ANNUAL GENERAL MEETING 23 APRIL 2014 a developer of premier living - - PowerPoint PPT Presentation

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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


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ANNUAL GENERAL MEETING 23 APRIL 2014

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… a developer of premier living

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FINANCIAL HIGHLIGHTS

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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

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Revenue

50 100 150 200 250 300 2009 2010 2011 2012 2013 $71m $109m $150m $291m $227m $'million

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Profit Attributable to Shareholders

10 20 30 40 50 2009 2010 2011 2012 2013 $6m $10m $22m $41m $29m $'million

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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)

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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)

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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

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Source: Bloomberg

3-Year Stock Chart (April 2011 – April 2014)

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UPDATE ON EXISTING PROPERTIES

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Residential Properties

The Laurels Cairnhill Road

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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

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Residential Properties

Robin Residences - Robin Drive

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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%

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Residential Properties

Waterwoods - Punggol Field Walk

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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

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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

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Industrial Properties

BizTech Centre Aljunied Road

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BizTech Centre

 Number of units owned: 50 strata units  Area owned: 52,358 sf  Carrying value: $535 psf  Occupancy rate: 88%

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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.