Perennial Holdings’ integrated strategy facilitates the maximisation of value in its real estate portfolio and healthcare and hospitality businesses. REAL ESTATE Own, develop and manage large-scale real estate projects, including transitoriented developments (“TODs”) with healthcare, commercial and hospitality components in core and high-growth markets Acquire assets which can be repositioned and redeveloped to extract embedded value Adopt strata-sale/ long-term hold strategy to better manage fund flows while maximising value from operating long-term assets CHINA, SINGAPORE, MALAYSIA AND INDONESIA SINGAPORE CHINA, SINGAPORE, MALAYSIA AND INDONESIA • Target large-scale mixed-use greenfield development projects strategically positioned in first-tier and second-tier provincial capitals and in close proximity to transportation hubs. • Introduce healthcare and hospitality real estate within TODs and integrated developments to create synergy between various components and enhance the value of the entire integrated development. • Leverage shareholders’ extensive networks, resources and expertise in the high growth and emerging markets. • Focus on acquiring urban renewal or rejuvenation projects which require international expertise. • Acquire properties which can be repositioned or redeveloped to create value. • Selectively acquire completed operational assets which will augment the stream of recurring income and provide further income stability. • Adopt a strata-sale or en bloc sale strategy for parts of the development for capital recycling purposes and to optimise the return on equity, with the remaining parts to be held for the long term. • Tap into additional sources of capital, recycle capital and reduce external financing requirements. • Retain an interest in long-term assets to enjoy the benefits of potential uplift in asset valuations, as well as recurring future income from these operational assets. • Optimise capital structure through a combination of onshore and offshore funding. CHINA • Perennial Tianjin South High Speed Railway (“HSR”) International Healthcare and Business City > See Page 60 • Perennial Kunming South HSR International Healthcare and Business City > See Page 62 • Chengdu East HSR Integrated Development > See Page 64 • Perennial Xi’an North HSR International Healthcare and Business City > See Page 67 • Hangzhou West HSR Integrated Development > See Page 69 • Beijing Tongzhou Integrated Development > See Page 71 MALAYSIA • The Light City, Penang > See Page 75 INDONESIA • The Sanctuary Collection, Greater Jakarta > See Page 77 SINGAPORE • The Skywaters > See Page 47 • Golden Mile Complex > See Page 48 • Perennial Business City > See Page 51 CHINA • Hangzhou West HSR Integrated Development > See Page 69 • Beijing Tongzhou Integrated Development > See Page 71 SINGAPORE • The Skywaters > See Page 47 • Golden Mile Complex > See Page 48 MALAYSIA • The Light City, Penang > See Page 75 INDONESIA • The Sanctuary Collection, Greater Jakarta > See Page 77 STRATEGIC PRIORITIES STRATEGY IMPLEMENTATION STRATEGIC HIGHLIGHTS Our Integrated Strategy 24 PERENNIAL HOLDINGS PRIVATE LIMITED
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