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Yong nam
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orangekun
Member |
17-Jun-2014 22:42
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http://infopub.sgx.com/FileOpen/Announcement_VICMEL_Spencer.ashx?App=Announcement& FileID=301745 purchase of property using a new subsidiary. The property will be used for mixed development again. |
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dogbone1
Senior |
17-Jun-2014 22:22
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Accumulating range 22 - 22.5 cents. 21.5 cents difficult to buy in   !!!
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tonylim
Master |
16-Jun-2014 14:48
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Good to accumulate at ths level.  More upside than downside
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infoshare
Senior |
16-Jun-2014 11:58
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  APPOINTMENT OF AN ADDITIONAL DIRECTOR &ndash FRAGRANCE GLOBAL PTE LTD The Directors of Fragrance Group Limited (the &ldquo Company&rdquo ) wish to announce that further to the announcement released on 4 June 2014 regarding the setting up of a wholly owned subsidiary, the current Directors of the entity are as follows: 1) Mr Koh Wee Meng 2) Madam Lim Wan Looi, and 3) Mr Periakaruppan Aravindan. The Company now wishes to announce that Mr Adrian Patrick Lim Ban Whatt who is our current Director - Planning and Development within the Property Division, is appointed as a Director of Fragrance Global Pte. Ltd. with effect from 10 June 2014. In addition to his current duties, he will also be responsible for the planning, development and other related matters of the Company&rsquo s overseas development projects. Mr Adrian Patrick Lim holds a Bachelor of Science (Hons) in Real Estate and a Master of Science in Project Management from the National University of Singapore as well as a Masters degree in Public Administration from Maxwell School of Citizenship in Syracuse University. He has extensive knowledge and experience in planning matters having worked for 17 years in this field. He has joined Fragrance Group Limited since July 2011 and have been deeply involved in the execution of several of the group&rsquo s acquisitions and developments like Parc Rosewood, Urban Vista, Novena Regency and Kensington Square. By order of the Board Periakaruppan Aravindan Executive Director 10 June   |
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HVRRVH
Elite |
11-Jun-2014 05:21
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Fragrance started making its move down under. This is the 2nd purchase in 2 months. Getting interesting now especially with appointment of a new director to ther Board with focus on overseas business. Staying tuned! 
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dogbone1
Senior |
10-Jun-2014 22:43
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The Directors of Fragrance Group Limited (the &ldquo Company&rdquo ) wish to announce that the Company through its subsidiary FRAGRANCE VIC-MEL (COLLINS) PTY LTD (&ldquo Fragrance Vic-Mel (Collins)&rdquo ) in Australia has entered into a Sale and Purchase Agreement to acquire a property located at 555 Collins Street, Melbourne, Victoria (the &ldquo Property&rdquo ) from Collins Street Corp Pty Ltd.  The total purchase consideration for the Property is A$78,000,000 (the &ldquo Consideration&rdquo ). The Consideration was arrived at on a willing buyer willing seller basis after taking into consideration the development potential and location of the Property. The Property is freehold with an existing high-rise commercial building with a total land area of approximately 2,300 square metres.  The Property is currently zoned &ldquo Capital City Zone 1&rdquo . Strategically located at the intersection of Kings Street and Collins Street, 555 Collins Street is a unique corner site in the bustling Melbourne CBD. The area is a central hub for business and well connected by public transport.  Under the current zoning in Melbourne, the Property can be developed for office, retail, hotel and residential uses. The Company intends to develop the Property into a high-rise mixed development.
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HVRRVH
Elite |
07-Jun-2014 01:08
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What has this got to do with fragrance??
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infoshare
Senior |
06-Jun-2014 16:22
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  Banyan Tree launches serviced apartment brandIt is developing 5 properties under the Cassia brand.The Straits Times  - June 6, 2014 
By: CHERYL ONG  
Share on facebookShare on twitterShare on emailShare on favoritesShare on print|More Sharing ServicesMore
 
 
 
Banyan Tree' s upcoming Cassia developments include one in Phuket, Thailand. -- PHOTO: BANYAN TREELUXURY hospitality firm Banyan Tree Hotels & Resorts has launched a new brand of serviced apartments, in its first foray into the extended-stay segment. The firm will develop five properties under the Cassia brand - in Phuket in  Thailand, Bintan inIndonesia, Beruwala in Sri Lanka, the Gold Coast in  Australia, and Lijiang in  China  - in conjunction with Banyan Tree Group' s 20th anniversary. It will offer  one- and two-bedroom units  - ranging from 35 sq m to 55 sq m - costing about $250,000 on average, said Banyan Tree Group executive chairman Ho Kwon Ping yesterday. Mr Ho said the brand was aimed at a growing pool of investors from the middle class " that can decide to get a second home on a whim" . " Second homes used to be the domain of the ultra-rich, during the last 50 years or so. Now, they are more affordable for normal people, especially if they can get income from it and sell it later on," he added. Each property will have an average development cost of $50 million, and will have about 200 fully furnished units managed by Banyan Tree. Owners who buy the units for investment have the option of staying there for 30 days in a year, but with blackout periods during which the units will be leased out, said a Banyan Tree spokesman. Those preferring to hold the unit as a holiday home will have it for up to 90 days of complimentary use, with no blackout periods. Gross rental yields are expected to be 6 to 7 per cent. But unlike most serviced apartments, there will be no minimum stay period. The property in Bintan is 45 per cent sold. About 70 per cent of the Phuket project has been snapped up, and will be the first to open next year. Unit rates have not been fixed yet, said Banyan Tree. Seven more projects are in the pipeline, it added: in Brisbane, New York, Seychelles, Chiang Mai, Bangkok and Lang Co, Vietnam. It also has plans in place to grow its portfolio to 66 hotels and resorts and 117 spas in 33 countries in the next three years. " The rest of the hospitality sector has seen a lot of excitement and innovation, and even cheaper, smaller, three-star hotels can be hip. But serviced apartments are an under-innovated sector," said Mr Ho. " So we are signalling our entry into this sector, and we intend to shake it up."   |
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infoshare
Senior |
05-Jun-2014 00:52
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if Fragrance price the Citygate attractively to selll , probably can enjoy better demand.   When Keppel Land could not fully sell Caribbean ,it setup Service apartments  and it helps to maintain the value of the project as service apartment rentals price levels are nearer to hotel price point  |
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HVRRVH
Elite |
03-Jun-2014 01:07
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Fragrance now pure property play and no more link to GP hotel save that koh wee meng is controlling shareholder for both companies. I notice they seem to focus a lot now in Australia. One concrete move recently is the purchase of a commercial building at Hobart. How the delink with GP and the latest direction of the company going to help the bottom line? I think still too early to tell but I am cautiously optimistic. Just sharing my view. 
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infoshare
Senior |
03-Jun-2014 00:56
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http://www.citygatesingapore.org/ design looks nice. From the diagram, it shows there would be a sheltered bridge walk path to the upcoming Nicoll Highway MRT.
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infoshare
Senior |
03-Jun-2014 00:23
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fragrance group dividend yield is low  
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orangekun
Member |
31-May-2014 20:18
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The Board of Directors of Fragrance Group Limited (the &ldquo Company&rdquo , and together with its  subsidiaries, the &ldquo Group&rdquo ) wish to announce that the Group has incorporated a subsidiary  known as FRAGRANCE TAS-HOBART PTY LTD (&ldquo Fragrance TAS-Hobart&rdquo ) in  Australia.    Fragrance TAS-Hobart will have an initial paid up capital of AUD2.00. The setting up of  Fragrance TAS-Hobart is not expected to have any material impact on the net tangible assets  or earnings per share of the Company for the current financial year ending 31 December  2014.    None of the Directors nor Substantial Shareholders of the Company has any interest, direct  or indirect, in the abovementioned transaction   Didnt they bought a property in Hobart using South Pacific subsidiary ? |
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dogbone1
Senior |
29-May-2014 22:08
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Launching Soon $$$ CityGate @ Beach Road ( Formerly Keypoint ) 30 Storey Mixed Development : 311 Residential & 188 Shops $$$
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orangekun
Member |
29-May-2014 19:58
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Good. last time i saw it, the outer parts are not what i seen.  |
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dogbone1
Senior |
29-May-2014 19:52
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dogbone1
Senior |
29-May-2014 19:50
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Qanghoo
Supreme |
29-May-2014 17:48
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If I' m not mistaken, the broker can help.  They can consolidate into 1000 units provided there are sufficient odd lot sellers.  But the price wld probably be slightly lower. |
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HVRRVH
Elite |
29-May-2014 17:47
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Yes vested in both. Will be patience on these 2 counters. Now GP hotels looking good and fragrance seems to stablised at 225 as well. I think both companies will continue to make profit and in long run share price should move up in tendem, at least that' s what I hope. Just sharing. 
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oscar10
Member |
29-May-2014 17:43
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Yea. Thanks. I want to round up, yes.. Thanks for telling me U8V exists. Lol. Vested anyone?
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Banyan Tree' s upcoming Cassia developments include one in Phuket, Thailand. -- PHOTO: BANYAN TREE