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Shun Tak Holdings Limited (0242.HK)
- EdgeProp
Shun Tak’s Artyzen Hospitality opens flagship hotel in Singapore, first outside China
The penthouse suite at Artyzen Singapore is the largest presidential hotel suite in the city-state, according to the hotel. (Picture: Samuel Isaac Chua/The Edge Singapore)Artyzen Hospitality Group has expanded its hotel portfolio outside Greater China with the launch of Artyzen Singapore, its flagship hotel in the Southeast Asia region. The 142-room luxury hotel at 9 Cuscaden Road welcomes its first guests on Nov 24.The hospitality group is a wholly owned subsidiary of Shun Tak Holdings, a Hong
- EdgeProp
Why did Wing Tai pull out of the Holland Tower en bloc deal?
Holland Tower sits within the Holland Park GCB Area (Photo: Samuel Isaac Chua/EdgeProp Singapore)Wing Tai Holdings announced on July 28 that its wholly-owned subsidiary Wincove Investment has withdrawn from the en bloc purchase of Holland Tower for $76.3 million, a deal it announced 4½ months earlier on March 15.The Singapore-listed property developer cited "non-fulfilment of certain conditions" as the reason for pulling out of the deal. Wing Tai declined to comment further when contacted.Read m
