Sing Holdings Ltd. · SGX:5IC
Sing — Shareholder Meeting (April 2026)
22 slides from Sing's shareholder meeting presentation, Apr 23, 2026
Slide 1: Welcome to Sing Holdings AGM 2026
Pride in Delivering Quality Developments Welcome to Sing Holdings AGM 2026 Thursday 23 April 2026 at 3.00 PM
Slide 2: Disclaimer
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 of a number of risks, uncertainties and assumptions. Past performance is not necessarily
Slide 3: Agenda
Agenda 1. Financial Performance for FY2025 2. Ten-Year Earnings Per Share 3. Financial Position as at 31 December 2025 4. Ten-Year Net Asset Value 5. Proposed Dividend for FY2025 6. Ten-Year Dividend Yield 7. Three-Year Share Price 8. Shareholder Return 9. Proposed Bonus Issue 10. Update on Properti
Slide 4: 1. Financial Performance
1. Financial Performance ($’000) 2025 2024 % Change Revenue 878,448 14,971 > 1,000% Gross profit 186,394 10,681 > 1,000% Profit attributable to shareholders 142,324 9,779 > 1,000% Earnings per share (in cents) 35.49 2.44 > 1,000% • Revenue increased to $878.4 million substantially from sales proceed
Slide 5: 2. Ten-Year Earnings Per Share
2. Ten-Year Earnings Per Share (cents) Earnings per share 40 35.49 35 30 25 20 15 11.31 10 6.55 5 4.13 2.78 2.45 2.70 1.99 2.44 0.82 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5
Slide 6: 3. Financial Position
3. Financial Position ($’000) 2025 2024 % Change Development properties 1,478,479 671,639 120% Interest-bearing bank loans 1,055,933 254,000 316% Net debt to equity ratio(1)(2) 1.48 times 0.53 times 179% Equity attributable to shareholders 460,254 318,109 45% Net asset value per share (in cents) 114
Slide 7: 4. Ten-Year Net Asset Value
4. Ten-Year Net Asset Value ($’000) Net asset value attributable to shareholders 500,000 $460.3m (114.78 cents/share) 450,000 400,000 79% 350,000 $256.7m (64.01 cents/share) 300,000 250,000 200,000 150,000 100,000 50,000 0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 7
Slide 8: 5. Proposed Dividend for FY2025
5. Proposed Dividend for FY2025 Final dividend 1.00 cent per share, one-tier tax exempt Special dividend 4.00 cents per share, one-tier tax exempt Type of dividend Cash Ex date Tuesday, 28 April 2026 Payment date Tuesday, 12 May 2026 8
Slide 9: 6. Ten-Year Dividend Yield
6. Ten-Year Dividend Yield 7.41% 5.0 7.5% 5.00 4.5 6.5% 4.0 5.5% 3.5 4.46% 4.5% 3.0 4.04% (cents) 2.5 3.5% 3.03% 2.99% 2.67% 2.0 3.03% 2.74% 2.5% 2.47% 1.85 1.5 2.27% 1.5% 1.375 1.0 1.20 1.00 1.00 1.00 1.00 1.00 1.00 0.5% 0.5 0.0 -0.5% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Dividend per s
Slide 10: 7. Three-Year Share Price
7. Three-Year Share Price 22 April 2026 Source: Reuters 10
Slide 11: 8. Shareholder Return
8. Shareholder Return • As of 22 April 2026, the Company’s share price closed at 84 cents per share. • One year ago, the share price was 34 cents per share ✓ Increase in share price of 50 cents per share ✓ Dividends at 5 cents per share this year ✓ Total shareholder return is 55 cents per share, whi
Slide 12: 9. Proposed Bonus Issue
9. Proposed Bonus Issue Bonus issue 1 bonus share for every 4 existing shares held Ex date Tuesday, 12 May 2026 Security credit date Friday, 22 May 2026 12
Slide 13: 10. Update on Properties
10. Update on Properties Residential Development at Chuan Grove • Total land cost – $1,327,510,000 ($1,355 per square foot per plot ratio) • 99-year leasehold tenure • Combined site area – 30,345.8 square metres (326,639 square feet) • Total gross floor area – 91,038 square metres (979,924 square fe
Slide 14: 10. Update on Properties
10. Update on Properties • Within 5 minutes’ walk to Lorong Chuan MRT Station which is about 250 metres away • 1 MRT stop to Bishan Station (interchange for North-South Line and Circle Line) and Junction 8 Shopping Mall • 1 MRT stop to Serangoon Station (interchange for North-East Line and Circle Li
Slide 15: 10. Update on Properties
10. Update on Properties • Proposed development may comprise* ✓ Five blocks of 1,055 apartment units, with a good mix of unit types ✓ seven retail shops ✓ a 1,000 square metre Early Childhood Development Centre • Project is intended to have one of the most comprehensive communal facilities in Singap
Slide 16: 10. Update on Properties
10. Update on Properties Hospitality Asset – Travelodge Docklands • Melbourne, Australia • 14-storey building, 291 rooms • Freehold, limited service hotel • Walking distance to Southern Cross Railway Station and Marvel Stadium • Close proximity to tourist attractions and commercial buildings 16
Slide 17: 10. Update on Properties
10. Update on Properties Hotel performance in FY2025: • Occupancy rates have declined slightly ➢ 2025 – 69% (2024 – 72%) • Average daily rates (ADR) have improved slightly ➢ 2025 – A$175 per day (2024 – A$169 per day) • Revenue per available room (RevPar) remained relatively stable ➢ 2025 – A$121 pe
Slide 18: 10. Update on Properties
10. Update on Properties Industrial Properties – BizTech Centre • Freehold light industrial building • Aljunied Road • Walking distance to the Mattar MRT station • Own 11 strata units totaling 1,041 sq. m. • Occupancy rate at 100% 18
Slide 19: 11. Outlook and Prospects
11. Outlook and Prospects • Outlook of global economy is uncertain due to the ongoing conflict in the Middle East, geopolitical tensions and trade tariffs resulting in supply chain disruptions, global inflationary pressure and therefore, rising interest rates. • The supply of new hotel rooms in Melb
Slide 20: 11. Outlook and Prospects
11. Outlook and Prospects INDEX PRIVATE RESIDENTIAL PRICE INDEX 220 217 216.4 215.1 215 213.2 211.1 210 209.4 206.1 204.7 205 204.3 200 195 Q1 2 4 Q2 2 4 Q3 2 4 Q4 2 4 Q1 2 5 Q2 2 5 Q3 2 5 Q4 2 5 Q1 2 6 Source: URA 20
Slide 21: 11. Outlook and Prospects
11. Outlook and Prospects UNITS PRIVATE RESIDENTIAL - NO. OF UNITS SOLD ANNUALLY (EXCLUDE EC) 14,000 13,027 12,000 10,815 10,000 8,000 6,421 7,099 6,000 6,469 4,000 2,000 0 Year 21 Year 22 Year 23 Year 24 Year 25 Source: URA 21
Slide 22: 11. Outlook and Prospects
11. Outlook and Prospects • The Group’s main focus for 2026 is on the execution of the Chuan Grove project. • Management is confident that the project will be well received ✓ close proximity to MRT station ✓ popular location ✓ a mature demographic composition • Unlike North Gaia, revenue from sales