3rd Quarter - Keppel Land

ACROSSBORDERS
A KEPPEL LAND PUBLICATION
3RD QUARTER 2014 MCI (P) 006/03/2014
THE
HIGH LIFE
HIGHLIGHTS 04 Deal for Marina Bay Financial Centre Tower 3 07 BITING INTO THE BIG APPLE 15 Leading green developer
THIS ISSUE
19
As part of its commitment to engage and promote green practices among tenants, Keppel Land
and Keppel REIT have partnered Royal Philips (Philips) to offer tenants a solution to replace
existing lightings in its office premises on a zero capital expenditure scheme. Four tenants from
Bugis Junction Towers and Keppel Bay Tower have also formalised their interest in this initiative
with the signing of a memorandum of understanding with Philips on 9 September 2014
Sustaining Growth
In Focus
06 Raising stakes in The Estella
Empowering Lives
04 Deal for Marina Bay
Financial Centre Tower 3
07 Biting into the Big Apple
08 Divesting stake in Surabaya retail mall
09 Launch of China retail fund
10 Positive take-up at Highline Residences
11 Boosting bilateral relations
12 Progress momentum in Tianjin Eco-City
14 Strong strides in sustainability
15 Leading green developer
22
23
24
Engaging staff
Leading HR practices
Gaining insights
Celebrations abound
World of opportunities
Nurturing Communities
26 Helping hands
19 Winning partnerships
27 Cooking up a storm
20 Double wins at FIABCI
28 Supporting the arts
30 Giving back
Creative win
21 Inculcating a safe mindset
Seeding green behaviour
Our Accolades:
Most Sustainable Corporations in the World
Published for Keppel Land by the
Group Corporate Communications division of
Keppel Corporation Limited,
1 HarbourFront Avenue, #18-01, Keppel Bay Tower,
Singapore 098632.
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#03-12, Singapore 159456.
Cover image: Keppel Land’s latest residential project in Tiong Bahru, Highline Residences, has received positive response,
with more than a quarter of the 500 units sold during a closed-door sale held on 13 and 14 September 2014.
We believe all information in this newsletter to be current at the time of printing. Unless otherwise stated, all currencies are expressed in
Singapore dollars. No material contained in this publication should be reproduced without obtaining prior written permission from the
Group Corporate Communications department.
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An online version is also available at keppelland.com
04
Sustaining Growth
3Q/14
Deal for Marina Bay
Financial Centre Tower 3
Keppel Land, through its
wholly-owned subsidiary, Bayfront
Development Pte Ltd, has entered
into a conditional share purchase
agreement with RBC Investor Services
Trust Singapore Limited as trustee of
Keppel REIT, for the sale of its
one-third shareholding interest in
Marina Bay Financial Centre Tower 3
(MBFC Tower 3) to Keppel REIT.
The agreed value for the property is
$1,248 million or $2,790 psf, inclusive
of a five-year rental support of up to
an aggregate amount of $49.2 million.
The agreed value is in line with
Keppel Land’s independent valuation
by Colliers of $1,245 million as
at 28 August 2014, as well as
Keppel REIT’s independent
valuations by Cushman and Savills
of $1,281 million and $1,276 million
respectively as at 18 August 2014.
Mr Ang Wee Gee, CEO of Keppel Land,
said, “Over the course of the year, we
have seized opportunities to unlock
value in our portfolio and redeploy
our capital to deepen presence in
our core markets and opportunistically
enter into new ones. The timely
divestment of MBFC Tower 3 will
further strengthen Keppel Land's
financial position and also enable us
to pursue opportunities in new
commercial developments.“
The purchase consideration,
which was negotiated on a
willing-buyer and willing-seller basis,
has been reached at $710.1 million
(subject to completion and
post-completion adjustments).
Keppel REIT Management, the
Manager of Keppel REIT, intends
to fund the acquisition of the
two-year-old MBFC Tower 3 with
(i) part payment by way of issuing
Keppel REIT Units to Keppel Land,
(ii) net proceeds from the placement
of 195,000,000 new Units at the issue
price of $1.17, (iii) part of the sales
proceeds from the divestment
of the 16-year old Prudential Tower,
and (iv) additional borrowings.
MBFC Tower 3 is a 46-storey Grade A
office tower with ancillary retail space.
The office tower is part of
Marina Bay Financial Centre,
a landmark integrated development
with a prime waterfront address at
Singapore’s new financial district,
and comprises three premium
Grade A office buildings, luxury
apartments and a subterranean
retail mall.
Ms Ng Hsueh Ling, CEO of the
Manager, said, “Singapore, supported
by positive economic fundamentals,
continues to be a sought-after
destination for businesses and
multinational corporations seeking to
deepen and expand their presence in
the fast-growing Asian region.
Keppel REIT's latest acquisition of
Marina Bay Financial Centre Tower 3 will
strengthen its position as the leading landlord in
Singapore's Central Business District
Sustaining Growth
3Q/14
05
KEY PROPERTY INFORMATION
Description
46- storey premium Grade A commercial
building with ancillary retail space
Total Net Lettable Area (NLA)
1,341,980 sq ft
No. Of Tenants [1]
49
Principal Tenants [1]
DBS Bank, WongPartnership, Rio Tinto,
McGraw-Hill, Booking.com,
Mead Johnson and Lego
No. Of Car Park Lots
357
Tenure
99 years commencing from March 2007
Building Age
Two years
Occupancy [1]
Approximately 94%
Weighted Average
Lease Expiry (By NLA) [1]
7.0 years
[1] As at 31 August 2014
“MBFC Tower 3, with its excellent
location and premium office building
specifications, will be a strategic
addition to Keppel REIT’s portfolio.
The acquisition of MBFC Tower 3 and
the divestment of Prudential Tower will
enhance and transform Keppel REIT’s
portfolio in terms of age and quality
of assets, as well as improve the
portfolio property fundamentals to
ensure long-term sustainable income
to Unitholders.”
The transaction will yield for Keppel Land
a net divestment gain of about
$95.5 million upon completion, derived
after deducting the book value of the
investment and excluding gain arising
from Keppel Land's 44.93% effective
interest in Keppel REIT.
approximately 43.8%. Approximately
93% of Keppel REIT's Singapore
portfolio will be located within the
prime Raffles Place and Marina Bay
financial precincts.
Following Keppel REIT's
announcement of the proposed
acquisition, rating agency Moody's
issued a report that it expects
MBFC Tower 3 to “improve the quality
of the trust's property portfolio and
enhance income diversification.”
Moody's has also reiterated that the
acquisition has no immediate impact
on Keppel REIT's rating of Baa2
with stable outlook.
refinancing minimises refinancing risk
for the next 12 to 18 months providing
comfort at this rating level.“
Moody's stable outlook on Keppel REIT
reflects the trust's ability to continue
to generate stable cash flows from its
portfolio, driven by steady occupancy
levels and positive rental reversions.
The outlook also incorporates
the rating agency's expectation for
Keppel REIT to maintain its financial
discipline when pursuing growth
and to keep its credit profile within
targeted parameters.
On a pro forma basis, had the
divestment been effected on
31 December 2013, Keppel Land's net
tangible assets per share would have
increased from $4.52 to $4.58.
Mr Alan Greene, Vice President and
Senior Credit Officer of Moody's, said,
“We expect Keppel REIT will reap the
benefit of having greater pricing power
as we expect that the occupancy
rate at core CBD area to continue to
improve on the back of tight supply
over the next 12 to18 months.
Mr Ang added, “We are also on track to
grow our fund management business.
The addition of MBFC Tower 3
will increase Keppel REIT’s assets
under management to over $8.1 billion,
entrenching its position as the
leading landlord of premium Grade A
buildings in the Raffles Place and
Marina Bay precincts.”
The Company’s gearing ratio
would improve from 38.3% as at
31 December 2013 to about 29.1%
post divestment. Post-acquisition,
Keppel REIT is expected to have
an aggregate leverage ratio of
“While we foresee this acquisition as
adding slightly to the trust's leverage,
we expect the leverage ratio to remain
under 45%. Furthermore, Keppel REIT's
strong interest coverage of over four
times and its proven proactive debt
The acquisition, consideration Units
to be issued to Keppel Land as well
as the whitewash resolution are
subject to the approval of Unitholders
of Keppel REIT at an extraordinary
general meeting.
ACROSS BORDERS
06
Sustaining Growth
3Q/14
Raising stakes in The Estella
Keppel Land, through its wholly-owned
subsidiary, Keppel Land Estate Pte. Ltd,
has entered into a conditional
share purchase agreement with its
Vietnamese partner, Tien Phuoc, for
the acquisition of an additional 43%
effective stake in The Estella Phases
Two and Three held by Tien Phuoc in
the Estella Joint Venture Company
Limited (Estella Joint Venture).
The Company currently holds a 55%
stake in Estella Joint Venture. Upon
completion of the transaction scheduled
in end-2014, Keppel Land will hold a
total of 98% interest in Phases Two
and Three of the development.
The Estella is a residential
development comprising more
than 1,500 apartments with a retail
component located in the popular An
Phu Ward, District 2, Ho Chi Minh City
(HCMC), Vietnam. Phase One of The
Estella has been completed.
It comprises 719 units which have
been fully sold and handed over
to homebuyers, except for four
penthouse units which were recently
released for sale.
improving infrastructure and declining
interest rates will also support demand
for housing.
Mr Linson Lim, President (Vietnam),
Keppel Land, said, “Keppel Land has
been growing with Vietnam since the
1990s and is one of the pioneer real
estate developers in the country.
The acquisition of Phases Two
and Three in The Estella reflects
Keppel Land’s long-term commitment
to contribute to the sustainable
urbanisation of Vietnam with our
quality portfolio of properties.”
“We are confident that the subsequent
phases of the development will
enjoy the same positive demand
from homebuyers and investors
seeking quality properties with strong
attributes and value offerings.”
Phase Two, targeted for launch in early
2015, is expected to yield more than
500 homes ranging between 60 sm to
180 sm, including penthouses.
Mr Lim added, “We remain confident
in the long-term growth potential
of Vietnam's property market. It has
a young and dynamic population
and a growing middle-class with
strong aspirations for home ownership.
The city's high urbanisation rate,
The Estella is a 15-minute drive to
HCMC’s central business district (CBD)
via the East-West Highway and
Thu Thiem Tunnel. Families with
school-going children will appreciate
the site’s close proximity to reputable
international schools such as the British
International School, International
School of HCMC-American Academy,
European International School and
Australian International School.
The Estella is also located close to the
future metro station which will open in
2018 and which will connect residents
seamlessly from the CBD to District 9
of the city.
Capitalising on the market recovery in Vietnam,
Keppel Land has raised its stake in The Estella
Phases Two and Three from 55% to 98%
Sustaining Growth
3Q/14
07
Future residents can look forward to the
panoramic views of Manhattan’s city skyline
when they move into Keppel Land’s first
residential development in the United States
Biting into the Big Apple
Keppel Land has made its maiden
investment in the United States (US)
with a prime residential development
in New York City. Keppel Land’s total
investment in the project is about
US$70 million.
Located on the Upper East Side in
Manhattan, the property will also
have a retail component. It will be
developed by Macklowe Properties
(Macklowe), an established New York
real estate developer whose
quality portfolio in the city includes
the Metropolitan Tower, a luxury
residential development, as well as
432 Park Avenue, the tallest residential
building in the western hemisphere.
The investment will be managed by
the Company’s fund management
subsidiary, Alpha Investment Partners.
Mr Ang Wee Gee, CEO of Keppel Land,
said, “For our first investment in the US,
we are partnering one of New York’s
top developers and will be able to
tap on Macklowe’s deep insights,
rich experience and keen knowledge
of the local market. With this prime
property, we hope to meet the
demand for well-located quality homes
in one of the world’s leading business
and financial capitals.
“Keppel Land will continue to
invest opportunistically in key global
cities with good growth potential,
while remaining focused on Asia,
with Singapore and China as our
core markets.”
The property is located in an
established residential neighbourhood
in Manhattan, on the boundary of
Upper East Side and Midtown East.
It is conveniently located within
walking distance to the subway station
on Lexington Avenue and 59th Street,
and is a five-minute walk from office
developments such as the Citigroup
Building and the Metlife Building.
Future residents can also look
forward to the diverse range of
amenities and entertainment options
around Midtown Manhattan. It is just
blocks from Central Park, New York’s
national historic landmark, and is
near numerous luxury designer and
fashion boutiques such as the
flagship outlet of high-end
department store, Bloomingdales.
The residential market in Manhattan
remains strong. According to
a 2Q 2014 report by Douglas Elliman
Real Estate, Manhattan faces a low
inventory for condominiums. Listing
inventory fell to a 14-year low of
4,164 units in 4Q 2013 but rose by
18% year-on-year (y-o-y) to 5,659
in the second quarter this year,
which is still considered low for a
highly competitive market. Monthly
absorption rate edged 0.5 months
y-o-y to 5.1 months in 2Q 2014, well
below the 8.4 months average of the
past decade.
ACROSS BORDERS
08
Sustaining Growth
3Q/14
Divesting stake in
Surabaya retail mall
continue to drive demand for quality
homes and investment-grade offices in
the country.”
Keppel Land, through its whollyowned subsidiary, PT Keppel Land,
has entered into an agreement to
sell its 80% effective shareholding
in BG Junction, a strata-titled retail
development in Surabaya, Indonesia,
to Silverise Enterprise Ltd and
PT Pelangi Arjuna, for approximately
Rp 400 billion (S$42.8 million).
Silverise Enterprise Ltd currently owns
a 20% stake in the retail development.
The sale is expected to result in an
after-tax profit of about S$12.5 million
for Keppel Land.
The retail mall is currently about
95% occupied with anchor tenants
such as Carrefour hypermarket,
Cahaya Departmental Store and
Hartono Electronic.
Mr Sam Moon Thong, President
(Indonesia) of Keppel Land, said,
“We constantly review our portfolio to
maximise returns and redeploy capital
to new projects. Indonesia remains
one of Keppel Land’s key growth
markets, where we are focused on
the Greater Jakarta region.
Keppel Land’s portfolio of projects
in Indonesia includes International
Financial Centre Jakarta (IFC), located
on a prime site along Jalan Jendral
Sudirman in Jakarta’s Central Business
District, a three-hectare residential
site in West Jakarta acquired earlier
this year, as well as Ria Bintan, an
integrated resort comprising hotels
and championship golf courses.
Located near the Central Business
District in Jalan Bubutan, BG Junction
comprises a six-storey retail mall with a
net floor area of about 47,000 sm and
an adjoining multi-storey car park.
“The medium to long term market
outlook for Indonesia remains positive,
supported by a large population
base, an expanding middle class and
increasing urbanisation, which will
Keppel Land is currently developing
Tower 2 of IFC, a 48-storey Grade A
office building. When completed in the
second half of 2015, Tower 2 will offer
about 50,000 sm of net lettable area.
Keppel Land has entered into an agreement to
sell its 80% shareholding in BG Junction,
a six-storey retail mall in Surabaya, Indonesia
Sustaining Growth 09
3Q/14
Launch of China retail fund
In an exclusive interview with PERE, a publication dedicated to the world's private real
estate markets, MD of Alpha Investment Partners (Alpha), Ms Christina Tan, shares the
company’s plan to launch a fund focused on the Chinese retail sector by end-2014.
Across Borders reproduces extracts of the interview.
Keppel Land’s fund management
arm, Alpha, is looking to launch an
$800 million evergreen fund focused
on the Chinese retail sector, especially
in the Yangtze River Delta region.
According to Ms Tan, it is in talks with
existing investors about forming a
property fund to capture opportunities
in the market.
This follows the success of Alpha and its
co-investors’ combined 80% investment
in Life Hub @ Jinqiao in February 2013,
which has outperformed the firm’s
underwriting by 11.
The property fund would be set up as
a joint venture with Chongbang, its
partner for Life Hub @ Jinqiao.
Ms Tan shared that Chongbang has
also had success with multiple other
malls in Shanghai.
She shared, “Chongbang has done
well for itself and has been invited by
the government to consider other sites
for redevelopment. That will help us to
get the land at a reasonable price.”
Following their partnership for Life Hub @ Jinqiao
(in photo), Alpha and Chongbang will once again
be collaborating to set up a fund focused on
Chinese retail by end-2014
Even though there is an oversupply of
retail space in China, Ms Tan believes
that a good partner in China is
essential because Chinese developers
that understand what shoppers need
are few and far between.
For now, Alpha is opening the
fund to only a handful of its current
international investors that intend
to keep the assets for the longer
term. Alpha will also explore
making the fund open-ended to
allow investors to further add
capital at a later stage.
“There are a number that have been
investing in the China retail sector
with us already and have seen how
the sector is trending,” Ms Tan said.
The vehicle will involve a mixture
of development and repositioning
investments to prepare for
long-term hold, targeting
core-plus returns overall.
In order to meet the growing
competition from e-commerce,
Ms Tan also shared that Alpha and
Chongbang will need to work to
differentiate their malls.
E-commerce tends to target the lower
price range market, so successful malls
need to target the middle class. Services
like entertainment, dining, cinema and
luxury lifestyle cannot be filled by the
e-commerce industry, and these are
the kind of tenants that Alpha will
be seeking.
With $10.5 billion in funds under
management, Alpha manages both
core-plus and value-added funds.
Most recently, Alpha divested
J6 Front, an eight-storey
office-cum-retail building in Tokyo
for its $1.18 billion Alpha Asia Macro
Trends Fund (AAMTF) I, and made a
$550 million exit out of Equity Plaza
in Singapore for one of its core-plus
funds at a six times equity multiple.
Last July, Alpha hauled $1.65 billion
for follow-on fund AAMTF II, which is
already more than one-third invested.
Source: PERE, “AIP eyes launch of $800m China retail
fund” by Michelle Phillips, 24 July 2014
ACROSS BORDERS
10
Sustaining Growth
3Q/14
Positive take-up at
Highline Residences
Homebuyers have picked up
more than a quarter of
the total 500 units DURING
A CLOSED-DOOR SALE
Keppel Land has received positive
response for its latest residential
development in Singapore,
Highline Residences. More than
80% of the 160 released units were
sold at an average price of close to
$1,900 psf during a closed-door sale
for registered prospects held on
13 and 14 September 2014. Private
previews had been held earlier
for registered prospects over the
preceding two weekends.
Situated along Kim Tian Road,
Highline Residences is the first new
private housing to be launched in
Tiong Bahru in seven years. A short
stroll from the Tiong Bahru and
More than a quarter of the 500 total units at
Highline Residences have been sold following a
closed-door sale for registered prospects held
over one weekend on 13 and 14 September 2014
future Havelock MRT stations,
the development is less than a
10-minute drive from Orchard Road,
the Central Business District and the
integrated resorts at Marina Bay
and Sentosa Island.
Designed by award-winning architect
Mok Wei Wei of W Architects,
Highline Residences comprises 500
units spread across three residential
towers and four low-rise blocks.
Unit sizes range from one- to fourbedroom units, as well as penthouses.
Inspired by New York City’s High Line,
a public park built on a historic
elevated rail line, Highline Residences
features an elevated green ridge
spanning 180 metres, which boasts
recreational and communal facilities.
Green-thumbed residents will enjoy
growing herbs, spices and fruits at
the rooftop communal garden facility.
Those looking to entertain can do so
at one of the two rooftop function
rooms, which offer stunning panoramic
views of the city, or in the spacious
comfort of their own homes that have
high ceilings of up to 3.2 metres.
Residents can also look forward
to privileged membership and
personalised concierge services,
including limousine and housekeeping
services, as well as complimentary
golfing at the award-winning
Ria Bintan Golf Club.
One of the first public housing
estates in Singapore, Tiong Bahru is
steeped in history and culture. Today,
it is a trendy neighbourhood where
the historic and modern co-exist
seamlessly, home to new food and
lifestyle outlets that share shop fronts
with stalwarts established in the 1940s.
Sustaining Growth
3Q/14
11
Boosting bilateral relations
Keppel hosted Chinese delegations
in Singapore and China in an effort to
continue strengthening ties between
both nations .
SINGAPORE
As part of the annual Global Green
Economic Forum, Keppel Land
hosted a group of eco-business
delegates from China to showcase its
green waterfront developments on
4 September 2014.
The delegates were introduced to
Keppel Bay in Singapore, where
they toured the award-winning
Marina at Keppel Bay, as well
as the show gallery of Keppel Land’s
latest residential development,
Corals at Keppel Bay.
(From left to right) Mr Xie Zhongfan, Executive Vice Mayor of Zhongshan Municipal Government;
Mr Xue Xiaofeng, Secretary of CPC Zhongshan Municipal Committee; Mr Edmund Ho Hau Wah,
Vice Chairman of the 12th CPPCC and former Chief Executive of Macau; Mr Liao Jingshan, Director of the
Hong Kong and Macau Affairs Office of Guangdong Provincial People’s Government; Mr Lin Xiquan,
Secretary of the CPC Zhongshan Shenwan Town Committee, visited the Keppel Cove project site
ZHONGSHAN
On the same day, Mr Edmund Ho
Hau Wah, Vice Chairman of the
12th Chinese People's Political
Consultative Conference (CPPCC)
and former Chief Executive of Macau,
visited Keppel Cove, Keppel Land’s
integrated residential-cum-marina
lifestyle development in Shenwan
Town, Zhongshan, Guangdong
Province, China. Mr Ho was
accompanied by Mr Liao Jingshan,
Director of the Hong Kong and
Macau Affairs Office of Guangdong
Provincial Government.
Receiving the visitors were Simon Goh,
Assistant GM (Zhongshan), Keppel
Land China, and municipal leaders
including Mr Xue Xiaofeng, Secretary
of the Communist Party of China (CPC)
Zhongshan Municipal Committee and
Mr Xie Zhongfan, Executive Vice Mayor
of Zhongshan Municipal Government.
The Shenwan officials explained how
they intend to leverage the town’s
geographical advantage to develop it
into an international tourist destination
anchored on yachting.
Mr Chua Kay Chuan (centre, with microphone), Deputy CEO of SSTEC, briefed the APS delegation on
the Tianjin Eco-City during a visit on 11 September 2014 (Source of photograph: SSTEC)
Located on MoDao Island in Shenwan
Town, Keppel Cove will comprise 250
landed homes with private berths and
158 berths for the yachting community.
Some 42 villas of the development’s first
phase will be launched in 2015.
TIANJIN
On 11 September 2014,
Sino-Singapore Tianjin Eco-City
Investment and Development Co., Ltd.
(SSTEC) hosted a 34-strong delegation
led by Mr Wong Kok Hoi, Founder and
CIO of APS Asset Management Ptd Ltd,
a Singapore-based boutique fund
management firm.
After being briefed on the Sino-Singapore
Tianjin Eco-City (Tianjin Eco-City)
project, the delegation visited the
Eco-Valley, Low-Carbon Living Lab,
No. 3 Neighbourhood Centre, Qing Jing
Lake, Hua Qiang Fantawild Adventure
Theme Park, as well as the Eco-City
International Country Club. SSTEC,
a 50-50 joint venture formed by a
Keppel-led Singapore consortium and
a Chinese consortium, is the master
developer of the Tianjin Eco-City.
ACROSS BORDERS
12
Sustaining Growth
3Q/14
SSTEC welcomes General Motor’s EN-V 2.0
zero-emission Electric Networked-Vehicles into the
Tianjin Eco-City (Photograph courtesy of SSTEC)
Progress momentum in Tianjin Eco-City
The Sino-Singapore Tianjin Eco-City
(Tianjin Eco-City), the landmark
bilateral project between Singapore
and China, is progressing steadily
in establishing itself as a thoughtleader in developing green solutions,
as well as a vibrant model satellite
city and an exemplary city of
economic dynamism.
Due to its strong track record in
China and elsewhere in the world,
as well as its distinct blend of core
competencies, the Keppel Group
was entrusted to lead the Singapore
consortium for the Tianjin Eco-City,
and works closely with its Chinese
consortium partner to guide the 50-50
joint venture, Sino-Singapore Tianjin
Eco-City Investment and Development
Co., Ltd. (SSTEC)
Chevrolet EN-V 2.0 and its team into
the Tianjin Eco-City.
This is a three-way collaboration
between SSTEC, GM and the
Sino-Singapore Tianjin Eco-City
Administrative Committee (ECAC),
and marks the start of a demonstration
project aimed at studying the usage of
low-speed, green transportation tools
for daily commuting.
The Chevrolet EN-V 2.0 will be
deployed in the Eco-Business Park and
the National Animation Industry Park
while GM’s team will operate out of
the Eco-Business Park.
GREEN WHEELS
Said Mr Ho Tong Yen, CEO of SSTEC,
“We are very pleased to work
with GM and ECAC to explore
green solutions to urban
transportation challenges.
On 19 June 2014, SSTEC welcomed
General Motors’ (GM) zero-emission
Electric Networked-Vehicles –
“We welcome GM’s decision to use
the Tianjin Eco-City for the testing and
demonstration of their new Electric
Networked-Vehicle, and look forward
to further expanding our cooperation
with GM in future.”
CROSS-BORDER RMB DEALS
Separately, companies in the
Tianjin Eco-City can now diversify
their funding sources to better
meet their financing needs under an
initiative announced by the People’s
Bank of China Tianjin branch on
9 July 2014.
The initiative allows eligible
companies and individuals in
the Tianjin Eco-City to conduct
cross-border Renminbi transactions
with Singapore.
The initiative is an added dimension
to the many areas of cooperation
between Singapore and China in
the Tianjin Eco-City that include
urban planning, environmental
protection, green buildings and
public housing.
Sustaining Growth
3Q/14
13
NEW PARTNERSHIPS
New projects were signed at
the seventh Singapore-Tianjin
Economic and Trade Council (STETC)
meeting, co-chaired by Singapore’s
Minister for National Development,
Mr Khaw Boon Wan and
Tianjin Mayor, Mr Huang Xingguo
on 30 July 2014. The projects
spanned environmental, education
and logistics services sectors.
Keppel Offshore & Marine Technology
Centre (KOMtech), the design and
engineering arm of Keppel Offshore &
Marine (Keppel O&M), signed a
Memorandum of Understanding
(MOU) with the ECAC to set up an
engineering and technology foresight
unit in the Tianjin Eco-City.
The unit will carry out engineering
work to support Keppel O&M’s
projects in Singapore, monitor the
development needs and trends in
the offshore and marine industry,
and engage in technology foresight
research work.
It is also expected to complement
Keppel O&M’s existing engineering
office located in Shenzhen, Guangdong.
SSTEC also signed four agreements at
the STETC meeting which saw more
companies establishing a presence
there. The first agreement is with
education provider Ivy Group (Ivy),
which will see Ivy leasing a second
school building to expand its presence
in Tianjin Eco-City.
SSTEC also signed an agreement with
Dynamiker Biotechnology (Tianjin),
which will set up an office and a
research & development (R&D) facility
in the Eco-Business Park.
In addition, SSTEC signed an
MOU with Tianjin Eco-City Green
Building Research Institute (GBRI) to
undertake research in the areas of
green building management, green
building technology and sustainable
urbanisation.
On the sidelines of the meeting,
Keppel Group showcased its presence
in Tianjin and the rest of China at an
exhibition of Singapore companies
investing in Tianjin.
Having ventured into China since
the 1980s, Keppel has expanded its
presence into 23 Chinese cities to
meet China’s urbanisation needs with
sustainable solutions.
The third agreement is between
SSTEC and Allied Gain Holding
Group Ltd (Allied Gain). Allied Gain,
which engages in a wide range of
business activities, will invest in the
development of their company’s
headquarters and an R&D centre in
the Eco-Business Park.
(Front row) Keppel Corporation's Chief Representative (China), Mr Goh Toh Sim (left), and Vice Chairman of ECAC, Mr Yang Zhize (right), signed the MOU
between KOMtech and ECAC for an engineering and technology foresight unit in the Tianjin Eco-City. The ceremony was witnessed by (back row, from left)
Singapore’s Minister for National Development Khaw Boon Wan, Tianjin Mayor Huang Xingguo, Tianjin Binhai New Area Party Secretary Yuan Tongli and
Tianjin Vice-Mayor Ren Xuefeng (Photograph courtesy of SSTEC)
ACROSS BORDERS
14
Sustaining Growth
3Q/14
Strong strides in sustainability
The Keppel Land Group has consistently demonstrated
strong commitment and drive towards sustainability, and
has made strong strides in recent months.
SUSTAINABILITY REPORT
KEPPEL LAND LIMITED
CONFIGURED
FOR GROWTH
Keppel Land’s 2013 Sustainability
Report, published in June 2014,
is in accordance with Global Reporting
Initiative (GRI)’s latest G4 guidelines.
The Company is the first in Asia to
report at a ‘Comprehensive’ level.
CONFIGURED FOR GROWTH
Sustainability Report 2013
Sustainability Report 2013
The report focuses on material issues
that have been identified through
consultations with both internal and
external stakeholders. These include
economic performance, health and
safety, compliance, environmental
impact, labour practices and social
responsibility.
Keppel Land released its 2013
Sustainability Report in June 2014
The report has been assured externally
by independent third parties in
accordance with GRI guidelines,
the AA1000 Assurance Standard on
Assurance Engagements 3000
(ISAE 3000).
The Company also released a
Chinese version of its annual and
sustainability reports, available at
www.keppelland.com.
INTERNATIONAL INDICES
Keppel Land has retained its position
in the Dow Jones Sustainability
World and Asia Pacific Indices 2014
for the fourth and fifth consecutive
year respectively.
In addition, the Company has
retained its position on both the
Morgan Stanley Capital International
(MSCI) Global Socially Responsible
and Sustainability Indices since June
2012 and 2013 respectively, and is also
on the MSCI World Environmental,
Social and Governance (ESG) Index
which consists of large and mid-cap
developed market companies.
REGIONAL LEADER
Keppel REIT has ranked first and
is named the Regional Leader for
Office Sector (Large Cap) in Asia in
the Global Real Estate Sustainability
Benchmark (GRESB) 2014. This is the
first year that Keppel REIT has been
assessed and ranked against real
estate industry players worldwide.
The annual survey, which saw
participation from 637 entities,
saw Keppel REIT emerge among the
top three across all entities and sectors
in Asia, as well as the top 5% in the
same sectors globally.
Ms Ng Hsueh Ling, CEO of
Keppel REIT, said, “Beyond
accolades, the recognition by
GRESB is a reflection of our
commitment to continually shape
the future by improving our
business operations and efficiencies,
positioning ourselves as the employer
of choice and positively impacting the
lives of those around us.”
An internationally-recognised
benchmark, GRESB assesses
companies for excellence in
integrated organisational approach
towards measurement and
management of environmental key
performance indicators.
In Focus
15
Leading
green developer
For Keppel Land, the month
of September 2014 had been
a busy one as the company
initiated and participated in
a series of meaningful green
activities in conjunction with
THE Singapore Green Building
Week, which was held from
1 to 7 September 2014.
Ocean Financial Centre, with
its iconic green features, was
a showcase as an eco-icon
at the Singapore Green
Building Week
ACROSS BORDERS
16
In Focus
3Q/14
GREEN SUPPORTER
Keppel Land and Keppel REIT
displayed firm support towards
greening environments during the
International Green Building Conference
held at Marina Bay Sands from
1 to 3 September 2014. Keppel Land
came onboard as a Gold Sponsor,
while Keppel REIT participated as one
of the Green Mark Tour Hosts.
Organised by the Building and
Construction Authority of Singapore
(BCA), the annual conference
serves as a platform for local and
international industry stakeholders
and the community-at-large to explore
opportunities and address challenges
on environmental sustainability for
the built environment through
plenary sessions, workshops and
tours to leading green developments
in Singapore.
Mr Lim Tow Fok, Keppel Land's GM of
Property Management and Knowledge
Management, was among the
distinguished speakers.
In his presentation on engaging
building occupiers on sustainability,
Mr Lim shared that the Company
recognises the need to inculcate a
‘green’ mindset amongst tenants,
and has formulated a detailed
programme which includes outreach
activities, talks and bazaars to
promote eco-consciousness.
The conference also included a series
of tours showcasing Singapore’s
exemplary Green Mark buildings.
Ocean Financial Centre, one of
Keppel's five BCA Green Mark
Platinum buildings, was one
of the destinations.
DRIVING GREEN INNOVATION
In walking the green talk,
Keppel Land has pledged its
support for BCA’s Green Buildings
Innovation Cluster. The cluster
serves as the central focal point
to reinforce the national drive
towards greater energy efficiency
as well as to streamline, coordinate
and disseminate building energy
efficiency-related activities. It will
be a one-stop hub to experiment,
exhibit and exchange knowledge
of promising building energy
efficient solutions with industry
stakeholders.
Keppel Land joins seven other
Green Mark Champions on this
initiative, they being Ascendas,
CapitaLand, City Developments,
Housing Development Board,
JTC Corporation, Nanyang
Technological University and
National University of Singapore.
The partnership establishment
ceremony took place at the
International Green Building
Conference during the
BCA Breakfast Talk for CEOs on
3 September 2014, at which Mr Tan
Swee Yiow, President (Singapore)
of Keppel Land, represented the
Company.
The ceremony was witnessed by
Guest-of-Honour Mr Lee Yi Shyan,
Senior Minister of State for Ministry
of National Development and
Ministry of Trade and Industry.
Keppel Land, together with seven other partners,
has pledged its support to BCA’s Green Buildings
Innovation Cluster. Representing the Company
at the partnership establishment ceremony was
Mr Tan Swee Yiow, President (Singapore) of
Keppel Land (third from right)
3Q/14
In Focus
17
LAUDED FOR EFFORTS
Asia Pacific Regional Network
Leadership Awards
Keppel Land was once again
recognised for its commitment to
sustainability. The Company has
emerged as one of the winners
among a pool of seven finalists in
the inaugural World Green Building
Council Asia Pacific Regional Network
Leadership Awards in Green Building,
under the category of Business
Leadership in Sustainability.
The awards ceremony was held on
3 September 2014 in conjunction
with the Singapore Green Building
Council's fifth anniversary dinner.
Mr Tan Swee Yiow, President
(Singapore) of Keppel Land, received
the award on behalf of the Company
from Guest-Of-Honour Dr Vivian
Balakrishnan, Minister for the
Environment and Water Resources.
The judges commended the
Company’s comprehensive reporting
processes, which include sustainability
key performance indicators for staff.
Representing Keppel Land at the World Green Building Council Asia Pacific Regional Network Leadership
Awards was Mr Tan Swee Yiow (far right) who received the ‘Business Leadership in Sustainability’ Award
from Guest-Of-Honour Dr Vivian Balakrishnan (second from right), Minister for the Environment and Water
Resources. Ms Jane Henley (first from left), CEO, World Green Building Council and Er Ng Eng Kiong (second
from left), President, Singapore Green Building Council witnessed the presentation
The Glades at Tanah Merah (pictured) was
among the developments conferred the
LEAF Award by the National Parks Board
“Senior management’s commitment
and willingness to engage in greening
the (built environment) is obvious, and
deserving of recognition,” the judges said.
Ocean Financial Centre, developed
by Keppel Land and owned by
Keppel REIT, was also among
the eight finalists in the Leadership
in Sustainable Design and Performance
category. The award celebrates
innovative green building projects that
reduce carbon emissions and other
environmental impacts, while cutting
costs and driving higher levels of health
and productivity for building occupants.
LEAF Awards
Keppel Land’s residential projects,
Highline Residences and The Glades,
have attained the Landscape
Excellence Assessment Framework
(LEAF) certification by the National
Parks Board (NParks).
Continues on page 18 »
ACROSS BORDERS
18
In Focus
“Besides engaging and
educating tenants with our
Green Fit-Out and Green
Office Operation Guides,
we have formed a Tenants
Go-Green Committee,
comprising representatives
from our various commercial
buildings. Alongside other
initiatives which include
complimentary environmental
gap analysis for tenants in our
commercial buildings, we aim
to raise eco-awareness and
encourage more stakeholders
to join us in our green journey.”
Mr TAN SWEE YIOW
PRESIDENT (SINGAPORE) OF Keppel Land
3Q/14
WATER EFFICIENT BUILDINGS
Ocean Financial Centre and
Prudential Tower have been
awarded the Water Efficient
Building (Silver) certification
by the Public Utilities Board.
The certification was
presented in a ceremony on
25 September 2014.
Ocean Financial Centre, with its
state-of-the-art energy-efficient
and environmentally-friendly
technologies, utilises a myriad
of sustainable features and
Mr Toh Wah San, Senior VP,
innovative applications, such
Asset Management, Keppel REIT,
as harvesting rainwater for the
shared, “We believe that
irrigation of rooftop gardens,
resource efficiency is not only our
responsibility, but also makes good recycling condensate water for
the cooling tower as well as
business sense. Ocean Financial
using water-efficient tap fittings,
Centre, as well as all of the other
Keppel REIT buildings, bear
contributing towards saving
42 million litres of water annually.
internationally-recognised green
» Continued from page 17
Singapore Environmental
Achievement Awards
Ten winning developments were
presented the LEAF certification in a
ceremony on 19 August 2014.
At the Singapore Environmental
Achievement Awards (SEAA) 2014,
Tanah Sutera, the joint venture
developer of Keppel Land’s integrated
township of Taman Sutera in Johor Bahru,
swept the Merit Award (Regional)
for contributions towards environmental
sustainability.
Mr Tan said, “We are honoured to
have been conferred the LEAF Award
by NParks for The Glades at
Tanah Merah and Highline Residences.
This follows the recognition for
Corals at Keppel Bay and
158 Cecil Street – Keppel Land
developments which were conferred
the inaugural awards last year.
certifications. We are encouraged
by this latest accolade and will
continue our efforts towards a
more sustainable future.”
As a socially responsible developer,
Tanah Sutera introduced
various green initiatives within
the township to create and nurture
a sustainable community.
“Greening a development provides
both tangible and intangible value
to a property as it not only improves
energy efficiency, but also enhances
the well-being of our residents with
better air quality, clean water as well
as a healthy environment. ”
In July 2014, the team at Tanah Sutera
also celebrated the opening of
Sutera Mall’s Good Earth Centre.
The Centre processes food waste
from the mall’s F&B outlets into usable
compost for the integrated township.
Launched in 2013, LEAF recognises
developments that incorporate
outstanding green landscaping.
It is the first scheme in Singapore
dedicated to the provision and
management of greenery.
Mr Steven Shum, GM of Tanah Sutera,
said, “We aim to nurture and cultivate
a zero-waste mindset among our
residents and tenants. Our most
recent win at the SEAA spurs us
on as we strive towards this goal.”
MAKING A MARK
Tenants and visitors will soon be able
to easily identify green buildings with
the display of the Green Mark plaque
on building entrances, lobbies and
atriums of buildings conferred by
the BCA.
Eight building owners and developers,
including Keppel Land, received the
plaque from Ms Denise Phua,
Mayor of Central Singapore,
District Mayor, at BCA's green
building exhibition held at Bugis+
on 5 September 2014.
The plaque was introduced by BCA
to recognise developers’
achievement in building and
operating a sustainable property,
and also to showcase their
achievement to visitors.
Said Mr Tan, “The BCA Green Mark
Plaque, awarded to Ocean Financial
Centre, recognises our continual
efforts to develop properties that
harmonise with the environment
as well as enhance the well-being
of the community.“
Sustaining Growth
3Q/14
19
Winning
partnerships
Keppel Land has partnered
Royal Philips to replace its existing
conventional office lamps with
energy-efficient LED lighting on a zero
capital expenditure (capex) scheme to
reduce lighting energy consumption
in its office premises by up to 60%.
This is also the first time Philips has
embarked on such an initiative in
Singapore for office buildings.
The agreement was signed on
9 September 2014 between Mr Tan
Swee Yiow, President (Singapore) of
Keppel Land, and Ms Harjit Gill,
CEO, ASEAN and Pacific of Royal
Philips, in the presence of Mr Ang
Wee Gee, CEO of Keppel Land,
Ms Ng Hsueh Ling, CEO of Keppel
REIT Management, Mr Frans van
Houten, President and CEO of Royal
Philips, as well as Mr Lam Siew Wah,
Deputy CEO (Industry Development)
of the Building and Construction
Authority of Singapore (BCA).
As part of its commitment to engage
and promote green practices among
tenants, Keppel Land and Keppel REIT
have also extended the scheme to
their tenants.
Tenants from Bugis Junction Towers,
namely Cathay Pacific, PremierWills
and REC, as well as The Swatch
Group from Keppel Bay Tower,
have formalised their interest in
this initiative with the signing of a
memorandum of understanding with
Philips on the same day.
Under the zero capex scheme,
Philips will offer LED lighting with no
upfront capital investment required.
The cost savings from the lower
energy consumption from the LED
lighting will be shared between the
parties for an agreed time period,
following which the savings will be
enjoyed by Keppel and its tenants for
their respective premises.
Keppel Land has partnered Philips to replace its existing conventional office lamps with energy-efficient LED
lighting. At the signing of the agreement was (front row, from left) Mr Tan Swee Yiow, President (Singapore) of
Keppel Land and Ms Harjit Gill, CEO (ASEAN and Pacific) of Royal Philips. It was witnessed by (second row, from
left) Mr Lam Siew Wah, Deputy CEO (Industry Development), BCA; Mr Ang Wee Gee, CEO of Keppel Land;
Mr Frans van Houten, President and CEO of Royal Philips; and Ms Ng Hsueh Ling, CEO of Keppel REIT
Mr Ang said, “We believe this is the
first time a landlord has worked out
a scheme with a lighting vendor
to offer a solution to replace
existing lightings in office premises
without upfront cost to tenants.
“We encourage all our tenants at
Keppel Bay Tower and Bugis Junction
Towers to join us in our green journey
as we continue to improve our
environmental performance.
We hope to eventually roll out this
scheme to all of the buildings under
the Keppel Land Group.”
Ms Gill concurred, “The launch of this
first commercial zero-capex lighting
model is a significant milestone for both
our businesses, and we thank Keppel
for supporting our vision as we work
towards fulfilling BCA’s third Green
Building Masterplan, encouraging
building tenants to play a bigger role in
the green building movement.”
Mr Lam said, “We are heartened
that Keppel Land is working with its
tenants to reduce energy usage in
its properties. This is in line with the
focus of BCA’s third Green Building
Masterplan in pushing for greater
owner-tenant collaboration. As
tenants contribute to nearly half of a
building’s total energy consumption,
this joint effort and commitment by
both landlord and tenants to reduce
energy usage and adopt energy
efficiency measures can enhance the
total building’s energy performance
significantly. We hope to see more
of such mutually beneficial landlordtenant collaborations in future.”
If all the tenants at Keppel Bay
Tower and Bugis Junction Towers
come on board the scheme, overall
annual savings of 1.5 million kWh, or
$400,000 per annum, is expected.
These savings equate to the energy
required to power about 250
five-room HDB apartments in
Singapore for one year.
The third Green Building Masterplan
was launched at the opening
ceremony of the International
Green Building Conference 2014,
of which Keppel Land was a Gold
Sponsor (read more on page 16).
ACROSS BORDERS
20
Sustaining Growth
3Q/14
Double wins at FIABCI
In recognition of its excellence in
design and architecture,
Ocean Financial Centre and
Marina Bay Suites were conferred
the coveted International
Real Estate Federation FIABCI
Singapore Property Awards under
the Office and Residential (High Rise)
categories, respectively.
With this win, both properties will
go on to participate in the highly
acclaimed FIABCI Prix d’Excellence
Awards 2015.
Participants were evaluated on
aspects such as concept, architecture
and design, development and
construction, finance and marketing,
Creative win
Keppel Land’s brand advertisement for Corals at Keppel Bay (right) has been
conferred the Bronze award under the category of Print Single/Campaign Chinese at the SPH iink Awards held on 1 August 2014. Into its 10th year, the SPH
iink Awards is organised by the Singapore Press Holdings (SPH) to celebrate
and honour the best print advertisements and the creative people behind
them. Receiving the award on behalf of the Company was Keppel Land’s GM of
Marketing, Mr Albert Foo (left picture, fourth from left), together with the team
from DDB Group Singapore, the creative agency behind the advertisement
as well as environmental impact and
community benefit.
The award ceremony was held on
13 August 2014 at Parkroyal on
Pickering hotel.
Sustaining Growth
3Q/14
21
Inculcating a safe mindset
As one of Asia’s premier property
developers, Keppel Land upholds
safety as a top priority in its projects
both locally and overseas.
SINGAPORE
Held on 8 August 2014, the seventh
instalment of Keppel Land’s Annual
Consultants and Contractors Health
and Safety Meeting saw over
120 Keppelites, consultants and
contractors coming together to share
best practices in safety.
To commend the efforts of project
teams and contractors who have made
significant contributions towards safety
excellence, Safety Recognition Awards
were given out to project teams of
The Luxurie, Ocean Financial Centre
Phase Two, Marina Bay Suites and
The Lakefront Residences.
In his opening remarks, Mr Loh Chin Hua,
CEO of Keppel Corporation
and Chairman of Keppel Land,
commended the project teams for
their achievements. He reiterated that
safety is a collective responsibility and
that all stakeholders should embrace
a strong innovative spirit, which,
coupled with valiance, will reinforce
the Company’s safety foundation.
In addition, as part of the Company’s
business continuity efforts, safety
drills were held at Keppel Land’s
headquarters at Bugis Junction Towers
as well as Marina at Keppel Bay
on 30 June 2014. Employees carried
out the response plan for a severe
haze outbreak, which included
disseminating information on the
Pollutant Standards Index and
instructions to work from home.
MALAYSIA
For its good efforts in upholding
safety best practices at The Seed,
one of the residential projects situated
within Keppel Land’s joint venture
development of Taman Sutera, the
Company was invited by Malaysia’s
Department of Occupational Safety
and Health (DOSH) to share on some
of its processes at the Safety & Health
Officer Seminar on 26 August 2014
at the DOSH headquarters in Johor
Bahru. The seminar is a satellite event
of Malaysia’s International Conference
on Occupational Safety and Health
2014 held in Kuala Lumpur.
The Seed is also one of the projects
shortlisted for the DOSH Workplace
Safety Awards which will be held in
November 2014.
MYANMAR
On 30 August 2014, Keppel Land held
its first safety seminar in Myanmar
at Sedona Hotel Yangon. Invited
guests included top engineers in
Yangon, some of whom were from the
government sector.
Held at the Inya Room of Sedona
Hotel Yangon, speakers at the seminar
included Mr Peter Jones, GM,
Workplace Safety and Health,
Keppel Land, who shared on the
Group’s safety practices across its
various projects in the region.
Keppel Land’s appointed contractor for
the extension of Sedona Hotel Yangon,
Woh Hup, also shared on the
practices implemented onsite during
construction, which is currently ongoing.
GLOBAL PLATFORM
Keppel Land's position as an industry
leader in terms of workplace safety
and health was reinforced at the
World Congress on Safety & Health at
Work in Frankfurt, Germany from
24 to 27 August 2014.
During the congress, Keppel Land's
Director of Workplace Safety and
Health Mr John Birchall was invited as
a panelist in a dialogue session on the
topic of Diversity in the World of Work,
in relation to occupational health and
safety. During the session, Mr Birchall
shared on Keppel Land's systems
and practices that are in place to
overcome challenges companies may
have when working in a culturally
diverse environment.
As safety is a top priority at Keppel Land,
regular events are held for the sharing of
best safety practices. The Company’s Annual
Consultants and Contractors Health and Safety
Meeting (pictured) is one such platform
ACROSS BORDERS
22
Empowering Lives
3Q/14
Mr Ang Wee Gee (first row, sixth from left), CEO of Keppel Land, took the chance to
interact with staff from HCMC, Vietnam, at a cocktail session in August 2014
Engaging
staff
With people as the cornerstone of
Keppel Land’s business, CEO Mr Ang
Wee Gee took the chance to interact
with local staff during his recent visit to
Ho Chi Minh City (HCMC), Vietnam.
Close to 30 Keppel Land staff from
various departments attended a
cocktail session at Intercontinental
Saigon Hotel on the evening of
13 August 2014.
Mr Ang took the chance to update
the staff on the Company’s
performance and corporate strategy,
as well as the challenges ahead.
He also shared the rationale behind
Keppel Land’s brand philosophy
– Thinking Unboxed – which was
unveiled last year, and reiterated the
importance of continually innovating
to stay ahead of competition.
Leading
HR practices
As an employer of choice,
Keppel Land continually improves
and innovates work processes and
initiatives within the Company for
the benefit of its employees.
For its efforts and systems,
Keppel Land was lauded at the
Singapore HR Awards held on
11 July 2014. Organised by the
Singapore Human Resource Institute
(SHRI), the awards recognise leading
best practices in various aspects of
human capital management.
After a rigorous judging process,
the judging panel, comprising
representatives from the academia,
HR profession and various government
bodies, conferred Keppel Land
three awards including Leading HR
Practices in Learning and Human
Capital Development as well as special
mentions in the Talent Management,
Keppel Land received
multiple accolades at the
Singapore HR Awards
2014. Representing the
Company was Mr Chan
Kam Fai, GM (HR)
Retention and Success Planning as
well as Compensation and Rewards
Management categories.
Receiving the awards on behalf
of the Company, Mr Chan Kam Fai,
GM (HR) of Keppel Land, said,
“We are honoured to receive these
accolades which recognise the
progress of ongoing collaborative
efforts between the HR department
and other units to build an engaged,
pro-learning and dynamic organisation
that will enable us to stay competitive
in an increasingly challenging
business environment.”
Standing firm to its commitment to
uphold good labour practices and
as a supporter of human rights,
Keppel Land has been a signatory to
the United Nations Global Compact
(UNGC) since 2011, and has pledged
its commitment to the UNGC’s
10 universal principles in the areas
of human rights, labour standards,
environmental protection and
anti-corruption.
Empowering Lives
3Q/14
23
Gaining
insights
To keep its directors and employees
abreast of the latest regulatory
requirements, Keppel REIT
organised an anti-money laundering
(AML) talk conducted by KPMG on
13 August 2014.
Under the regulations of the Monetary
Authority of Singapore, all employees
and officers of a capital market
services licence holder have to be
regularly trained on AML laws
and regulations.
Keppel REIT organised an
anti-money laundering talk
conducted by KPMG on
13 August 2014
During the training, Keppel REIT
directors and staff learnt how money
launderers and the financiers of
terrorism could exploit vulnerabilities
in organisations, as well as the
various due diligence procedures the
organisation can undertake to reduce
its risk exposure.
Celebrations
abound
The Chinese Mid-Autumn Festival is an annual
occasion when Keppel Land employees bond over
Chinese tea and mooncakes, as well as pit their
wits against one another with lantern riddles.
In Singapore, Keppel Land held its annual
Mid-Autumn celebration on 5 September 2014
at the Company’s headquarters in Bugis Junction
Tower. Senior management and staff engaged
in fun activities such as the penning of wishes on
lanterns before releasing them (left photo).
In Malaysia, staff of Tanah Sutera, Keppel Land’s
joint venture company, enjoyed scrumptious
mooncakes during a celebration at Sutera Mall on
29 August 2014 (photo below).
ACROSS BORDERS
24
Empowering Lives
3Q/14
World of opportunities
The saying “the world is
your oyster” is especially
apt for Keppelites as
the Keppel Group has
businesses in over
30 countries.
As an employer of
choice, Keppel Land
seeks to provide its staff
opportunities which allow
them to be stretched to
their fullest potential.
Across Borders profiles
two employees who
have left their home
countries in search of
new experiences and
adventures abroad.
VENTURING INTO VIETNAM
Thirty-year old Wayne Teo jumped at
the chance when presented with
the opportunity to work in Keppel
Land’s office in Ho Chi Minh City
(HCMC), Vietnam, for two years
under the Finance Management
Development programme.
Working in a foreign country may be
daunting to some due to language
barriers, but Wayne has never been
one to back down from a challenge.
It has also always been his dream to
spread his wings and work abroad.
Leaving the comfort of home, Wayne,
previously Assistant Finance Manager
at Keppel Telecommunications &
Transportation in Singapore, ventured
forth to assume his new role as
Financial Controller at Keppel Land
(Vietnam). Wayne now oversees the
finances for various trading properties,
including those which have been
launched for sale, as well as
properties that are in the initial
stages of development.
“This is an exciting role for me as I
am now exposed to the operational
side of the business and am given
the opportunity to work closely
with various departments, including
Projects and Marketing.”
More than a year into his secondment,
Wayne has not only built relationships
with the locals, he has also learnt to be
more flexible in embracing different
working styles.
“People have different personalities
and things may not always turn out the
way you want them to. I have learnt
to take things in my stride, adapt and
work around the situation.
“I try to put myself in others’ shoes
and think from their perspective.
Reminding myself that we share
different customs and values has
helped me to be more understanding
and tolerant towards things that come
my way, both good and bad,” he said.
When he is not busy with work, Wayne
enjoys exploring different parts of
Vietnam. He has visited coastal towns
and islands such as Nha Trang and
Phu Quoc, which are known for their
white sandy beaches. Having yet
to explore central Vietnam, Wayne
looks forward to soaking in the famed
breathtaking scenery of the imperial city
of Hue, the charming old town of Hoi
An and the historical ruins of My Son.
When asked about his biggest
challenge living abroad, he laughed,
“I suppose it will be doing my own
laundry and cooking my own meals!”
Keppel Land is one of the pioneers
and largest foreign real estate
investors in Vietnam with a diverse
portfolio of properties in Hanoi,
Ho Chi Minh City, Dong Nai and
Vung Tau including Grade A offices,
residential properties, integrated
Financial Controller at Keppel Land (Vietnam),
Wayne Teo (second from right), celebrates with his
colleagues at the company’s year-end party in 2013
Empowering Lives
3Q/14
townships and award-winning serviced
apartments.
With 19 licensed projects across
Vietnam and a pipeline of about 22,000
homes, Keppel Land is establishing
itself as the developer of choice,
distinguished by quality and
innovative lifestyle concepts.
individuals how to sail through
RYA-accredited courses, ranging
from Competent Crew to
Day Skipper. She also trains
corporates in teambuilding.
25
Keppel Bay Sailing Academy welcomes
Nicky Marsh (second from right) onboard as its
Royal Yachting Association Cruising Instructor
and Corporate Business Development Manager
Nicky is no stranger to the Academy.
Back in 2010, she trained under Chief
Instructor, Lynnette Leong, for her
Competent Crew course.
COMING ONBOARD
Her passion for the sun and sea
started when she was a mere threemonth old in Burnham on Sea, Essex,
United Kingdom (UK). Heavily influenced
by her frequently seafaring parents who
took her along on sailing trips when she
could barely crawl, Nicky Marsh always
knew that sailing was in her blood.
Forty-four years on, Nicky is proud to
be the newest addition to Keppel Bay
Sailing Academy. As its Royal Yachting
Association (RYA) Cruising Instructor
and Corporate Business Development
Manager, Nicky’s role involves training
Since then, she has familiarised
herself with the other members of the
Academy, having completed all other
RYA courses with Keppel Bay Sailing
Academy before returning to the UK to
complete the RYA Yachtmaster Offshore
and Cruising Instructor courses.
She shares, “Thank you, Keppel, for
this opportunity to share what I love
doing with lots of people. For me,
there is nothing better than being out
sailing – to be away from everything,
including phone signals and Wi-Fi.
It’s just you, the boat, the wind and
the water. Pure bliss!”
ACROSS BORDERS
26
Nurturing Communities
3Q/14
Keppelites from Keppel Land’s Tianjin office and
the children from Xiangyu Autism Mutual Aid
Association had a splashing fun time at a water
park in Tanggu District, Tianjin City
Helping hands
Keppelites participated in a variety of community activities
over the months of August and September in a bid to
enrich lives of those in need.
AIDING DEVELOPMENT
Since August 2013, which was
inaugurated as Keppel Community
Month, Keppel Land’s Tianjin team
has been holding regular outings with
children from Xiangyu Autism Mutual
Aid Association to help them learn
and develop.
On 24 July 2014, the volunteers
accompanied the children to a
water park in Tanggu District of
Tianjin City where they enjoyed a
splashing good time in the sun whilst
fostering meaningful friendships.
Through regular engagement with the
association, Keppel Land is working to
raise awareness and understanding of
children with autism.
SSTEC donated RMB100 for each
participant, raising RMB15,000
(about S$3,000) for the Eco-City
Volunteer Association in aid of
eco-friendly initiatives.
SPRINGING TO HELP
In response to the 6.5-magnitude
earthquake which jolted Ludian
County, Zhaotong City in the
southwestern province of Yunnan,
China, on 3 August 2014, employees
from Spring City Golf & Lake Resort
(Spring City), stepped forward
to render support to disaster
relief efforts.
WALK FOR GOOD
A charity auction was organised by
Spring City during the Singapore
National Day Golf Tournament held
on 9 August 2014.
Around 150 residents and staff of
Sino-Singapore Tianjin Eco-City
Investment and Development Co., Ltd.
(SSTEC) gathered at the Sino-Singapore
Tianjin Eco-City for a 2-km charity
walkathon during SSTEC’s fifth
anniversary celebration on 25 July 2014.
Over 120 members and guests
supported the event, including
Guest of Honour Mr Loh Tuck Wai,
Consul-General of Singapore in
Guangzhou, and his wife Mrs Joyce Ho.
A total of RMB 70,000 was raised
from the event.
Nurturing Communites
3Q/14
27
Spring City also worked with
China’s Zhang Lianwei Sports
Foundation to organise the 2014
Charity Golf Tournament (Kunming)
at its premises on 16 August 2014,
raising a further RMB 40,000 towards
relief efforts.
In total, employees from across
Keppel Land’s 10 projects in China
donated RMB 214,000 to the relief
fund which will be used to help
students affected by the earthquake,
especially those in rural villages.
In deciding how to effectively allocate
the funds , employees of Spring City
also visited the affected families of
Ludian County on 18 September 2014
where they met the local Education
Bureau to discuss how to render help to
the needy families and students.
Witnessed by Mr Loh Tuck Wai (centre), Consul-General of Singapore in Guangzhou, Spring City’s
Property Head Mr Wee Jwee Pang (right) and coordinator for Corporate Social Responsibility initiatives
Chia Lee Ping (left) donated RMB 70,000 which was raised during the Singapore National Day Golf
Tournament held on 9 August 2014
The team at Keppel REIT spent a meaningful afternoon with children from
MINDSville@Napiri in a workshop where they picked up some basic culinary skills
Cooking up a storm
Children from MINDSville@Napiri
played junior masterchefs in the
afternoon of 20 June 2014 at a culinary
workshop organised by Keppel REIT.
Together with the Keppel REIT team,
the children exercised their creative
juices and cooked up a storm using
simple ingredients for their
handmade bento boxes.
After having their appetites
whetted, the children were
treated to a hearty chicken pasta
meal specially prepared by event
conductor Cookyn Inc.
This is the fifth consecutive year
that Keppel REIT has partnered
MINDSville@Napiri.
Through this activity, Keppel REIT
hopes to empower the children with
basic culinary skills to help them
reintegrate into the community.
ACROSS BORDERS
28
Nurturing Communities
3Q/14
Supporting
the arts
The Keppel Land group
believes in engaging the
community through arts
and culture, and lent its
support to various events
in the months of June to
September 2014.
ROOTING FOR THE ARTS
Keppel REIT was the venue partner for root, an
art exhibition featuring works from eight young
Singaporean artists
Keppel REIT was the venue partner for
root, an art exhibition featuring works
from eight young Singaporean artists.
Held over two weeks from 27 June
to 11 July 2014 at the lobby of
Ocean Financial Centre, the
exhibition aimed to inspire
Singaporeans to re-examine their
understanding of identity and home.
This is also part of Keppel REIT’s
ongoing efforts to engage its tenants
as well as those working in the Raffles
Place and Marina Bay vicinity.
root was held in partnership with the
National Arts Council (NAC) and the
National Youth Council.
MELODIES IN THE CITY
In line with its efforts to bring
classical musical to the masses,
a concert was held at the
lobby of Ocean Financial Centre
on 24 September 2014, showcasing
performances by winners of
Symphony 92.4 FM’s Young Talents
Project, a talent search for the region’s
brightest classical music prodigies
aged 15 and below.
Separately, in August 2014, as part
of the collaborative efforts between
Raffles Quay Asset Management
(RQAM), the building manager of
Marina Bay Financial Centre and
One Raffles Quay, and NAC to
bring arts closer to where people
Over the month of
August, visitors to
Marina Bay Link
Mall were treated
to a variety of
interactive arts,
activities and
performances
live, work and play, a new Arts in
Your Neighbourhood programme
was introduced.
At Marina Bay Link Mall, visitors
were treated to the fiery passion
of traditional Flamenco music and
dance, as well as a repertoire of world
music showcasing the versatile violin,
together with a fusion of classic jazz
tunes and Indian instruments.
Working professionals in the vicinity
also attended lunchtime workshops
held at One Raffles Quay where
they picked up tips on appreciating
and collecting art, and made clay
sculptures as part of a community
art project.
CEO of RQAM, Warren Bishop said,
“We are delighted to work with NAC
to bring the arts into the spaces we
manage, to increase the vibrancy of
the area for our office tenants and
the community.
“Through offering our spaces, we also
want to provide opportunities
for artists to showcase their work,
while helping Singapore's art
scene flourish.”
As part of NAC’s Silver Arts
Programme which seeks to engage
senior citizens through arts
workshops, a ‘Silver Arts’ exhibition
will be held at Marina Bay Link Mall
from 17 to 24 October 2014.
3Q/14
LANTERN CARNIVAL
As a firm supporter of Chinese arts
and culture, Keppel Land sponsored
$40,000 towards the Mid-Autumn
Festival @ The Gardens, which was
held from 4 to 14 September 2014.
Jointly organised by the Chinese
Newspapers Division of Singapore
Press Holdings (SPH), People's
Association and Gardens by the Bay,
the event attracted over 800,000
visitors who reveled in the display
of unique and colourful lanterns
depicting iconic cultural elements from
all over the world as well as legendary
Chinese characters.
In addition to the lantern displays,
the event featured song and dance
performances by local and overseas
artistes, and interactive cultural
activities such as Chinese chess
competitions, lantern riddles and
Chinese tea art appreciation sessions,
as well as calligraphy and art painting
demonstrations.
Launched in 2007, the SPH
Mid-Autumn Festival aims to
preserve Chinese customs and
traditions, and promote Chinese
culture to the masses.
Shining proudly like
a pair of peacocks was
the Keppel Landsponsored lantern
set for the
Mid-Autumn
Festival 2014
Nurturing Communites
29
30
Nurturing Communities
3Q/14
Giving back
From philanthropic efforts to caring
for the environment, the Keppel Land
Group is committed to contributing to
communities wherever it operates.
RUNNING FOR GOOD
Keppel Land was a proud sponsor
of the Run for Life charity run on
19 July 2014, contributing $10,000
towards the event.
Some 30 Keppel Land staff, together
with their family members, also took
the opportunity to spend a meaningful
Saturday morning as participants of
the run.
Guest-of-Honour Mr Seah Kian Peng,
MP of Marine Parade GRC and Deputy
Speaker of Parliament, presented a
token of appreciation to sponsors for
their contributions.
Participants were also excited to
meet Emeritus Senior Minister
and MP of Marine Parade GRC,
Mr Goh Chok Tong, who graced
the event.
Keppel Land staff, together with their families, participated in Life Community Services Society’s Run for
Life on 19 July 2014 where they met Emeritus Senior Minister and MP of Marine Parade GRC Mr Goh Chok Tong
Organised by Life Community
Services Society, the event raised
over $600,000 in support of
educational and support programmes
which will reach out to more than
1,000 underprivileged children
and youths at-risk.
GARDEN FUN
In line with nurturing a green
mindset among its employees,
over 60 Keppel Land staff visited the
Singapore Garden Festival held at
Gardens by the Bay on 20 August 2014.
Jointly organised by the National Parks
Board and Gardens by the Bay, the
nine-day biennial event is a showcase
of how greenery can be seamlessly
incorporated into Singapore’s urban
infrastructure in a sustainable environment.
To generate excitement for the event,
Keppel Land’s Corporate Social
Responsibility committee organised
a best-dressed contest with prizes
awarded to staff who took the effort to
dress according to the festival’s garden/
floral theme, using accessories made of
recycled materials.
Seeding green behaviour
In their continued efforts
to promote environmental
awareness and inculcate a green
mindset, volunteers from the
Sino-Singapore Tianjin Eco-City
Investment and Development Co., Ltd
(SSTEC), the master developer of the
Sino-Singapore Tianjin Eco-City
(Tianjin Eco-City), staged a short play
at Tianjin Binhai Foreign Languages
School on 19 June 2014.
Students and teachers from Tianjin Binhai
Foreign Languages School pledged their
support towards a more sustainable lifestyle
on green leaf-shaped stickers
Titled “My Eco-Lifestyle”, the play was
well-received by some 150 primary
school students and teachers. Through
the play, the audience learnt how
everyone, including children, can help
protect the environment by doing
simple tasks, such as sorting waste
before disposal and adopting simple
water-conserving habits.
Encouraged by the play, the students
also pledged their support towards a
more sustainable lifestyle, by writing
their action plans on green leafshaped stickers.
The Keppel Group was entrusted
to lead the Singapore consortium
for the Tianjin Eco-City, and works
closely with its Chinese consortium
partner to guide the 50-50 joint
venture, SSTEC.
INTERNATIONAL NETWORK
SINGAPORE
Keppel Land Limited
230 Victoria Street
#15-05 Bugis Junction Towers
Singapore 188024
Tel: (65) 6338 8111
Fax:(65) 6337 7168
CHINA
BEIJING
Beijing Kingsley Property
Development Co. Ltd.
Unit 706
China World Tower 2
No. 1 Jian Guo Men Wai Avenue
Chaoyang District
100004 Beijing, China
Tel: (86) 10 6505 0866
Fax:(86) 10 6505 0865
Beijing Aether Property
Development Co. Ltd
Block A, Room 701, Hanwei Plaza
No. 7 Guanghua Road
Chaoyang District
100004 Beijing, China
Tel: (86) 10 6561 8822
Fax:(86) 10 6561 3322
CHENGDU
Chengdu Hillwest Development Co. Ltd.
Unit 903, New Hope Tower
No. 45 Ren Min Nan Lu Section 4
610041 Chengdu, China
Tel: (86) 28 8702 6688
Fax:(86) 28 8701 5599
Jiangyin
Jiangyin Evergro Property Co Ltd
NANTONG
Keppel Lakefront (Nantong) Property
Development Co. Ltd.
Room 919 Tower C
188 Tongsheng Road
226009 NETDA
Jiangsu Province, China
Tel: (86) 513 8919 9788
Fax:(86) 513 8919 0788
INDIA
BANGALORE
Keppel Puravankara Development
Pvt Ltd
Keppel Land (Shanghai)
Management Co Ltd
KOLKATA
Keppel Magus Development Pvt Ltd
39th Floor Wheelock Square
1717 Nanjing West Road
200040 Shanghai, China
Tel: (86) 21 6171 2121
Fax: (86) 21 6171 2122
Room 1208 Plaza 66
1266 Nanjing West Road
200040 Shanghai, China
Tel: (86) 21 6288 3066
Fax:(86) 21 6288 2799
SHENYANG
Keppel Township Development
(Shenyang) Co Ltd
No. 26 Puxin Road
Shenbei New District
Shenyang, Liaoning Province, China
Tel: (86) 24 2334 2111
Fax:(86) 24 2334 2118
TIANJIN
Keppel Hong Da (Tianjin Eco-City)
Property Development Co Ltd
Keppel Seasons Park Sales Gallery
He Chang Road
Tianjin Eco-City
Tianjin 300480, China
Tel: (86) 22 6633 1088
Jiangyin Yangtze Int'l Country Club
South of Gaolang Road &
East of Nanhu Avenue
Central Park City Sales Gallery
Wuxi 214131
Jiangsu Province, China
Tel: (86) 510 8283 2208
Fax:(86) 510 8283 2213
KUNMING
Spring City Golf & Lake Resort
Tangchi, Yiliang
652103 Kunming
Yunnan Province, China
Tel: (86) 871 767 1188
Fax:(86) 871 767 1186
1203 12/F Tower 2, The Summit
88 Zhongshan Fourth Road
East District, Zhongshan
Guangdong, China, 528403
Tel: (86) 760 8892 6108
Fax:(86) 760 8892 6178
SHANGHAI
Keppel Land China Limited
(Head Office)
#7 Clubhouse, Stamford City
Wenhua Lu (Opposite Jiangyin
Tianhua Cultural Centre)
Jiangyin 214431
Jiangsu, China
Tel: (86) 510 8683 9999
Fax:(86) 510 8641 0780
No. 1 Longtao Road
(next to Huang Shan WangjiangLou
Restaurant)
Jiangyin, Jiangsu
ZHONGSHAN
Sunsea Yacht Club (Zhongshan) Co Ltd
WUXI
CityOne Development (Wuxi) Co Ltd
No. 39, 8th Main, 1’A’ Cross
Vasanthnagar
Bangalore 560052, India
Tel: (91) 08 4150 5000
Fax:(91) 08 4150 5008
C-304 City Centre, Salt Lake
Kolkata 700064, India
Tel: (91) 33 4006 3330
Fax:(91) 33 4006 3292
INDONESIA
BATAM
PT Nongsa Point Marina
Jl. Hang Lekiu KM. 4
Nongsa, Batam Island, Indonesia
Tel: (62) 778 761 333
Fax:(62) 778 761 474
BINTAN
PT Ria Bintan
Jl. Perigi Raja
Bintan Resorts, Lagoi
Bintan Utara 29155
Pulau Bintan
Kepulauan Riau, Indonesia
Tel: (62) 770 692 868
Fax:(62) 770 692 837
JAKARTA
PT Keppel Land
PT Kepland Investama
International Financial Centre
17th Floor
Jl. Jend. Sudirman Kav. 22-23
Jakarta 12920, Indonesia
Tel: (62) 21 571 2238
Fax: (62) 21 571 1813
INTERNATIONAL NETWORK
Jl Kenari 3-5
Surabaya 60275, Indonesia
Tel: (62) 31 532 7261
Fax:(62) 31 531 4957
PT Sentral Supel Perkasa
Jl Bubutan 1-7
Surabaya 60174, Indonesia
Tel: (62) 31 547 2333
Fax:(62) 31 547 0555
JAPAN
TOKYO
Alpha Investment Partners
Japan Limited
Fukoku Seimei Building 21F
2-2-2 Uchisaiwaicho, Chiyoda-ku
Tokyo 100-0011, Japan
Tel: (81) 3 5510 7551
Fax:(81) 3 5510 7552
MALAYSIA
JOHOR BAHRU
Tanah Sutera Development Sdn Bhd
No. 2 Jalan Sutera Merah 2
Taman Sutera
81200 Johor Bahru, Malaysia
Tel: (60) 7 289 9009
Fax:(60) 7 289 9119
MYANMAR
MANDALAY
Sedona Hotel Mandalay
th
th
No. 1 Junction of 26 & 66 Street
Chan Aye Tharzan Township
Mandalay, Myanmar
Tel: (95) 2 36 488
Fax: (95) 2 36 499
YANGON
Sedona Hotel Yangon
No. 1 Kaba Aye Pagoda Road
Yankin Township
Yangon, Myanmar
Tel: (95) 1 666 900
Fax:(95) 1 666 911
THE PHILIPPINES
ORTIGAS, MANILA
Keppel Philippines Properties, Inc.
Units 2203-2204
Raffles Corporate Center Building
F Ortigas Jr. Avenue
Ortigas Center
Pasig City 1605
Tel: (63) 2 584 6170/71
Fax:(63) 2 584 3915
SOUTH KOREA
SEOUL
Alpha Investment Partners
Korea Private Limited
Quang Ba Royal Park JV Co.
96 To Ngoc Van Street,
Tay Ho District
Hanoi, Vietnam
Tel: (84) 4 3823 8995/8993
Fax:(84) 4 3823 9046
International Centre
Unit 04, 7th Floor, International Centre
17 Ngo Quyen Street, Hoan Kiem District
Hanoi, Vietnam
Tel: (84) 4 3824 1125/6/7
Fax:(84) 4 3824 1124
Sedona Suites Hanoi
Unit 3608 Trade Tower
159-1, Samsung-Dong, Gangnam-Gu
Seoul 135-729, Korea
Tel: (82) 2 551 3387
Fax:(82) 2 551 3380
96 To Ngoc Van Street, Quang Ba
Tay Ho District
Hanoi, Vietnam
Tel: (84) 4 3718 0888
Fax:(84) 4 3718 0666
SRI LANKA
COLOMBO
Keppel CT Developments Pte Ltd
HO CHI MINH CITY (HCMC)
Keppel Land Vietnam Company Ltd
(Head Office)
Level 34, East Tower
World Trade Centre, Echelon Square
Colombo 1, Sri Lanka
Tel: (94) 11 7468 500
Fax:(94) 11 7468 502
THAILAND
BANGKOK
Keppel Thai Properties Public
Co. Limited
30th Floor Jewellery Centre Building
138/108 Nares Road, Sipraya, Bangrak
Bangkok 10500, Thailand
Tel: (66) 2 237 1999
Fax:(66) 2 237 2666
VIETNAM
HANOI
Keppel Land Vietnam Company Ltd
(Hanoi Branch Office)
Unit 2, 8th Floor, Saigon Centre
65 Le Loi Boulevard, District 1
HCMC, Vietnam
Tel: (84) 8 3821 8000
Fax:(84) 8 3821 3540
Keppel Land Watco Co. Ltd
4/F Saigon Centre
65 Le Loi Boulevard, District 1
HCMC, Vietnam
Tel: (84) 8 3823 2500
Fax:(84) 8 3822 9822
Sedona Suites Ho Chi Minh City
Saigon Centre,
65 Le Loi Boulevard, District 1
HCMC, Vietnam
Tel: (84) 8 3822 9666
Fax:(84) 8 3822 9229
Unit 04-05, 5th Floor, International Centre
17 Ngo Quyen Street, Hoan Kiem District
Hanoi, Vietnam
Tel: (84) 4 3936 7745
Fax:(84) 4 3936 7680
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SURABAYA
PT Sentral Tunjungan Perkasa
FOR MORE INFORMATION ON
KEPPEL LAND'S PROPERTIES, CONTACT:
230 Victoria Street #06-08, Bugis Junction Towers, Singapore 188024
www.keppelland.com | Tel: (65) 6336 3688
Should you wish to be included on our mailing list,
please email Marketing at marketing@keppelland.com
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