October 24, 2016 10:39 AM ET

Real Estate Management and Development

Company Overview of Heeton Holdings Limited

Company Overview

Heeton Holdings Limited, an investment holding company, engages in the property development and property investment, and hospitality activities in Singapore, the United Kingdom, and Australia. The company develops and sells private residential properties; and leases residential, retail, and commercial properties. It also operates hotels; and provides property management, and administrative and management services. The company was founded in 1976 and is based in Singapore.

No. 01-02/03, Hong Heng Mansions

60 Sembawang Road

Singapore,  779088


Founded in 1976


65 6456 1188


65 6455 5478

Key Executives for Heeton Holdings Limited

Heeton Holdings Limited does not have any Key Executives recorded.

Heeton Holdings Limited Key Developments

Heeton Holdings Limited Provides Earnings Guidance for the Third Quarter Ended September 30, 2016

The Board of Directors of Heeton Holdings Limited deems it appropriate to issue a profit warning with respect to the financial results of the Group for the 3rd quarter ended 30 September 2016 based on the preliminary review of the Group's unaudited financial results. The expected loss for third quarter of2016 is primarily due to losses arising from the disposal of Heeton Residence Pte Ltd. as announced on 30 September 2016. Heeton Residence Pte. Ltd. was the sole shareholder of Heeton Realty Pte Ltd, which held the property known as iLiv@Grange at 74 Grange Road, Singapore. Please refer to the Company's announcement dated 30 September 2016 relating to the disposal of Heeton Residence Pte Ltd. The said disposal is expected to have a material negative impact on the earnings and not expected to have a material impact on the net tangible assets per share of the Group for the current financial year.

Heeton Holdings Limited Appoints Alex Chakrabarti as its Head of Hospitality

Heeton Holdings Limited announced the appointment of Mr. Alex Chakrabarti as its Head of Hospitality to form and lead the hospitality and operations team. He will officially join the Group on October 3, 2016. As the Head of Hospitality, Mr. Alex Chakrabarti will be responsible for spearheading and developing the Group's hospitality segment. He will be setting strategic directions, coordinating various initiatives, achieving both financial as well as operational results and developing a pool of hospitality talents.

Heeton Has Put Property For Sale

Heeton Holdings Limited (SGX:5DP) has put a brisbane residential development site up for sale.

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