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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. -
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 -
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. -
Cathay Cinema Acquisition Last Traded Price ( 1 Nov 2017): S$0.58 (STI : 3,391.61) Setting the Stage for Sustainable Growth
Singapore Company Guide mm2 Asia Version 13 | Bloomberg: MM2 SP | Reuters: MM2A.SI Refer to important disclosures at the end of this report DBS Group Research . Equity 2 Nov 2017 BUY Cathay cinema acquisition Last Traded Price ( 1 Nov 2017): S$0.58 (STI : 3,391.61) Setting the stage for sustainable growth. mm2 would have a Price Target 12-mth: S$0.73 (25% upside) (Prev S$0.60) stronger presence in the entire value chain of content creation and distribution, upon the completion of the proposed Analyst acquisition of Cathay cinema chain, which is expected to be Lee Keng LING +65 6682 3703 [email protected] completed by end-November 2017. This acquisition will complement its current cinema operations in Malaysia, and What’s New further cement mm2's status as the leader in the Acquiring 100% stake in Cathay Singapore for S$230m media/entertainment industry. With a much larger and stronger or 13.8x EBITDA scale, mm2 can now enjoy the synergistic benefits from the entire value chain. Cathay is the second largest cinema chain in Singapore, Growth supported by core business and UnUsUal; cinemas to with a market share of 27% build recurring income. We continue to project mm2's EPS to Raised earnings for FY18F by 22% and 20% for FY19F grow at a CAGR of 65% from FY16-FY19, underpinned by growth in productions, expansion into the China market, and Reiterate BUY with higher TP of S$0.73 contribution from UnUsUal. The cinema arm, on the other hand, helps the group build a recurring income base. -
Acquisition of 100% Stake in Food Junction Group of Companies
Investor Presentation Acquisition of 100% Stake in Food Junction Group of Companies 2 September 2019 Acquisition of 100% Stake in Food Junction (“FJ”) Group . Transaction Summary . Food Junction Business Overview . Appendix – List of Food Republic Food Courts in Singapore and Malaysia 1 Acquisition of 100% Stake in FJ Group TRANSACTION SUMMARY Acquisition BreadTalk Auric Pacific Structure Group Limited (“BTG”) Group Limited Singapore Singapore 100% 98.10% Topwin Investment Food Junction Holding Pte Ltd Holdings Ltd Singapore Singapore 100% Acquisition of 100% Stake Food Junction Management (“FJM”) Pte Ltd Singapore 100% 100% Food Junction T&W Food Singapore (“FJS”) Junction (“T&W”) Pte Ltd Sdn Bhd Singapore Malaysia Acquisition . Enterprise Value S$ 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. -
HYPE-34-Genesis.Pdf
Exclusive benefits for Students and NSFs FREE Campus/Camp Calls Unlimited SMS Incoming Calls Data Bundle Visit www.singtel.com/youth for details. Copyright © 2012 SingTel Mobile Singapore Pte. Ltd. (CRN : 201012456C) and Telecom Equipment Pte. Ltd. (CRN: 198904636G). Standard SingTel Mobile terms and conditions apply. WHERE TO FIND HYPE COMPLIMENTARY COPIES OF HYPE ARE AVAILABLE AT THE FOLLOWING PLACES Timbre @ The Arts House Island Creamery Swirl Art 1 Old Parliament Lane #01-04 11 King Albert Park #01-02 417 River Valley Road Timbre @ The Substation Serene Centre #01-03 1 Liang Seah Street #01-13/14 45 Armenian Street Holland Village Shopping Mall #01-02 Timbre @ Old School The Reckless Shop 11A Mount Sophia #01-05 Sogurt Orchard Central #02-08/09 617 Bukit Timah Road VivoCity #02-201 Cold Rock Blk 87 Marine Parade Central #01-503 24A Lorong Mambong DEPRESSION 313 Somerset #02-50 Leftfoot Orchard Cineleisure #03-05A 2 Bayfront Avenue #B1-60 Far East Plaza #04-108 Millenia Walk Parco #P2-21 Orchard Cineleisure #02-07A BooksActually The Cathay #01-19 Beer Market No. 9 Yong Siak Street, Tiong Bahru 3B River Valley Road #01-17/02-02 Once Upon a Milkshake St Games Cafe 32 Maxwell Road #01-08 Strictly Pancakes The Cathay #04-18 120 Pasir Ris Central #01-09 44A Prinsep Street Frolick Victoria Jomo Ice Cream Chefs Lot One #B1-23 9 Haji Lane Ocean Park Building, #01-06 Hougang Mall #B1-K11 47 Haji Lane 12 Jalan Kuras (Upper Thomson) 4 Kensington Park Road Tampines 1 #B1-32 VOL.TA Marble Slab 241 Holland Avenue #01-02 The Cathay #02-09 Iluma -
Annex a Summary of Local COVID-19 Situation
Annex A Summary of Local COVID-19 Situation Figure 1: Number of Community Unlinked and Linked Cases 13 Figure 2: Number of Active Cases in Intensive Care Unit or Requiring Oxygen Supplementation 13 Incorporates re-classifications of earlier reported cases. Annex B Open Clusters Epidemiological investigations and contact tracing have uncovered links between cases. i. 3 of the confirmed cases (Cases 63446, 63656 and 63773) are linked to the Case 63446 cluster with the most recent case (Case 63773) linked to the cluster on 27 May. Case 63446 is a 28 year-old male Singaporean who works as an engineer at Patec Pte Ltd. He was confirmed to have COVID-19 infection on 18 May. ii. 3 of the confirmed cases (Cases 63721, 63748 and 63752) are linked to the Tektronix cluster with the most recent case (Case 63752) linked to the cluster on 26 May. Case 63721 is a 50 year-old male Singaporean who works as an engineer at Tektronix Southeast Asia Pte Ltd. He was confirmed to have COVID-19 infection on 24 May. iii. 6 of the confirmed cases (Cases 63507, 63677, 63740, 63760, 63761 and 63765) are linked to the Hong Ye Group cleaners cluster with the most recent cases (Cases 63760, 63761 and 63765) linked to the cluster on 26 May. Case 63507 is a 31 year-old male Singaporean who is employed by Hong Ye Group Pte Ltd as a cleaner at Changi Business Park. He was confirmed to have COVID-19 infection on 19 May. iv. 4 of the confirmed cases (Cases 63708, 63709, 63746 and 63756) are linked to the Case 63708 cluster with the most recent case (Case 63756) linked to the cluster on 26 May. -
Accommodation in Singapore
Accommodation in Singapore EHL Campus (Singapore) EHL GROUP PRESENTATION Accommodation in Singapore From rooms in HDB (Singapore’s public housing) apartments, to entire condominiums apartments, to penthouses, Singapore has a diverse range of accommodation options for students to choose from. EHL Campus (Singapore) students have the freedom to decide on their accommodation. The following slides provide a sample of accommodation options and support services available in Singapore. These accommodation sites are located all around Singapore in multiple neighbourhoods and offer a range of features and services depending on student preferences; from weekly cleaning, gyms, and rooftops, the choices are endless. From hostels at $508 per bed, flat-shares starting at S$1,250, and private apartments from S$2,400 onwards, students can decide between having their own space, or sharing an entire apartment with friends. Students are encouraged to do their own research to find the best fit in location, concept and price-point. Accommodation: Hmlet Community When you move in, you get everything you need for the lifestyle you want. Live in a gorgeous home in your favourite city, bond with our diverse community, and experience true freedom with endless convenience and full flexibility. From shared homes to fully private apartments, simply choose what you need and how you'd like it - we'll have it ready. Make yourself at home with our inclusive community of dynamic personalities, and bond through Hmlet-curated events that you’re always invited to! Rooms Offered: Fully furnished and equipped private rooms to 2-bedroom apartments Location: All neighbourhoods in Singapore Nearest MRT: Various Website: https://www.hmlet.com Indicative price range: SGD 1600- 2400 Contacts: Joanna Alicja Genevieve Jordan [email protected] [email protected] +6584626446 +65 8750 1846 Flexible Leases Month-to-month flexible lease means you can live without being locked in. -
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