Back

Latest Forum Topics / Fragrance

Post Reply

Fragrance Post Reply Rate topic
HVRRVH Elite	12-Jul-2014 10:27        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fragrance Group sniffs out a new opportunity in the west KYLAR LOUSSIKIAN THE AUSTRALIAN JULY 12, 2014 12:00AM KOH Weng Meng?s Fragrance Group has purchased a development site in Perth for $40 million, less than a month after the Singaporean group snapped up two properties in Melbourne. The property, at 374-396 Murray Street, was previously linked to Grocon, which had been ­expected to redevelop the site. The 4926sq m parcel contains a street-level car park, and with adjoining single and two-storey commercial buildings had development approval for two towers, a 14-storey commercial building with 11 office floors, and a 32-­storey residential tower with 286 apartments and ground-floor retail space. In a statement to the Singapore Stock Exchange, Fragrance said it expected to use the site for a mixed-use office development. The Weekend Australian understands the development application has lapsed but will be considered by the Development Assessment Panel next week. Fragrance has expanded its Australian holdings rapidly. It bought 555 Collins Street in Melbourne from developer Harry Stamoulis for $78m last month and also purchased the old Savoy Tavern site on the corner of Bourke Street and Spencer Street in Melbourne from rich-lister Mark Rowsthorn for $44.5m. The Murray Street site will be Fragrance?s first development in Perth. A recent Knight Frank report on Perth?s office market found vacancy rates were at 9 per cent, a three-year high, but gross supply to the market was at its lowest since 2008, with stock withdrawals late last year resulting in a decline in total office stock, the first decline since 2007.
Useful To Me  Not Useful To Me
HVRRVH Elite	10-Jul-2014 20:58        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes it seems to be on the right track. Since this counter is paying regular dividend (benefit KWM anyway, as he has 85% interest in the company), I am slowly accumulating the shares. Target 500 lots, almost there, hopefully with year end bonus I can achieve it. After that just take dividend and don' t look at the share for the next 3 years!!  dogbone1      ( Date: 10-Jul-2014 20:22) Posted: Currently Fragrance is heavily invest in Australia hope its share price will surge eventually. HVRRVH      ( Date: 10-Jul-2014 18:51) Posted: Australia, i mean.
Useful To Me  Not Useful To Me
dogbone1 Senior	10-Jul-2014 20:22        dogbone1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Currently Fragrance is heavily invest in Australia hope its share price will surge eventually. HVRRVH      ( Date: 10-Jul-2014 18:51) Posted: Australia, i mean.  HVRRVH      ( Date: 10-Jul-2014 18:48) Posted: Yet another purchase by Fragrance in Austrial, this time at Perth. CBD area again. For development of mix use residential, office and shop complex. free hold.  Separately, it seems with property market downturn and staturation, a few developers have set sight overseas and Fragrance is one of them. Hopefully they have targeted the right location and the patience shareholders can reap the profit in few years time.
Useful To Me  Not Useful To Me
HVRRVH Elite	10-Jul-2014 18:51        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Australia, i mean.  HVRRVH      ( Date: 10-Jul-2014 18:48) Posted: Yet another purchase by Fragrance in Austrial, this time at Perth. CBD area again. For development of mix use residential, office and shop complex. free hold.  Separately, it seems with property market downturn and staturation, a few developers have set sight overseas and Fragrance is one of them. Hopefully they have targeted the right location and the patience shareholders can reap the profit in few years time.
Useful To Me  Not Useful To Me
HVRRVH Elite	10-Jul-2014 18:48        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yet another purchase by Fragrance in Austrial, this time at Perth. CBD area again. For development of mix use residential, office and shop complex. free hold.  Separately, it seems with property market downturn and staturation, a few developers have set sight overseas and Fragrance is one of them. Hopefully they have targeted the right location and the patience shareholders can reap the profit in few years time.
Useful To Me  Not Useful To Me
HVRRVH Elite	08-Jul-2014 08:51        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	GP is hotel business while fragrance is property developer. When they were 'together', there was a clause that said fragrance won't compete with GP in hotel business. Something like that. Now that they are 'separated', who know what's fragrance's next move? In any case, KWM is the controlling share holder for both entities. tonylim      ( Date: 08-Jul-2014 08:19) Posted: Have to catch up with GP Hotel - they are rivals or good buddies? HVRRVH      ( Date: 08-Jul-2014 08:18) Posted: Signs showing the price is moving up slowly, maybe can reach 27 cents soon?
Useful To Me  Not Useful To Me
tonylim Master	08-Jul-2014 08:19        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have to catch up with GP Hotel - they are rivals or good buddies? HVRRVH      ( Date: 08-Jul-2014 08:18) Posted: Signs showing the price is moving up slowly, maybe can reach 27 cents soon? orangekun      ( Date: 08-Jul-2014 06:41) Posted: Unless u were saying it rise up from 0.190 region to 0.230 as positive re rating.. this stock was a 0.270 before gp was listed. No fundamentals have changed so far. I doubt its that kind of re rating..
Useful To Me  Not Useful To Me
HVRRVH Elite	08-Jul-2014 08:18        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Signs showing the price is moving up slowly, maybe can reach 27 cents soon? orangekun      ( Date: 08-Jul-2014 06:41) Posted: Unless u were saying it rise up from 0.190 region to 0.230 as positive re rating.. this stock was a 0.270 before gp was listed. No fundamentals have changed so far. I doubt its that kind of re rating.. jomini      ( Date: 08-Jul-2014 01:50) Posted: hasnt fragrance alr been re rated? its been up quite a lot since splitting from gp. its price last time round also included gp shares
Useful To Me  Not Useful To Me
orangekun Member	08-Jul-2014 06:41        orangekun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unless u were saying it rise up from 0.190 region to 0.230 as positive re rating.. this stock was a 0.270 before gp was listed. No fundamentals have changed so far. I doubt its that kind of re rating.. jomini      ( Date: 08-Jul-2014 01:50) Posted: hasnt fragrance alr been re rated? its been up quite a lot since splitting from gp. its price last time round also included gp shares HVRRVH      ( Date: 07-Jul-2014 10:08) Posted: Look like GP is re rating more positively than fragrance? But could be just slow start and hopefully can catch up
Useful To Me  Not Useful To Me
jomini Veteran	08-Jul-2014 01:50        jomini About Contact  Quote this Post!   Yells: "slow down, think, question"
x 0   x 0  Alert Admin	hasnt fragrance alr been re rated? its been up quite a lot since splitting from gp. its price last time round also included gp shares HVRRVH      ( Date: 07-Jul-2014 10:08) Posted: Look like GP is re rating more positively than fragrance? But could be just slow start and hopefully can catch up? orangekun      ( Date: 07-Jul-2014 10:05) Posted: Hit 240. GPH at 40. Could this be the positive re-rating ?
Useful To Me  Not Useful To Me
Bluechipfan Member	07-Jul-2014 20:42        Bluechipfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Slowly inching up   with increased volume. May be can close a notch up again tomorrow at 245/250? It' s anyone' s guess... dogbone1      ( Date: 07-Jul-2014 19:44) Posted: Heard that the showflat for Citygate is pack with people last weekend. HVRRVH      ( Date: 07-Jul-2014 10:08) Posted: Look like GP is re rating more positively than fragrance? But could be just slow start and hopefully can catch up
Useful To Me  Not Useful To Me
dogbone1 Senior	07-Jul-2014 19:44        dogbone1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heard that the showflat for Citygate is pack with people last weekend. HVRRVH      ( Date: 07-Jul-2014 10:08) Posted: Look like GP is re rating more positively than fragrance? But could be just slow start and hopefully can catch up? orangekun      ( Date: 07-Jul-2014 10:05) Posted: Hit 240. GPH at 40. Could this be the positive re-rating ?
Useful To Me  Not Useful To Me
HVRRVH Elite	07-Jul-2014 10:08        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Look like GP is re rating more positively than fragrance? But could be just slow start and hopefully can catch up? orangekun      ( Date: 07-Jul-2014 10:05) Posted: Hit 240. GPH at 40. Could this be the positive re-rating ?
Useful To Me  Not Useful To Me
orangekun Member	07-Jul-2014 10:05        orangekun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hit 240. GPH at 40. Could this be the positive re-rating ?
Useful To Me  Not Useful To Me
HVRRVH Elite	05-Jul-2014 05:15        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	It does look promising but have to hold for long. It would be nice if management increases the dividend which could well be possible if profits increased.
Useful To Me  Not Useful To Me
Bluechipfan Member	04-Jul-2014 18:39        Bluechipfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rivalry between 2 brothers! KWS fire the first salvo, lauching his tallest residential building in Melbourne, expected completion 2019.    Singapore brothers reach for the sky BEN WILMOT THE AUSTRALIAN JUNE 17, 2014 12:00AM Print Save for later TWO of Singapore&rsquo s wealthiest brothers are competing to build Melbourne&rsquo s tallest apartment tower. The contest was kicked off in January when Koh Wee Seng, the younger sibling of hotelier Koh Wee Meng, forged into the Australian market. His Singapore-listed Aspial Corp unveiled plans to build Australia&rsquo s second-tallest tower behind the famed Surfers Paradise landmark Q1 Tower. His company snapped up the site in the Southbank district known as the Australia 108 project. It can accommodate a 312m tower, making it the city&rsquo s tallest. Wee Seng was ranked as Singapore&rsquo s 40th richest person by Forbes magazine, due to his 75 per cent stake in Aspial, the country&rsquo s only listed jewellery retailer with a sideline in property development, giving him a fortune of $US450 million. At the time, he said it was &ldquo a groundbreaking milestone for Aspial to play a part in the development of the tallest skyscraper in Melbourne, which will soon lend its compelling presence to the skyline&rsquo &rsquo . Singapore hotelier Koh Wee Meng made his biggest play in local property last week. His Singapore-listed Fragrance Group struck a deal to purchase the 24-storey 555 Collins Street building in Melbourne and flagged plans for a mixed-use ­ development. Fragrance bought the building from developer Harry Stamoulis for $78m in a deal brokered by CBRE&rsquo s Mark Wizel and Josh Rutman. Stamoulis had tried teaming up with Daniel Grollo&rsquo s Grocon to develop an office tower on the site, but his earlier plans, for a 404m building that would have even topped Q1, generated most excitement. Many doubted it would be built and Fragrance can now breathe life into the proposal given its financial heft. Wee Meng&rsquo s wealth was estimated at $US1.3 billion by Forbes. Although his tower will be ­ behind the timing of the Australia 108 project, it could end up being the taller of the two. Bluechipfan      ( Date: 02-Jul-2014 21:11) Posted: This was reported on 18.6.14. Just sharing...   Melbourne&rsquo s Savoy turns beer into Fragrance PUBLISHED: 1 HOUR 12 MINUTES AGO | UPDATE: 1 HOUR 12 MINUTES AGO print-font+fontReprints & permissions NICK LENAGHAN One of Melbourne&rsquo s best-known CBD sites, the old Savoy Tavern on Bourke Street, standing on one of the city&rsquo s busiest corners, has been sold to Fragrance Group, a Singapore-listed hotel and ­ residential developer which has now acquired three Australian sites in quick succession. A newcomer to the Australian market, Fragrance has outlaid $126.5 million in the past six weeks to purchase two Melbourne CBD sites and a Hobart property. Controlled by property tycoon Koh Wee Meng, Fragrance&rsquo s latest acquisition is the 1800-square-metre site on the corner of Bourke and Spencer streets, purchased for $44.5 million from BRW Rich-lister Mark Rowsthorn. In 2005, Mr Rowsthorn paid $9.9 million for the site, which was once part of a portfolio of properties held by the Nauru government. The old Savoy Tavern, a single-storey 1970s-era brown brick-veneer building, stood derelict on the site for almost 20 years until Mr Rowsthorn returned the building to its former use as a pub in March this year. It is understood the Savoy Tavern will continue operating until its new owner begins redeveloping. &ldquo Subject to obtaining all regulatory approvals, the group intends to redevelop the property into a high-rise mixed-use development,&rdquo Fragrance Group said. Executive chairman Koh Wee Meng was once dubbed the Geylang King, according to Forbes, in a reference to Fragrance&rsquo s origins developing hotels in Singapore&rsquo s red light district. His brother is Koh Wee Seng, who heads Singapore-listed Aspial, which acquired a Southbank project in January for $42 million with approval for a 312-metre tower. The Savoy Tavern deal was brokered off-market by Colliers agent Matt Stagg. &ldquo In addition to the buoyant high-rise residential apartment market, we are also finding that offshore developers are seeking to incorporate exciting new hotels and retail concepts into their developments,&rdquo Mr Stagg said. Last week, Fragrance flagged a mixed-use development after snapping up an office tower at 555 Collins Street owned by developer Harry Stamoulis for $78 million, in a deal brokered by CBRE&rsquo s Mark Wizel and Josh Rutman.
Useful To Me  Not Useful To Me
Bluechipfan Member	02-Jul-2014 21:11        Bluechipfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	This was reported on 18.6.14. Just sharing...   Melbourne&rsquo s Savoy turns beer into Fragrance PUBLISHED: 1 HOUR 12 MINUTES AGO | UPDATE: 1 HOUR 12 MINUTES AGO print-font+fontReprints & permissions NICK LENAGHAN One of Melbourne&rsquo s best-known CBD sites, the old Savoy Tavern on Bourke Street, standing on one of the city&rsquo s busiest corners, has been sold to Fragrance Group, a Singapore-listed hotel and ­ residential developer which has now acquired three Australian sites in quick succession. A newcomer to the Australian market, Fragrance has outlaid $126.5 million in the past six weeks to purchase two Melbourne CBD sites and a Hobart property. Controlled by property tycoon Koh Wee Meng, Fragrance&rsquo s latest acquisition is the 1800-square-metre site on the corner of Bourke and Spencer streets, purchased for $44.5 million from BRW Rich-lister Mark Rowsthorn. In 2005, Mr Rowsthorn paid $9.9 million for the site, which was once part of a portfolio of properties held by the Nauru government. The old Savoy Tavern, a single-storey 1970s-era brown brick-veneer building, stood derelict on the site for almost 20 years until Mr Rowsthorn returned the building to its former use as a pub in March this year. It is understood the Savoy Tavern will continue operating until its new owner begins redeveloping. &ldquo Subject to obtaining all regulatory approvals, the group intends to redevelop the property into a high-rise mixed-use development,&rdquo Fragrance Group said. Executive chairman Koh Wee Meng was once dubbed the Geylang King, according to Forbes, in a reference to Fragrance&rsquo s origins developing hotels in Singapore&rsquo s red light district. His brother is Koh Wee Seng, who heads Singapore-listed Aspial, which acquired a Southbank project in January for $42 million with approval for a 312-metre tower. The Savoy Tavern deal was brokered off-market by Colliers agent Matt Stagg. &ldquo In addition to the buoyant high-rise residential apartment market, we are also finding that offshore developers are seeking to incorporate exciting new hotels and retail concepts into their developments,&rdquo Mr Stagg said. Last week, Fragrance flagged a mixed-use development after snapping up an office tower at 555 Collins Street owned by developer Harry Stamoulis for $78 million, in a deal brokered by CBRE&rsquo s Mark Wizel and Josh Rutman.
Useful To Me  Not Useful To Me
dogbone1 Senior	30-Jun-2014 21:29        dogbone1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today Big Boss bought again 1250 lots @ $0.233 holding 84.913% of Fragrance shares. HVRRVH      ( Date: 30-Jun-2014 18:55) Posted: Interest creeping up which coincide with the imminent upcoming quarterly results, launch of city gate, cutting link with GP Hotel... last few days price has appreciated between 1 to 1.5 cents with increased volume. vested.
Useful To Me  Not Useful To Me
HVRRVH Elite	30-Jun-2014 18:55        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Interest creeping up which coincide with the imminent upcoming quarterly results, launch of city gate, cutting link with GP Hotel... last few days price has appreciated between 1 to 1.5 cents with increased volume. vested.
Useful To Me  Not Useful To Me
orangekun Member	30-Jun-2014 10:45        orangekun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Prices are not out yet. Indicative between 1.8k to 2.2k per sqf  smallbirdie      ( Date: 30-Jun-2014 00:41) Posted: City gate ! Great location,,,, Should sell well,,,, think a tad pricy,,, Commerical retail price dunno how much  ? If can sold pre launch, then Fragrance huat big hor !
Useful To Me  Not Useful To Me

                                                         First   < Newer   321-340 of 764   Older>   Last