HPL ‘not aware’ of any undisclosed information behind share price movements

It confirms compliance with listing rules.

Hotel Properties Limited (HPL) has confirmed that it is not aware of any undisclosed material information that could explain the recent unusual movements in its share price. This comes in response to queries raised by Singapore Exchange Regulation (SGX RegCo) on 16 May 2025.

The board of directors also clarified that there are no ongoing discussions or developments involving the company, its subsidiaries, or associated companies—such as mergers, acquisitions, joint ventures, or asset sales—that have not already been publicly disclosed.

“The company is not aware of any information not previously announced concerning the company, its subsidiaries or associated companies which, if known, might explain the trading,” the group said.

HPL also said it is not aware of any rumours or market speculation that could have caused the unusual trading.

The company confirmed it remains in full compliance with SGX listing rules, including Mainboard Rule 703, which requires timely disclosure of material information.