ANNUAL GENERAL MEETING 23 APRIL 2014 a developer of premier living - - PowerPoint PPT Presentation
ANNUAL GENERAL MEETING 23 APRIL 2014 a developer of premier living - - PowerPoint PPT Presentation
ANNUAL GENERAL MEETING 23 APRIL 2014 a developer of premier living FINANCIAL HIGHLIGHTS Key Financial Data - FY2013 S$000 Revenue 226,823 Profit after tax 40,129 Profit attributable to shareholders 28,851 Total assets 575,646
… a developer of premier living
FINANCIAL HIGHLIGHTS
Key Financial Data - FY2013
226,823 Revenue Profit after tax 40,129 Profit attributable to shareholders S$‘000 28,851 Earnings per share 7.19 cents Net asset value per share 56.25 cents Total assets 575,646
Revenue
50 100 150 200 250 300 2009 2010 2011 2012 2013 $71m $109m $150m $291m $227m $'million
Profit Attributable to Shareholders
10 20 30 40 50 2009 2010 2011 2012 2013 $6m $10m $22m $41m $29m $'million
Earnings Per Share
2 4 6 8 10 12 2009 2010 2011 2012 2013 1.73 2.45 5.50 10.26 7.19 (cents)
Net Asset Value Per Share
10 20 30 40 50 60 2009 2010 2011 2012 2013 34.89 36.73 41.41 50.68 56.25 (cents)
Dividend Yield
0.70 0.75 1.00 1.60 1.50 1.84% 2.31% 3.03% 3.72% 4.11% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2009 2010 2011 2012 2013 (cents)
Dividend per share Dividend yield
Source: Bloomberg
3-Year Stock Chart (April 2011 – April 2014)
UPDATE ON EXISTING PROPERTIES
Residential Properties
The Laurels Cairnhill Road
The Laurels
Number of units sold: 227 out of 229 Percentage sold by no. of units: 99% Total sales consideration: $706.4 million TOP date: 9 Sep 2013 CSC date: 28 Mar 2014
Residential Properties
Robin Residences - Robin Drive
Robin Residences
Type of property: Condominium Number of units: 134 Tenure: Freehold Purchase price: $176.99 million ($1,295 psf ppr) Gross floor area incl balcony: 136,667 sf Launch-ready: Target mid 2014 Construction progress: Approximately 12%
Residential Properties
Waterwoods - Punggol Field Walk
Waterwoods
Type of property: Executive Condominium Number of units: 373 Tenure: 99-year Leasehold Purchase price including DC: $173.6 million ($342 psf ppr) Gross floor area incl balcony: 508,045 sf
Waterwoods
Number of units sold: 187 out of 373 Percentage sold by no. of units: 50% Total sales consideration: $186.6 million Construction progress: Approximately 13% Target TOP date: 2Q2016
Industrial Properties
BizTech Centre Aljunied Road
BizTech Centre
Number of units owned: 50 strata units Area owned: 52,358 sf Carrying value: $535 psf Occupancy rate: 88%
DISCLAIMER
This presentation may contain statements that involve risks and
- uncertainties. Actual future performance, outcomes and results may
differ materially from those expressed in such statements as a result
- f
a number
- f
risks, uncertainties and assumptions. Past performance is not necessarily indicative of future performance. You are cautioned not to place undue reliance on these statements, which are based on the current views of management on future developments and events.