Profile: Far East Orchard Ltd (FARE.SI)
FARE.SI on Stock Exchange of Singapore
9 Dec 2013
9 Dec 2013
Price Change (% chg)
Far East Orchard Limited is an investment holding company. The Company operates in four segments: Hospitality, Property development, Property investment and Investment holding. Hospitality includes operation of Orchard Parade Hotel, Albert Court Village Hotel and Central Square Village Residences under Master Lease Agreements and management of hospitality properties and other properties. Property development includes sale of development properties and properties held for sale. Property investment includes rental of investment properties. Investment holding includes investment in unquoted shares and investments in real estate investment trust (REIT) Manager and Trustee-Manager. On July 31, 2013, the Company, jointly with FCL Topaz Pte. Ltd., a wholly owned subsidiary of Frasers Centrepoint Limited, which in turn is a wholly owned subsidiary of Fraser and Neave, Limited and Sekisui House, Ltd., incorporated a joint venture company in Singapore named Watervine Homes Pte. Ltd.
Far East Orchard Ltd
Orchard Parade Hotel, 1 Tanglin