DOCSLIB.ORG

Malls Asia Limited Asia’S Leading Mall Developer, Owner and Manager

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Malls Asia Limited Asia’S Leading Mall Developer, Owner and Manager CapitaMalls Asia Limited Asia’s Leading Mall Developer, Owner and Manager Listing by Introduction on HKEx Listing30 bySeptember Introduction on HKEx *Sep 2011 2011* 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, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses, including employee wages, benefits and training, property expenses and governmental and public policy changes. You are cautioned not to place undue reliance on these forward-looking statements, which are based on CMA’s current view of future events. The information contained in this presentation has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither CapitaMalls Asia (“CMA”) or any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation. The past performance of CMA is not necessarily indicative of the future performance of CMA. An investment in the shares of CMA (“Shares”) is subject to investment risks, including the possible loss of the principal amount invested. This document does not constitute a prospectus, notice, circular, brochure, advertisement or other document offering to sell any securities to the public, nor is it an invitation to the public to make offers to subscribe for or purchase any securities, nor is it calculated to invite or solicit offers by the public to subscribe for or purchase any securities. No new Shares will be allotted and issued in connection with, or pursuant to, the proposed secondary listing ("Listing") of the Shares on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEx"). The directors of CMA wish to highlight to shareholders that as the Listing is still subject to the fulfilment of certain conditions, the Listing may or may not occur. There is no assurance that the final approval of the HKEx and relevant authorities for the listing of, and permission to deal in, the Shares on the Main Board of the HKEx will be granted. This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for Shares. 1 Listing by Introduction on HKEx *Sep 2011* Contents 1. Who is CMA? 2. Rationale of Listing by Introduction on HKEx 3. Key Milestones and Timeline 4. Our Growth Story 5. Financial Performance 6. Next Phase of Growth 7. Appendix 2 Listing by Introduction on HKEx *Sep 2011* 1. Who is CMA? 3 Listing by Introduction on HKEx *Sep 2011* CMA is the Leading Asian Shopping Mall Developer, Owner and Manager Pan Asian footprint across 51 cities in 5 countries of Singapore, China, Malaysia, Japan and India 5 Countries 96 Retail Properties 78.9 million sq ft Gross Floor Area S$25.6 billion Property Value ~3,500 Employees Market Capitalisation of S$5.7 billion 1. As at 30 Jun 2011, CMA has 95 retail properties. 2. Data as at 29 Sep 2011 includes the acquisition of Suzhou which is subjected to the Government’s approval . 3. Market capitalisation as at 30 Jun 2011. 4 Listing by Introduction on HKEx *Sep 2011* CMA’s Real Estate Value Chain 3 Sources of Revenue 1. Development 2. Mall 3. Capital Management Management - Development Profits - Revaluation Recurring Income Recurring Income - Net Property Income - Fund Management - Property Management Fees Fees Fund Management 1 1H FY2011 PATMI Business of $214 mil • Manager of 3 Listed REITs & 5 Private Funds • AUM 2 of $19.5 bil (1) Profit after tax and minority interest 3 (2) Assets under management • EBIT of $32 mil for 1H (3) Earnings before interest and taxes FY2011 5 Listing by Introduction on HKEx *Sep 2011* CMA’s Business Structure CMA is the Leading Asian Shopping Mall Developer, Owner and Manager 39.4% 65.5% Singapore China Malaysia Japan India Data as at 30 Jun 2011 6 Listing by Introduction on HKEx *Sep 2011* Singapore (20 Malls) – Market Leader ION Orchard Raffles City Singapore Plaza Singapura Bugis Junction Iluma Bedok Site 1 (1) Based on artist’s impression, to be opened in 2014 7 Listing by Introduction on HKEx *Sep 2011* China (55 Malls) – First Mover Advantage Raffles City Shanghai, Shanghai Raffles City Beijing, Beijing CapitaMall Xizhimen, Beijing CapitaMall Jinniu, Chengdu CapitaMall Deyang, Deyang CapitaMall Guicheng, Foshan 8 Listing by Introduction on HKEx *Sep 2011* Malaysia (5 Malls) – Market Leader Queensbay Mall, Penang East Coast Mall, Kuantan Sungei Wang Plaza, Kuala Lumpur The Mines, Selangor Gurney Plaza, Penang 9 Listing by Introduction on HKEx *Sep 2011* Japan (7 Malls) – Consolidating Our Position Chitose Mall, Hokkaido Vivit Square, Tokyo La Park Mizue, Tokyo 10 Listing by Introduction on HKEx *Sep 2011* India (9 Malls) – Emerging Star The Forum Value Mall, Bangalore The Celebration Mall, Udaipur 11 Listing by Introduction on HKEx *Sep 2011* Experienced Management Team Proven Management with Extensive Real Estate Operational and Financial Experience LIM Beng Chee EuroMoney Real Estate Awards 2011 CEO • Best Retail Developer in Asia, Singapore and China • Played an instrumental role in the creation of EuroMoney Magazine CMA’s retail real estate funds and REITs • More than 10 years of real estate investment EuroMoney Real Estate Awards 2010 • Best Retail Developer Globally, Asia, and asset management experience in Singapore and China CapitaLand EuroMoney Magazine • CMA’s CEO since November 2008 Top 10 Famous Retail Real Estate Experienced Developer in China Leadership China Commercial Real Estate Association (CCREA) NG Kok Siong CFO Most Transparent Company Award – New Issues • Over 15 years of experience in finance and • Runner-up investment management Securities Investors Association (Singapore) • Joined CapitaLand in 2005 Golden Co-ordinates – Retail Real Estate • Has held various senior positions such as SVP Leader (CapitaLand Eurasia) and SVP, Strategic Commerce Promoting Real Estate (CPRE) n the 60th Finance (CapitaLand) Anniversary of the People’s Republic of China 12 Listing by Introduction on HKEx *Sep 2011* Widely Covered by International and Local Houses 13 Listing by Introduction on HKEx *Sep 2011* 2. Rationale of Listing by Introduction on HKEx 14 Listing by Introduction on HKEx *Sep 2011* Transaction Background CMA is proceeding with a dual-listing on HKEx for the following strategic rationale: 1 Widen investor base Platform to widen investor base and enhance CMA’s attractiveness to investors in Hong Kong and China. 2 Enhance CMA’s research coverage, profile and liquidity Attract research coverage on CMA and help raise profile and enhance market visibility of CMA 3 Additional avenues of financing Enhancing CMA’s ability to access additional sources of capital in two leading global capital markets in Singapore and Hong Kong. 15 Listing by Introduction on HKEx *Sep 2011* 3. Key Milestones and Timeline 16 Listing by Introduction on HKEx *Sep 2011* Key Milestones & Timeline Approval In Principle 30 September, 2011 Listing Document Availability 30 September, 2011 - Listing Date 18 October, 2011 Listing Document Available at: • CICC office • J.P. Morgan office 29th Floor, One International Finance Centre, 1 Ground Floor, Chater House, 8 Connaught Road Harbour View Street, Central, Hong Kong Central, Hong Kong • Computershare office 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong 17 Listing by Introduction on HKEx *Sep 2011* Batch Transfer Process for Current Shareholders Date Process Batch 1 Batch 2 30 Sep 2011 30 Sep 2011 • Approval-in-principle from HKEx on 30 Sep 2011 • Batch transfer announcement 4 Oct 20111 20 Oct 2011 • Last date for each Batch Transfer. Shareholders to submit: 1. ‘Withdrawal of Securities Form’ (CDP Form 3)2 to CDP (by 5:00 pm Singapore (by 5:00 pm Singapore time) 2. Bank draft to CDP for share withdrawal costs time) 3. Share removal form3 to Boardroom 14 Oct 2011 2 Nov 2011 • Brokers of shareholders/nominees in HK to collect the physical share certificates and deposit into CCASS4 18 Oct 2011 3 Nov 2011 • Shares will be ready for trading in HK provided share certificates are (Listing of CMA on HKEx) deposited into CCASS by the stipulated date above. Costs: - CDP charges a fee of S$10.00 for each withdrawal request for 1,000 shares or below, or S$25.00 for >1,000 shares. - Boardroom charges a fee of S$30.00 and S$2.00 per certificate for each removal request. - Computershare offers two levels of service – express and standard. Under the express route (10 business days), Computershare charges the higher of 0.05% of market value or HK$20.00 per certificate, subject to a minimum charge of HK$5,000.00. Alternatively, the standard route, for which Computershare charges a base fee of HK$200.00 and HK$2.50 per certificate, would take an additional 4 business days and the whole process would take 14 business days to complete. However, the fees can be waived if your removal takes place before the dual listing date. - Boardroom and Computershare have agreed to waive their charges to shareholders in respect of the batch transfers. CDP’s existing charges will still apply, together with any other costs to be levied by shareholders’ own brokers, nominees or custodians (where relevant). 1.
Load more

Recommended publications
  • 2020 Shanghai Foreign Investment Guide Shanghai Foreign Shanghai Foreign Investment Guide Investment Guide
    2020 SHANGHAI FOREIGN INVESTMENT GUIDE SHANGHAI FOREIGN SHANGHAI FOREIGN INVESTMENT GUIDE INVESTMENT GUIDE Contents Investment Chapter II Promotion 61 Highlighted Investment Areas 10 Institutions Preface 01 Overview of Investment Areas A Glimpse at Shanghai's Advantageous Industries Appendix 66 Chapter I A City Abundant in 03 Chapter III Investment Opportunities Districts and Functional 40 Enhancing Urban Capacities Zones for Investment and Core Functions Districts and Investment Influx of Foreign Investments into Highlights the Pioneer of China’s Opening-up Key Functional Zones Further Opening-up Measures in Support of Local Development SHANGHAI FOREIGN SHANGHAI FOREIGN 01 INVESTMENT GUIDE INVESTMENT GUIDE 02 Preface Situated on the east coast of China highest international standards Secondly, the openness of Shanghai Shanghai is becoming one of the most At the beginning of 2020, Shang- SHFTZ with a new area included; near the mouth of the Yangtze River, and best practices. As China’s most translates into a most desired invest- desired investment destinations for hai released the 3.0 version of its operating the SSE STAR Market with Shanghai is internationally known as important gateway to the world, ment destination in the world char- foreign investors. business environment reform plan its pilot registration-based IPO sys- a pioneer of China’s opening to the Shanghai has persistently functioned acterized by increasing vitality and Thirdly, the openness of Shanghai is – the Implementation Plan on Deep- tem; and promoting the integrated world for its inclusiveness, pursuit as a leader in the national opening- optimized business environment. shown in its pursuit of world-lead- ening the All-round Development of a development of the YRD region as of excellence, cultural diversity, and up initiative.
    [Show full text]
  • Raffles City Chengdu, Chengdu, China
    High Performance Building Dow Performance Silicones Dow Unveils Raffles City Chengdu’s Green Facade Case Study: Raffles City Chengdu City and Country Chengdu, China Products* • DOWSIL™ 993N Structural Glazing Sealant • DOWSIL™ 995 Silicone Structural Sealant • DOWSIL™ 791 Silicone Weatherproofing Sealant Key Participants • Architect Steven Holl Architects • Façade Consultant Meinhardt Façade Technology Co., Ltd. • Façade Installation Shenyang Yuanda Aluminium Industry Engineering Co., Ltd. (Chengdu Branch) • Developer CapitaLand China *Prior to February 2018, products listed were branded as Dow Corning. Project Description echoes the China Central Television energy saving insulating glass units Headquarters. (IGU) use a single silver Low-E glass, • Designed by architect master Steven which perfectly combines the ability to Holl, Raffles City Chengdu is constituted • The energy saving measures include allow high penetration of natural light of an A-Level office building (75,645 a ground source heat pump system, while blocking solar radiation. square meters), a shopping mall (73,784 heat recovery system, Chilled water square meters), a five-star hotel (43,228 storage, energy management system, • Was awarded the Gold Level Pre- square meters), a service apartment rainwater recycling system, green Certification in Leadership in Energy (13,214 square meters) and a boutique roof, as well as the use of local and and Environmental Design office area (27,671 square meters). recycled materials. (LEED) by the US Green Building Council. • The irregularly shaped construction • The curtain wall reaches 55,000 square has large overhangs and pores, that meters in area and the low emissivity, C A S E S T U DY | China Following Raffles City Shanghai 4.
    [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]
  • 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]
  • Capitaland Limited US Non-Deal Roadshow 2
    CapitaLand Limited US Non-Deal Roadshow 7 - 10 June 2016 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 Limited US Non-Deal Roadshow 2 Contents • Overview • Business Highlights • Financials & Capital Management • Conclusion CapitaLand Limited US Non-Deal Roadshow 3 Overview Significant Scale Across Diversified Asset Classes Group Managed Real Estate Revenue Under Assets Management S$76.8 Billion S$8.2 Billion of which Rental RUM is S$4.3 Billion Raffles City Beijing Total Home Units Constructed Office Tenants In Singapore (Since 2000) And China >72,880 >1,330 Capital Tower, Singapore Gross Turnover Sales Shopper Traffic Of Retailers Across 5 Countries S$10.9 Billion ~1.0 Billion HongKou Plaza, Shanghai Retail Leases Across Unique Serviced Residence 5 Countries Customers ~15,000 ~900,000 Ascott Huai Hai Road, Shanghai Note: 1.
    [Show full text]
  • CL FY 2020 Financial Results
    CAPITALAND LIMITED FY 2020 Financial Results 24 February 2021 Disclaimer This presentation may contain forward-looking statements. 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 developments or companies, shifts in customer demands, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee wages, benefits and training, property operating expenses), 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 the current view of management regarding future events. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither CapitaLand Limited (“CapitaLand”) nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use of, reliance on or distribution of this presentation or its contents or otherwise arising in connection with this presentation. The past performance of CapitaLand or any of the listed funds managed by CapitaLand Group (“CL Listed Funds”) is not indicative of future performance.
    [Show full text]
  • Capitaland Will Build Its First Raffles City Integrated Development in Shenzhen and Its Sixth in China
    FOR IMMEDIATE RELEASE 10 May 2010 NEWS RELEASE CapitaLand will build its first Raffles City integrated development in Shenzhen and its sixth in China Singapore, 10 May 2010 – CapitaLand will build its first Raffles City integrated development in Shenzhen. Named Raffles City Shenzhen, it is located in the commercial district of Shenzhen City’s Nanshan District. Raffles City Shenzhen will be a one-stop dining, shopping and lifestyle destination. With this latest addition, CapitaLand’s ‘Raffles City’ branded portfolio now totals eight properties internationally, with six across China, one in Singapore and another in Bahrain. Raffles City Shenzhen, designed by international architectural and design firm Benoy, is an integrated development that will comprise a Grade A office tower, a shopping mall, and a hotel or serviced residence component. Raffles City Shenzhen enjoys high transportation connectivity and is located within close proximity to the subway stations. Raffles City Shenzhen is situated on a site that was acquired by CapitaLand in 2008. The site is one of the largest commercial sites in Shenzhen, at 53,725 square metres in size and with a gross floor area of 237,500 square metres. In addition to the Raffles City Shenzhen complex, CapitaLand will also be developing for strata sale an office tower, residential apartments, small- office-home-office (SOHO) units, and retail space. The entire project, comprising Raffles City Shenzhen and the strata-sale components, is estimated to have a project development estimate (PDE) of approximately RMB 6 billion (S$1.25 billion). Planning and development works for the entire development are underway and it is slated to be completed in phases from 2014.
    [Show full text]
  • Perennial Reit Prospectus
    PROSPECTUS DATED 27 MAY 2011 (REGISTERED WITH THE MONETARY AUTHORITY OF SINGAPORE ON 27 MAY 2011) This document is important. If you are in any doubt as to the action you should take, you should consult your legal, fi nancial, tax, or other professional advisor. CHINA CHINA RETAIL TRUST (a business trust constituted on 22 February 2011 OFFER FOR SUBSCRIPTION BY under the laws of the Republic of Singapore) RETAIL TRUST RETAIL Managed by Perennial China Retail Trust Management Pte. Ltd. Perennial China Retail Trust Management Pte. Ltd. (Registration Number 201024622Z) 563,579,000 Units Offering Price: S$0.70 per Unit SINGAPORE’S FIRST 1 Pipeline* PURE-PLAY PRC RETAIL DEVELOPMENT TRUST Perennial China Retail Trust IPO Prospectus dated 27 May 2011 27 May dated IPO Prospectus Trust China Retail Perennial 1. Shenyang Red Star Macalline Furniture Mall Exterior of Xi’an High-Speed Railway Station 4. Foshan Yicui Shijia Shopping Mall Pipeline* 2. Shenyang Longemont Shopping Mall I 3. Shenyang Longemont Offi ces Interior of Xi’an High-Speed Railway Station 5. Chengdu Qingyang Guanghua Shopping Mall Note: The pictures of the initial portfolio with the exception of Shenyang Red Star Macalline Furniture Mall and Xi’an High Speed Railway Station, are artists’ impressions of the relevant properties and may differ from the actual view of the relevant completed properties. * Pipeline: Commercial Component of the Xi'an Longemont Railway Commercial Development. Perennial China Retail Trust (“PCRT”) is a business Asdew Acquisitions Pte Ltd (“Asdew”), CB Richard Ellis PCRT has received a letter of eligibility from the SGX-ST trust (Registration Number: 2011002) registered under Global Real Estate Securities, LLC (“CBRE GRES”), for the listing and quotation on the Main Board of the the Business Trusts Act, Chapter 31A of Singapore Cosmo Top Limited (“Cosmo Top”), Henderson Global SGX-ST of (i) all Units comprised in the Offering, (ii) all (the “Business Trusts Act” or “BTA”).
    [Show full text]
  • Capitaland Welcomes Over 300,000 Shoppers to Raffles City the Bund
    For immediate release NEWS RELEASE CapitaLand welcomes over 300,000 shoppers to Raffles City The Bund in China on opening day Affirms commitment to grow CapitaLand’s presence and investor base in China by leveraging signature Raffles City brand Singapore, 12 July 2021 – The opening of Raffles City The Bund in China is the latest testament to CapitaLand’s strengths in iconic integrated developments. The final component in the over 300,000 square metre1 (sq m) megastructure to welcome the public is the 120,000 sq m shopping mall. The retail component of Raffles City The Bund, CapitaLand’s third and largest Raffles City development in Shanghai, opened to great fanfare last Saturday (10 July 2021). The opening ceremony was jointly officiated by Singapore Ambassador to China, Mr Lui Tuck Yew and Party Secretary of Shanghai Hongkou District, Ms Guo Fang. A healthy committed occupancy of 92% reflects the depth and diversity of China’s retail scene. More than half of the mall’s over 200 brands are either new to China, East China, Shanghai or CapitaLand’s portfolio. Strong shopper traffic of over 300,000 was registered on its opening day, marking an encouraging start to Raffles City The Bund’s retail operations. The integrated development is located along Huangpu River in Shanghai’s fast-developing North Bund, a commercial and cultural hub with direct access to metro Line 12. Designed by Pelli Clarke Pelli Architects with Benoy, the architecture comprises two 50-storey premium Grade A office towers linked at the base by a six-storey mall (four levels above ground and two basement levels).
    [Show full text]
  • 235 Capitaland Properties Participating in Earth Hour 2012 the Group’S Wear Less Day Initiative Expands Beyond Singapore to Asia and Europe
    For Immediate Release 23 March 2012 NEWS RELEASE 235 CapitaLand properties participating in Earth Hour 2012 The Group’s Wear Less Day initiative expands beyond Singapore to Asia and Europe Singapore, 23 March 2012 – CapitaLand Limited is pleased to announce that 235 of the Group’s properties across Asia and Europe will be participating in Earth Hour on Saturday, 31 March 2012. This includes countries such as Singapore, China, Australia, Malaysia, Vietnam, India, Japan, South Korea, Indonesia, Philippines, Thailand, Bahrain, Qatar, United Arab Emirates, Belgium, France, Germany, Spain and the United Kingdom. This is the fifth year that the Group is participating in the annual global sustainability movement to show commitment towards protecting the environment since many other cities globally adopted the event in 2008. To further generate awareness on climate change, CapitaLand is also expanding its Wear Less Day beyond Singapore to Asia and Europe on the eve of Earth Hour 2012. For the third consecutive year, CapitaLand will be turning off façade lights and non-essential lighting at its participating properties for extended hours throughout the night, beginning 8.30pm (local time) on Saturday, 31 March 2012. Emergency lighting and security systems will function normally to ensure that safety and security are not compromised. In Singapore, more than 30 CapitaLand office buildings, serviced residences and CapitaMalls will be taking part in Earth Hour 2012. Participating properties include ION Orchard, Raffles City, The Atrium@Orchard, CapitaGreen, Capital Tower, Six Battery Road and Ascott Raffles Place Singapore. In particular, CapitaMalls Asia is organising its “Bring Your Own Shopping Bag” campaign in Singapore to encourage shoppers to save the environment by bringing their own reusable shopping bags while enjoying STAR$ rewards with a minimum purchase.
    [Show full text]
  • Presentation May Contain Forward-Looking Statements That Involve Risks and Uncertainties
    CapitaLand Group 1H 2010 Results August 2010 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 the current view of management on future events. 2 CapitaLand Presentation *August 2010* Contents • Results Overview • Highlights • Financials & Capital Management • Going Forward 3 CapitaLand Presentation *August 2010* Results Overview Liew Mun Leong Group President & CEO 4 CapitaLand Presentation *August 2010* Net Profit (PATMI) of S$591m in 1H10 vs loss of S$114m in 1H09 • 1H10 Revenue of S$1,561m, 45% YoY (S$ million) 1H 2009 1H 2010 Change Revenue 1,078.2 1,561.2 +483 EBIT 40.2 1,190.8 +1,151 PATMI (114.1) 591.5 +706 EPS
    [Show full text]
  • Infrastructure Asset Management Review of Tall Residential Buildings Of
    Journal of Built Environment, Technology and Engineering, Vol. 3 (September) 2017 ISSN 0128-1003 ASSET MANAGEMENT REVIEW OF TALL RESIDENTIAL BUILDINGS IN MAJOR CITIES: CHICAGO, HONG KONG AND SINGAPORE Raymond Cheng Email: [email protected] Reader, Industrial Doctorate (IndD) Programme, Asia e University, Kuala Lumpur, MALAYSIA Ivan Ng Email: [email protected] Executive Director, Russia Capital Investment Corporation Limited, HONG KONG ABSTRACT There is only one residential skyscraper within China’s top 100 tallest buildings in the crowded 24-million- population city of Shanghai, China (and eleven residential skyscrapers among the 134 tallest buildings, i.e. those taller than 150 metres), whereas there are comparatively a lot more skyscrapers used for residential purposes in equally densely populated cities like Hong Kong, Singapore, Kuala Lumpur and, of course, Chicago and New York. This paper, hence, looked, from a historical perspective, how the development of tall buildings in Chicago, Hong Kong and Singapore have evolved to become what we see today. How does the tall building development history of a city help forge the people’s view in terms of living in skyscrapers? Would such help provide explanations and hints as to the future development of skyscrapers in the other cities like Shanghai? Keywords: Tall building, skyscraper, high-rise, development history Learning from the American experience The mythical story of the Tower of Babel tells us that how height, in itself, since the beginning of known history, means power to human beings. But before Elisha Otis revolutionized and refined the safety of the elevator by inventing the elevator brakes1 in 1852, both the Greek mathematician Archimedes of Syracuse and King Louis XV of France could only have envisioned their great ideas through primitive, man-powered, inefficient mechanical lifting devices back in their days.
    [Show full text]