Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

<p>22 November 2016 - In a company <a href="http://infopub.sgx.com/FileOpen/_Form1_OBS_Final.ashx?App=Announcement&amp;FileID=430384" target="_blank">filing</a>, we noted that Ong Beng Seng raised his stake in <a href="https://www.smartkarma.com/entities/5801" target="_blank" data-smartkarma-citation="entities:5801:1">Hotel Properties Ltd (HPL SP)</a> to 80.23% from 77.73% at SGD 4.25/share. His total interest increased by 13m shares.</p><p>HPL is up ~8.6% on this news.</p><div class="content-remarks"><p>Market cap USD 1.3bn / average 3m daily volume - USD 30k </p></div><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/016/741/original/change%20in%20holdings.png?1479891122" class="editor-image img-responsive" data-smartkarma-image-id="16741"></figure><p>However, in the <a href="http://infopub.sgx.com/FileOpen/_Form1_OBS_Final.ashx?App=Announcement&amp;FileID=430384" target="_blank">filing</a>, it was stated that the number of shares affected is <strong>83.4m</strong> ordinary shares, that is ~16% of HPL total shares outstanding. Who could the vendors be?</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/016/736/original/2016-11-23%2014_52_00-FORM%201.png?1479883975" class="editor-image img-responsive" data-smartkarma-image-id="16736"></figure><div class="content-caption">Source: Company <a href="http://infopub.sgx.com/FileOpen/_Form1_OBS_Final.ashx?App=Announcement&amp;FileID=430384" target="_blank">filings</a>
</div><p>Digging deeper, it…</p>

22 November 2016 - In a company filing, we noted that Ong Beng Seng raised his stake in Hotel Properties Ltd (HPL SP) to 80.23% from 77.73% at SGD 4.25/share. His total interest increased by 13m shares.HPL is up ~8.6% on this news.Market cap USD 1.3bn / average 3m daily volume - USD 30k However, in the filing, it was stated that the number of shares affected is 83.4m ordinary shares, that is ~16% of HPL total shares outstanding. Who could the vendors be?Source: Company filings
Digging deeper, it…

HPL - Family Drama Over? What Could Be Next?

Freelance Research Analyst

Tay Hock Meng

Thematic (Sector/Industry)

<p>Developers managed to sell 384 new units, excluding executive condominiums (ECs) in December 2015, compared to 759 units in November 2015, and 230 units in December 2014. Including ECs, developers sold a total of 508 new units in December 2015, compared to 945 new units in November 2015, and 406 new units in December 2014. The December 2015 results brings the total number of new private residential units sold by developers to around 7,460 to 7,490 in 2015, about 2% higher than 2014 (Comprehensive property sales results for 4Q and whole of 2015  is scheduled to be released by the government on January 22, 2016).</p><p> </p>

Developers managed to sell 384 new units, excluding executive condominiums (ECs) in December 2015, compared to 759 units in November 2015, and 230 units in December 2014. Including ECs, developers sold a total of 508 new units in December 2015, compared to 945 new units in November 2015, and 406 new units in December 2014. The December 2015 results brings the total number of new private residential units sold by developers to around 7,460 to 7,490 in 2015, about 2% higher than 2014 (Comprehensive property sales results for 4Q and whole of 2015  is scheduled to be released by the government on January 22, 2016). 

Singapore

Hotel Properties Limited, through its subsidiaries, operates and manages hotels. The Company also operates restaurants and retails and distributes food and fashion merchandise.  In addition, Hotel Properties trades shares, develops and invests in properties, hotels, and resorts.

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Hotel Properties Limited (HPL SP)

HPL - Family Drama Over? What Could Be Next?

22 November 2016 - In a company filing, we noted that Ong Beng Seng raised his stake in Hotel Properties Ltd (HPL SP) to 80.23% from 77.73% at SGD...

Crispin Francis

Modest Rise in New Home Sales in 2015

Developers managed to sell 384 new units, excluding executive condominiums (ECs) in December 2015, compared to 759 units in November 2015, and 230...

Tay Hock Meng

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