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HPL Considers Major Stake Sale in Key Properties

Story Highlights
  • HPL is exploring selling stakes in Forum The Shopping Mall and voco Orchard Singapore.
  • Shareholders are advised to be cautious as discussions are ongoing with no confirmed transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HPL Considers Major Stake Sale in Key Properties

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Hotel Properties Limited ( (SG:H15) ) has issued an update.

Hotel Properties Limited is exploring the potential sale of majority stakes in Forum The Shopping Mall and voco Orchard Singapore, with several interested parties considering a joint venture for redevelopment. The company advises shareholders to remain cautious as discussions are ongoing and no definitive transaction has been confirmed.

More about Hotel Properties Limited

Hotel Properties Limited (HPL) is a company operating in the real estate and hospitality industry, focusing on the development and management of hotels and commercial properties.

Average Trading Volume: 69,566

Technical Sentiment Signal: Buy

Current Market Cap: S$2.75B

See more data about H15 stock on TipRanks’ Stock Analysis page.

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