Our Structure
The Group operates in five business segments, namely Real Estate Investment, Real Estate Development, Hospitality, Industrial Services and Other Investments.
How we are organised
The Group operates in five business segments, namely Real Estate Investment, Real Estate Development, Hospitality, Industrial Services and Other Investments.
Real Estate Investment
The Real Estate Investment segment focuses on the investment in properties in Singapore, Australia, Indonesia and China. The Group’s main investment properties are 18 Robinson, Link@896 and The Oxley in Singapore; commercial buildings in Melbourne and Perth, which are adjacent to the Group’s two hotels: Grand Hyatt Melbourne and Hyatt Regency Perth; and The Grand Outlet – East Jakarta in Indonesia
Real Estate Development
The Real Estate Development segment focuses on the development of properties or sale in Singapore and the region. With Mont Botanik Residence and Peak Residence in Singapore completing in early 2023 and 2024 respectively, the Group has embarked on regional development opportunities in Batam, Indonesia and Sanya, China.
Hospitality
The Hospitality segment comprises two hotels in Australia, namely the Grand Hyatt Melbourne and Hyatt Regency Perth, which are managed by Hyatt International. The two hotels are located in prime locations in Melbourne and Perth respectively, and cater to the business and high-end tourism sectors of these cities.
Industrial Services
The Industrial Services segment includes two wholly owned subsidiaries, namely the recently privatised SP Corporation Pte. Ltd. (“SP Corp”) and Hypak Sdn. Bhd. (“Hypak”). Hypak is a Malaysia based company carrying out the business of manufacturing and marketing of polypropylene packaging bags.
Other Investments
Other Investments segment comprises a 44.5% equity interest in Gul Technologies Singapore Pte. Ltd. (“GulTech”) and a 49% equity interest in Pan-West (Private) Limited (“Pan-West”). GulTech is a printed circuit board manufacturer with three plants in China. Pan-West is a retailer of golf-related lifestyle products.