Heeton Holdings Limited, KSH Holdings Limited, Lian Beng Group Ltd. and Ryobi Kiso Holdings Ltd. are announced that the consortium's new hotel in London, United Kingdom has commenced operations. The hotel is managed by Heeton and operates under the brand LUMA CONCEPT HOTEL. The consortium is led by Heeton with an effective interest of 60%.

Ryobi Kiso's 75% owned subsidiary - RMTL Investment Pte. Ltd. have taken a 20% stake in the joint venture while KSH and Lian Beng each hold an effective interest of 10%. The consortium acquired the freehold property in early 2015 for approximately SGD 31 million.

Originally a budget standard hotel with 42 bedrooms, the building was demolished and a new 89 bedroom hotel measuring 28,266 square feet was constructed in its place. The redevelopment was organized and overseen by Heeton UK using modular construction methods. With modular construction, factory-produced pre-engineered building units or `pods' are delivered to site and assembled; time-saving and greater assurance of quality are usually the key benefits.

The LUMA CONCEPT HOTEL was effectively constructed off-site, under controlled plant conditions, using the same materials and designing to the same specifications and standards as in conventional on-site construction. The LUMA CONCEPT HOTEL London Hammersmith is located at 28-36 Glenthorne Road, London, United Kingdom. The hotel is within 2 minutes' walk from Hammersmith Underground Station in London and is well connected to many places of interests.

Hyde Park, the Royal Park in London, is a mere fifteen minutes away while Harrods offers world- class shopping in nearby Knightsbridge and the Natural History Museum in South Kensington is a London icon. All the rooms are equipped with air conditioning, complimentary high-speed wi-fi, remote control flat screen TVs with Freeview, work desk, laptop size safe deposit boxes, USB ports, complimentary tea and coffee making facilities, bespoke Luma Hotel toiletries created with 100% pure organic Argan oil. The LUMA CONCEPT HOTEL Hammersmith is managed by Heeton's hospitality division, which also manages 4 other UK hotels with two more in the pipeline.

This is the Group's first Heeton-branded hotel; plans to roll out the brand are in development.