HL Global Enterprises Limited - Hospitality and Properties
HL Global Enterprises Limited ("HLGE") has been listed on the Main Board of the Singapore Exchange Trading Limited since 10 October 1984.
HLGE was incorporated in Singapore on 21 September 1961 under the name of "Lim Kah Ngam (Singapore) Private Limited". On 24 August 1984, it was converted into a public company and changed its name to “Lim Kah Ngam Limited”. Its name was subsequently changed to "LKN-Primefield Limited" on 4 June 2001 and then to “HLG Enterprise Limited” on 29 September 2006. Presently, the company is known as "HL Global Enterprises Limited" with effect from 23 April 2008.
The core businesses of the HLGE group are that of hospitality operations and property development. The HLGE group, through its joint venture companies, owns a number of Equatorial hotels in Shanghai, People’s Republic of China (“PRC”), and Cameron Highlands, Malaysia and a Copthorne hotel in Qingdao, PRC. The HLGE group also owns a serviced apartment building in Shanghai and an investment property known as Wisma LKN in Johor Bahru, Malaysia. It manages, among other things, the hotels in Cameron Highlands, Malaysia and Qingdao, PRC. To maintain the competitiveness of its hotels, HLGE carries out renovation programs at its hotels from time to time as required.
Currently, we hold a 46.4% interest in the outstanding ordinary shares of HLGE.