Milestones

january

• CapitaMall Trust (CMT) commenced quarterly distributions to Unitholders.

• CMT’s distributable income exceeded distribution forecast for the period from 2 August 2004 to 31 December 2004 by 6.4 percent.

march

• CMT was included as one of the 50 component stocks of the Straits Times Index (STI), the primary Singapore equity market barometer.

• CapitaMall Trust Management Limited (the Manager) of CMT handed over 55,000 sq ft of rent-free lettable space at Junction 8 office tower to the National Council of Social Service for their Voluntary Welfare Organisations.

april

• CMT’s distributable income exceeded distribution forecast for the period from 1 January 2005 to 31 March 2005 by 7.3 percent.

• CMT entered into a Sale and Purchase agreement with Hougang Town Central Development Pte Ltd and S28 Holdings Pte Ltd to acquire an aggregate of 92.4 percent of the total share values in Hougang Plaza for approximately S$39.2 million.

may

• CMT entered into a Sale and Purchase agreement with Ang Oon Hue Private Limited to acquire Sembawang Shopping Centre for approximately S$78.0 million.

• Funan The IT Mall was rebranded as Funan DigitaLife Mall to better reflect the tenant mix and the positioning of the mall. The rebranding programme was also tied in with the launch of Inbox5, a thematic zone on Level 5 with a focus on digital and electronic devices.

• At Tampines Mall, a designated Beauty Hub area was created by converting common corridor space into leasable space.

• At IMM Building, four glass kiosks were erected on Level 1 to maximise net lettable area.

june

• At Junction 8, construction of an open landscaped plaza, which includes a children’s playground, stage facilities and promotional space, was completed.

• CMT completed the acquisition of Sembawang Shopping Centre.

• CMT completed the acquisition of an aggregate of 92.4 percent of the total share values in Hougang Plaza.

• CMT entered into a Sale and Purchase agreement with Jack’s Place Holdings Pte Ltd to acquire approximately 4.3 percent of the total share values in Hougang Plaza for S$4.6 million.

july

• CMT’s distributable income exceeded distribution forecast for the period from 1 April 2005 to 30 June 2005 by 7.8 percent.

• CMT entered into a conditional Sale and Purchase agreement with BCH Retail Investment Pte Ltd, an associate of CapitaLand Limited, in respect of the acquisition of Bugis Junction at a purchase price of S$580.8 million.

• CMT entered into a Sale and Purchase agreement with Shaw Jurong Development Pte Ltd to acquire Jurong Entertainment Centre for approximately S$68.0 million.

august

• CMT completed the acquisition of approximately 4.3 percent of the total share values in Hougang Plaza.

 

september

• CMT won the ‘Most Transparent Company’ Award, REITs category, Securities Investors Association (Singapore) (SIAS) Investors’ Choice Award for the second year running.

• At Funan DigitaLife Mall, the installation of new escalators from Basement 3 to Level 1 was completed, improving access for shoppers from the car park.

october

• At an Extraordinary General Meeting on 6 October 2005, Unitholders passed, inter alia, an extraordinary resolution to acquire Bugis Junction.

• CMT entered into an agreement with Seiyu (Singapore) Private Limited (now known as BHG (Singapore) Pte. Ltd.) and The Seiyu, Ltd. for the surrender of 74,299 sq ft of net lettable area at Bugis Junction.

• CMT was granted Outline Permission by the Urban Redevelopment Authority to convert 45,267 sq ft of residential gross floor area (GFA) to retail GFA at Sembawang Shopping Centre.

• CMT’s distributable income exceeded distribution forecast for the period from 1 July 2005 to 30 September 2005 by 8.4 percent.

• CMT completed the acquisitions of Bugis Junction and Jurong Entertainment Centre.

• At Tampines Mall, the reconfiguration of the food kiosk area on Basement 1 was completed, increasing the total number of food kiosks from 13 to 18.

november

• CMT completed the transaction for the surrender of 74,299 sq ft of net lettable area at Bugis Junction.

december

• At Jurong Entertainment Centre, the amalgamation of two retail units to create a food court was completed.