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.
Top management of Ho Bee Land and Hour Glass raise stakes in respective firms - THE EDGE SINGAPORE

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.
Caution as Yinda spikes; blue chips recover - THE EDGE SINGAPORE

Right Timing

Caution as Yinda spikes; blue chips recover

As Sea enters MSCI Singapore, blue chips have strengthened while lower liners surged temporarily.
Sudden surge for The Hour Glass as STI meanders sideways - THE EDGE SINGAPORE

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.
The Hour Glass reports 8% growth in earnings for FY21, declares DPS of 4 cents - THE EDGE SINGAPORE

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.
Across time and space - THE EDGE SINGAPORE

Things to do

Across time and space

This week, we look at culinary and cultural delights from different historical periods, both here and abroad.

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?

Global Economy

Briefs

 
The Hour Glass to acquire 2 New Zealand office buildings for $54 mil

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.

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
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