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Royal Group of Companies
Asok Kumar Hiranandani founded the current structure of Royal Group of Companies after taking over his father's retail operations in the 1980s.
Royal Group of Companies
Asok Kumar Hiranandani founded the current structure of Royal Group of Companies after taking over his father's retail operations in the 1980s. The family wealth originated in textile trading before Naraindas and later Asok moved into property acquisitions starting with Lucky Plaza on Orchard Road. The office remains headquartered in Singapore and continues to be led by Asok as Chairman alongside his son Bobby as Co-Chairman. The group concentrates on real estate and hospitality assets. It owns and operates hotels including Sofitel Singapore Sentosa Resort & Spa, Raffles Sentosa Resort & Spa Singapore, DoubleTree by Hilton Kuala Lumpur and Hilton Garden Inn properties in Kuala Lumpur. Additional holdings include office buildings such as Royal Group Building and Royal One Phillip in Raffles Place plus retail strata titles at Lucky Plaza, Far East Plaza and The Arcade. Investments span Singapore, Malaysia, Australia and the United Kingdom with a focus on direct ownership and selective redevelopment projects. The firm maintains a compact family-led team without disclosed headcount or additional offices beyond its Singapore headquarters. Bobby Hiranandani joined management in 2011 and has overseen major hotel conversions including the Sofitel So project. No operational events from the last 24 months appear in public records. Governance rests with the founding chairman and his son as co-chairman, creating a direct two-generation decision structure that ties capital allocation to family oversight rather than external managers or committees.
General information
Firm type
Single Family Office
Year founded
1947
AUM
Undisclosed
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
3 Phillip Street, Raffles Place, Singapore
Principals
Asok Kumar Hiranandani
Founder and Chairman
Bobby Hiranandani
Co-Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at Royal Group of Companies?
Asok Kumar Hiranandani serves as Founder and Chairman while his son Bobby Hiranandani acts as Co-Chairman. Both participate directly in project selection and redevelopment decisions.
Does Royal Group of Companies participate in fund commitments or only direct deals?
The group executes direct ownership of properties and hotel assets. No external fund commitments are disclosed in available records.
What investment stages does Royal Group of Companies typically target?
The office focuses on existing income-producing assets and value-add redevelopment opportunities rather than early-stage venture investments.
Where does the underlying wealth come from?
The Hiranandani family built its capital from textile trading that began in 1947 and later shifted into Singapore real estate acquisitions starting in the 1980s.
How is Royal Group of Companies related to RB Capital?
Raj Kumar Hiranandani, brother of Asok Kumar Hiranandani, and his son Kishin RK operate the separate family office RB Capital.
What geographic footprint does the portfolio cover?
Holdings concentrate in Singapore and Malaysia with additional assets in Australia and the United Kingdom.
Does Royal Group of Companies maintain philanthropic structures?
No separate philanthropic vehicles are disclosed in public materials from the firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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