Far East Orchard Sells Rendezvous Hotel Perth Central for $16.5m
Far East Orchard Limited announced the sale of Rendezvous Hotel Perth Central (RHPC) and its business for $16.5m.
Singaporean Shares Fall Over 1% Tracking Subdued Overnight Performance in US; LifeBrandz Surges 50%
Singapore shares fell more than 1% on Wednesday's close, following subdued activity in Wall Street as US stocks finished a choppy session relatively flat on Tuesday. During the day, the benchmark Sing
SG Morning Highlights | UOB Q1 Profit Down 1.6% at S$1.49 Billion
Stocks to watch: UOB, DBS, Olam.
Far East Orchard's Profits Surge in First Quarter
Far East Orchard Enters Option Deal for Disposal of Australian Hotel
Far East Orchard's (SGX:O10) subsidiary, Far East Hospitality Properties Australia (FEHPA), and Rendezvous Hotels entered into an option agreement on May 6 for the disposal of the Rendezvous Hotel Per
Singapore Shares Fall Tracking Overnight Declines in Europe, US; IFast Climbs 2%
Singapore's Strait Times Index fell on Friday to end the week in red, tracking overnight declines in North American and European markets. During the day, the benchmark Singapore Strait Times Index ran
Far East Orchard: Could Progressively Acquire Remaining 51% Stake by 2030
Far East Orchard: Could Progressively Acquire Remaining 51% Stake by 2030
Far East Orchard's Attributable Profit Balloons in 2023
Far East Orchard (SGX:O10) booked an attributable profit to equity holders of SG$65.9 million for the year ended Dec. 31, 2023, compared with an attributable profit of SG$21.9 million in the year-ago
Singaporean Shares Rise on Wednesday; SMI Vantage's Shares Surge 6% on Crypto Mining Machines Acquisition
Singapore Strait Times Index stayed in positive territory on Wednesday at the close, tracking overnight gains in the global markets following the release of Federal Reserve data on inflation. During t
Far East Orchard Subsidiary Acquires Land in Glasgow
Far East Orchard (SGX:O10) unit Osborne Street Development entered into a sale and purchase agreement with Nova Osbourne for the acquisition of a plot of land located in Glasgow for about SG$5.1 milli
Far East Orchard and Woh Hup Buy Land in Glasgow for $5.1 Mil to Expand UK PBSA Portfolio
Far East Orchard H2 Net Profit up Four Times to S$57.7 Million on Gains From Student Accommodation Investments
REAL estate group Far East Orchard : O10 0% posted on Wednesday (Feb 28) a net profit of S$57.7 million for the six months ended Dec 31, 2023, more than four times the S$13.9 million reported in the corresponding year-ago period.
Far East Orchard to Book Higher Profit in 2023
Far East Orchard (SGX:O10) expects to book a higher profit after tax for 2023, thanks mainly to fair value gains on investment properties. The real estate firm will publish its financial results for t
Singapore's Prime Office Rent Increases for the 11th Quarter
Office spaces in Singapore's prime locations have increased for the past 11 quarters, now considered the longest of its kind in the country, a report by Knight Frank reveals.
Singapore's Real Estate Investment Sales Drop Nearly 27% in 2023, Savills Says
Singapore's real estate investment sales dropped almost 27% in 2023 as the holiday season slowed investment activity, but could recover this year, data from real estate service provider Savills showed.
Far East Orchard Logs Higher Profit, Revenue in January-September; Shares Slip 3%
Far East Orchard (SGX:O10) posted a profit attributable to equity holders of SG$7.6 million in the nine months ended Sept. 30, an increase of 18.8% from SG$6.4 million a year ago. Revenue for the peri
SG Morning Highlights | Singtel H1 Profit Up 82.6% to S$2.1 Billion on Exceptional Gain
Stocks to watch: Singtel, CapitaLand Investment.
Far East Orchard Appoints Liquidators for Dormant Units
Far East Orchard (SGX:O10) appointed joint liquidators for the voluntary liquidation of three of the group's subsidiaries. The subsidiaries are Victus (Guernsey) 2 Developments, Victus (Guernsey) 4 De
Far East Orchard's Attributable Profit Edges Up in H1
Far East Orchard (SGX:O10) posted a profit attributable to equity holders of SG$8.2 million in the first half, up 2.1% from SG$8.0 million a year ago. Attributable earnings per share for the six month
Far East Orchard Completes Acquisition of Student Accommodation in UK
Far East Orchard (SGX:O10) has closed the acquisition of a student accommodation property in the UK, named Emily Davies. The company had agreed to acquire the 180-bed freehold student accommodation pr
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