YTD Sep10 Statutory PATMI increased 349% to S$751m
• 3Q Sep10 PATMI down 43% yoy to S$160m
– Due largely to lower recognition on completion of residential projects in Singapore
• Key events in 3Q10
– Ascott recycled stabilised assets into Ascott Reit
– Acquired prime Bedok Town Centre site for integrated retail-cum-residential development
– 5th residential development project in Vietnam
– Successful listing of CapitaMalls Malaysia Trust (“CMMT”) on Bursa Malaysia
– Formed CapitaValue Homes (affordable housing SBU)
• Group managed real estate assets totaled S$50bn
• Proactive Capital Management
– Strengthened financial flexibility with the issuance of an aggregate S$1b of bonds
– Strong cash liquidity of S$6.4bn
– Healthy Net Debt/Equity of 0.21
Read more?
Posts
Should You Buy A Freehold Or Leasehold Condo In 2025? Here’s The Surprising
Better Performer
-
One of the most common questions we get is “Should I buy freehold instead
of leasehold?” It’s a constant point of concern, although not one that’s
easy t...
9 hours ago
No comments:
Post a Comment