Vita Holdings Limited1 is an investment holding company. The Company, through its subsidiaries, is engaged in letting and subletting of property, provision of related management services, as well as owning and operating ships and deriving income from the chartering of ships. It has two segments: shipping that provides ship chartering services on both time and voyage charter, and property leasing that leases warehouse, dormitory, office and other spaces leased or owned by the Company. Its property leasing and management business comprises 13 properties in Singapore as at June 30, 2007.
It leases and manages properties that are used for purposes, including dormitories, warehouses, offices, hostel, retail and hotel. As of June 30, 2007, it owns and charters out nine cargo vessels. It provides crew and equipment, technical operation and ship navigation support to charterers. In July 2006, it acquired a 51% stake in J.L Chancellor Pte Ltd. In 2007, it initiated hotel management operations.
|Address||32 Maxwell Road #01-01 The Whitehouse Singapore 069115 Singapore|