Royal Brothers Group

Our success is due to our persistent endeavors and passion for growth. The following overview presents the most important highlights of the development of our Group:

1940s

Mr. Naraindas, has laid the foundation in 1947 with a small silk garments trading firm in Singapore. With Mr. Naraindas's relentless efforts, the business gradually expanded its horizons.

1950 and 60s

Mr. Naraindas ventured into Africa and capitalized on myriad of business opportunities.

1970s

The business was passed to the 2^nd generation of the family - Mr. Raj Kumar and Mr. Asok Kumar, the 2 sons of Mr. Naraindas. The sons made strategic changes in the firm and forayed into property market in Asia Pasific region.

1980s

The Group acquired a significant number of commercial shop units in Lucky Plaza, Peninsula Plaza, Queensway Shopping Centre and other prominent places in the island of Singapore.

1990s

As part of diversification from commercial & residential property investment into Hospitality industry, the Group acquired the following properties:

	Novetel Hotel in Auckland
	Holiday Inn in Queenstown
	Mercure Hotel in Perth
	Mercure Hotel in Brisbane
	Quality Princess Hotel in Perth

Investment into the residential site at “Balmoral Crescent” in Singapore was made by way of public auction. Our bid for the property turned out to be a record highest price for a landed property of $618 per sq ft.

The Group acquired Time Square Complex, a twin tower property that comprises of Hotel and an Office Tower in Brisbane appointing Accor Asia Pacific as its Operator.

The Group also purchased the Melia@Scotts hotel at Scotts Road, Singapore. Royal Brothers Group were the first issuers of a Bond in private corporate sector incorporating unique features to channel into the above investment. The bond issue had an overwhelming response.

Early 2000s

Purchased the DBS Securities Building, Singapore located at Raffles Place, Singapore’s Financial hub. After a major refurbishment was completed, the building was renamed the “Royal Brothers Building” housing our Group’s Corporate Headquarters.