Heeton Holdings

M&A

Heeton and KSH in joint acquisition of second Japan hotel

SINGAPORE (Aug 16): Heeton Holdings and KSH Holdings is jointly acquiring its second hotel in Japan.

Property

112 of 300 units put up for sale at Affinity at Serangoon sold over weekend: Oxley

SINGAPORE (June 4): Oxley Holdings says JV unit Oxley Serangoon sold 112 units out of the 300 units at Affinity at Serangoon during its Phase 1 launch over the weekend.

Results

Heeton's 1Q earnings more than double to $6.5 mil on higher income, share of profits

SINGAPORE (May 10): Property amd hotel group Heeton Holdings reported first quarter earnings more than doubled to $6.45 million for 1Q18 from $2.80 million in 1Q17.

Broker's Calls

CIMB thinks these 5 small developers with exposure to Gaobeidian are 'beautiful'

SINGAPORE (Jan 18): CIMB likes five unrated developers with market caps ranging from $140-$470 million and property development activities in Singapore and China, in the Gaobeidian area.

Property

KSH, Lian Beng and Heeton acquire Geylang properties for $60 mil via jointly-owned subsidiary

SINGAPORE (Dec 11): Development 24, a property development and investment holding company owned by KSH Holdings, Lian Beng Group and Heeton Holdings, has exercised an option to purchase a group of freehold properties along Geylang Lorong 24 for a conside

Property

Heeton to sell The Woodgrove for $55.9 mil

SINGAPORE (Dec 6): Heeton Estate, a wholly-owned subsidiary of Heeton Holdings, has agreed to sell development at 30 Woodlands Avenue 1, The Woodgrove, for $55.85 million to an undisclosed purchaser registered in Singapore.

Results

Heeton back in the black with 3Q earnings of $27.2 mil

SINGAPORE (Nov 7): Heeton Holdings has announced $27.2 million in earnings for 3Q17, turning around from its loss of $11.2 million in the same period a year ago on one-off gains recorded during the quarter.

Property

Heeton-led consortium acquires Dry Bar in Manchester for hotel conversion plans

SINGAPORE (Sept 12): A consortium comprising Heeton Holdings, KSH Holdings and Ryobi Kiso Holdings is acquiring Dry Bar, an entertainment venue in Manchester City, with a view to redevelop the property into a boutique hotel.

Property

Heeton-led consortium commences first phase of Leeds regeneration scheme

SINGAPORE (Sept 6): A consortium comprising Heeton Holdings, Lian Beng Group, Ryobi Kiso Holdings and KSH Holdings has started the first phase of its new regeneration scheme at Bridge Street, Leeds, England, UK.

Results

Heeton 1H earnings climb 40% to $13.1 mil on higher revenue

SINGAPORE (Aug 7): Property group Heeton Holdings posts earnings of $13.1 million for the 1H ended June, climbing 40.2% from earnings of $9.4 million a year ago.
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