Ong Beng Seng’s HPL wins go-ahead to redevelop Orchard Road properties
HPL Properties Limited, a company whose managing director Ong Beng Seng is now facing a graft-related investigation, has been granted provisional approval to redevelop their series of Orchard properties. On Aug 28th, the typically relatively inactive shares shot up, closing at $3.90, a 10.8% increase for the day. The trio of properties being redeveloped consist […]