Floating Button
Home City and country Broker's Calls

DBS thinks ‘lodging powerhouse’ Far East Orchard could divest $1.1 bil in non-core assets

Jovi Ho
Jovi Ho • 4 min read
DBS thinks ‘lodging powerhouse’ Far East Orchard could divest $1.1 bil in non-core assets
FEO CEO Alan Tang. “As FEO embarks on its next phase of transformation under the FEOR2030 framework, we see potential to exploit these non-core assets, monetise and recycle to grow FEOR’s asset-light platforms,” says DBS. Photo: FEO
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Far East Hospitality (FEH), the focus of this week’s cover story on City & Country, is a 70:30 joint venture between Mainboard-listed Far East Orchard (FEOR) and The Straits Trading Company.

As at March 10, the thinly traded FEOR is 63.61%-owned by Far East Organization, the largest private property developer in Singapore. Only two research houses are known to cover FEOR: DBS Group Research and SAC Capital. Both houses have kept FEOR unrated in their latest reports, dated April 10 this year and Oct 28, 2025, respectively.

Listed on the Singapore Exchange in 1968, FEOR — formerly known as Ming Court — was focused on developing and operating hotels in Singapore. In the 2010s, management repositioned the group to branch out into development projects and healthcare properties. In 2012, FEOR exited its hospitality assets through the REIT listing of Far East Hospitality Trust.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.