| Latest Forum Topics / The Place Hldg Last:0.003 -- |
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The Place Holdings on its next leg!
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SgYuan
Supreme |
01-Apr-2021 10:08
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ew tph day w3 punch up see next fib 
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Battle123
Elite |
31-Mar-2021 16:12
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why during price 11x nobody cheering ??
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WBdisciple
Elite |
31-Mar-2021 14:47
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Quick recap...they have 2 property developments in Singapore currently, one freehold mixed dev project at Tanjong Pagar and one mixed dev project next to Tanah Merah MRT Station... Plus, their China' s cultural tourism business seems to be kick-starting this year with the recent change of use to residential and extension from 40 years to 70 years (i believe the valuation of the land will likely go up...but that is my own guess...pls do your own DD).... |
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SLAYER
Member |
31-Mar-2021 14:27
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Let' s make Mr Ji and Mr Fan buy Good Class Bungalow at district 10 Singapore !!! They already bought a plot of land at Tanjung Pagar for free..Thanks to investors! 
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WBdisciple
Elite |
31-Mar-2021 14:19
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Their latest announcement seems to indicate that their cultural tourism business is starting to kick-start.... China' s tourism in review: Rising from the ashes of COVID-19 https://news.cgtn.com/news/2021-01-01/2020-China-s-tourism-in-review-Rising-from-the-ashes-of-COVID-19-WGG3GesW6A/index.html |
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trader1970
Elite |
31-Mar-2021 09:57
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Very bullish today... good chance to go past 130.. :) | |||||||||||||||||||||||||||||||||||||||||||||||||
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For_The_Next_Leg
Master |
31-Mar-2021 09:43
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$The Place Hldg(E27.SI) Amazing!
The Board wishes to announce that the zoning of the land of Tianjie Yuntai Wanrun (Xiuwu) Property Development Co., Ltd (&ldquo Tianjie Yuntai Wanrun&rdquo ) has been changed from commercial to residential with effect from 23 March 2021. The land-use rights assigned has been increased from its existing 40 years to 70 years.
https://theplaceholdings.com/view& id=1013
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Battle123
Elite |
22-Mar-2021 11:27
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i juz hope tis can chiong and burning the shortie |
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WBdisciple
Elite |
22-Mar-2021 10:13
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Their reasons for doing share consolidation...to me..the Blue one is key:
The Directors believe that the Proposed Share Consolidation will generally be beneficial to the Company and its Shareholders for the following reasons:
(a) Rationalise the Share Capital of the Company
The Proposed Share Consolidation will rationalise the share capital of the Company by reducing the number of Existing Shares issued and outstanding. With all things being equal, it is expected that the theoretical trading price and net tangible asset (&ldquo NTA&rdquo ) of each Consolidated Share would be higher than the current trading price and NTA of each Existing Share following the decrease in the number of Existing Shares in issue after the Proposed Share Consolidation.
(b) Facilitating Future Corporate Action(s)
The Proposed Share Consolidation can also facilitate future possible corporate action(s) of the Company. As disclosed in the Company&rsquo s announcement on 25 January 2021 containing the Company&rsquo s responses to the SGX-ST&rsquo s queries on the unusual price movements in the Company&rsquo s shares, the Group is currently engaging in various discussions on opportunities and projects. As and when any definitive agreement is reached, the Company will make the relevant announcement at the appropriate time and in compliance with the applicable rules. For the avoidance of doubt, the Company is only in the midst of various preliminary discussions. There is no certainty as to whether there will be any definitive developments arising from such discussions.
(c) Increase in the market interest and attractiveness of the Company and its Consolidated Shares
In addition, the Proposed Share Consolidation increases market interest and activity in the Consolidated Shares, and generally make the Consolidated Shares more attractive to investors, including institutional investors and increase coverage of the Company amongst research houses and fund managers, thus providing a more diverse shareholder base, liquidity and exposure for strong corporate brand value.
(d) Reduction of the Magnitude of Volatility of the Share Price
As share trading may involve certain minimum fixed expenses (such as minimum brokerage fees), trading in lowly-priced shares may translate to higher transaction costs, relative to the trading price, for each board lot of shares. In addition, lowly-priced shares are generally more prone to speculation and market manipulation, which may result in excessive share price volatility.
The Board therefore believes that the Proposed Share Consolidation may serve to (i) reduce the volatility of its share price and reduce fluctuations in the Company&rsquo s market capitalisation, and (ii) reduce the percentage transaction cost for trading in each board lot of Consolidated Shares. Eventually, this will help to enhance trading liquidity of the Company&rsquo s shares.
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mikethong88
Elite |
21-Mar-2021 23:39
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you will know after the consolidation
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For_The_Next_Leg
Master |
21-Mar-2021 21:54
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$The Place Hldg(E27.SI) The property price in Henan: Jiaozuo should be rising in the next few years.
https://www.ceicdata.com/en/china/property-price-prefecture-level-city/cn-property-price-henan-jiaozuo
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Joelton
Supreme |
18-Mar-2021 09:21
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The Place Holdings clears regulatory hurdle for proposed share consolidation
THE Place Holdings has obtained the green light for a proposed share consolidation, subject to shareholders' approval at the upcoming extraordinary general meeting, the company said in a statement on Wednesday.
The company, with core businesses in property development and property management activities, cultural tourism and integrated media platform, has proposed that each shareholder should receive one consolidated share for every five existing shares.
The consolidated shares, however, will be rounded down to the nearest whole number if the consolidation results in a shareholder' s number of consolidated shares in fractions. Currently, it has 5,880,654,539 ordinary shares that would be consolidated into 1,176,130,902 shares.
Its directors said that the proposed share consolidation can facilitate future possible corporate actions of the company, and it is currently engaging in various talks on opportunities and projects. However, it is uncertain that such talks would translate into any definitive developments.
The counter dropped 0.83 per cent to S$0.12 at the Wednesday close, before the in-principle approval given by the bourse operator was announced.
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happynl
Member |
18-Mar-2021 09:17
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Why ppl dont like share consolidation? | |||||||||||||||||||||||||||||||||||||||||||||||||
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richie_rich
Member |
16-Mar-2021 08:48
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https://www.asiaone.com/money/neighbourhood-estate-guide-why-tanjong-pagar-will-be-even-more-desirable-future
Present day Tanjong Pagar1. Business activity PHOTO: Unsplash The Shenton Way/Tanjong Pagar district has always been the financial and commercial centre of the city. Though, historically favoured by global businesses in the shipping and finance industry, a research report by property services firm Colliers International, rated Tanjong Pagar as being the top location in Singapore, among Asia&rsquo s top commercial real estate locations for technology, media and telecommunications (TMT) occupiers. The area has many skyscrapers including multiple Grade A office buildings, such as AXA Tower and Capital Tower. Perhaps the fact that the Monetary Authority of Singapore (MAS) has its office in the Tanjong Pagar/Shenton Way district bears the best testament to the importance of the location as a hub for trade. Tanjong Pagar&rsquo s unparalleled connectivity makes it easy and convenient for one to enter the Central Business District (CBD) through the multiple MRT stations traversing the East-West Line (EWL), North South Line (NSL), North East Line (NEL) and the Circle Line (CCL). Moreover, there are over 50 bus services connecting from Tanjong Pagar to the rest of the other parts of Singapore. For motorist, three main expressways, namely the Ayer Rajah Expressway (AYE), Central Expressway (CTE) and Marina Costal Expressway (MCE) connects residents from the west, north and east respectively to Tanjong Pagar. 2. Housing PHOTO: Unsplash The late Mr Lee Kuan Yew had a vision of a home-owing society through which many families could have a tangible stake in the nation. The ensuing policy led to Singapore achieving one of the highest home ownership in the world at around 91 per cent. Of which, roughly 80 per cent of the population lives in subsidised flats built by the Housing Development Board (HDB). To gauge the affordability of housing in the Tanjong Pagar area vis-à -vis housing to the other estates, we compared the prices of some HDB flats in Tanjong Pagar to the median lowest and highest prices of similar type of flats across the other towns.
Based on the price transaction over the past two years, between three estates in Tanjong Pagar, we are able to conclude that the HDB flat prices in the Tanjong Pagar area are relatively on the higher scale compared to the median prices across the other towns. This comes as no surprise as the location commands a higher premium due to its centrality to major commerce activities. Apart from the public housing, Tanjong Pagar is also a hotbed for luxury private condominiums. And none has surpassed the standards set by the Wallich Residence. Standing at a height of 290m, the Wallich Residence, which is part of the mixed-use Tanjong Pagar Centre is currently the tallest building in Singapore. A super penthouse in the development was sold off for around $74 million in 2019 to British Billionaire Mr James Dyson, stands as an embodiment to the status of Tanjong Pagar as a place of living amongst the high net worth cliental. 3. Education PHOTO: The Straits Times Benjamin Franklin was famously quoted for the phrase &ldquo the only thing more expensive than education is ignorance&rdquo , however, he too may also agree that prime real estate is probably not that far off either. Perhaps as a reflection of the high land costs, there is only one MOE registered educational institution in the Tanjong Pagar area, which is, Cantonment Primary school. It is ranked 109 out 185 for 2019. However, when we searched for preschools in the area, we received more (six) search hits. These include PCF Sparkletots, Carpe Diem and Modern Montessori, to name a few. The stark contrast between the number of preschools to the number of primary or higher learning institutions in Tanjong Pagar is due to the dynamics of the populace in the area. The largely (non-resident) working adults give rise to a higher demand of preschools near their workplace to send their toddlers. Whereas, most of the lower and upper level educational intuitions are situated in largely residential enclaves. 4. Recreation PHOTO: Unsplash The proverb, &ldquo all work and no play makes Jack a dull boy&rdquo , does not resonate more closely to any other town in Singapore than Tanjong Pagar. After a whole day of work, Tanjong Pagar is also an ideal location to unwind in the many shopping and eateries and pubs that are nestled within. We are blessed in Singapore to be able to indulge in a wide culinary of dishes from the various ethnicities. And in Tanjong Pagar, we have arguably the most delicious neighbourhood, where we are spoilt for choices from local hawker fare food from hawker centres like the Tanjong Pagar Plaza Market and Maxwell Food Centre to the many Michelin restaurants along Tanjong Pagar road and Tras street serving international inspired dishes. And for the folks whom want to keep up with the latest fashion or to escape the scorching weather, would surely not be disappointed by the shopping options presented in Tanjong Pagar. Shopping malls like Icon Village, 100 AM and the Guoco Tower offers shoppers a more unique and an international offering which are not commonly found in comparable neighborhood malls. Any individual looking to adopt an active and sporty lifestyle, would not face any difficulty in doing so at Tanjong Pagar, with the many (over 15) gyms and boutique fitness studios, conducting classes on yoga to high intensity workouts. Future: Masterplan 2019 to concept plan 2030 PHOTO: Unsplash For many years, downtown Singapore has been associated as the financial and commercial centre of the city. However, under the URA 2030 Concept Plan and 2019 Master Plan, the city centre is set to undergo a transformation from a mono-use which is dominated by offices to one which is more mixed use and lively after office hours. Under the Great Southern waterfront project which is expected commence after 2030, the area around Tanjong Pagar will be transformed into a space three times the size of Marina Bay. Once the leases of the ports expire in 2027 and are subsequently moved to the Tuas Mega Ports, the freed-up space will give rise to more new homes making the Central Business District (CBD) area livelier and more vibrant at night. Newer residential and commercial districts will be built along the coastline which will stretch over 30km from the waterfront promenade that connects Labrador Park to Gardens by the Bay in Marina South. This includes, construction of public housing projects at the mega waterfront development project which analysts expect to be priced near the upper range of the HDB pricing, similar to the prices set by the popular Pinnacle@Duxton. One of the first expected developments will be situated on the site of the Keppel Club, which will yield around 9,000 units comprising of both public and private housing. Additionally, office buildings that have been built or have had their last major refurbishment at least 20 years ago, will get a plot ratio increase of between 25 &ndash 30 per cent under the CBD Incentive Scheme and Strategic Development Incentive Scheme, which is expected to encourage developers to convert ageing offices into hotels and homes. Through such policies, the government intends to introduce a broader mix of uses so as to make the CBD not only a place to work, but also a vibrant place to live and play. Connectiveness in the downtown area is set to be further improve with the addition of four MRT stations they are Maxwell and Shenton Way stations along the Thomson-East Coast Line and Prince Edward and Cantonment stations along the Circle Line. With these additions, all developments in the downtown area will be within a 10-minute walk of an MRT station. Moreover, another 5km of cycling path will be added by 2021 to the existing network of 22km around the downtown area, making alternative commuting more convenient. There are further plans to transform the current key bus corridor at Robinson Road into a transit-priority corridor by giving more space to buses, cycling paths and pedestrian walkways. Through the implementation of these rejuvenation policies, the downtown area in years to come, will bear the fruits of the transformation making it more relevant to the varied needs of modern lifestyles of the residents. Moreover, having a good transportation system that enhances connectivity will help to anchor its position as a dynamic 24/7 downtown and global financial hub. Summary
This article was first published in Dollars and Sense. |
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For_The_Next_Leg
Master |
13-Mar-2021 12:22
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$The Place Hldg(E27.SI) Moving in the right direction.
https://www.sgx.com/research-education/market-dialogues/20210312-place-holdings-innovating-omni-channel-strategies
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Joelton
Supreme |
12-Mar-2021 09:19
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MCC Land to Participate in The Place Holdings&rsquo Freehold Project at Tanjong Pagar
&bull Located at 15 Enggor Street, the freehold property has a land size of approximately 11,000 square feet with a plot ratio of approximately 5.6 and a maximum height of 35 storeys
&bull The Place Holdings was awarded the freehold property, previously known as Realty Centre, for S$148 million in April 2019
&bull This is the second property collaboration for both companies since the recent signing of the recent strategic framework agreement in December 2020
Under the Shareholders&rsquo Agreement, MCC Land will participate a 30% equity stake in the project company that is developing the mixed development project. The Place Holdings will continue to hold a 51% equity stake and the remaining equity stake of 19% will be held by Sun Card Limited.
As the freehold property is located within the Anson precinct, it is entitled to bonus plot ratios of between 25% and 30% if there is a change of use under the Central Business District (CBD) Incentive Scheme initiated by the Urban Redevelopment Authority of Singapore in 2019.
Aligned with the key objectives of the strategic framework agreement between The Place Holdings and MCC Land signed in December 2020, it has led to two property collaborations, the first being MCC Land&rsquo s mixed development project next to Tanah Merah MRT Interchange.
Mr Ji Zenghe (吉 增 和 ), Executive Chairman of The Place Holdings, said, &ldquo Our freehold development at 15 Enggor Street provides an unique opportunity to conceptualise a differentiated mixed-use property in the CBD area with our combined experience and capabilities.
We are strong believers in the long-term potential of Singapore property market and continue to see strong fundamentals which are driven by political stability, pro-business environment and robust legal system.
We look forward to exploring more strategic collaborations that can provide new growth opportunities in Singapore and across Asia.&rdquo
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For_The_Next_Leg
Master |
11-Mar-2021 23:00
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$The Place Hldg(E27.SI)
MCC Land to Participate in The Place Holdings&rsquo Freehold Project at Tanjong Pagar
&bull MCC Land to co-invest, develop and acquire a 30% equity stake in The Place Holdings&rsquo freehold mixed-development project at Tanjong Pagar
&bull Located at 15 Enggor Street, the freehold property has a land size of approximately 11,000 square feet with a plot ratio of approximately 5.6 and a
maximum height of 35 storeys
&bull The Place Holdings was awarded the freehold property, previously known as Realty Centre, for S$148 million in April 2019
&bull This is the second property collaboration for both companies since the recent
signing of the recent strategic framework agreement in December 2020
https://links.sgx.com/1.0.0/corporate-announcements/BHWMEN5RW4J937NE/eb21e4c23c78cc2ecebd200fa396033055b3f6195bbc754ada69e08612e85ec7
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eric998
Supreme |
03-Mar-2021 10:10
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there are a few gaps to close down.. along the way may have techincal rebound.. be numble... be careful.. PE high means it may not be worth more than 10c.. trade with care.. | |||||||||||||||||||||||||||||||||||||||||||||||||
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WBdisciple
Elite |
03-Mar-2021 09:51
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Their FY2020 results is only contributed by their media business, hence it doesn' t boost profits by too much. Their property development biz in Singapore and culture tourism business will likely start contribution this year....https://www.edgeprop.sg/property-news/behind-place-holdings%E2%80%99-share-price-bull-run pls do your own DD. |
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ysh2006
Supreme |
03-Mar-2021 09:28
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PE so high take few hundreds years to recover ?
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