Those following along with Far East Hotels and Entertainment Limited (HKG:37) will no doubt be intrigued by the recent purchase of shares by Derek Chiu, Chairman of the company, who spent a stonking HK$5.7m on stock at an average price of HK$0.48. There’s no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 6.5%.

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Far East Hotels and Entertainment Insider Transactions Over The Last Year

In fact, the recent purchase by Derek Chiu was the biggest purchase of Far East Hotels and Entertainment shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of HK$0.48. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. To us, it’s very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months Far East Hotels and Entertainment insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Check out our latest analysis for Far East Hotels and Entertainment

Far East Hotels and Entertainment is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 30% of Far East Hotels and Entertainment shares, worth about HK$107m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Far East Hotels and Entertainment Insider Transactions Indicate?

The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn’t make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Far East Hotels and Entertainment. That’s what I like to see! So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. To help with this, we’ve discovered 3 warning signs (1 doesn’t sit too well with us!) that you ought to be aware of before buying any shares in Far East Hotels and Entertainment.

But note: Far East Hotels and Entertainment may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Rosewood Hotels & Resorts has announced its entry into Dubai with the launch of Rosewood Dubai and Rosewood Residences Dubai, both slated to open in 2029. Developed in partnership with H&H and owned by Bright Start, the dual-branded project will be located in Peninsula Dubai, “an upcoming landmark destination within the city’s most prestigious waterfront district,” according to a release.

The hospitality and residential components will span over 640,104 square feet and include a 195-key hotel, eight private garden villas and a collection of 63 branded residences alongside five exclusive beachfront villas.

Rosewood Dubai aims to be “a living expression of the Emirate’s cultural richness and contemporary elegance” and will feature a private beach, beach club, four dining venues, a wellness center, curated programming in art, music and gastronomy and an Explorers Club for younger guests.

“Our vision is to create an ultra-luxury destination that is not only anchored in exceptional design and service but also in human connection and purpose. Rosewood Dubai is a vital part of our expansion in the Middle East and will reflect our A Sense of Place® philosophy, celebrating the city’s vibrant energy while offering a new expression of modern luxury lifestyle,” said Radha Arora, president, Rosewood Hotels & Resorts.

Set along the sands of Jumeirah Beach with views of Dubai’s skyline, the residences will offer access to a 24-hour concierge, spa and movement studio, padel court, private cinema, library and lounge. The design will incorporate “subtle tributes to local culture” and emphasize “masterful design and contemporary architecture.”

“At H&H we consistently strive to pioneer new standards by creating developments that shape the real estate landscape of the city. We are incredibly excited to bring a world-renowned brand like Rosewood to Dubai, specifically to Peninsula Dubai, a landmark destination we are developing that will redefine the Dubai waterfront. Our aim with Rosewood Dubai is to offer something truly unique – blending architectural and design genius, the inherent prestige of the Rosewood brand, the bespoke amenities of both the hotel and the residences and the one-of-a-kind experience this distinctive destination provides,” added Miltos Bosinis, chief executive officer, H&H.

The project is positioned as a new benchmark for luxury living and hospitality in the region with a goal to “curate transformative experiences that spark discovery, foster meaningful relationships and deepen the bond between guests, residents and the city they call home.”

“Our commitment extends beyond redefining industry standards; we are dedicated to generating substantial value and contributing strategically to Dubai’s growth. The realization of Peninsula Dubai represents a pivotal asset in our portfolio with the introduction of Rosewood Dubai further solidifying its position as a landmark destination. Rosewood’s global reputation for highly personalized luxury is a key driver for the project’s premium positioning and investor appeal. This partnership aligns perfectly with our strategic vision: to bring truly exceptional living and hospitality experiences to Dubai and build a lasting legacy for this dynamic city,” said Shahab Lutfi, chief executive officer, Bright Start.

Last Updated:August 05, 2025, 23:49 IST

Four people were killed and at least 130, who were initially feared trapped, have been rescued in Dharali, a key stopover to Gangotri housing many hotels, restaurants and homestays

Massive flashfloods — most likely triggered by a cloudburst — in the quaint Himalayan village of Dharali in Uttarakhand’s Uttarkashi district, swept away homes, hotels, cars, and trees leaving a trail of destruction behind.

Four people were killed and at least 130, who were initially feared trapped, have been rescued in the village that is a key stopover on the route to Gangotri, the origin of the Ganges, and also houses many hotels, restaurants and homestays. Before-after images of the village show the scale of devastation.

According to officials, at least half the village has been buried under fast-flowing mudslide of slush, rubble and water. They said rescue and relief teams have been battling the elements in the ecologically fragile heights to contain the damage.

Contiguous buildings, including three and four-storey houses, fell like a pack of cards as the surging waters washed over them. The devastating flashflood came in the wake of a cloudburst somewhere in the catchment area of the Kheer Ganga river.

State disaster management secretary Vinod Kumar Suman said Dharali was not the only hit. The raging waters flowed down two different sides of the same hill, one towards Dharali and the other towards the village of Sukki, he said. 

Landslides have blocked 163 roads, including five national highways, seven state highways and two border roads across the state, further impeding rescue and preventing personnel from getting to the far-flung area, about 140 km from the state capital Dehradun and usually a five-hour drive.

Uttarakhand principal secretary RK Sudhanshu said 40 to 50 buildings have been damaged. Local residents said a large portion of the Dharali market was washed away.

Rajesh Panwar, an eyewitness to the horror of nature’s relentless fury, told PTI that about 20 to 25 hotels and homestays may have been washed away. There was widespread panic in the neighbouring villages following the flashflood.

Prime Minister Narendra Modi said no stone is being left unturned in providing assistance to the people. “I express my condolences to the people affected by this tragedy in Dharali, Uttarkashi. Along with this, I pray for the well-being of all the victims. I have spoken to Chief Minister Pushkar Dhami ji and obtained information about the situation. Under the supervision of the state government, relief and rescue teams are engaged in every possible effort,” he said.

Union Home Minister Amit Shah also spoke to Dhami and ordered the dispatch of seven rescue teams to assist the affected people. Defence Minister Rajnath Singh said the Centre and the state government are working in tandem, taking all possible measures to save precious lives.

Dhami, who was in Andhra Pradesh, cancelled his trip to return to Dehradun. He said he is constantly in touch with senior officials and the situation is being closely monitored.

“The news of heavy losses due to cloudburst in Dharali (Uttarkashi) area is extremely sad and painful. SDRF, NDRF, district administration and other related teams are engaged on war footing in relief and rescue operations,” he said in a post on X.

(With PTI inputs)

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Uttarkashi, India, India

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