Perennial Holdings Private Limited - Annual Report 2023

OVERVIEW Corporate Profile Key Highlights 01 Chairman & CEO’s Statement (English) 10 Chairman & CEO’s Statement (Chinese) 14 Our Presence 18 Our Milestones 20 Our Business Model 22 Our Integrated Strategy 24 Board of Directors/Board Observer 26 Management Team 30 PERFORMANCE Shareholding Information 36 Business Overview 36 Business Structure 38 Financial Highlights 40 Financial Review 41 5-Year Financial Summary 43 BUSINESS REVIEW Singapore 44 The Skywaters 47 Golden Mile Complex 48 Capitol Singapore 49 CHIJMES 50 Perennial Business City 51 Parry Assisted Care Living 53 China 54 Perennial Tianjin South HSR International Healthcare and Business City 60 Contents Perennial Kunming South HSR International Healthcare and Business City 62 Chengdu East HSR Integrated Development 64 Perennial Xi’an North HSR International Healthcare and Business City 67 Hangzhou West HSR Integrated Development 69 Beijing Tongzhou Integrated Development 71 Renshoutang 72 Perennial Alzheimer’s Care Village Xi’an 73 Malaysia 74 The Light City, Penang 75 Indonesia 76 The Sanctuary Collection, Greater Jakarta 77 Portfolio at a Glance Real Estate 78 Healthcare 86 Hospitality 90 SUSTAINABILITY Sustainability Report 92 Corporate Governance 129 Risk Management 139 FINANCIALS Statutory Accounts 145 APPENDIX Supplemental Information 222 Corporate Information

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