIMB is starting Hatten Land with an “add” rating and a target price of 38 cents, given its 45% discount to RNAV.

Broker's Calls

Hatten Land to reach safer ground in FY18

SINGAPORE (May 16): UOB Kay Hian is maintaining its “buy” recommendation on Hatten Land with a target price of 43 cents after the Malaysian property developer posted lower-than-expected 3Q17 earnin

Results

Hatten Land sinks into the red on RTO-related expenses

SINGAPORE (May 11): Hatten Land, the property development arm of Malaysian conglomerate Hatten Group, reversed to a loss of RM74.2 million ($24.1 million) for the third quarter ended March 31, comp

Prime property portfolio makes this Malaysian developer a solid bet

SINGAPORE (March 14): UOB Kay Hian is starting coverage of Hatten Land with a “buy” call and a target price of 43 cents.

Hatten Land Colin Tan

Broker's Calls

Hatten Land started at ‘overweight’ by NRA Capital

SINGAPORE (Feb 28): NRA Capital has initiated coverage on property developer Hatten Land with an “overweight” rating and a fair value estimate of 44 cents.

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