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Ong Beng Seng
Corruption probe
Billionaire's mission to court Singapore’s political elite backfired
Graft saga brings spotlight on Ong Beng Seng’s business empire. The tycoon has said he’s cooperating with the authorities.
January 25, 2024
Singapore news
Iswaran appears in court after corruption probe
Iswarn is the first key minister to get embroiled in a graft probe since 1986.
January 18, 2024
Property
Ong Beng Seng's HPL wins go-ahead to redevelop Orchard Road properties
HPL shares surge
August 28, 2023
Results
Ong Beng Seng's HPL reports $17.2 mil loss for 1HFY2023
As at June 30, HPL's NAV was $3.10, just slightly lower versus it share price. Other developers trade at a bigger discount
August 11, 2023
Singapore news
Singapore’s 2023 F1 race will go ahead as planned, says Gan Kim Yong
The race will take place from Sept 15 to 17.
August 04, 2023
Results
Hotel Properties Limited guides for net loss in 1HFY2023 on higher interest costs and share of losses
The loss comes on the back of higher interest costs and share of losses from associates and jointly-controlled entities.
July 28, 2023
Singapore news
What to know about the hotel billionaire ensnared in Singapore's graft probe
Who is Ong Beng Seng and what’s his net worth? This and other questions answered.
July 15, 2023
Singapore news
Singapore's widening corruption probe: what you need to know
Singapore was rocked by news that a minister and a tycoon were arrested in one of the most serious graft cases in nearly 40 years.
July 15, 2023
Singapore news
HPL's Ong Beng Seng is involved in same corruption probe as Iswaran
Ong Beng Seng is known for bringing in the F1 races, championed by minister Iswaran
July 14, 2023
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