Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — CapitaLand — Merger or Acquisition (June 2021)
10 slides from Singapore Exchange's merger presentation, Jun 28, 2021
Slide 1: Divestment of Partial Stakes in Six Raffles City Developments in China
CAPITALAND LIMITED Divestment of Partial Stakes in Six Raffles City Developments in China 28 June 2021
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors incl
Slide 3: Transaction Overview
Divestment of Partial Stakes in Six Raffles City Developments in China: Transaction Overview Transaction Overview ❑ CapitaLand to divest partial stakes in a group of companies that own Raffles City Beijing six Raffles City (RC) developments in China for RMB46.7bn (~S$9.6bn), 55.0% → 30.0%1 a 6.7% pr
Slide 4: Raffles City Portfolio in China
Divestment of Partial Stakes in Six Raffles City Developments in China: Transaction Overview Raffles City Portfolio in China A leader in integrated developments Effective stake post transaction: 25.0% 30.0% 30.0% 12.6% 30.0% 30.0% 20.8% 30.4% 100.0% RC Changning RC Hangzhou RC Ningbo RC Shanghai RC
Slide 5: Profile Breakdown of Portfolio to be Divested
Divestment of Partial Stakes in Six Raffles City Developments in China: Transaction Overview Profile Breakdown of Portfolio to be Divested Quality assets diversified across six cities in China GFA1 By City Tier NPI2 By City Tier Valuation3 by Asset Type Lodging 6% Tier 2 Tier 1 Tier 2 Tier 1 Retail
Slide 6: Transaction Demonstrates CapitaLand's Ability to Tap Onshore Capital in China
Divestment of Partial Stakes in Six Raffles City Developments in China: Transaction Overview Transaction Demonstrates CapitaLand’s Ability to Tap Onshore Capital in China… Registration as Private Equity Fund Manager in China To Enhance CapitaLand’s Onshore Fund Management Position New Strategic Part
Slide 7: And On-going Discipline in Portfolio Reconstitution
Divestment of Partial Stakes in Six Raffles City Developments in China: Transaction Overview …And On-going Discipline in Portfolio Reconstitution Conscientious Pivot Towards New Economy Asset Classes Business Park, Residential, Industrial & Logistics Commercial Strata & 5% Urban Development 13% Impr
Slide 8: Conclusion
Divestment of Partial Stakes in Six Raffles City Developments in China Conclusion ➢ This landmark transaction further illustrates CapitaLand’s execution capability: • Ability to develop and significantly enhance the value of a sizeable portfolio; • Ability to create value and realise a credible fund
Slide 9: Glossary
Glossary Term Definition Fee Related Earnings; Refers to fund management and asset management related fee revenue from CLI’s listed funds and unlisted funds (private funds and/or investment vehicles (including but not limited to programs, joint FRE ventures and co-investments managed by our Group fr
Slide 10: Thank You
Thank You For enquiries, please contact Ms Grace Chen, Head, Investor Relations Direct: (65) 6713 2883 Email: grace.chen@capitaland.com CapitaLand Limited (https://www.capitaland.com) 168 Robinson Road #30-01 Capital Tower Singapore 068912 Tel: (65) 6713 2888 Fax: (65) 6713 2999 Email: groupir@capit