CapitaLand to manage Phnom Penh mall in Oxley's The Peak development

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An artist's impression of The Peak, a 55-storey integrated development which houses an office tower, the country's first Shangri-La Hotel, two luxury residential towers and the mall, which will open in 2020.PHOTO: OXLEY HOLDINGS

SINGAPORE - CapitaLand, through its wholly owned shopping mall business CapitaLand Retail, has signed an agreement to manage a mall in Cambodia's capital, Phnom Penh. The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land.

The Peak, located the Chamkarmon district in central Phnom Penh, is a 55-storey freehold integrated development which houses an office tower, the country's first Shangri-La Hotel, two luxury residential towers with 1,014 apartment units and the mall, which will open in 2020.

CapitaLand will oversee asset planning, pre-opening and retail management for the five-storey mall, which has a gross floor area, excluding car park, of about 420,000 square feet, and net lettable area of about 260,000 sq ft, CapitaLand said in a filing with the Singapore Exchange on Tuesday (March 20).

Said Wilson Tan, CapitaLand Retail chief executive officer (CEO): "Given The Peak's strategic location in central Phnom Penh and high-grade building specifications, it is well-positioned to meet the requirements of quality retailers seeking to serve the growing aspirations of the city's community."

Ching Chiat Kwong, Oxley Holdings executive chairman and CEO said: "With CapitaLand as our retail manager, we are confident of optimising returns for The Peak by focusing on our core business of developing and marketing the project. Given Oxley's diversified global portfolio in countries including Singapore, the United Kingdom, Ireland, China, Indonesia and Myanmar, we look forward to the possibility of deeper collaboration with CapitaLand in the future."

CapitaLand shares closed S$0.01 or 0.3 per cent up at S$3.67 on Monday, while Oxley shares ended S$0.015 or 2.8 per cent down at S$0.515.


Stocks to watch: Union Gas, JEP, CapitaLand, Oxley

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THE following companies saw new developments which may affect trading of their shares on Tuesday:

Union Gas Holdings: It announced late on Monday that it has provided Union Energy Corporation (UEC) with a formal notice that it intends to exercise the call option granted to the company by UEC to acquire its business that supplies liquefied petroleum gas to hawker centres. As part of the call option, UEC will sell the entire issued and paid up capital of U-Gas in a definitive sale and purchase agreement. The value of the U-Gas acquisition is S$9.2 million, and will be paid by S$2.76 million in cash, and an allotment and issue of 24.3 million ordinary shares in the issued and paid-up capital of the company at an issue price of S$0.2647 per share, amounting to S$6.4 million.

JEP Holdings: The company announced late on Monday that Soh Chee Siong, the CEO of subsidiary JEP Precision Engineering, will relinquish his role as executive director effective on March 19. According to a filing with the Singapore Exchange, the rationale behind his departure was due to "personal interest". He was appointed as CEO of JEP Precision Engineering in October 2011. He was first appointed as director of JEP Holdings in January 2014.

CapitaLand and Oxley: CapitaLand Retail has signed an agreement to manage a mall in Cambodia's capital, Phnom Penh. The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land. CapitaLand will oversee asset planning, pre-opening and retail management for the five-storey mall, which has a gross floor area, excluding car park, of about 420,000 square feet, and net lettable area of about 260,000 sq ft.


凯德将管理豪利控股在柬埔寨的商场

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The Peak是一个55层楼高的永久地契项目。(豪利控股提供)

(早报讯)两家本地房地产公司凯德集团(CapitaLand)与豪利控股(Oxley Holdings)在柬埔寨合作,凯德负责管理后者在柬埔寨首都金边的一个商场。

这将是凯德首次在柬埔寨经营商场。该商场是豪利控股和当地公司Worldbridge Land合作在金边开发的综合项目The Peak的一部分,预计于2020年开业。

The Peak是一个55层楼高的永久地契项目,包括一栋办公楼、当地的首家香格里拉酒店、两栋豪华私宅楼和42万平方英尺的商场。酒店有300间客房,私宅楼有1014个单位。


今日可关注的股票

(早报讯)受到面簿公司个人信息被不当利用和联储局预计加息的影响,星期一美股三大指数跌幅均超过1%。

联储局预计将于本星期进行今年首次加息,此外有报告称面簿5000万用户的个人信息被不当利用。道指跌了335.6点,跌幅为1.35%;标普500指数跌39点,跌幅为1.42%;高科技股集中的纳斯达克综合指数受面簿股票所累,跌137.7点,跌幅最大,为1.84%;面簿股票跌幅达6.77%。

本地股市周一下跌0.39%或13.85点,闭市报3498.29点。

以下是今日可关注的股票。

1.凯德集团(CapitaLand)与豪利控股(Oxley Holdings)签署协议,负责管理后者在柬埔寨首都金边的一个商场。商场是豪利控股在金边开发的综合项目The Peak的一部分。

2.中远海运(COSCO Shipping)旗下的高昇裕廊岛(Cogent Jurong Island)公司,颁发了一份价值9488万8000元的合同给SH Design & Build公司。公司将负责设计与建造裕廊岛化学物流设施,这是一座八层楼高的货仓,内附有办公室。

3.ELIDOM投资公司已持有中锐地产国际(CWG International)97.91%的股权,ELIDOM早前提出每股19.5分的收购献议,中锐地产国际因流通股低于10%已停牌。

4.飞凡集团(UnUsUaL)要求暂停交易。

5.新加坡交易所昨天下令雅族企业(Yuuzoo Corp)停牌,原因是审计师在审查其业绩报告时发现无法核对一些部分,即在截至去年底的业绩报告中,有一笔800万元的“其他收入”,以及总值5420万元的待售资产和3840万元的营收。新交所在两周前便向公司发出遵循通知(Notice of Compliance),要求公司在昨天以前公布其法定审计师关于这些部分的看法。审计师昨天表示无法取得足够的审核证据来发表看法。

6.原定于本月8日上任的胜达科技(Datapulse)新执行董事兼总裁邓伟良(音译 Wilson Teng Wai Leung),将延迟到19日才上任。他今年53岁,是香港数据中心服务商互联网势(iAdvantage)行销与业务发展部门的副总裁。


Stocks to watch: CapitaLand, Oxley

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The Singapore Exchange logo outside its building along Shenton Way.PHOTO: ST FILE

SINGAPORE - The following companies saw new developments which may affect trading of their shares on Tuesday (March 20):

Union Gas Holdings: It announced late on Monday that it has provided Union Energy Corporation (UEC) with a formal notice that it intends to exercise the call option granted to the company by UEC to acquire its business that supplies liquefied petroleum gas to hawker centres. As part of the call option, UEC will sell the entire issued and paid up capital of U-Gas in a definitive sale and purchase agreement. The value of the U-Gas acquisition is S$9.2 million, and will be paid by S$2.76 million in cash, and an allotment and issue of 24.3 million ordinary shares in the issued and paid-up capital of the company at an issue price of S$0.2647 per share, amounting to S$6.4 million.

JEP Holdings: The company announced late on Monday that Soh Chee Siong, the CEO of subsidiary JEP Precision Engineering, will relinquish his role as executive director effective on March 19. According to a filing with the Singapore Exchange, the rationale behind his departure was due to "personal interest". He was appointed as CEO of JEP Precision Engineering in October 2011. He was first appointed as director of JEP Holdings in January 2014.

CapitaLand and Oxley: CapitaLand Retail has signed an agreement to manage a mall in Cambodia's capital, Phnom Penh. The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land. CapitaLand will oversee asset planning, pre-opening and retail management for the five-storey mall, which has a gross floor area, excluding car park, of about 420,000 square feet, and net lettable area of about 260,000 sq ft.