DOCSLIB.ORG

Insight & Foresight

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Insight & Foresight Insight & Foresight CapitaLand Limited Annual Report 2013 Insight & Foresight CapitaLand is a leader in the real estate industry in Asia. It leverages growth opportunities driven by consumption and urbanisation. Its consolidated structure and core competencies allow the Group to focus on integrated, mixed-use opportunities and build scale across its six city clusters in the core markets of Singapore and China. Deep knowledge and experience give CapitaLand the insight and foresight to fine-tune operational excellence while its leading position provides the clearest possible perspective on future drivers of growth opportunities. ), CapitaLand ‘Building People’ Photography Competition Photography 2011. ), CapitaLand People’ ‘Building Clarity Clarity enables us to enhance organisational performance through operational excellence and eff iciencies. Ng Soon Thong (Singapore Cover photo courtesy of David Corporate Profile 2 Contents Financial Highlights FY 2013 3 Letter to Shareholders 4 Managing Sustainability 13 Year in Brief 14 Awards & Accolades 16 Corporate Governance & Transparency Board of Directors 20 Senior Management 28 Corporate Governance Report 33 Enterprise Risk Management 61 Stakeholder Communication 64 Corporate Directory 68 Financial Calendar 69 Sustainability Business Environment, Health and Safety 70 Review People 72 Global Presence 76 Community 74 Performance Overview 77 Group Businesses 90 CapitaLand Singapore 92 CapitaLand China 94 CapitaMalls Asia 96 Ascott 98 Regional Investments 100 Financial Products & Services 103 Portfolio Details Mixed-use Developments 106 Residential 107 Commercial 112 Shopping Malls 113 Serviced Residences 118 5-Year Financial Summary 123 Share Price Performance 124 Appendix Statutory Accounts 125 Economic Value Added Statements 248 Value Added Statements 249 Supplemental Information 250 Shareholding Statistics 251 Notice of Annual General Meeting 252 Proxy Form 257 1 Corporate Profile CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the company’s businesses in real estate and real estate fund management are focused on its core markets of Singapore and China. The company’s diversified real estate portfolio primarily includes homes, offices, shopping malls, serviced residences and mixed-use developments. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand leverages its significant asset base, real estate domain knowledge, product design and development capabilities, active capital management strategies and extensive market network to develop real estate products and services in its markets. The listed entities of the CapitaLand Group include CapitaMalls Asia, Ascott Residence Trust, CapitaCommercial Trust, CapitaMall Trust, CapitaMalls Malaysia Trust, CapitaRetail China Trust and Australand. Mission & Vision Core Values To build a world-class company, with an • Our people are our strength. international presence and a strong global We build people to build for people. network, that is managed by people whose core values are respected by the business • We are committed to the highest and social community to: standards of integrity. • Create sustainable shareholder value • We have the courage to do what is right and the will to succeed. • Deliver quality products and services • We add value to what we do through • Attract and develop quality human capital innovation and continuous improvement. • We are fair and reasonable in all our actions and dealings with business partners, customers and colleagues. • We contribute to the well-being of the community. 2 Clarity CapitaLand Limited Annual Report 2013 Financial Highlights FY 2013 Profit Attributable Operating to Shareholders PATMI S$849.8m S$527.7m Return on Dividend Sharholders’ Funds per share 5.5% 8cents Group Managed Revenue Under Real Estate Assets Management S$64.64b S$10.03b Group Assets Group EBIT S$32.92b1 S$1.80b 83% of Group’s assets 88% of Group’s EBIT in Singapore from Singapore and China and China Singapore 38% Singapore 47% China* 45% China* 41% Others** 17% Others** 12% 1 Excludes treasury cash * China includes Hong Kong * China includes Hong Kong ** Others include Australia, Europe and ** Others include Australia, Europe and Other Asia Other Asia 3 Letter to Shareholders CapitaLand is cautiously optimistic for 2014 as the global economy continues its recovery. The Group completed its strategic review in 2013 and will now build on its various growth platforms already in place while exploring new opportunities. CapitaLand will continue to deepen its presence in the two core markets of Singapore and China, as well as entrench its leadership position in integrated or mixed-use developments in line with its core competencies and macro trends in Asia. (Left) Lim Ming Yan, President & Group CEO | (Right) Ng Kee Choe, Chairman 4 Clarity CapitaLand Limited Annual Report 2013 DEAR SHAREHOLDERS, loss on divestment of 20% stake in Australand and In 2013, following a strategic higher impairment costs. review, CapitaLand was reorganised and streamlined into FOCUS ON CORE MARKETS four business units – CapitaLand OF SINGAPORE AND CHINA Singapore, CapitaLand China, For the core markets of Singapore CapitaMalls Asia Limited (CMA) and China, CapitaLand further and The Ascott Limited (Ascott). sharpened its focus on the S$3.98b CapitaLand Singapore and six clusters, namely, Singapore, Group Revenue CapitaLand China concentrate Beijing-Tianjin, Shanghai- in the residential, office and Hangzhou-Suzhou-Ningbo, For the year ended integrated or mixed-use Guangzhou-Shenzhen, 31 December 2013, the development businesses, while Chengdu-Chongqing, and Wuhan. Group posted revenue of S$3.98 billion, EBIT of CMA and Ascott continue their The sharpened focus allows the S$1.80 billion, and a 43% focus in the shopping mall and Group to take advantage of Asia’s increase in operating serviced residence businesses growth, urbanisation and consumer PATMI to S$527.7 million respectively. As part of the demand trends. streamlining, a common Chinese name, , was adopted In 2013, CapitaLand invested in both Singapore and China for a total of S$3.70 billion in new greater clarity and consistency. projects, with about 90% of the investments in Singapore and The streamlined organisation China. Its businesses in the allows the Group to sharpen its two core markets of Singapore focus, and better leverage and and China accounted for 83% harness synergies across the of the Group’s total assets four core business units; achieve (excluding treasury cash). greater economies of scale and China, with one of the highest enhance its competitive advantage rates of economic growth globally, in integrated and mixed-use is the Group’s largest market development projects, and deepen with assets amounting to its leading positions in shopping S$14.91 billion or 45% of Group’s malls and serviced residences. total assets, as at 31 December 2013. Assets in the Singapore In the next three to five years, portfolio stood at S$12.52 billion CapitaLand aims to deliver a or 38% of the Group’s total assets. sustainable return on equity (ROE) S$3.70b in excess of 8%. WELL-DIVERSIFIED PROPERTY New Investments ASSET PORTFOLIOS KEY FINANCIAL HIGHLIGHTS The property asset portfolios In 2013, CapitaLand For the year ended 31 December in Singapore and China are invested a total of 2013, the Group posted revenue well-diversified. In Singapore, S$3.70 billion in new of S$3.98 billion, earnings before residential, commercial (which projects, with about interest and taxes (EBIT) of includes mixed-use developments), 90% of the investments S$1.80 billion, and a 43% increase shopping malls and serviced in Singapore and China in operating net profit after tax residences make up 32%, 18%, and minority interest (PATMI) to 42%, and 7% of the portfolio S$527.7 million from 2012. PATMI respectively. In China, the of S$849.8 million was however residential, commercial, lower compared to 2012, due shopping malls and serviced mainly to a one-time accounting residences comprise 34%, 27%, 5 Letter to Shareholders 32%, and 6% of the portfolio on integrated or mixed-use respectively. Singapore remains developments. In Singapore, as CapitaLand’s most profitable new mixed-use developments market in 2013, accounting for include Westgate which consists 47% of Group EBIT, while China of the Westgate office tower and contributed 41%. shopping mall, and Bedok Mall and Bedok Residences. In China, CapitaLand is positive about the eight Raffles City projects the long-term prospects of its are a testament to CapitaLand’s two core markets of Singapore leading position in integrated and China, both of which have developments, four of which are strong economic fundamentals operational, namely, Raffles City Singapore remains and healthy consumer demand. Shanghai, Raffles City Beijing, as CapitaLand’s most To further enhance value from Raffles City Chengdu and Raffles profitable market in 2013, accounting these two core markets, the City Ningbo. Four more Raffles City for 47% of Group Group has deepened its expertise projects in Hangzhou, Changning, EBIT, while China across the entire real estate Shenzhen and Chongqing are contributed 41% value chain spanning from land slated to open from 2015 to 2018. acquisition, development and operation to capital management. In June 2013, CapitaLand China acquired a 70% stake in a new EMPHASIS ON INTEGRATED mixed-use development site OR MIXED-USE DEVELOPMENTS with a total GFA of
Load more

Recommended publications
  • From Lille-Flandres to Lille-Europe —The Evolution of a Railway Station Corinne Tiry
    Feature From Lille-Flandres to Lille-Europe From Lille-Flandres to Lille-Europe —The Evolution of a Railway Station Corinne Tiry Since the mid-19th century, European Council, the Northern Railway Company economic arguments finally prevailed and cities evolved around the railway station established in 1845 by the Rothschild a good compromise was adopted—two as a central pivot where goods and people family, the French government and some stations would be built, a terminal inside converge. This is still true today when of Lille's most prominent citizens. These the city walls for passengers traffic, and a railway stations take on a new role as controversies also stimulated nearby urban through terminal outside for goods traffic. urban hubs in the European high-speed projects. Construction of the passenger terminal train network. Lille in northern France, started in 1845, and lasted 3 years. which has two stations from different The Railway Station Enters However, the builders underestimated the railway periods—Lille-Flandres and Lille- the City scale of both passenger and freight traffic Europe, is a good example illustrating this and the capacity was soon saturated. To quasi-continuous past and present urban In the 19th century, the railway station solve this new problem, an Imperial ambitions. became a new gateway to the city, Decree in 1861 allowed the Northern Lille is a city of 170,000 adjacent to the disrupting both the city walls' protective Railway Company to start construction of French-Belgian border. It is at the economic function, as well as the urban layout. The a marshalling yard—called Saint-Sauveur heart of the Lille-Roubaix-Tourcoing- original controversy in Lille emerged from station—south of the main passenger Villeneuve d'Ascq conurbation of 1.2 this duality and a station inside the city station, at the junction of the old city and million people, ranking (excepting Paris) was strongly opposed by the military.
    [Show full text]
  • Positive Sentiment Spills Over to Iskandar
    PROPERTY PERSONALISED MCI (P) 136/08/2017 PPS 1519/09/2012 (022805) Visit EdgeProp.sg to ˎ nd properties, research market trends and read the latest news The week of February 26, 2018 | ISSUE 819-40 Industry Watch Spotlight Done Deals Gains and Losses Implications of the House saved from Richmond Park prices Unit at D’Chateau @ increase in buyer’s swindler-tour guide on return to pre-2013 levels Shelford suffers loss stamp duty the market from $35 mil of above $2,600 psf of $1.22 mil EP4 EP5 EP10 EP13 PACIFIC STAR DEVELOPMENT Positive sentiment spills over to Iskandar Singapore-listed Pacifi c Star Development to launch the remaining phases at its fl agship development, Puteri Cove Residences and Quayside in Puteri Harbour. See our Cover Story on Pages 8 and 9. EP2 • EDGEPROP | FEBRUARY 26, 2018 PROPERTY BRIEFS CUSHMAN & WAKEFIELD EDITORIAL Budget 2018: Proximity Housing Grant EDITOR | revised, could boost HDB resale demand Cecilia Chow With effect from Feb 19, the Proximity Housing Grant HEAD OF RESEARCH | (PHG) for Singapore citizens who buy an HDB resale Feily Sofi an flat to live with their parents or children has been re- DEPUTY EDITOR | Lin Zhiqin WRITERS | Angela Teo, Timothy Tay vised from $20,000 to $30,000, said Finance Minister DIGITAL WRITER | Fiona Ho Heng Swee Keat in his Budget 2018 speech. For families buying a resale flat to live near their COPY-EDITING DESK | Elaine Lim, Evelyn Tung, parents or children, the PHG remains unchanged at Chew Ru Ju, Shanthi Murugiah $20,000. PHOTO EDITOR | Singles aged 35 years and above who buy a resale Samuel Isaac Chua flat to live with their parents can now receive a PHG of PHOTOGRAPHER | Albert Chua EDITORIAL COORDINATOR | $15,000, up from $10,000 previously.
    [Show full text]
  • Rem Koolhaas: an Architecture of Innovation Daniel Fox
    Lehigh University Lehigh Preserve Volume 16 - 2008 Lehigh Review 2008 Rem Koolhaas: An Architecture of Innovation Daniel Fox Follow this and additional works at: http://preserve.lehigh.edu/cas-lehighreview-vol-16 Recommended Citation Fox, Daniel, "Rem Koolhaas: An Architecture of Innovation" (2008). Volume 16 - 2008. Paper 8. http://preserve.lehigh.edu/cas-lehighreview-vol-16/8 This Article is brought to you for free and open access by the Lehigh Review at Lehigh Preserve. It has been accepted for inclusion in Volume 16 - 2008 by an authorized administrator of Lehigh Preserve. For more information, please contact [email protected]. Rem Koolhaas: An Architecture of Innovation by Daniel Fox 22 he three Master Builders (as author Peter Blake refers to them) – Le Corbusier, Mies van der Rohe, and Frank Lloyd Wright – each Drown Hall (1908) had a considerable impact on the architec- In 1918, a severe outbreak ture of the twentieth century. These men of Spanish Influenza caused T Drown Hall to be taken over demonstrated innovation, adherence distinct effect on the human condi- by the army (they had been to principle, and a great respect for tion. It is Koolhaas’ focus on layering using Lehigh’s labs for architecture in their own distinc- programmatic elements that leads research during WWI) and tive ways. Although many other an environment of interaction (with turned into a hospital for Le- architects did indeed make a splash other individuals, the architecture, high students after St. Luke’s during the past one hundred years, and the exterior environment) which became overcrowded. Four the Master Builders not only had a transcends the eclectic creations students died while battling great impact on the architecture of of a man who seems to have been the century but also on the archi- influenced by each of the Master the flu in Drown.
    [Show full text]
  • Presentation *October 2007* Agenda
    CapitaLandCapitaLand 3Q3Q 20072007 ResultsResults October 2007 Disclaimer These slides may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward- looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other companies and venues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward looking statements, which are based on current view of management on future events. 1 CapitaLand Presentation *October 2007* Agenda 1. Highlights 2. Financial Review 3. Business Update i. Residential ii. Commercial iii. Retail iv. Financial Services 4. Analysis 2 CapitaLand Presentation *October 2007* Highlights 3 CapitaLand Presentation *October 2007* 9 Months to Sept 2007 – Sterling Results ● Strong PATMI of S$2.1 billion, up 272.8% ― Excluding unrealised revaluation gains, PATMI up 156.5% to S$1.4 billion ● Singapore EBIT (ex revaluations) up 136.9%
    [Show full text]
  • Six Canonical Projects by Rem Koolhaas
    5 Six Canonical Projects by Rem Koolhaas has been part of the international avant-garde since the nineteen-seventies and has been named the Pritzker Rem Koolhaas Architecture Prize for the year 2000. This book, which builds on six canonical projects, traces the discursive practice analyse behind the design methods used by Koolhaas and his office + OMA. It uncovers recurring key themes—such as wall, void, tur montage, trajectory, infrastructure, and shape—that have tek structured this design discourse over the span of Koolhaas’s Essays on the History of Ideas oeuvre. The book moves beyond the six core pieces, as well: It explores how these identified thematic design principles archi manifest in other works by Koolhaas as both practical re- Ingrid Böck applications and further elaborations. In addition to Koolhaas’s individual genius, these textual and material layers are accounted for shaping the very context of his work’s relevance. By comparing the design principles with relevant concepts from the architectural Zeitgeist in which OMA has operated, the study moves beyond its specific subject—Rem Koolhaas—and provides novel insight into the broader history of architectural ideas. Ingrid Böck is a researcher at the Institute of Architectural Theory, Art History and Cultural Studies at the Graz Ingrid Böck University of Technology, Austria. “Despite the prominence and notoriety of Rem Koolhaas … there is not a single piece of scholarly writing coming close to the … length, to the intensity, or to the methodological rigor found in the manuscript
    [Show full text]
  • Uma Arqueologia Do Programa De Rem Koolhaas Adriana Veras Vasconcelos, Doutoranda Pelo MDU-UFPE E Upenn, Professora Assistente Do Depto
    Simpósio Temático: Da arte de construir à inteligência arquitetônica Megaestructura e Metrópole: Uma arqueologia do programa de Rem Koolhaas Adriana Veras Vasconcelos, Doutoranda pelo MDU-UFPE e UPenn, Professora Assistente do Depto. de Arquitetura da UFPB Fernando Diniz Moreira, Ph.D., Professor Adjunto do Depto. de Arquitetura e Urbanismo da UFPE 1 Resumo Termos como fragmentação, heterogeneidade, descontinuidade e imaterialidade têm sido constantemente usados para descrever a metrópole contemporânea. A tecnologia da informação e a justaposição de fluxos e realidades parecem enfraquecer uma tradição arquitetônica consolidada, baseada na tríade venustas, commoditas e utilitas. No entanto, estas mesmas características podem também estimular uma nova forma de pensar e fazer arquitetura. Nesse contexto, Rem Koolhaas é um dos arquitetos que mais tem explorado a metrópole como estratégia projetual, expondo a instabilidade da condição urbana atual. Originalmente jornalista e cineasta, Koolhaas publicou Delirious New York, um dos mais importantes manifestos da arquitetura contemporânea. Ele aceita a submissão da arquitetura à aparente falta ordem, fragmentação e heterogeneidade da metrópole contemporânea. Segundo ele, a metrópole é estruturada pela concentração e superposição de vários sistemas urbanos. Sua dinâmica é mantida pela congestão de atividades, espaços e programas que devem ser articulados por bigness: mecanismo arquitetônico capaz de sustentar uma proliferação de eventos em um único edifício. Para Koolhaas, a tarefa da arquitetura não é mais organizar o espaço com elementos permanentes, mas expor o caos da cidade no próprio edifício. O objetivo deste trabalho é oferecer uma arqueologia da obra de Koolhaas, estabelecendo conexões entre o pensamento arquitetônico e urbanístico das décadas de 1960 e 1970 suas idéias e entre estas e seus projetos construídos.
    [Show full text]
  • Highline Residences Understand Your Credit Report Property Markettrends 2015 Designer
    (w/GST) S$5.80 PRICE: Apr 2015 Apr - Mar Singapore Property Singapore Property International Property Highline Residences Understand Your Credit Report Credit Understand Your Property Market Trends 2015 MarketTrends Property Designer A Property ThatGoesAboveAndBeyond A Property Homes Crowdfunders Magazine Con t e n t s SINGAPORE PROPERTY ANALYSIS 4 Property Market Trends for 2015 6 SRX Residential Property Flash Report (Feb 2015) 9 SRX Residential Property Flash Report (Jan 2015) 11 SRX Residential Property Flash Report (Rental Market) PROPERTY SPOTLIGHT 12 SEA’s First Real Estate Crowdfunding Site CoAssets’ seals S$1 million investment – CoAssets FINANCE 13 Understanding Your Credit Report by Credit Bureau PROPERTY SHOWCASE 20 14 A property that goesAbove and Beyond – Highline Residences 16 A New Level of Inclusiveness – Sims Urban Oasis 18 The New Treasure in Jurong Lake District – Lakeville 20 The Gem of the East – Meridian 38 22 Crown At Robinson INTERNATIONAL PROPERTY ANALYSIS 52 Penang Real Estate Market – Henry Butcher Malaysia Sdn Bhd PROPERTY SHOWCASE 50 Bridging Possibilities In Phnom Penh – The Bridge 22 EVENT 62 Piscine SPLASH! Asia DESIGNER HOMES returns to Singapore and announces new show features 64 Adventure Home - Rezt & Relax Interior 70 Art Party - I-Bridge Design Pte Ltd 74 to Back Cover CROWDFUNDERS Magazine HOMEBUYERS: MCI(P)131/11/2014. ISSN 0129 - 8703 is published Bi-monthly available at bookstores & newstands at S$5.80 (w/GST). Publisher: PROPERTY MEDIA, 808 French Road #07-163 Kitchener Complex Singapore 200808. Tel: (65) 6294 4588 Fax: (65) 6294 5812. Email: [email protected]. (This issue of Homebuyers come with Crowdfunders magazine).
    [Show full text]
  • 10Th Annual Dbaccess Conference Singapore
    CapitaLand Limited 10th Annual dbAccess Asia Conference Singapore 22 May 2019 1 Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other companies and venues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward looking statements, which are based on current view of management on future events. 2 Contents • CapitaLand 3.0 • Key Highlights • Financial & Capital Management • Business Updates – CapitaLand Singapore, Malaysia & Indonesia (SMI), Vietnam And International – CapitaLand China – CapitaLand Lodging – CapitaLand Financial 3 “Creating Long-Term Shareholder Value By Targeting Sustainable Return On Equity Above The Cost Of Equity” Capital Tower, Singapore 4 CapitaLand Presentation May 2013 CapitaLand 3.0 What It Means Scaling Up Responsibly
    [Show full text]
  • OMA at Moma : Rem Koolhaas and the Place of Public Architecture
    O.M.A. at MoMA : Rem Koolhaas and the place of public architecture : November 3, 1994-January 31, 1995, the Museum of Modern Art, New York Author Koolhaas, Rem Date 1994 Publisher The Museum of Modern Art Exhibition URL www.moma.org/calendar/exhibitions/440 The Museum of Modern Art's exhibition history— from our founding in 1929 to the present—is available online. It includes exhibition catalogues, primary documents, installation views, and an index of participating artists. MoMA © 2017 The Museum of Modern Art THRESHOLDS IN CONTEMPORARY ARCHITECTURE O.M.A.at MoMA REMKOOLHAAS ANDTHE PLACEOF PUBLICARCHITECTURE NOVEMBER3, 1994- JANUARY31, 1995 THEMUSEUM OF MODERN ART, NEW YORK THIS EXHIBITION IS MADE POSSIBLE BY GRANTS FROM THE NETHERLANDS MINISTRY OF CULTURAL AFFAIRS, LILY AUCHINCLOSS, MRS. ARNOLD L. VAN AMERINGEN, THE GRAHAM FOUNDATION FOR ADVANCED STUDIES IN THE FINE ARTS, EURALILLE, THE CONTEMPORARY ARTS COUNCIL OF THE MUSEUM OF MODERN ART, THE NEW YORK STATE COUNCIL ON THE ARTS, AND KLM ROYAL DUTCH AIRLINES. REM KOOLHAASAND THE PLACEOF PUBLIC ARCHITECTURE ¥ -iofiA I. The Office for Metropolitan Architecture (O.M.A.), presence is a source of exhilaration; the density it founded by Rem Koolhaas with Elia and Zoe engenders, a potential to be exploited. In his Zenghelis and Madelon Vriesendorp, has for two "retroactive manifesto" for Manhattan, Delirious decades pursued a vision energized by the relation New York, Koolhaas writes: "Through the simulta ship between architecture and the contemporary neous explosion of human density and an invasion city. In addition to the ambitious program implicit in of new technologies, Manhattan became, from the studio's formation, there was and is a distinct 1850, a mythical laboratory for the invention and mission in O.M.A./Koolhaas's advocacy of the city testing of a revolutionary lifestyle: the Culture of as a legitimate and positive expression of contem Congestion." porary culture.
    [Show full text]
  • Fy 2008 Patmi 1, 012
    CapitaLand Group Full Year 2008 Results February 2009 Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward- looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other companies and venues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward looking statements, which are based on current view of management on future events. 2 CapitaLand Presentation *Feb 2009* Contents • Results Overview • Highlights • Financials & Capital Management • Going Forward 3 CapitaLand Presentation *Feb 2009* Results Overview Liew Mun Leong Group President & CEO 4 CapitaLand Presentation *Feb 2009* Above S$1 Billion Net Profit For Third Consecutive Year (S$ million) FY 2006 FY 2007 FY 2008 PATMI 1, 012. 7 2, 759. 3 1, 260. 1 5 2nd Highest PATMI On Record • PATMI of S$1.3 billion; EBIT of S$2.2 billion; ROE of 12.2%
    [Show full text]
  • Capitamalls Asia Limited 凱德商用產業有限公司
    The Singapore Exchange Securities Trading Limited, Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. CAPITAMALLS ASIA LIMITED * 凱德商用產業有限公司 (Singapore Company Registration Number: 200413169H) (Incorporated in the Republic of Singapore with limited liability) (Hong Kong Stock Code: 6813) (Singapore Stock Code: JS8) OVERSEAS REGULATORY ANNOUNCEMENT This overseas regulatory announcement is issued pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Please refer to the next page for the document which has been published by CapitaMalls Asia Limited (the “Company ”) on the website of the Singapore Exchange Securities Trading Limited on 22 November 2013. BY ORDER OF THE BOARD CapitaMalls Asia Limited Tan Lee Nah Company Secretary Hong Kong, 22 November 2013 As at the date of this announcement, the board of directors of the Company comprises Mr Ng Kee Choe (Chairman and non-executive director); Mr Lim Beng Chee as executive director; Mr Lim Ming Yan, Ms Chua Kheng Yeng Jennie and Mr Lim Tse Ghow Olivier as non-executive directors; and Mr Sunil Tissa Amarasuriya, Tan Sri Amirsham A Aziz, Dr Loo Choon Yong, Mrs Arfat Pannir Selvam, Mr Bob Tan Beng Hai and Professor Tan Kong Yam as independent non-executive directors. * For identification purposes only MISCELLANEOUS Page 1 of 1 MISCELLANEOUS :: PRESENTATION SLIDES FOR CAPITALAND MEDIA/ANALYSTS TRIP: HARNESSING AN INTEGRATED PLATFORM Like 0 Tweet 0 * Asterisks denote mandatory information Name of Announcer * CAPITAMALLS ASIA LIMITED Company Registration No.
    [Show full text]
  • Presentation (542
    CapitaLand Group 3Q 2008 Results October 2008 Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other companies and venues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward looking statements, which are based on current view of management on future events. CapitaLand Presentation *October 2008* 1 Content • Results Overview • Review of Operations • Prospects CapitaLand Presentation *October 2008* 2 Results Overview CapitaLand Presentation *October 2008* 3 YTD Sep’08 – Strong Profits, Robust Balance Sheet ● PATMI crossed billion-dollar mark to reach S$1.18 billion ― Strong YTD contributions from China, Retail and Financial segments ● Monetised assets of over S$2.9 billion in 3Q08 ― Capital Tower Beijing, Menara Citibank, Somerset Orchard
    [Show full text]