Beng
Beng Kuang expands into chemical cleaning in oil and gas industry
[SINGAPORE] Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday (Aug 20).The new business, called Clean...
Ong Beng Seng convicted in Iswaran corruption case: What’s next for the HPL empire?
[SINGAPORE] While Hotel Properties Ltd (HPL) maintains a “business as usual” stance after founder Ong Beng Seng’s exit from management and his obstruction of justice trial, could privatisation be...
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
[SINGAPORE] Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pled guilty in a case...
Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) ended their session on Monday (Aug 4) 0.7 per cent or S$0.04 up at S$5.50, following its founder Ong Beng Seng pleading...
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
[SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts...
Tycoon Ong Beng Seng should sell his Hotel Properties Limited stake
[SINGAPORE] Since news broke in mid-July 2023 of the Corrupt Practices Investigation Bureau’s questioning of Ong Beng Seng regarding his dealings with former transport minister S Iswaran, Ong has...
HPL jumps 5.5% after announcing that Ong Beng Seng will step down as managing director
[SINGAPORE] Shares of Hotel Properties Limited (HPL) rose on Monday (Apr 14) by over 5 per cent, following the company’s announcement that property tycoon and hotelier Ong Beng Seng...
Sherman Kwek saying ‘there was no attempt to oust me misses the point’: CDL chairman Kwek Leng Beng
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attempt to oust him “misses the point”, in yet another twist to the...
Ong Beng Seng to plead guilty on Apr 2
PROPERTY tycoon Ong Beng Seng, 79, has decided to plead guilty. He faces two criminal charges in relation to dealings with former minister S Iswaran. The first charge, for...
Who is Catherine Wu, adviser to Kwek Leng Beng?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
