Integrated Play Our integrated real estate, healthcare and hospitality business strategy allows us to create synergy throughout our value chain. As owner, developer and manager of our real estate and as owner, operator and manager of healthcare and hospitality services, we are uniquely positioned to extract and capture the full value of multiple income streams, strengthening our ability to create sustainable value over time. Access to Networks and Resources Perennial Holdings’ shareholders have extensive networks, business experience in China, Singapore and other markets and experience in partnering with teams to drive growth. They comprise: – Mr Pua Seck Guan: Executive Chairman and Chief Executive Officer of Perennial Holdings, and Chief Operating Officer (Part-Time) and Executive Director of Wilmar International Limited (“Wilmar International”). – Mr Kuok Khoon Hong: Director of Perennial Holdings, and Chairman and Chief Executive Officer of Wilmar International. – Wilmar International: Asia’s leading agribusiness group and ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. – Mr Ron Sim: Co-Vice Chairman of Perennial Holdings and Executive Chairman of V3 Group Limited, a leading luxury group in the lifestyle and wellness business. – HOPU Investments: A leading alternative asset management firm with principal offices across Asia, helmed by Founder and Chairman Mr Fang Fenglei, who is also Co-Vice Chairman of Perennial Holdings. – Perpetual Capital VCC: An investment holding company principally backed by a sovereign wealth fund in the Southeast Asian region and managed by investment professionals with expertise and networks across Asia. WHAT SETS US APART Strategic Locations We focus on large-scale integrated developments comprising transit-oriented developments strategically located in close proximity or seamlessly connected to major transportation hubs in high-growth cities. Our developments’ prime location and excellent connectivity position us well to serve the burgeoning local population and catchment from neighbouring cities. Fully In-house Integrated Platform Our established and fully integrated real estate, healthcare and hospitality business platform is well-supported by in-house management teams with real estate management, healthcare management, hospitality management and capital management capabilities. The integrated platform enhances Perennial Holdings’ ability to secure strategically located prime land plots. In addition, it facilitates the extraction of value across the entire real estate value chain for different asset classes while seamlessly incorporating its diverse businesses’ build and operational requirements to deliver returns for its stakeholders. OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX 23 ANNUAL REPORT 2023
RkJQdWJsaXNoZXIy NTM2MDQ5