Hwa Hong Corporation

Broker's Calls

UOB Kay Hian suggests Hwa Hong's investors to consider accepting offer

The UOBKH team says shareholders also have to consider the downside risks if the Sanjuro offer fails with no competing bid.

Offer

Offer for Hwa Hong Corp’s shares raised to 40 cents apiece

The new price is an 8.11% increase over the initial offer price of 37 cents per share.
 - THE EDGE SINGAPORE

Results

Hwa Hong Corp posts 37.6% increase in FY2021 earnings to $5.7 mil; declares 1 cent dividend

Hwa Hong Corp posts 37.6% increase in FY2021 earnings to $5.7 mil and declares final dividend of 1 cent.
Hwa Hong chips in GBP15 million for fund focusing on London commercial properties - THE EDGE SINGAPORE

Capital markets

Hwa Hong chips in GBP15 million for fund focusing on London commercial properties

The fund aims to raise GBP100 million by March 2022

Property

Hwa Hong makes foray into UK office sector with $32.4 mil London property purchase

SINGAPORE (Dec 21): Hwa Hong Corporation, the property investment and development company, is making a foray into the commercial real estate sector in the United Kingdom with its first purchase of a London office property.

Results

Hwa Hong's 1Q earnings drop 78.4% to 0.7 mil on lower revenue and other income

SINGAPORE (Apr 25): Hwa Hong, the investment holding company whose subsidiaries are engaged in property investment and development, saw first quarter earnings ended Mar 31 fall 78.4% to $0.69 million in 1Q18, compared to $3.22 million in 1Q17.
Sterling pound

Results

Hwa Hong’s 3Q earnings triple on weaker pound

SINGAPORE (Oct 21): Investment holding company Hwa Hong Corporation has posted earnings of $1.6 million for 3Q ended September, triple that of earnings of $0.5 million in the same period last year.

Hwa Hong’s 2Q earnings triple as pound weakens

SINGAPORE (July 22): Earnings from investment holding company Hwa Hong Corporation jumped more than three-fold to $3.33 million in 2Q16 from $1.1 million a year ago In 2Q15, thanks an unrealised translation gain from its Sterling pound loans.
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