16 May 12 | The Business Times by timothy loh
NEWLY listed Global Premium Hotels (GPH), the hospitality arm of property company Fragrance Group, posted a 46.9 per cent rise in net profit attributable to shareholders for the first quarter ended March 31, 2012, to $6.36 million from $4.33 million the year before.This is the first set of earnings results announced by GPH since its listing on the mainboard of the Singapore Exchange on April...
16 May 12 | The Business Times by Kelly Tay
FRAGRANCE Group Ltd, through wholly owned subsidiary Fragrance Grandeur Pte Ltd, has acquired, for $360 million, a freehold property with a land area of 3,654.5 square metres.The mainboard-listed property company announced the acquisition yesterday, alongside the release of the group's first-quarter financial results, which show net profit surging 54.8 per cent to $22.1 million for the three...
10 May 12 | The Straits Times
SERVICE apartment firm Frasers Hospitality unveiled a new brand aimed at tech-savvy business travellers yesterday. Capri by Fraser is essentially a hybrid of a serviced apartment and a hotel and joins its Fraser Suites, Fraser Place and Fraser Residence and Modena portfolio. The first Capri will cost $124 million to build and is slated to open in Changi City in September, with a Kuala Lumpur...