Mulpha, again proven result-oriented with Qtr net profit myr46Million. Hurray! looks like Australia property market still holdsup very well vs MY local dull property market
CHinaman. So what... Mulpha gain big profit that won’t share with us also.... the boss keep ask for money but never even return a single cent to us... So more keep make the price drop and consolidate 10 to 1 ...
yes- Lee is very super stingy. But, he returns shareholders with share buyback. at long term, one can win from growing market share price. i've said many times-dividend is not the best gauge as many corporate go borrowing to pay for dividend. this is completely wrong policy which BS shouldn't allow it unless the over-generous company have net cash level. many lost a lot from falling share capital price ex. dividend. the dividend income not enough to cover the capital loss.
Hayman Island’s owner, Malaysian conglomerate Mulpha Australia, offered up the management rights to its entire local accommodation portfolio last year, including Hayman, its prestigious InterContinental hotel in Sydney and InterContinental Sanctuary Cove resort property in Queensland and the company’s Rydges hotel in Cairns.
Three parties were short-listed for the prized management rights to the four eastern seaboard hotels and resorts including the incumbent, the London-based IHG, which controls InterContinental Hotels and French giant Accor which is understood to have wanted to rebrand the InterContinental hotel in Sydney’s Bridge Street as a luxury Fairmont if it were successful.
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The American hotel giant Marriott, which controls more than 30 hotel brands around the world including the luxury St Regis, Bulgari and W Hotels was also short-listed. But incumbent operator IHG successfully won the rights to the Mulpha properties and will continue to operate the Sydney and Sanctuary Cove resort hotels under the InterContinental brand.
However, senior hotel sources said Mulpha’s Rydges Hotel in Cairns would remain under a Rydges hotel.
Hayman Island will be rebranded an InterContinental Resort when it reopens on December 1 after a massive renovation due to the damage sustained from Cyclone Debbie in March last year. The high-profile resort was rebranded a One&Only resort in 2014 amid much fanfare following an $80 million refurbishment.
Although the Hayman Island InterContinental Resort will be one of the first such resort properties in Australia, IHG operates similar luxury resorts in Bora Bora, Tahiti and Koh Samui and Pattaya in Thailand.
Sources said the new InterContinental on Hayman Island which will sport 160 penthouses, villas that will represent a whole new level of luxury for the group.
Mulpha is also keen to sell off some of Hayman Island’s ultra luxury villas and is expected to have four to offer to buyers from December 1. Mulpha’s Australian based chief executive Greg Shaw declined to comment on the plans yesterday.
A man accused of serially pooing in public has quit his job after a photographer caught him relieving himself on a suburban Brisbane street.
The man, named as Andrew Douglas Macintosh, was dubbed the “poo jogger” after a story in Australia’s Courier-Mail which pictured the former manager supposedly defecating in public.
Macintosh was photographed holding toilet paper outside the Logan Road block on May 11, and has been charged with one count of public nuisance.
It is alleged that Macintosh, 64, fouled on the private footpath of an apartment block near his Greenslopes, Brisbane, home 30 times over the last year.
According to local reports, the regularity of Macintosh’s movements proved to be his undoing, with a resident setting up cameras to catch him in the act.
With his reputation seemingly in the toilet, Macintosh has since stepped down from his job at as a quality care manager at Aveo, a company that runs retirement villages.
Aveo later confirmed his resignation as pictures of Macintosh mid-motion went viral.
The Brisbane jogger who defecated on a footpath outside a Greenslopes unit last month has been outed as businessman Andrew Douglas Macintosh. The 64-year-old has resigned from his position with retirement village company Aveo
Mulpha, again proven result-oriented with Qtr net profit myr114Million. Hurray! looks like Australia property market still holdsup very well vs MY local dull property market. Mulpha boss should just privatise it since many under appreciate it
We appreciate constructive criticism but not biased, wild accusation without susbtantial facts but only hearsay. Mulpha is a great long term shares for whoever believe in Australia property market.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
John Lu
5,187 posts
Posted by John Lu > 2017-11-04 21:07 | Report Abuse
Sochai Calvin bankrupt because he bought mulpha at 50c 4 years ago