Hotel Royal Limited was incorporated in Singapore in 1968 to carry on the business of an hotelier.
It owns a 16-storey hotel, the Hotel Royal with 331 suites and luxurious rooms along Newton Road, Singapore, a stone throw away from the shopping paradise of Orchard Road. It has a Chinese restaurant and another Japanese restaurant, a local coffee house serving western and local delights, as well as a lobby lounge, a pub, karaoke lounge, as well as a swimming pool and gym in the hotel.
The Hotel Royal Group of companies also owns Hotel Royal @ Queens, located at Queen Street, Singapore, in the city centre. It has 223 suites, apartments and well equipped rooms, with a good range of restaurants and entertainment outlets.
The Group recently acquired Hotel Royal Penang which has 281 suites, apartments and rooms. Hotel Royal Penang is strategically located in Georgetown, a world heritage site.
The Group also owns Grand Complex, a prime commercial complex in the central business district of Wellington, New Zealand. Grand Complex has about 262,500 square feet of lettable retail and office space, and 330 car park lots.
The Group invests some of its surplus funds in equity investments and also with established fund managers.
The Group is presently looking at the redevelopment of Grand Complex's retail space and scouting for hotel opportunities in Singapore and the region.
May 11, 2018
Proposed Renounceable Non-Underwritten Rights Issue Of Up To 16,800,000 New Ordinary Shares In The Capital Of The Company At An Issue Price Of S$3.00 For Each Rights Share, On The Basis Of One (1) Rights Shares For Every Five (5) Existing Ordinary Shares Held By The Entitled Shareholders Of The Company As At The Books Closure Date To Be Determined, Fractional Entitlements To Be Disregarded
May 11, 2018
Apr 30, 2018