HOSPITALITY group Banyan Tree Holdings has formed a 50-50 joint venture (JV) with Myanmar Treasure Hotel & Resort Group (Htoo Hospitality) to initially manage 17 of the latter's hotel properties.

THE following companies saw new developments that may affect trading of their securities on Tuesday:

BANYAN Tree Holdings' net profit more than doubled to S$12.8 million for the fourth quarter ended Dec 31, from S$5.6 million in the previous corresponding period.

SINGAPORE (Feb 27): Earnings of resort-developer Banyan Tree soared 127% to $12.8 million for 4QFY2019 ended December from $5.6 million a year ago, following higher revenue contribution across all business operations. Revenue for the quarter was up 71% to $158.5 million. Income from property sales ...

BANYAN Tree Holdings saw it its net profit more than double to S$12.8 million for the fourth quarter ended Dec 31, 2019, from S$5.6 million a year ago.

BANYAN Tree Hotels & Resorts will introduce the hospitality group’s first property in the Bahamas under a partnership with Island Developers.

SINGAPORE (Nov 14): Banyan Tree Holdings sank deeper into the red with a net loss of $9.4 million for the 3Q19 ended Sept, compared to a $7 million loss a year ago. The operator of luxury resorts attributed the lower bottomline to lower operating profit from the hotel investments and property sales...

RESORT operator Banyan Tree Holdings sank further into the red with a net loss of S$9.4 million for its third quarter ended Sept 30, compared to a S$7 million loss a year ago.

THE following companies saw new developments that may affect trading of their shares on Thursday:

RESORT operator Banyan Tree Holdings sank further into the red on Wednesday, posting losses of S$7.9 million for the second quarter, versus S$5.4 million a year ago.