Month
Events
January
Raffles City Singapore was awarded the Green Mark Gold award by the Building and
Construction Authority (BCA).
Options to purchase office strata units of Westgate Tower were granted to a
consortium comprising Sun Venture Homes Pte. Ltd. and Low Keng Huat (Singapore)
Limited for S$579.4 million. The consortium exercised the options on 23 January 2014.
CMT’s distribution per unit (DPU) of 10.27 cents for the period 1 January 2013 to 31
December 2013 was 8.6% higher than that for 1 January 2012 to 31 December 2012.
February
CMT issued S$350.0 million seven-year retail bonds under the S$2.5 billion Retail
Bond Programme at interest rate of 3.08% per annum.
Bugis Junction was awarded the Green Mark Platinum award by BCA.
CMT MTN Pte. Ltd. (CMT MTN), a wholly-owned subsidiary of CMT, issued ¥5.0 billion
seven-year floating rate notes under its S$2.5 billion unsecured Multicurrency Medium
Term Note Programme (MTN Programme), which was swapped into S$62.0 million at
3.148% per annum.
April
CapitaMall Trust Management Limited (CMTML) announced the cessation of Mr Tan
Wee Yan, Wilson as a member of its Investment Committee with effect from 1 April
2014.
The S$350.0 million 2.125% convertible bonds due on 19 April 2014 were redeemed
upon maturity.
CMT’s DPU of 2.57 cents for the period 1 January 2014 to 31 March 2014 was 4.5%
higher than that for 1 January 2013 to 31 March 2013.
July
CMT’s DPU of 5.26 cents for the period 1 January 2014 to 30 June 2014 was 5.4%
higher than that for 1 January 2013 to 30 June 2013.
August
CMT MTN issued S$300.0 million 10-year fixed rate notes under its MTN Programme
at 3.48% per annum.
September
Phase two of the asset enhancement initiative for Bugis Junction was completed.
Together with the completion of phase one in 2013, the mall added more specialty
stores and now boasts an even wider selection of merchandise.
J.Avenue, a new retail zone in JCube commenced trading.
CMT was rated a Regional Sector Leader for Asia/Retail/Large Cap in the 2014 Global
Real Estate Sustainability Benchmark (GRESB) Survey.
October
CMT’s DPU of 7.98 cents for the period 1 January 2014 to 30 September 2014 was
5.7% higher than that for 1 January 2013 to 30 September 2013.
CMT was crowned the Winner of the Singapore Corporate Governance Award (REITs
& Business Trusts category) and Most Transparent Company Award (REITs & Business
Trusts category) at the Securities Investors Association (Singapore) Investors’ Choice
Awards 2014.
November
CMT MTN issued HK$650.0 million 10.5-year fixed rate notes under its MTN
Programme at 3.25% per annum, which was swapped into S$108.3 million at 3.25%
per annum.
December
CMT clinched a Certificate of Excellence at the IR Magazine South East Asia Awards
2014.
CMTML announced the resignation of Mr Ho Chee Hwee Simon as a Non-Executive
Non-Independent Director and as a member of the Corporate Disclosure Committee,
Executive Committee and Investment Committee; and the appointment of Mr Jason
Leow Juan Thong as a Non-Executive Non-Independent Director and as a member of
the Corporate Disclosure Committee, Executive Committee and Investment Committee
with effect from 22 December 2014.
Year in Brief 2014
Leading with Confidence | 31
