SINGAPORE - Battered by a slump in retail and hospitality that has decimated business at its malls and hotels in Melaka, Hatten Land is pivoting from real estate development and seeking new sources of revenue in digital currencies and the metaverse.
While traders seem to be responding positively, the company will have to work harder to convince regulators, creditors and shareholders that its plan can work.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you