OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX WHAT SETS US APART Integrated Play with a Focus on Healthcare Perennial Holdings is the owner, manager and operator of healthcare services, as well as owner, developer and manager of real estate assets. The Company’s healthcare portfolio spans a comprehensive suite of hospitals and medical centres and it has one of the largest private integrated eldercare continuums in China. Underpinned by its real estate strategy and hospitality services platform, the Company focuses strategically on large-scale transit-oriented developments to integrate its comprehensive medical care and eldercare businesses. Perennial Holdings enjoys a first-mover advantage in the defensive healthcare market, having pioneered the first private integrated medical care and eldercare ecosystem in China, strengthened by a partnership-heavy model with established healthcare providers. Strategic Locations Perennial Holdings specialises in large-scale, healthcare-centric and commercial-centric transitoriented integrated developments in high-growth cities. These integrated developments are strategically sited in close proximity to or seamlessly connected with major transportation hubs, such as high-speed railways or metro stations. These projects benefit from exceptional connectivity, positioning the Company to effectively serve the expanding local population while capturing demand from neighbouring cities. Fully In-House Integrated Platform Perennial Holdings’ well-established, fully integrated business platform across healthcare, real estate and hospitality is supported by dedicated in-house teams with a demonstrated track record in healthcare management, real estate management, hospitality services and capital management. The management team is also complemented by medical professionals experienced in clinical and healthcare management, as well as an international healthcare advisory panel. This platform enables Perennial Holdings to secure strategically located prime land, develop and manage the developments, extract maximum value and optimise operational efficiency and service delivery. Harnessing this collective expertise, Perennial Holdings continually enhances service excellence and drives innovation and sustainability while creating long-term value for stakeholders. 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 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, 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, Co-Vice Chairman of Perennial Holdings. – Perpetual Capital VCC: An investment holding company principally backed by a sovereign wealth fund in Southeast Asia and managed by investment professionals with expertise and networks across Asia. – Bangkok Bank Public Company Limited: One of Thailand’s largest banks and a leading regional bank in Southeast Asia, with a presence in nine ASEAN countries, as well as in major financial centres including China, Japan, the United Kingdom and the United States. 17 ANNUAL REPORT 2024
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