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Hotel Properties Limited
Results
HPL back in the black for FY2022 with earnings of $76.4 million
The company plans to pay a final dividend of four cents, plus a special dividend of another cent
February 24, 2023
Broker's Calls
DBS initiates 'buy' on Hotel Properties with TP of $4.35
DBS analysts Elizabelle Pang and Derek Tan see several positives including the group being a beneficiary of revenge travel.
February 20, 2023
Property
HPL to book $29 million gain from sale of London hotel
HPL is one of the three parties in the Cuscaden Peak consortium that has recently won the bid for Singapore Press Holdings.
April 10, 2022
Company in the news
SPH given go ahead to hold scheme meeting to vote on Cuscaden's offer
SPH had earlier rebuffed Keppel's offer
February 14, 2022
M&A
Delicious de-listings
We drank in sympathy with one of our number. We went home and regained enough sobriety to remember to buy the stock the next day.
November 18, 2021
M&A
Hotel Properties acquires remaining shares in Palmco Hotels, HRH Merchandise for $34.7 mil
SINGAPORE (Dec 20): Hotel Properties announced that its wholly-owned subsidiary HPL Properties (SEA) is acquiring an additional 50% interest in Palmco Hotels (PHSB) and an additional 10% interest in HRH Merchandise (HRHM) from ISY Holdings for a total co
December 20, 2017
Hotel Properties to develop luxe hotel in Pacific island of Palau
SINGAPORE (Sept 7): Hotel Properties Limited is planning to develop a luxury hotel on the Pacific island republic of Palau.
September 07, 2017
Hotel Properties sees flat 1Q earnings of $14.3 mil
SINGAPORE (May 12): Hotel Properties Limited (HPL) reported 1Q earnings of $14.34 million, or 2.32 cents per share, up slightly from $14.3 million a year ago.
May 12, 2016