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The Board of Directors of Fragrance Group Limited (the “Companyâ€) wishes to announce
that Mr Sim Mong Yeow, who is the licensee of Fragrance Hotel-Kovan, a hotel operated by
the Company’s subsidiary, Fragrance Hotel Management Pte Ltd has on 27 July 2011 been
served with two summonses to attend Court for failing to require guests at Fragrance Hotel -
Kovan, located at No. 760 Upper Serangoon Road, Singapore, to fully furnish the particulars
required by Regulation (27)1 of the Hotels Licensing Regulations. Mr Sim Mong Yeow is an
Executive Director of the Company.
Legal advice is being sought and the Company will keep shareholders updated on any
material developments.
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The Board of Directors (the “Board”) of Fragrance Group Limited (the “Company”)
wishes to announce that the Company is exploring the possibility of conducting a
proposed restructuring of its business divisions (“Proposed Restructuring”), in particular its hotel ownership and management business, and may explore the feasibility of listing such business division on the Main Board of the Singapore Exchange Securities Trading Limited.
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anyone knows why for the same type of room at same location, fragrance room rate is usually higher than its competitor hotel 81's?
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I hope fragrance hotel Oasis is covered by Insurance.
Sunday, Jan 22, 2012
A car crashed into the glass doors of a Fragrance Hotel in Balestier early this morning.
Two witnesses on the scene told local citizen journalism website Stomp that the car had crossed over a road divider before crashing into the hotel.
One of the witnesses who identified herself as Rachael claimed that the car had crossed over the divider and had hit a lamp post before smashing into the hotel.
A check with police revealed that they had received a call at about 1.25am informing them about the accident.
The police said that initial investigations revealed that the car was travelling along Balestier road towards Lavender Road when it mounted the centre divider and uprooted a lamp post before crashing into the glass doors.
The police added that no one was injured and that the driver of the car had fled the scene after the accident.
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Don't think it will be a significant cost.
I'm still waiting on updates for its spin off plans!
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07-02-2012, 10:02 PM
(This post was last modified: 07-02-2012, 10:02 PM by pianist.)
if u see last weekend advertisement on the paper, fragance launched 3 projects at one go - parc rosewood, suites at paya lebar and suites at bukit timah - no wonder its share price shot up.
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Further to the Previous Announcements, the Board of Directors of the Company (the “Board”) is
pleased to announce that Global Hotel, the investment holding company for the hotel ownership and management division of the Group has on 17 February 2012 obtained a letter of eligibility to - list from the Singapore Exchange Securities Trading Limited (the “SGX-ST”) for the listing of and quotation for, inter alia, all its issued ordinary shares (the “GH Shares”) and the new GH shares to be issued pursuant to its initial public offering, on the Main Board of the SGX-ST (the “Listing”).
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Any shareholders here attending the EGM? I received the mailer yesterday to vote for the spin-off of its hotel biz through ipo and it seems like is a no-brainer decision i guess.