Fragrance Group

Back in October 2021, Koh Wee Meng had privatised Fragrance Group

The offeror had received valid acceptances of 6.143 billion shares, representing 91.5% of all the issued shares in the group.

According to Fragrance, the offer will allow shareholders to realise their investment at a premium.

Practical completion certificate for the remaining 394 residential units and the hotel (Phase 2) is expected to be issued in March

SINGAPORE (Sept 16): The property sector, together with finance, logistics and manufacturing, is the pillar of any modern economy. Scale is critical to success, and those with the financial muscle can steadily lever up to become even bigger.

SINGAPORE (Sept 9): After 13 long weeks of protests in Hong Kong, an end to the political crisis in the Special Administrative Region may be in sight. On Sept 4, the city’s embattled leader Carrie Lam formally announced the withdrawal of the extradition

SINGAPORE (Sept 4): Fragrance Group is acquiring Min Yuan Apartments, through its wholly-owned subsidiary Fragrance Victory, for $141 million.

SINGAPORE (May 13): Fragrance Group recorded a loss of $3.7 million in 1Q19, compared to earnings of $8.5 million in 1Q18.

SINGAPORE (Aug 8): Fragrance Group has reported a near-doubling of 2Q earnings to $6.8 million from $3.8 million a year ago due to higher revenue.  

SINGAPORE (May 15): Property developer Fragrance Group saw its earnings jump 57.7% to $8.5 million for the 1Q ended March, from $5.4 million a year ago.