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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. -
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. -
Crafting Distinction
Perennial Real Estate Holdings Limited Estate Holdings Real Perennial 精 益 求 铸 精 就 卓 越 Annual Report 2019 Perennial Real Estate Holdings Limited 8 Shenton Way #36-01, AXA Tower Refining Strategy Singapore 068811 Tel : (65) 6602 6800 Fax : (65) 6602 6801 Crafting Distinction [email protected] PERENNIAL REAL ESTATE HOLDINGS LIMITED www.perennialrealestate.com.sg Annual Report 2019 CONTENTS CORPORATE INFORMATION OVERVIEW BOARD OF DIRECTORS INDEPENDENT AUDITOR Corporate Profile 02 Other Markets 74 Mr Kuok Khoon Hong KPMG LLP Financial Highlights 03 The Light City, Penang, Malaysia 77 Chairman, Non-Independent Non-Executive Director Public Accountants and Chartered Accountants Chairman’s Statement (English) 06 Other Markets Portfolio at a Glance 78 16 Raffles Quay Chairman’s Statement (Chinese) 07 Mr Ron Sim #22-00 Hong Leong Building CEO’s Statement (English) 08 BUSINESS REVIEW – Vice-Chairman, Non-Independent Non-Executive Director Singapore 048581 CEO’s Statement (Chinese) 12 HEALTHCARE BUSINESS Our Presence 16 Mr Eugene Paul Lai Chin Look Audit Partner-in-Charge: Ms Karen Lee Shu Pei China 80 Our Milestones 18 Lead Independent Non-Executive Director (Appointed since 27 October 2014) Hospitals and Medical Centres 85 Our Business Model 20 Eldercare and Senior Housing 86 Our Integrated Strategy 22 Healthcare Portfolio at a Glance 88 Mr Ooi Eng Peng Board of Directors 24 Independent Non-Executive Director SHARE REGISTRAR Management Team 28 SUSTAINABILITY Mr Lee Suan Hiang Boardroom Corporate & Advisory Services Pte Ltd PERFORMANCE -
By Shop Name)
Optical Services Survey There are many common eye conditions which could lead to permanent blindness. Most of these conditions do not show any symptoms. Hence, early detection and diagnosis are crucial to maintaining your vision. The Optometrists and Opticians Board has conducted a survey with local optical outlets to collate information on the various optical services provided at their outlets. In addition to the more common optical services available, the information includes the provision of four other useful screening tools used at the optical outlets. You may refer to the respective outlets for the required optical services. *Disclaimer: The information is provided by the respective optical practices and the optical practices shall be fully responsible for the accuracy of the information provided. Information on general uses of optical equipment 1. Subjective Refraction: it is a type of visual test carried out to determine the degree of one’s short- sightedness or long-sightedness. Any patient who is undergoing subjective refraction will normally be presented with test lenses of different optical powers or focal lengths before being prescribed the most suitable lenses. 2. Fundus photography: it is an advanced digital retina photography capturing an image of the back of the eye. It is often used to inspect anomalies and to monitor progression of eye diseases such as macular degeneration, retina neoplasms, choroid disturbances and diabetic retinopathy. 3. Non-contact Tonometer (NCT): it is a diagnostic tool to measure the intraocular pressure (IOP) inside a patient’s eyes to determine patient’s risk for developing glaucoma, a disease that causes blindness by damaging the nerve in the back of the eye. -
Acquisition of 100% Stake in Food Junction Group of Companies
Investor Presentation Acquisition of 100% Stake in Food Junction Group of Companies 2 September 2019 Acquisition of 100% Stake in Food Junction (“FJ”) Group . Transaction Summary . Food Junction Business Overview . Appendix – List of Food Republic Food Courts in Singapore and Malaysia 1 Acquisition of 100% Stake in FJ Group TRANSACTION SUMMARY Acquisition BreadTalk Auric Pacific Structure Group Limited (“BTG”) Group Limited Singapore Singapore 100% 98.10% Topwin Investment Food Junction Holding Pte Ltd Holdings Ltd Singapore Singapore 100% Acquisition of 100% Stake Food Junction Management (“FJM”) Pte Ltd Singapore 100% 100% Food Junction T&W Food Singapore (“FJS”) Junction (“T&W”) Pte Ltd Sdn Bhd Singapore Malaysia Acquisition . Enterprise Value S$ 80 million. Terms . Funded by approximately 60% borrowings and 40% cash. 2 Acquisition of 100% Stake in FJ Group FJ BUSINESS OVERVIEW Singapore FJ operates 12 food courts and its direct operated stores across Singapore, including the newly opened Five Spice Food Court at Jewel Changi Airport. Lot One Shoppers’ Mall Junction 8 Nex Serangoon Jewel Changi Airport Food Junction Food Court LocationsList of Food Junction Food Courts 1. Bugis Junction 2. Century Square 3. Great World City 4. Harbourfront Centre 5. Junction 8 6. Lot One Shoppers’ Mall 7. Nex Serangoon 8. One Raffles Place 9. Raffles City 10. Rivervale Mall 11. United Square 12. Jewel Changi Airport Source: Google Maps, Food Junction Website 3 Acquisition of 100% Stake in FJ Group FJ BUSINESS OVERVIEW Malaysia FJ operates a total of 3 food courts and its direct operated stores in Kuala Lumpur, Malaysia. The 4th food court is scheduled to open in 2020 at The Mall, Mid Valley Southkey in Johor Bahru, Malaysia. -
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. -
Participating Merchants
PARTICIPATING MERCHANTS PARTICIPATING POSTAL ADDRESS MERCHANTS CODE 460 ALEXANDRA ROAD, #01-17 AND #01-20 119963 53 ANG MO KIO AVENUE 3, #01-40 AMK HUB 569933 241/243 VICTORIA STREET, BUGIS VILLAGE 188030 BUKIT PANJANG PLAZA, #01-28 1 JELEBU ROAD 677743 175 BENCOOLEN STREET, #01-01 BURLINGTON SQUARE 189649 THE CENTRAL 6 EU TONG SEN STREET, #01-23 TO 26 059817 2 CHANGI BUSINESS PARK AVENUE 1, #01-05 486015 1 SENG KANG SQUARE, #B1-14/14A COMPASS ONE 545078 FAIRPRICE HUB 1 JOO KOON CIRCLE, #01-51 629117 FUCHUN COMMUNITY CLUB, #01-01 NO 1 WOODLANDS STREET 31 738581 11 BEDOK NORTH STREET 1, #01-33 469662 4 HILLVIEW RISE, #01-06 #01-07 HILLV2 667979 INCOME AT RAFFLES 16 COLLYER QUAY, #01-01/02 049318 2 JURONG EAST STREET 21, #01-51 609601 50 JURONG GATEWAY ROAD JEM, #B1-02 608549 78 AIRPORT BOULEVARD, #B2-235-236 JEWEL CHANGI AIRPORT 819666 63 JURONG WEST CENTRAL 3, #B1-54/55 JURONG POINT SHOPPING CENTRE 648331 KALLANG LEISURE PARK 5 STADIUM WALK, #01-43 397693 216 ANG MO KIO AVE 4, #01-01 569897 1 LOWER KENT RIDGE ROAD, #03-11 ONE KENT RIDGE 119082 BLK 809 FRENCH ROAD, #01-31 KITCHENER COMPLEX 200809 Burger King BLK 258 PASIR RIS STREET 21, #01-23 510258 8A MARINA BOULEVARD, #B2-03 MARINA BAY LINK MALL 018984 BLK 4 WOODLANDS STREET 12, #02-01 738623 23 SERANGOON CENTRAL NEX, #B1-30/31 556083 80 MARINE PARADE ROAD, #01-11 PARKWAY PARADE 449269 120 PASIR RIS CENTRAL, #01-11 PASIR RIS SPORTS CENTRE 519640 60 PAYA LEBAR ROAD, #01-40/41/42/43 409051 PLAZA SINGAPURA 68 ORCHARD ROAD, #B1-11 238839 33 SENGKANG WEST AVENUE, #01-09/10/11/12/13/14 THE -
Annex a Summary of Local COVID-19 Situation
Annex A Summary of Local COVID-19 Situation Figure 1: 7 Day Moving Average Number of Community Unlinked and Linked Cases1 Figure 2: Number of Community Unlinked Cases, and Linked Cases by Already Quarantined/ Detected through Surveillance1 1 Incorporates re-classifications of earlier reported cases. 1 Figure 3: Number of Active Cases in Intensive Care Unit or Requiring Oxygen Supplementation Figure 4: Breakdown of Local Cases Since 28 April by Vaccination Status and Severity of Condition2 2 Fully vaccinated – more than 14 days after completing vaccination regimen. Partially vaccinated – received 1 dose only of 2-dose vaccine or COVID-19 positive within 14 days of completing vaccination regimen. 2 Annex B Open Clusters Epidemiological investigations and contact tracing have uncovered links between cases. i. 73 of the confirmed cases (Cases 64132, 64158, 64187, 64193, 64195, 64196, 64199, 64201, 64202, 64204, 64205, 64212, 64213, 64216, 64217, 64218, 64221, 64223, 64224, 64225, 64226, 64229, 64231, 64232, 64234, 64239, 64240, 64241, 64242, 64243, 64244, 64246, 64248, 64252, 64257, 64258, 64260, 64261, 64262, 64266, 64267, 64269, 64270, 64271, 64272, 64273, 64274, 64278, 64279, 64280, 64281, 64283, 64284, 64285, 64288, 64296, 64298, 64299, 64300, 64303, 64304, 64305, 64307, 64315, 64316, 64319, 64321, 64322, 64329, 64334, 64348, 64350 and 64351) are linked to the 115 Bukit Merah View Market & Food Centre cluster with the most recent cases (Case 64348) linked to the cluster on 19 June, and Cases 64350 and 64351 linked to the cluster on 20 June. Case 64132 is a 74 year-old male Singaporean who works at a sundry store at 115 Bukit Merah View Market & Food Centre. -
Penang Rd Somerset Rd
Stevens Rd Draycott Dr OR1 : 24 Lampposts (48 banner spaces) Claymore Hill OR2 : 29 Lampposts (54 banner spaces) Goodwood No banner are allowed on LP# 41 as has no existing bar Park Hotel No banner are allowed on LP#20 (Obstructed by tree) American LP#20 (one banner space) Orange Grove Rd Club Scotts Road OR3 : 28 Lampposts (52 banner spaces) 29 30 No banner are allowed on LP#40 27 28 LP#32 and 9 (one banner space) T Galleria by 25 DFS Singapore 26 23 OR4 : 24 Lampposts (46 banner spaces) 24 Far East Plaza Del Orchard 21 LP#3 and 5 (one banner space) 19 Scotts Road 2 1 Orchard 22 3 Royal Plaza N 4 Towers assi Orchard Rd5 m Rd 6 7 20 MAD Museum 1 9 Tanglin Rd 2 9 Claymore Rd of Art & Design 8 3 4 Claymore Hill Grand Hyatt 5 6 11 Palais 10 13 Renaissance Mall Singapore 7 8 15 12 Orchard 11 Seton Cl Parade 10 17 Royal Thai 9 19 14 Hotel 12 Embassy 9 11 Cuscaded Rd Orchard Rd 21 16 Forum 14 23 Scotts 13 16 7 12 Nassim Hill 25 18 Tanglin Shopping International Square 18 27 Building 15 Hilton Singapore 10 20 Tanglin Road Centre 20 29 Shaw House St Martin’s Dr 17 22 31 22 8 Myanmar 24 33 Embassy 24 19 Cuscaden Rd Far East 26 Post Oce Shopping 35 26 28 Napier Rd Tanglin 21 Center 37 30 28 30 34 32 39 40 36 23 32 Orchard Rd 38 Tang Plaza Tanglin Road 25 The St Regis 34 29 27 36 33 31 Singapore 41 35 Tomlinson 38 37 Wheelock Place Tudor Court Angullia Park 40 41 39 43 Tanglin Mall Liat Towers 45 42 ad Orchard 44 o R Paterson Rd MRT 46 n Grange Rd li g n a T Orchard Blvd Cuscaden Road ION Orchard Singapore Tourism Board LEGEND : One Sided Decorative -
List-Of-Bin-Locations-1-1.Pdf
List of publicly accessible locations where E-Bins are deployed* *This is a working list, more locations will be added every week* Name Location Type of Bin Placed Ace The Place CC • 120 Woodlands Ave 1 3-in-1 Bin (ICT, Bulb, Battery) Apple • 2 Bayfront Avenue, B2-06, MBS • 270 Orchard Rd Battery and Bulb Bin • 78 Airport Blvd, Jewel Airport Ang Mo Kio CC • Ang Mo Kio Avenue 1 3-in-1 Bin (ICT, Bulb, Battery) Best Denki • 1 Harbourfront Walk, Vivocity, #2-07 • 3155 Commonwealth Avenue West, The Clementi Mall, #04- 46/47/48/49 • 68 Orchard Road, Plaza Singapura, #3-39 • 2 Jurong East Street 21, IMM, #3-33 • 63 Jurong West Central 3, Jurong Point, #B1-92 • 109 North Bridge Road, Funan, #3-16 3-in-1 Bin • 1 Kim Seng Promenade, Great World City, #07-01 (ICT, Bulb, Battery) • 391A Orchard Road, Ngee Ann City Tower A • 9 Bishan Place, Junction 8 Shopping Centre, #03-02 • 17 Petir Road, Hillion Mall, #B1-65 • 83 Punggol Central, Waterway Point • 311 New Upper Changi Road, Bedok Mall • 80 Marine Parade Road #03 - 29 / 30 Parkway Parade Complex Bugis Junction • 230 Victoria Street 3-in-1 Bin Towers (ICT, Bulb, Battery) Bukit Merah CC • 4000 Jalan Bukit Merah 3-in-1 Bin (ICT, Bulb, Battery) Bukit Panjang CC • 8 Pending Rd 3-in-1 Bin (ICT, Bulb, Battery) Bukit Timah Plaza • 1 Jalan Anak Bukit 3-in-1 Bin (ICT, Bulb, Battery) Cash Converters • 135 Jurong Gateway Road • 510 Tampines Central 1 3-in-1 Bin • Lor 4 Toa Payoh, Blk 192, #01-674 (ICT, Bulb, Battery) • Ang Mo Kio Ave 8, Blk 710A, #01-2625 Causeway Point • 1 Woodlands Square 3-in-1 Bin (ICT, -
Participating Merchants Address Postal Code Club21 3.1 Phillip Lim 581 Orchard Road, Hilton Hotel 238883 A|X Armani Exchange
Participating Merchants Address Postal Code Club21 3.1 Phillip Lim 581 Orchard Road, Hilton Hotel 238883 A|X Armani Exchange 2 Orchard Turn, B1-03 ION Orchard 238801 391 Orchard Road, #B1-03/04 Ngee Ann City 238872 290 Orchard Rd, 02-13/14-16 Paragon #02-17/19 238859 2 Bayfront Avenue, B2-15/16/16A The Shoppes at Marina Bay Sands 018972 Armani Junior 2 Bayfront Avenue, B1-62 018972 Bao Bao Issey Miyake 2 Orchard Turn, ION Orchard #03-24 238801 Bonpoint 583 Orchard Road, #02-11/12/13 Forum The Shopping Mall 238884 2 Bayfront Avenue, B1-61 018972 CK Calvin Klein 2 Orchard Turn, 03-09 ION Orchard 238801 290 Orchard Road, 02-33/34 Paragon 238859 2 Bayfront Avenue, 01-17A 018972 Club21 581 Orchard Road, Hilton Hotel 238883 Club21 Men 581 Orchard Road, Hilton Hotel 238883 Club21 X Play Comme 2 Bayfront Avenue, #B1-68 The Shoppes At Marina Bay Sands 018972 Des Garscons 2 Orchard Turn, #03-10 ION Orchard 238801 Comme Des Garcons 6B Orange Grove Road, Level 1 Como House 258332 Pocket Commes des Garcons 581 Orchard Road, Hilton Hotel 238883 DKNY 290 Orchard Rd, 02-43 Paragon 238859 2 Orchard Turn, B1-03 ION Orchard 238801 Dries Van Noten 581 Orchard Road, Hilton Hotel 238883 Emporio Armani 290 Orchard Road, 01-23/24 Paragon 238859 2 Bayfront Avenue, 01-16 The Shoppes at Marina Bay Sands 018972 Giorgio Armani 2 Bayfront Avenue, B1-76/77 The Shoppes at Marina Bay Sands 018972 581 Orchard Road, Hilton Hotel 238883 Issey Miyake 581 Orchard Road, Hilton Hotel 238883 Marni 581 Orchard Road, Hilton Hotel 238883 Mulberry 2 Bayfront Avenue, 01-41/42 018972