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Banyan Tree Leaf Notes - March 2008

03-28-2008

March 08 issue

HOTEL NEWS

 

NEW GOURMET EXPERIENCES DEBUT AT BANYAN TREE SEYCHELLES

Mahe, Seychelles - Set against the stunning Seychelles islands backdrop of the deepest blues, Banyan Tree Seychelles has made it their imperative to introduce a range of intimate, exceptional dining experiences and culinary chef classes for guests and fans of the award-winning resort.

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CORPORATE ANNOUNCEMENTS

 

BANYAN TREE FOUNDER HO KWON PING HONOURED AS CEO OF THE YEAR AT SINGAPORE CORPORATE AWARDS 2008

Singapore – Barely a year and a half after Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”) saw its debut on the Singapore Exchange, its Executive Chairman and founder Mr. Ho Kwon Ping has been bestowed the honour of Chief Executive Officer of the Year at the Singapore Corporate Awards 2008.

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FULL YEAR OPERATING PROFITS UP 10% TO S$122.5 MILLION

Singapore -Main-Board listed Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”), a leading manager and developer of premium resorts, hotels, spas and galleries, announced today its full year result. Driven by its hotel operations and property sales segments, coupled with a one-off negative goodwill exceptional gain arising from its subsidiary’s rights issue in July 2007, the Group posted a 142% increase in profit after taxation to S$102.4 million on the back of a 26% increase in revenue to S$421.9 million.

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FRESH PICKS

 


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