Hind director looks afresh at NZ Singapore Government-controlled DBS Realty has been struggling for a month to mop up just over 1% of the shares in Hind Hotels so it can complete a takeover begun early last year. Meanwhile one of Hind’s former controlling shareholders, Niwas Jhunjhnuwala (right), is looking again at New Zealand property. […]
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Hind sale
Big hits on sellout Hind bought the Imperial Hotel in Singapore in 1977, when it was ranked second in the city, and listed their company five years later. Niwas Jhunjhnuwala says it was still five-star accommodation when it closed late last year, but the decision to close made the last year costly for the company. […]
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