Ho Bee Investment Limited1 is an investment holding company. The Company operates in four business segments: property investment, property development, investment holding and hotel. The property investment segment is engaged in the investment in properties. Property development segment is engaged in the development, construction and trading in properties. Investment holding is engaged in the investing activities in quoted and unquoted securities and private equity funds. Hotel segment is engaged in the management of the hotel. Ho Bee Investment Limited's wholly owned subsidiaries include Ho Bee Developments Pte Ltd, Pacific Rover Pte Ltd, Soon Wing Properties Pte Ltd, HBO Investments Pte Ltd, HB Properties International Pte Ltd, HB Venture Capital Pte Ltd and Ho Bee Homes Pte. Ltd. In July 2007, the Company incorporated a special purpose company, Rivershore Pte Ltd, to undertake the joint acquisition and development of a property with Choice Homes Investments Pte Ltd.
- August 12, 2008 - Ho Bee's Q2 profit falls 70% to $37m2