Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Keppel Land — Non-Deal Roadshow (September 2010)

27 slides from Singapore Exchange's roadshow presentation, September 2010

  1. Slide 1: Investor Meetings August/September 2010

    Investor Meetings August/ September 2010 1 Content  Introduction  Strategic Focus  Updates  Market Review & Outlook  Going Forward  Recent Awards 2 1

  2. Slide 2: Introduction

    Introduction 3 Introduction Premier Property Total assets of $6.6 bil as @ 30 June 2010 Company Market cap of $5.6 bil as @ 18 Aug 2010 Developer of One Raffles Quay, Leading Prime Marina Bay Financial Centre and Ocean Financial Centre Office Player in Singapore’s Crown Jewel Marina Bay Focus on the

  3. Slide 3: Vision and Mission; International Presence

    Vision and Mission Vision To be the premier multi-national corporation providing urban living solutions through the twin core businesses of property development and property fund management. Mission We are committed to create live-work-play environments of enduring value for the community with our h

  4. Slide 4: Strategic Focus

    Strategic Focus 7 Strategic Focus Two Core Businesses SINGAPORE Commercial developments mainly in Marina Bay and CBD Residential developments including lifestyle waterfront Property projects Property Development Fund K-REIT Asia to recycle OVERSEAS capital Residential developments for Sale Managemen

  5. Slide 5: Updates: Singapore Residential

    Updates 9 Singapore Residential Quality Development at Lakeside Drive Site  Total : about 630 units • Unit type : 1 – 4 bedroom plus penthouses • Unit sizes range from 500 sf – 1,400 sf  Target to launch by end-2010  Benefit from the remaking of Jurong Lake District and relocation of government a

  6. Slide 6: Singapore Residential

    Singapore Residential Demand for Luxury Homes at Marina Bay  Second preview of Marina Bay Suites on 29 April 2010 • Capitalised on the preview opening of Marina Bay Sands on 27 April 2010  Total: 221 units • Sold 96% of 136 launched units as at end-Jul 10 Marina Bay Sands Marina Bay Suites 11 Sing

  7. Slide 7: Singapore Commercial

    Singapore Commercial Marina Bay as a Vibrant Work-Live-Play Environment Marina Bay Financial Centre Marina Bay Suites Comprises 3 Grade A office towers Final phase of luxury residential development in the Marina Bay area Ocean Financial Centre Platinum level LEED-CS One Raffles Quay pre-certificatio

  8. Slide 8: Singapore Commercial; K-REIT Asia

    Singapore Commercial Premier Office Landmark in Central Business District  Overall commitment : About 63%  Total NLA : 850,000 sf  New take-up in 2Q10 includes : - ANZ : Approx. 209,000 sf - BNP : Approx. 58,000 sf  Other major tenants include : - Drew & Napier - Stamford Law - The Executive Cen

  9. Slide 9: Alpha Investment Partners

    Alpha Investment Partners Opportunistic Acquisitions with Strong Financial Flexibility  Alpha Asia Macro Trends Fund • Recent acquisitions in Singapore : – 162 units at The Cascadia, a prime residential devt located along Bukit Timah Road – 77% stake in Katong Mall : To be redeveloped into a new 20

  10. Slide 10: Overseas - China

    Overseas - China Keppel Land’s Extensive Presence in China  In China since early 1990s • Secured first residential project, One Park Avenue in Shanghai in 2000  Presence in 10 cities in key regions Shenyang • Total GFA : 6.5 million sm Beijing Tianjin • More than 40,000 homes in the pipeline • Sol

  11. Slide 11: Overseas - China

    Overseas - China Seasons Park First Eco Homes in Tianjin Eco City Keppel’s 36.6 ha site in SUA of Tianjin Eco-City  Total : 4,995 homes plus office and retail  Phase 1 : Seasons Park (1,680 units) • Targeted for launch in phases, starting in 2H10  Shareholding Structure: • KLL : 55%; KCL : 45% Ti

  12. Slide 12: Overseas - Vietnam

    Overseas - Vietnam Enlarged Residential Footprint  Acquired new lifestyle waterfront sites • Township devt at South Rach Chiec, District 2 - Site area : 30 ha - Total : About 4,700 units fronting South Rach Chiec river • Villa devt, District 12 - Site area : 11.3 ha - Total : 175 villas fronting Sa

  13. Slide 13: Overseas – India and Indonesia; Market Review & Outlook

    Overseas – India and Indonesia Continued Sales with Economic Expansion Elita Promenade, Bangalore Elita Garden Vista, Kolkata Jakarta Garden City  Total : 1,573 units  Phase 1 : 688 units  Phase 1 : 971 units  92% of 1,495 units sold as  72% of 688 units sold as  80% of 648 units sold as at en

  14. Slide 14: Singapore Residential

    Singapore Residential  Private home prices continue to rise, albeit at a slower pace 3Q 09 4Q 09 1Q 10 2Q 10 Q-o-Q changes in price +15.8% +7.4% +5.6% +5.3%  Developers sold 9,957 new homes in first 7 months • Higher take-up in 1H10 vs 1H09 Full year 2009 1H 09 1H 10 Jan – Jul 10 New Home Sales 14

  15. Slide 15: Singapore Commercial

    Singapore Commercial  Grade A office rents rose 5.6% q-o-q to $8.45 psf (1) in Strong pent-up 2Q10, the first rise after six quarters of decline demand for quality office spaces to  Rents for good quality buildings in CBD supported by support rents “flight to quality” Office leasing  Expansion by

  16. Slide 16: Overseas; Going Forward

    Overseas  IMF expects Asia to continue to lead global recovery GDP Growth Country Property Market Projections for 2010 (1) Government measures taking effect in cooling market China 10.5% and promoting sustainable growth Pent-up demand for quality landed homes and mid- Vietnam 6.5% end segment shows

  17. Slide 17: Looking Ahead

    Looking Ahead  Continue to focus on developing quality residential, office and township projects  K-REIT Asia and Alpha to seek acquisitions of quality assets in Singapore and overseas  Time residential launches to capitalise on economic recovery 33 Singapore Residential Roll out According to Mar

  18. Slide 18: Overseas Residential; Recent Awards

    Overseas Residential Launch New Projects and Phases in 2H10 The Botanica, Chengdu Central Park City, Wuxi 8 Park Avenue, Shanghai The Springdale, Shanghai The Seasons, Shenbei, Shenyang Riviera Point, HCMC 35 Recent Awards 36 18

  19. Slide 19: Recent Awards

    Recent Awards Transparency in The Business Times’ Governance and Transparency Index(1) • Ranked top 2% out of 681 companies FIABCI Prix d’Excellence 2010 Awards • Jakarta Garden City as Runner-up in Residential (Low-Rise) Category FIABCI Indonesia - BNI Prix d’Excellence 2010 Awards • Jakarta Garden

  20. Slide 20: 5-Year Financial Profile

    Additional Slides 39 5-Year Financial Profile FY2009 FY2008 FY2007 FY2006 FY2005 Turnover ($m) 923.9 842.2 1407.9 948.0 586.4 Operating Profit ($m) 201.9 231.7 312.3 204.1 146.6 Pre-tax Profit ($m) 358.6 314.0 988.7 263.4 184.6 PATMI ($m) 280.4(1) 227.7(1) 779.7(2) 200.3 155.7 Overseas Earnings (% o

  21. Slide 21: Financial Highlights – 1H 2010 vs. 1H 2009

    Financial Highlights – 1H 2010 vs. 1H 2009 1H 2010 1H 2009 % Chg Turnover $361.6m $395.6m (8.6%) EBITDA $103.6m $81.8m 26.7% Operating Profit $99m $77m 28.6% Pre-tax Profit $187.1m $139.1m 34.5% Net Profit $134.7m $95.1m 41.6% 41 Financial Ratios 1H 2010 1H 2009 % Chg Net Debt / Equity Ratio 0.28x 0

  22. Slide 22: Healthy Balance Sheet; Geographical Breakdown

    Healthy Balance Sheet  Diversified Funding Base • Strong cash position : $0.66 billion as at end-Jun 2010 • Funds from operations and related companies • Credit facilities and MTN programme (unutilised :US$499m) 1H 2010 1H 2009 Net Debt $1,109m $836.1m Avg Interest Rate of Borrowings 2.1% 2.3% % Fi

  23. Slide 23: Singapore Residential Landbank; China Residential Launches

    Singapore Residential Landbank Project Location KLL's Tenure Attributable Attributable Estimated Stake Land Area GFA No. of (%) (sf) (sf) Units Site at Lakeside Dr Lakeside Dr 100% 99-yr 173,486 607,208 629 Keppel Bay Plot 3 Keppel Bay 30% 99-yr 125,366 152,999 307 Keppel Bay Plot 4 Keppel Bay 11.7%

  24. Slide 24: Other Overseas Residential Launches; China Residential Landbank

    Other Overseas Residential Launches Units to Launch 2010^ 2011 2012 Vietnam Saigon Sports City, HCMC 1 - - 355 The Estella, Dist. 2, HCMC 128 145 300 Riviera Point, Dist7, HCMC 1 300 400 368 Waterfront Township, Dong Nai Province 1 - - 100 Prime (Condo), Dist. 2, HCMC 1 - - 350 Riviera Cove(Villa),

  25. Slide 25: Other Overseas Residential Landbank

    Other Overseas Residential Landbank Remaining Area Remaining Country Site KLL's stake Total Land Area Total GFA for Sale Units for Sale^ (sm) (sm) (sm) India Elita Promenade 51% 96,618 193,237 30,237 214 Elita Horizon 51% 79,177 150,680 150,680 1,138 Elita Garden Vista 37.74% 93,998 195,355 123,388

  26. Slide 26: Singapore Commercial; Sino-Singapore Tianjin Eco-City

    Singapore Commercial Continue To Benefit from Economic Recovery  MBFC and OFC to continue benefiting from flight to quality with new Grade A office buildings  Prime location close to major MRT stations and expressways  Continue to attract more commitments before completion and new tenants for exi

  27. Slide 27: Forward-looking statements notice

    This release may contain statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. You are cautioned not to place undue reliance on such statements, which are based on the current views of Management on future developments and

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