Page 16 - ar2013

APRIL
– CapitaMall Trust
Management Limited
(CMTML) announced
the resignation of
Mr James Koh Cher Siang
from the Board of CMTML
as a Non-Executive
Director and as Chairman
of the Board, Chairman of
the Corporate Disclosure
Committee and Chairman
of the Investment
Committee and the
appointment of
Mr Danny Teoh Leong Kay
as Chairman of the Board,
Chairman of the Corporate
Disclosure Committee
and a member of the
Investment Committee
and Mr Lim Ming Yan
as Chairman of the
Investment Committee,
with effect from the
conclusion of the annual
general meeting on
17 April 2013.
– CMT MTN Pte. Ltd.
(CMT MTN), a wholly-
owned subsidiary of
CMT, increased the
limit of the US$2.0
billion unsecured
Euro-Medium Term
Note Programme to
US$3.0 billion.
– CMT’s DPU of 2.46 cents
for the period 1 January
2013 to 31 March 2013
was 7.0% higher than
that for 1 January 2012
to 31 March 2012.
Year in Brief
JANUARY
– Asset enhancement
works for Clarke Quay
were completed, with a
row of food & beverage
and entertainment
outlets at Block C and
Block E, as well as a new
and vibrant frontage
along River Valley Road.
– CMT’s distribution
per unit (DPU) of
9.46 cents for the
period 1 January 2012
to 31 December 2012
was 1.0% higher than
that for 1 January 2011
to 31 December 2011.
– Junction 8 saw the
completion of asset
enhancement works,
with enhanced
connectivity to the
Bishan Mass Rapid Transit
Interchange Station.
FEBRUARY
– CMT fully redeemed
the S$300.0 million
two-year retail
bonds under the
S$2.5 billion Retail
Bond Programme.
MARCH
– CMT established
the Distribution
Reinvestment Plan
(DRP), which allows
Unitholders to elect
to receive units in lieu
of part or all of the
cash amount of any
distribution to which
the DRP applies.
– Moody’s Investors
Service assigned an
‘A2’ issuer rating to CMT.
2013
MAY
– Westgate was awarded
the Green Mark
Platinum award,
the highest accolade
for green building
certification in
Singapore, from
the Building and
Construction Authority
(BCA). JCube and
Westgate obtained
the Universal Design
Mark GoldPlus award
and GoldPlus (Design)
award respectively.
Clarity 14 CapitaMall Trust Annual Report 2013