Ho Bee Land Limited Approves First and Final One-Tier Tax-Exempt Dividend for the Financial Year Ended 31 December 2022

Ho Bee Land Limited is a Singapore-based real estate company. The Company’s portfolio covers various residential, commercial and high-tech industrial projects. It develops luxury homes in the residential enclave of Sentosa Cove. Its other developments in Singapore include The Metropolis at one-north, the largest Grade A office development outside the Central Business District to-date, Elementum and other. In London, the Company has a portfolio of eight investment properties, including The Scalpel, Ropemaker Place and 1 St Martin’s Le Grand. The Company operates in Singapore, Australia, China, United Kingdom and Europe. The Company operates through two segments. Property investment segment is engaged in the investment in properties. Property development segment is engaged in the development and trading in properties. Its Other segments include investing in equity securities, private equity and European property fund and notes.