Hatten Land

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.

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.

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.

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 earnings last Thursday.

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, compared to its RM5.6 million of earnings posted in the same q

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

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.