Profile: Hotel Properties Ltd (HPPS.SI)
HPPS.SI on Stock Exchange of Singapore
10 Dec 2013
10 Dec 2013
Price Change (% chg)
Hotel Properties Limited (HPL) is an hotelier and an investment holding company. HPL operates in three segments: hotels, properties and others. The hotels segment includes the operations of the hotels and the shopping galleries of HPL, as well as the provision of hotel management services. Income is derived mainly from the rental of rooms and shop units, sale of food and beverage and management fee. The properties segment includes the rental and sale operations on residential properties and commercial units. The other segment includes the distribution and retail operations, activities on quoted and unquoted investments and others. HPL’s hotel division consists of 28 luxurious resorts and hotels. In July 2013, HPL announced that its wholly owned subsidiary, HPL Properties (West) Pte. Ltd. has set up the wholly owned subsidiaries HPL (Kensington) Pte. Ltd. In August 2013, the Company’s 70%-owned subsidiary, HPL Resorts Maldives Pvt Ltd incorporated Leisure Frontiers Pvt Ltd.
Hotel Properties Ltd
#08-01 HPL House, 50 Cuscaden Ro