10 APRIL 2015
Completed the acquisition of a 30% interest and a 23.3%
interest in Beijing Tongzhou Integrated Development
Phase 1 and Phase 2 respectively (Deferred Beijing
Acquisition
3
under the RTO).
20 AUGUST 2015
Entered into a 55-45 JV with Shangri-La Asia Limited
to develop an over US$250 million (approximately
S$352 million) integrated development in Accra, Ghana,
marking Perennial’s maiden foray into Africa.
21 APRIL 2015
Entered into a 50-50 joint venture (“
JV
”) with IJM
Land Berhad to acquire and develop an over
MYR3 billion (approximately S$1 billion) waterfront
integrated development in Penang, marking Perennial’s
maiden foray into Malaysia.
3 JULY 2015
Entered into a 40-60 JV with Guangdong Boai Medical
Group Co., Ltd to expand into the hospital and medical
services business in China.
Repositioned Perennial Dongzhan Mall, Chengdu as
Perennial International Health and Medical Hub, Chengdu.
15 OCTOBER 2015
Secured Chengdu ParkwayHealth Hospital as an anchor
tenant at Perennial International Health and Medical
Hub, Chengdu.
23 OCTOBER 2015
First retail bond offering, with an initial size of
S$150 million three-year bonds paying 4.65% per
annum successfully closed with an oversubscription of
approximately 9.8 times for the Public Offer tranche. The
total offering size was increased to S$300 million to meet
the strong demand from public and placement tranches.
14 JANUARY 2016
Entered into a Memorandum of Understanding to
establish a 40-40-20 JV with Shanghai Summit Property
Development Limited and Shanghai RST Chinese
Medicine Co., Ltd to operate an eldercare and retirement
home in Chengdu East High Speed Railway Integrated
Development Plot D2.
15 JANUARY 2016
Divested the entire 1.46% interest in 112 Katong and
23.0% interest in Katong AMC Pte. Ltd., the asset
manager of 112 Katong.
4 MARCH 2016
Acquired an additional effective interest of about 3.68%
in Chinatown Point, comprising the retail mall and four
strata office units, thereby increasing Perennial’s effective
interest in the property from 1.47% to 5.15%.
Note:
All of the above artist’s impressions may differ from the actual view of the completed properties.
Unless stated otherwise, all foreign currency amounts in this report are converted into Singapore Dollars based on exchange rates as at
29 February 2016.
BUILDING LANDMARKS, CHARTING GROWTH
13
Annual Report 2015
