Hiap Hoe

Hiap Hoe disposes Four Points by Sheraton, Melbourne Docklands for A$96 mil - THE EDGE SINGAPORE

Property

Hiap Hoe disposes Four Points by Sheraton, Melbourne Docklands for A$96 mil

The proceeds will be used for repayment of the company’s bank borrowings and for working capital use.

Company in the news

Hiap Hoe rebrands two hotels to Aloft Singapore Novena

The rebranding of the two hotels is expected to commence in 3QFY2023.
Hiap Hoe owns 59 strata units at en-bloc sales aspirant Orchard Towers - THE EDGE SINGAPORE

Property

Hiap Hoe owns 59 strata units at en-bloc sales aspirant Orchard Towers

As at June 30 2021, Hiap Hoe’s net asset value was 157.76 cents. It last traded at 66 cents.

Results

Hiap Hoe sinks into 1Q loss despite revenue surge

SINGAPORE (May 9): Property group Hiap Hoe has announced a loss of $1.3 million for 1Q18, reversing into the red from earnings of $7.1 million a year ago on higher expenses and foreign exchange losses.

Results

Hiap Hoe swings back to profitability with 2Q earnings of $1.4 mil

SINGAPORE (Aug 10): Real estate group Hiap Hoe is back in the black with 2Q17 earnings of $1.4 million compared to the loss of $3.1 million it posted in the same period a year ago. 
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