Hospitality & Leisure (Singapore)

5 Footway Founders

On 17 February 2016, Top Global acquired 35% of the enlarged share capital of 5Footway Founders Private Limited ("5Footway"), a hospitality management company incorporated in Singapore. 5Footway manages eight brands spanning across five cities in China, Japan and Singapore, with products ranging from hostels, hotels, serviced apartments, to student accommodation. It is the largest boutique hostel operator in Singapore with about 1,000 beds in over five hostels under its 5 Footway Inn brand.

Known for its prime location and affordability, 5 Footway Inn is a popular choice for the modern-day traveller. Its accommodation exudes modernity complemented with quality services and boutique facilities that provides great customer satisfaction and value. As a testament to its reputation, 5 Footway Inn's Project Chinatown has bagged the "Certificate of Excellence" in 2012 and 2013 by TripAdvisor, and 'Best Cleaniness', 'Best Atmosphere' and 'Best Staff Award' by HostelBookers.

The Group believes that its stake in 5Footway will enable it to tap on its established regional network and presence as well as enhance its position in the hospitality industry.

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