Welcome!
The Hour Glass
Cheng family raises stake in Wing Tai; funds sell PLife REIT and The Hour Glass
On July 9, Fidelity sold 347,700 shares of luxury watch purveyor The Hour Glass for $511,398 or an average of $1.47 each.
July 23, 2021
Top management of Ho Bee Land and Hour Glass raise stakes in respective firms
Chairmen Chua Thian Poh of Ho Bee Land property group and Henry Tay of The Hour Glass, raise stakeholdings in respective firms.
June 04, 2021
Right Timing
Caution as Yinda spikes; blue chips recover
As Sea enters MSCI Singapore, blue chips have strengthened while lower liners surged temporarily.
May 28, 2021
Right Timing
Sudden surge for The Hour Glass as STI meanders sideways
The Hour Glass experienced a price and volume surge that took prices to above the book value of 97 cents.
May 21, 2021
Results
The Hour Glass reports 8% growth in earnings for FY21, declares DPS of 4 cents
The board of directors has recommended a DPS of 4 cents for FY21, up from 2 cents in FY20.
May 20, 2021
Things to do
Across time and space
This week, we look at culinary and cultural delights from different historical periods, both here and abroad.
March 19, 2021
Sector Focus
Physical stores show recovery amid sale season; retailers move online
Retailers are seeing some recovery amid the festive sale season, but can brick-and-mortar survive without going online?
December 18, 2020
Property
The Hour Glass to acquire 2 New Zealand office buildings for $54 mil
The Hour Glass says the properties, located in Auckland’s prime luxury retail precinct, will provide the group with the opportunity to develop and strengthen its footprint in New Zealand over time.
January 22, 2020
Family business
Patek Philippe generations
In the 1960s, the Stern family and the Tay family laid the foundations for a multi-generational partnership and an enduring friendship. Based on trust and a shared dedication to both preserve the patrimony of the traditional watchmaking arts and to foster
August 30, 2019