Hatten Land

SI Research: Deep Value Found Within Hatten Land

In a reverse takeover (RTO) move, Mainboard-listed VGO Corp issued 1.2 billion shares at 32.5 cents each, or $386 million in total, to Malaysia-based Hatten Group whereby the latter will own 92.8 percent of the Singapore-listed entity. The Hatten Group is owned by the Tan Brothers, Dato Colin Tan and Dato Edwin Tan.

Hong Leong Bank Reports Higher 1H17 Results

Hong Leong Bank (HLB) reported a 59.8 percent increase in net profit to RM549.9 million for 2Q17, mainly attributable to higher net income, lower operating expenses and a lower charge on allowance for impair...