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Annual Report 2019
ANNUAL REPORT 2019 CONTENTS 02 Our Philosophy 03 Milestones 04 Chairman’s Statement 06 Management Discussion of Results of Operations and Financial Position 10 Board of Directors 15 Key Executives’ Profiles 16 Financial Profile 19 Corporate Information 20 New Discoveries at Isetan Scotts 22 Sustainability Report 36 Corporate Governance Report 50 Risk Management Policies & Processes 52 Directors’ Statement 55 Independent Auditor’s Report 60 Income Statement 61 Statement of Comprehensive Income 62 Balance Sheet 64 Statement of Changes in Equity 65 Statement of Cash Flows 67 Notes to the Financial Statements 120 Additional Disclosure Requirements 124 Note to Shareholders regarding the Annual General Meeting 125 Statistic of Shareholdings 127 Corporate Directory ANNUAL REPORT 2019 ISETAN (SINGAPORE) LIMITED 01 OUR PHILosopHY CONNECTING PEOPLE AND BRIDGING TIMES. STRIVE TO CHANGE. 1. Observe and study your surrounding facts for constant growth. 2. Innovate and stay ahead of times. 3. Respect others. Be inspired by diverse views and ideas. BE A NEW ONE. 02 ISETAN (SINGAPORE) LIMITED ANNUAL REPORT 2019 MILESTONES STORES & SPECIALTY SHOP DEVELOPMENT 1972 Isetan Havelock made history by being the first Japanese department store in Singapore. 1979 Isetan Orchard opened at Liat Towers. This store established Isetan’s presence along Singapore’s tourist shopping belt. 1983 Isetan Katong opened at Parkway Parade marking the Company’s penetration into suburban Singapore. 1986 Isetan Orchard was relocated to Wisma Atria at a cost of $100 million amidst the economic downturn and recession. 1993 Flagship store at Havelock was relocated to Isetan Scotts which opened at Shaw House. 1995 Isetan Tampines opened at Tampines Mall. -
List of Certified Facilities (Cooking)
List of certified facilities (Cooking) Prefectures Name of Facility Category Municipalities name Location name Kasumigaseki restaurant Tokyo Chiyoda-ku Second floor,Tokyo-club Building,3-2-6,Kasumigaseki,Chiyoda-ku Second floor,Sakura terrace,Iidabashi Grand Bloom,2-10- ALOHA TABLE iidabashi restaurant Tokyo Chiyoda-ku 2,Fujimi,Chiyoda-ku The Peninsula Tokyo hotel Tokyo Chiyoda-ku 1-8-1 Yurakucho, Chiyoda-ku banquet kitchen The Peninsula Tokyo hotel Tokyo Chiyoda-ku 24th floor, The Peninsula Tokyo,1-8-1 Yurakucho, Chiyoda-ku Peter The Peninsula Tokyo hotel Tokyo Chiyoda-ku Boutique & Café First basement, The Peninsula Tokyo,1-8-1 Yurakucho, Chiyoda-ku The Peninsula Tokyo hotel Tokyo Chiyoda-ku Second floor, The Peninsula Tokyo,1-8-1 Yurakucho, Chiyoda-ku Hei Fung Terrace The Peninsula Tokyo hotel Tokyo Chiyoda-ku First floor, The Peninsula Tokyo,1-8-1 Yurakucho, Chiyoda-ku The Lobby 1-1-1,Uchisaiwai-cho,Chiyoda-ku TORAYA Imperial Hotel Store restaurant Tokyo Chiyoda-ku (Imperial Hotel of Tokyo,Main Building,Basement floor) mihashi First basement, First Avenu Tokyo Station,1-9-1 marunouchi, restaurant Tokyo Chiyoda-ku (First Avenu Tokyo Station Store) Chiyoda-ku PALACE HOTEL TOKYO(Hot hotel Tokyo Chiyoda-ku 1-1-1 Marunouchi, Chiyoda-ku Kitchen,Cold Kitchen) PALACE HOTEL TOKYO(Preparation) hotel Tokyo Chiyoda-ku 1-1-1 Marunouchi, Chiyoda-ku LE PORC DE VERSAILLES restaurant Tokyo Chiyoda-ku First~3rd floor, Florence Kudan, 1-2-7, Kudankita, Chiyoda-ku Kudanshita 8th floor, Yodobashi Akiba Building, 1-1, Kanda-hanaoka-cho, Grand Breton Café -
313@Somerset Bugis Junction ION Orchard Jem Marina Square
313@somerset #B2-38 to 41 & 47 to 49 Tel: 6634 5053 Bugis Junction #03-10F Tel: 6336 7885 ION Orchard #B4-16 Tel: 6509 9321 Jem #04-33 to 37 Tel: 6339 2558 Marina Square #02-326 to 330 Tel: 6336 6123 Paragon Orchard #04-36 to 40 Tel: 6735 0123 Tampines 1 #03-07 Tel: 6509 9733 www.muji.com/sg/ VivoCity #02-198 Tel: 6376 8023 www.facebook.com/muji.sg Changi Airport T2 #026-024-01, Departure Tel: 6546 6421 2015 © MUJI (Singapore) Pte. Ltd. All product and price information are correct as of print, and may be subject to changes. Any dimensions quoted are for guidance only. All products are subject to availability. Refer to in-store display for latest updated pricing. All Rights Reserved. Published November 2015. Catalogue is made in collaboration with Nylon Singapore. creative direction adele chan design aditia djayasudarma styling joanne cheah copy tami lai photography a pixels photography Gifting really doesn’t have to be limited to the festive season – we can think of business plenty of reasons to give someone some- publisher & chief executive officer denise tjokrosaputro 365 associate publisher kenath low thing nice, all 365 days of the year. account executive michelle ong JOYFUL MUJI believes in that as well, hence this gift- published by new media investments (asia) pte ltd ing catalogue is all about “365 Joyful Days”: a selection of gift sets from more than a contact hundred available in-store, so that you can 1008 toa payoh north DAYS #04-09/10/11 have the joy of giving, long after the Christ- singapore 318996 mas lights come down. -
Palm Name Tag.Pdf
Citibank Flexible Payment Plan Search by Name. Please click on the menu button to access the table of contents. Search Results : List by Name (A-E) AGi Technology Pte Ltd Tenure: 12-months Address: 109 North Bridge Road #03-18 Funan The IT Mall Singapore 179097 Tel: 6332 5809 Aibi Tenure: 12-months Address: 1 Park Road #01-186 People's Park Complex Singapore 059108 Tel: 6535 9505 Aibi Tenure: 12-months Address: 3 Temasek Boulevard #02-089 Suntec City Mall Singapore 038983 Tel: 6334 0322 Aibi Tenure: 12-months Address: 133 New Bridge Road #03-03/04 Chinatown Point Singapore 059413 Tel: 6534 0266 Aibi Tenure: 12-months Address: 80 Marine Parade Road #B1-106/107/108/108A Parkway Parade Singapore 449269 Tel: 6440 9989 Aibi Tenure: 12-months Address: 930 Yishun Avenue 2 #B2-14 Northpoint Singapore 769098 Tel: 6758 8211 Aibi Tenure: 12-months Address: 1 Woodlands Square #B1-34 Causeway PointSingapore 738099 Tel: 6894 5655 Aibi Tenure: 12-months Address: 200 Turf Club Road #01- 13 Turf City Singapore 287994 Tel: 6469 5123 Aibi Tenure: 12-months Address: 4 Jurong West Central 2 #B1-24 Jurong Point Singapore 648886 Tel: 6792 2833 Aibi Tenure: 12-months Address: 1 Maritime Centre #01- 01/02 HarbourFront CentreSingapore 099253 Tel: 6271 5655 Aibi Tenure: 12-months Address: 68 Orchard Road #03- 06 Plaza Singapura Singapore 238839 Tel: 6238 0002 Alessi Tenure: 12-months Address: 9 Penang Road #01- 01A Park Mall Singapore 238459 Tel: 6337 4013 All About Massage Urban Spa Retreat Tenure: 12-months Address: 442 Orchard Road #02- 12 Orchard Hotel Shopping -
Rev-Up @ Orchard 2010 17 – 26 September Ten Days of Celebratory Events Happening on Orchard Road During the Grand Prix Season Singapore (GPSS) 2010
Orchard Road Business Association – For Immediate Release MEDIA RELEASE Rev-Up @ Orchard 2010 17 – 26 September Ten days of celebratory events happening on Orchard Road during the Grand Prix Season Singapore (GPSS) 2010 Singapore, 31 August 2010 – Visitors to Singapore from 17 – 26 September 2010 can look forward to a host of celebratory events and activities on Orchard Road that promise to add to the adrenaline rush as the 2010 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX speeds into town. Along Orchard Road, quality lifestyle and entertainment events have been lined up by the Orchard Road Business Association and its members. Said Mrs Sng Ngoi May, Chairman of Orchard Road Business Association, ‘Orchard Road is a shopping haven and lifestyle destination rolled into one, attracting many visitors during the Grand Prix Season Singapore. To jointly celebrate the Grand Prix festivities, Orchard Road has lined-up nightly digital lights shows modelled after Nuit Blanche in Paris. Our shopping malls will also be coming together to reward shoppers with the opportunity to redeem limited edition Grand Prix Season Singapore 2010 gifts.’ Digital Nights @ Orchard - a unique visual art and new media show during GPSS Singapore’s most famous shopping strip will set the stage for the first edition of Digital Nights @ Orchard. From 17 - 26 September, internationally renowned artists like Bertrand Planes and Visual System will add a unique touch to this showcase of visual and digital arts at night, a first in the region. Starting from 7.30pm daily, Digital Nights @ Orchard will offer shoppers and visitors outdoor attractions combining new media and art at their best in Mandarin Gallery, TANGS, Paragon, and along the public walkways of Ngee Ann City. -
Spend S$150 and Above at Aeropostale Store to Purchase Aeropostale Perfume at S$19.90
AEROPOSTALE • Spend S$150 and above at Aeropostale store to purchase Aeropostale perfume at S$19.90 Valid from 1 May till 31 Jul 2014 Available at all Aeropostale retail shops • Citylink Mall • ION Orchard • Ngee Ann City • Bugis+ Mall AUDIO HOUSE • 59% OFF PHILIPS 46” 3D Ultra Slim Smart LED TV ( AMBILIGHT SERIES) @ only S$899 (U.P S$2,199) • Inclusive of 2 pairs of 3D glasses • Comes with FREE delivery and wall mounting installation • 3 years local warranty Valid from 1 May till 31 Jul 2014 • The Offer is inclusive of any other applicable taxes, surcharges or fees • Other terms and conditions apply. Available outlets: • Audio House Liang Court & Bendemeer 177 River Valley Road #04-01/15, Liang Court Shopping Centre • 72 Bendemeer Road #01-20/21/22 LUZERNE • Limited to 1 purchase per Cardholder CHALONE • Present your BOC Credit Cards and receive FREE S$10 Chalone Lingerie voucher & Bra Protective Hanger (no min. purchase required) One FREE gift per Cardholder • Offer is valid while stocks last • Terms and conditions on lingerie voucher applies • FREE set of assorted Chalone vouchers (worth S$70) with purchase of S$150 and above Valid from 1 May till 31 Jul 2014 • One FREE set of assorted vouchers per Cardholder • Offer is valid while stocks last • Terms and conditions on voucher applies CITIGEMS • Additional 10% OFF Valid from 1 May till 31 Jul 2014 • Applicable on all jewellery including selected discounted items except Rosella©, Best Buys, 999 Gold and standard chains DICKSON WATCH & JEWELLERY • Additional 15% OFF Baume & Mercier watches Valid from 1 May till 31 Jul 2014 Available outlets: Wisma Atria • Knightsbridge • FREE Dunhill Card Case with any purchase of Baume & Mercier watches Valid till 28 Feb 2015 • Offer is valid while stocks last • Dickson Watch & Jewellery reserves the right to change the gift item without prior notice Available at all Dickson Watch & Jewellery outlets CROCODILE • Additional 10% OFF sale items (min. -
List of Participating Employment Agencies Under Eldercarer FDW Scheme
List of participating employment agencies under Eldercarer FDW Scheme EA on the EA able to Advanced Provide Live- Contact Contact S/N Employment Agency (EA) Placement Branch Addresses Email Address In Nurse Person (s) Number(s) Scheme Caregivers (APS)? 1 1.Care Employment APS Yes 213 Jalan Besar #03- Ms Janice Tan/ 8448 0820 [email protected] Agency 00 Singapore 208897 Ms Mary Yeo / 8778 7002 2 21st Century Caregivers Non-APS Yes 304 Orchard Road Farah 6737 1277 [email protected] Pte Ltd #04-04 Lucky Plaza Singapore 238863 3 21st Century Employment Non-APS Yes 304 Orchard Road Amy Chia 6737 1022 [email protected] Pte Ltd #02-15 Lucky Plaza Singapore 238863 4 1 Assist Agency Non-APS No 170 Upper Bukit Dylan 6463 0419 [email protected] Timah Road #03-63K Bukit Timah Shopping Centre Singapore 588179 5 A4 Employment Agency APS No 170 Upper Bukit Ms Maureen / 6465 0014 [email protected] Timah Road, Mr George / Bukit Timah Shopping 6465 0054 Centre, #04-09, Singapore 588179. 6 AA Celest Employment Non-APS No 158 East Coast Road, Ms Tay Mei Mei 8798 3478 [email protected] Singapore 428866 7 Achieve Employment LLP APS No 545 Orchard Road Ms Lynn Ng 6733 6678/ [email protected] #06-02 Far East 8588 0371 Shopping Centre Singapore 238852 8 Active Global Specialised APS Yes 51 Goldhill Plaza #12- Mr Teo Koon 6536 0086 [email protected] Caregivers Pte Ltd 11 S308900 Cho 9 Anisya LLP Non-APS No 304 Orchard Road Kevin Teo NIL [email protected] #06-22 Singapore 238863 Updated as -
It's Not Just a Credit Card It's Reserving the Best For
L14457 88925 Gourmet 07 new 4/23/07 6:26 PM Page 6 It’s not just a credit card It’s reserving the best for you Composite L14457 88925 Gourmet 07 new 4/23/07 6:26 PM Page 2 Exclusive dining privileges await at nearly every turn! Now serving… It’s time to please your palate to the hilt with the long list of perks • Asian that Citibank has brought you! You can indulge in your love of good • Café & Delights food with some very exclusive privileges at a wide selection of dining • Chill-Out outlets in Singapore. In particular, you can enjoy the exclusivity of being the only cardmembers around to receive discounts at Jumbo • International Seafood Restaurant, Café Cartel, Fish&Co., Lerk Thai Restaurant, • Western the coffee connoisseur (tcc), Velvet and Wine Bar. Go on, plan your • Directory List meals with this discount and privileges directory now! Composite L14457 88925 Gourmet 07 new 4/23/07 6:26 PM Page 7 Ah Hoi's Kitchen Bayang (Balinese) • 15% off total à la carte • 10% off total bill food bill 3A Clarke Quay #01-05 Traders Hotel Singapore Poolside Tel: 6337 0144. Level 4 Tel: 6831 4373 Offer is valid from now till 31 August 2007. Al Hamra Lebanese & Beads Restaurant & Lounge Middle Eastern Cuisine • 20% off à la carte Thai buffet • 15% off à la carte food menu Grand Mercure Roxy Hotel, 23 Lorong Mambong, Holland Village Tel: 6464 8488 50 East Coast Road, Level 2 Tel : 6340 5678 Ambrosia Café Offer is valid from now till 31 March 2008. -
1 Coleman St; Unit 05-06A, the Adelphi, Singapore 179803, Singapore
1 Coleman St; Unit 05-06A, The Adelphi, Singapore 179803, Singapore View this office online at: https://www.newofficeasia.com/details/serviced-offices-1-coleman-st-unit-05- 06a-the-adelphi-singapore-179803 Move in immediately and get straight to work at this efficient business centre which offers a practical and productive working environment to help your business thrive. With 24-hour security personnel and a comprehensive entry system, you will be able to access this building day or night and feel completely at ease knowing that your business is protected. Offices are fully furnished and benefit from ergonomic furniture, ample storage space and high speed internet access which is complemented by experienced IT support staff. There is also a conference room available for entertaining clients and tenants will benefit from an on-site cash machine and parking facilities. Transport links Nearest tube: Esplanade Nearest road: Esplanade Nearest airport: Esplanade Key features 24 hour access 24-hour security Business park setting Car parking spaces Cash machine / ATM Close to railway station Company signage Conference rooms Environmentally sensitive (BREEAM/LEED certified) Furnished workspaces IT support available Modern interiors Office cleaning service Secure car parking Security system Virtual office available Location Perfectly placed in the heart of Singapore, this business centre belongs to an energetic and dynamic community that is brimming with opportunity. Enjoy close proximity to a wealth of shopping centres, restaurants, theatres and museums while also benefiting from short walking distance to the inspiring waterfront and Fort Canning Park. Esplanade MRT is just a 5 minute stroll away and the area is well-served by bus routes and major roads which provide superb connectivity with the rest of the city, including the ECP which connects to the international airport in less than 20 minutes. -
Seminar Japan Wholesale and Retail Landscape with Loic Bizel Monday 15/5 - 10.00AM-12.00PM @ TFC
LeBiz Tokyo _ Fashion Consulting _1 Seminar Japan Wholesale and Retail Landscape with Loic Bizel Monday 15/5 - 10.00AM-12.00PM @ TFC Introduction Loic Bizel Distribution channels Marketing Best practices (retail prices, distribution, marketing & PR, collaboration,…) Distribution and Retail Market Information Q&A session May 2017 [email protected] – Skype : loic_bizel - Tel. 81(0)90-3680-0836 – www.lebiz-consulting.com - www.fashioninjapan.com - www.tokyofashiontour.com LeBiz Tokyo _ Fashion Consulting _2 Distribution channels The main distribution channels for imported brands in Japan are department stores, select stores chainstores, specialty chainstores, E-commerce, shopping centers and fashion buildings, outlets malls and local independent retailers. Distribution Channel Key Players + - Isetan, Takashimaya, Hankyu, Mitsukoshi Medium volume, Brand oriented, High price Only few are fashion oriented, Mainly old Department Stores clients Beams, United Arrows, Ships, Baycrews, Image, Brand and trend oriented, High price Limited volume, Exclusive edition Select Shops Chainstores Urban Research ABC mart, Asbee (shoes), Sazaby, Tokyo Medium volume, Brand oriented, Medium price Exclusive edition, Medium retail presence Specialty Chainstores Delica (bags), Bals, Actus (home) Rakuten, Yahoo, Amazon, Locondo, High volume, Large offer, Fashion oriented Need to have importers to wholesale to them E-Commerce Magaseek, Zozo (Start Today) Marui, Lalaport, Lumine, Parco, Atre Medium volume, Mass retail presence, Fashion Medium price, Domestic brands Shopping Centers Local store Reach countryside clients Low volume, Medium price, Purchase through Independent Retailers wholesale Don Quichote, Jean’s mate, ABC mart High volume, Mass retail presence Low image, Low price, Discount Discount Chainstores Aeon, Itoyokado, Daiei High volume, Mass retail presence Low price, Not fashionable, Made in China GMS Each distribution channels has its own structure to import brands. -
Knight Frank Private Treaty Listings for December 2017
Auction Private Treaty. DECEMBER 2017: RESIDENTIAL Salespersons to contact: Tricia Tan, CEA R021904I, 6228 7349 / 9387 9668 Gwen Lim, CEA R027862B, 6228 7331 / 9199 2377 Sharon Lee, CEA R027845B, 6228 6891 / 9686 4449 Teddy Ng, CEA R006630G, 6228 7326 / 9030 4603 Noelle Tan, CEA R047713G, 6228 7380 / 9766 7797 April Chua, Admin Support, 6228 7302 Website : http://www.knightfrank.com.sg/auction Email : [email protected] LANDED PROPERTIES FOR SALE * Owner *** Public Trustee @ Liquidator % Receiver's Sale # Mortgagee's ***Estate's Sale ##Developer's Land/Built Contact S/no District Street Name Tenure Property Type Rooms Guide Price Remarks Area (sqft) Person 2 storey Sharon MORTGAGEE SALE detached 16,327sf # 1 D10 5 BELMONT ROAD FH $2x M / Noelle / Good condition.Walking distance to bungalow plus /11502sf Teddy Holland village MRT/Holland village. pool Brand new 2 sty DEVELOPER SALE ## 2 D11 Berrima Road FH detached with 1 $12.8 M Sharon Brand new 5 bedroom with lift and pool basement & pool ,near stevens MRT, SCGS Single storey OWNER SALE * 3 D11 RAFFLES PARK FH 4 10,000 $15 M Sharon detached house Tenanted for 2 years till Dec 2019 MORTGAGEE SALE 99 wef Brand new 4brm townhouse with direct # 4 D14 252 Jalan Eunos EuHabitat Townhouse 4 3,380 $3.15M Noelle 2010 pool access, private parkiing space at basement & roof terrace with jacuzzi. MORTGAGEE SALE 99 wef Brand new 4brm townhouse with direct # 5 D14 274 Jalan Eunos Euhabitat Townhouse 4 3,380 $3.28M Noelle 2010 pool access, private parkiing space at basement & roof terrace with jacuzzi. -
Annex a Open Clusters
Annex A Open Clusters Epidemiological investigations and contact tracing have uncovered links between cases. i. 6 of the confirmed cases (Cases 63131, 63184, 63185, 63186, 63187 and 63188) are linked to the Case 63131 cluster, with the most recent cases (Cases 63184, 63185, 63186, 63187 and 63188) linked to the cluster on 13 May. Case 63131 is a 50 year-old female Singaporean who works as a tutor at Learning Point. She was confirmed to have COVID-19 infection on 12 May. Cases 63184, 63185, 63186, 63187 and 63188 are students at Learning Point. ii. 3 of the confirmed cases (Cases 63096, 63122 and 63221) are linked to the Case 63096 cluster, with the most recent case (Case 63221) linked to the cluster on 14 May. Case 63096 is a 33 year-old male Philippines national who works as an operating theatre nurse at Sengkang General Hospital. He was confirmed to have COVID-19 infection on 11 May. Cases 63122 and 63221 are household contacts of Case 63096. iii. 59 of the confirmed cases (Cases 62873, 62940, 62941, 62942, 62945, 62971, 62972, 63005, 63015, 63026, 63047, 63055, 63059, 63060, 63061, 63070, 63071, 63072, 63074, 63084, 63091, 63094, 63095, 63097, 63098, 63100, 63109, 63115, 63117, 63118, 63119, 63125, 63126, 63128, 63129, 63132, 63135, 63136, 63138, 63139, 63140, 63141, 63146, 63148, 63149, 63150, 63165, 63167, 63169, 63177, 63178, 63179, 63180, 63181, 63191, 63192, 63194, 63195 and 63219) are linked to the Case 62873 cluster, with the most recent cases (Case 63177) linked to the cluster on 12 May, Cases 63165, 63167, 63169, 63178, 63179, 63180, 63181, 63191, 63194 and 63195 linked to the cluster on 13 May, and Cases 63192 and 63219 linked to the cluster on 14 May.