HDB

Southeast Asia Elevators and Escalators Market Report 2024-2029 - Green Building and Certifications in Construction Leading to Adoption of Energy-Efficient Vertical Transportation Installations - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The "Southeast Asia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Otis, Schindler, TK Elevator, and KONE are the top 4 manufacturers in the Southeast Asia elevator and escalator market, with a market share of nearly 52%.
  • In Indonesia, the need for elevators increases as more people choose public transportation over other modes.
  • To achieve this, the target of 60% of Jakarta residents using public transit by 2030 will fuel the construction of public transportation.

Ohmyhome Announces Growth Updates Following Successful Acquisition of Property Management Business Simply Sakal

Retrieved on: 
Thursday, February 8, 2024

Singapore, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, as well as property management services for condominiums in Singapore, is pleased to announce significant developments and milestones following its acquisition of Simply Sakal Pte.

Key Points: 
  • Singapore, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, as well as property management services for condominiums in Singapore, is pleased to announce significant developments and milestones following its acquisition of Simply Sakal Pte.
  • Ltd. is now renamed as Ohmyhome Property Management further enhancing the one-stop brand of Ohmyhome.
  • The property management business has historically grown its business at 57% CAGR (Compound Annual Growth Rate), achieving revenue of $2.0 million (SGD 2.6 million) in 2022 with 4,648 units under management.
  • To redefine property management, Ohmyhome Property Management has also introduced Vehicle Management Systems for condominiums as a new Software-as-a-Service (SaaS) revenue source in Q4 2023 through the integration of Internet of Things (IoT) solutions.

Citibank Home Loan and its Benefits

Retrieved on: 
Friday, December 22, 2023

Here are some reasons why Citibank Home Loan is a worthy consideration:

Key Points: 
  • Here are some reasons why Citibank Home Loan is a worthy consideration:
    - Dedicated mortgage advisors: Home financing doesn't have to be a frustrating journey.
  • - Extensive mortgage options: At Citibank, we offer a wide range of home loan options to fulfil your unique home financing needs.
  • - Mortgage Loan Interest Offset: Enjoy more savings with our Mortgage Loan Interest Offset feature when you sign up for variable interest rate packages.
  • Currently, Citibank offers fixed and variable interest rate home loan packages for HDB flats and private property.

How Does Refinancing a Mortgage Work?

Retrieved on: 
Wednesday, December 13, 2023

In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank.

Key Points: 
  • In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank.
  • How Does Refinancing a Mortgage Work?
  • When you apply for mortgage refinancing with a new bank, the bank will review information like your income, credit score and assets to determine if you fulfil the refinancing requirements.
  • If you'd like to explore mortgage refinancing options with Citi, check out Citi's Mortgage Calculator and get in touch with mortgage advisors from Citi.

HDBank receives Board of the Year award for best corporate governance practice

Retrieved on: 
Tuesday, December 12, 2023

Kim Byoungho, chairman of HDBank, speaks at a panel discussion on “Unlocking Green Finance and Investment through Green Governance” as part of the Annual Forum on Corporate Governance in Hà Nội on November 22.

Key Points: 
  • Kim Byoungho, chairman of HDBank, speaks at a panel discussion on “Unlocking Green Finance and Investment through Green Governance” as part of the Annual Forum on Corporate Governance in Hà Nội on November 22.
  • VIOD presents this award to acknowledge outstanding accomplishments and concerted efforts by the Board of Directors of listed companies in diverse aspects of governance.
  • The award acknowledges HDBank's pioneering efforts in adopting advanced corporate governance standards and promoting transparency in business operations, aligning with international best practices.
  • The Vietnam Institute of Directors (VIOD) is a professional organization which promotes corporate governance standards and best practices in the Vietnamese corporate sector.

Ohmyhome Ltd. Announces Acquisition of Simply Sakal, a Leading Singapore Tech-Enabled Property Management Company, Creating Property “Super App”

Retrieved on: 
Wednesday, October 11, 2023

Ltd (“Simply”), a leading tech-enabled property management company in Singapore, by Ohmyhome (BVI) Limited, a wholly owned subsidiary of Ohmyhome.

Key Points: 
  • Ltd (“Simply”), a leading tech-enabled property management company in Singapore, by Ohmyhome (BVI) Limited, a wholly owned subsidiary of Ohmyhome.
  • Ohmyhome acquired a 100% interest in Simply for a consideration of approximately S$4.7 million (approximately US$ 3.5 million) via a combination of cash and stock.
  • “This strategic acquisition creates a premier one-stop-shop property solution for customers in Southeast Asia like none other.
  • By combining our strengths, Ohmyhome and Simply will be able to create a comprehensive offering for homeowners and home seekers and serve them for a lifetime.”
    Following the acquisition, Simply will also be rebranded as Ohmyhome Property Management subject to requisite notice and approvals.

Ohmyhome Reports First Half 2023 Results and Is Geared For 3X Growth in 2024

Retrieved on: 
Tuesday, October 3, 2023

Singapore, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”, “the Company”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, today reported the results for the six months ended June 30, 2023.

Key Points: 
  • Singapore, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”, “the Company”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, today reported the results for the six months ended June 30, 2023.
  • The company has launched its latest innovative product, HomerAI , a ‘digital agent’ for customers in Q2 2023.
  • Ohmyhome is estimated to achieve a three-fold growth in revenue in 2024 and a positive EBITDA in 2025.
  • Ohmyhome is expected to achieve synergy realization leading to revenue growth and improved profitability in the next two years.

Ohmyhome Announces Partnership to Bring Southeast Asia Properties Globally and Connect International Properties with eMediaLinks, An Exclusive Partner with House.sina in North America and Weibo North America

Retrieved on: 
Tuesday, October 3, 2023

The bilateral free trade agreement (FTA) with Singapore has also made Singapore the US’s largest trading partner in Southeast Asia, supporting approximately 215,000 American jobs.

Key Points: 
  • The bilateral free trade agreement (FTA) with Singapore has also made Singapore the US’s largest trading partner in Southeast Asia, supporting approximately 215,000 American jobs.
  • This Partnership enables Ohmyhome to market properties and investment opportunities in Southeast Asia to a vast audience of interested buyers through house.sina.com and Weibo North America.
  • As Southeast Asia continues to be a hotspot for business and investment, we are proud to partner with eMediaLinks and Weibo North America, a leading social media network amongst the Mandarin-speaking users globally, to accelerate demand and boost business opportunities for Ohmyhome.
  • Our customers who are interested in properties in SouthEast Asia can now be serviced by an experienced and dedicated company from the start to the end of their property purchase and investments.”

Ohmyhome Hosts Hawaii State Housing Delegation in Singapore

Retrieved on: 
Friday, September 22, 2023

Sen Stanley Chang, a prominent figure in Hawaii's State Senate, led the delegation of 21 on this educational journey, which is part of their ongoing efforts to enhance Hawaii's housing policies and practices.

Key Points: 
  • Sen Stanley Chang, a prominent figure in Hawaii's State Senate, led the delegation of 21 on this educational journey, which is part of their ongoing efforts to enhance Hawaii's housing policies and practices.
  • Singapore was selected as a destination for this fact-finding mission due to its renowned reputation for effective and sustainable public housing, exemplified by the Housing and Development Board (HDB).
  • Rhonda Wong, CEO and Co-Founder of Ohmyhome, remarked, "We are honored to have had the opportunity to host Sen Stanley Chang and the United States housing delegation at our Singapore Office.
  • Disclaimer: This press release is for informational purposes only and does not constitute an endorsement or partnership between Ohmyhome Limited and Sen Stanley Chang or the Hawaii State housing delegation.

HDBank targets VND13.2 trillion profits for 2023, on track for sustainable growth

Retrieved on: 
Monday, May 1, 2023

The bank has approved a number of targets, plans and proposals, including a target of VND13.2 trillion ($562.67 million) in profit for 2023, a growth of 29 per cent on-year.

Key Points: 
  • The bank has approved a number of targets, plans and proposals, including a target of VND13.2 trillion ($562.67 million) in profit for 2023, a growth of 29 per cent on-year.
  • Last year marked the 10th anniversary of the bank's innovation progress and five years since its IPO.
  • Its unceasing efforts over the years have brought HDBank significant achievements with its total assets exceeding VND416 trillion (USD18 billion) at the end of 2022, total deposits topping VND366 (USD15.6 billion) trillion and total credit being nearly VND268 trillion (USD11.4 billion).
  • By taking the initiative and being flexible in a volatile period, HDBank last year achieved strong yet sustainable growth.