Hotel Grand Central

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464,776,736 - 464,015,371 = 761,365, quite fast for such illiquid counter.

From 20 March 2019 to 28 May 2019, Mr Tan Eng Teong's deemed interest has increased from 464,015,371 shares to 464,776,736 shares.
Specuvestor: Asset - Business - Structure.
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465,562,323 - 464,776,736 = 785,587 shares in approximately 4 months

On 09 October 2019, Mr Tan Eng Teong's deemed interest has increased to 465,562,323 shares (64.08%).
Specuvestor: Asset - Business - Structure.
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(14-10-2019, 06:58 PM)cyclone Wrote: 465,562,323 - 464,776,736 = 785,587 shares in approximately 4 months

On 09 October 2019, Mr Tan Eng Teong's deemed interest has increased to 465,562,323 shares (64.08%).

If you add up the interest from the cohort, it's already more than 85%.. However, the major shareholders of the family like to save every cent, counting beans... before GO hopefully
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Hotel Grand Central Limited released financial statements for the year ended 31 December 2019 : https://links.sgx.com/FileOpen/HGCFY2019...eID=598539
It declared a dividend of 4 cents per share.
Specuvestor: Asset - Business - Structure.
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Hotel Royal Limited released financial results for the year ended 31 december 2019 : https://links.sgx.com/FileOpen/4Q2019%20...eID=598581

Due to the recent Covid-19 virus outbreak, business in February 2020 has been very adversely affected. This will continue into March 2020 and 3Q 2020. The directors are of the opinion that it is prudent to preserve cash to tide through this difficult period.

It declared a dividend of 2.5 cents per share.

Hotel Royal today closed at 2.850 (-0.080), down 2.73%.
Specuvestor: Asset - Business - Structure.
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Rainbow 
HGC
bringing a new 12-storey hotel to Auckland Central, offering 191 guestrooms and suites for business and leisure travelers.
The hotel will begin construction early 2021, with completion due mid-2023.  The project is currently under tender and will be financed partly by internal funds and bank borrowings.
https://links.sgx.com/FileOpen/HGC%20Auc...eID=647078

Directly across NZICC. 
Enjoy NZICC video here:

Stay home and stay healthy, everyone.
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Good morning kbl san dan money san.

I am sorry I had to delete your posts. I really don't want it to be discussed in this forum anymore.
Have a nice day and stay healthy.
Specuvestor: Asset - Business - Structure.
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With the main chunk of HGC's assets and earnings in Australia, coupled with NZ's intended opening in 2H2022, it bodes well for HGC's operations and asset valuations to come.

Australia nears living with Covid like flu: PM Morrison

[SYDNEY] Australia's Prime Minister Scott Morrison said the nation's political leaders want to move to a new phase of living with Covid-19 as though it were the flu, but would consult health experts.

A day after meeting with the national cabinet of state and federal leaders, Morrison told reporters on Saturday morning (Mar 12) they had discussed moving to "Phase D" of the national pandemic response plan.

"Our airports are open again, international arrivals can come, there are waivers now on quarantine for people returning, so we are pretty much in Phase D," he said.

https://www.businesstimes.com.sg/governm...m-morrison
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