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Hotel Properties Ltd (HPPS.SI)

HPPS.SI on Stock Exchange of Singapore

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25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Hotel Properties says qtrly revenue S$190.2 million
Friday, 11 Aug 2017 06:28am EDT 

Aug 11 (Reuters) - Hotel Properties Ltd ::Qtrly revenue S$190.2 million versus S$129.7 million.Qtrly profit attributable to shareholders of company S$16.3 million versus S$13.2 million.  Full Article

Hotel Properties announces acquisition of hotel in London
Tuesday, 1 Aug 2017 05:39am EDT 

Aug 1 (Reuters) - Hotel Properties Limited ::Acquisition of a hotel in london .JVco and hotel Opco have entered into a sale and purchase agreement with Maple Midco S.A R.L. and Maple Hotels 1 Limited.JV company to be ‍80% owned by HPL Properties (West) Pte Ltd and 20 pct by OPPL​.Transaction shall be funded by way of a combination of third party loan financing and internal resources.Total consideration for transaction is £114.85 million.‍Sale and purchase agreement to purchase entire issued share capital of Maple Olympia Propco 4 S.À R.L.​.‍Issued and paid-up capital of JVco is S$10.00​.  Full Article

Hotel Properties says unit formed joint venture with Anchorage View​
Friday, 14 Jul 2017 05:20am EDT 

July 14 (Reuters) - Hotel Properties Ltd ::‍HPL Properties (West) and Anchorage View have formed a joint venture to acquire a hotel operation and property in west London​.Total consideration for acquisition is £39.4 million.Deal is not expected to have any material effect on consolidated earnings per share of HPL Group for year ended 31 Dec 2016.  Full Article

Hotel Properties says ‍Leisure Ventures enters sale and purchase agreement to acquire Kingdom Langkawi B.V​
Thursday, 13 Jul 2017 05:49am EDT 

July 13 (Reuters) - Hotel Properties Ltd :‍leisure ventures is entering into a sale and purchase agreement to acquire a 100% equity interest in kingdom langkawi b.v​.Deal for an aggregate consideration of approximately us$ 55 million.Share acquisition not expected to have impact on net earnings per share based on audited consolidated accounts for year ended 31 dec 2016.  Full Article

Hotel Properties says Q1 profit S$16.1 mln
Friday, 12 May 2017 06:25am EDT 

May 12 (Reuters) - Hotel Properties :Q1 profit S$16.08 million versus S$14.3 million .Q1 revenue S$144.8 million S$143.7 million.  Full Article

Hotel Properties posts quarterly profit attributable S$16.1 million
Friday, 12 May 2017 06:07am EDT 

May 12 (Reuters) - Hotel Properties Ltd :Qtrly profit attributable s$ 16.1 million versus s$ 14.3 million.Qtrly revenue S$144.8 million versus s$143.7 million.  Full Article

Hotel Properties establishes S$1 bln multicurrency debt issuance programme
Friday, 3 Mar 2017 05:30am EST 

Hotel Properties Ltd : Established a S$1 billion multicurrency debt issuance programme . Oversea-Chinese banking corporation limited has been appointed as arranger and dealer of programme .Net proceeds arising from issue will be used for purpose of refinancing existing borrowings.  Full Article

Hotel Properties says FY net profit S$103.5 mln
Monday, 27 Feb 2017 05:39am EST 

Hotel Properties Ltd : FY revenue S$577.6 million versus S$579.5 million . FY net profit S$103.5 million versus S$81.7 million .The board of directors has recommended a first and final one-tier tax exempt cash dividend of 4 cents per ordinary share.  Full Article

Hotel Properties FY net profit S$103.5 mln vs S$81.7 mln
Monday, 27 Feb 2017 05:39am EST 

Hotel Properties Ltd : FY net profit s$103.5 million versus S$81.7 million .Recommends first and final one-tier tax exempt cash dividend of 4 cents per ordinary share.  Full Article

Hotel Properties says Leisure Ventures's unit enters into SPA
Wednesday, 31 Aug 2016 07:07am EDT 

Hotel Properties Ltd : Leisure Ventures Pte through its indirect unit, Msc Hotel Investments Cooperation U.A, entered into share purchase agreement . Deal not expected to have any material effect on the net tangible asset value per share of the HPL group . Deal for a total consideration of Euros 66 million .  Full Article

BRIEF-Hotel Properties announces acquisition of hotel in London

* JVco and hotel Opco have entered into a sale and purchase agreement with Maple Midco S.A R.L. and Maple Hotels 1 Limited