ISSUE 4/2016 MCI (P) 160/06/2015

ACROSSBORDERSA KEPPEL LAND PUBLICATION

HIGHLIGHTS ApT for SmArT LIvInG forGInG STronGer bondS doInG Good1509 17

NEWRETAIL WAVE

THIS ISSUE

In Focus10 The place to be

Empowering Lives14 Grooming local talents

15 Forging stronger bonds

16 Building rapport

Nurturing Communities17 Doing good

Sustaining Growth04 Creditable returns

05 Shaping a sustainable future

06 Hallmark excellence

07 Staying ahead

China connection

08 Green partnership

Focused on safety 09 Apt for smart living

Published for Keppel Land by the Group Corporate Communications division ofKeppel Corporation Limited, 1 HarbourFront Avenue, #18-01, Keppel Bay Tower, Singapore 098632.

Printed by Image Printers Pte Ltd,Blk 1002, Redhill Industrial Estate, Jalan Bukit Merah,#03-12, Singapore 159456.

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.

Cover image: Keppel Land opened its highly anticipated Saigon Centre retail mall in Ho Chi Minh City, anchored by Takashimaya Department Store's flagship outlet in Vietnam.

We also welcome your feedback and suggestions for improvements to our newsletter. You can reach us at keppelgroup@kepcorp.com.

Should you wish to be included in our mailing list, please email marketing@keppelland.com.An online version is also available at www.keppelland.com and across-borders.com.sg.

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Our Accolades:

Keppel Land CEO, Mr Ang Wee Gee (centre, in glasses), and Mayor

of the North West District, Dr Teo Ho Pin (in black shirt) with

beneficiaries from Singapore's North West District at the

Keppel Centre for Art Education

0404

Keppel REIT’s share of results of associates and joint ventures rose due to higher share of contribution from the David Malcolm Justice Centre (pictured) and Marina Bay Financial Centre

Creditable returnsKeppel REIT delivered a creditable set of results for 2Q 2016 amidst market headwinds. Due mainly to the absence of contribution from 77 King Street which was divested in 1Q 2016, property income and net property income for 2Q 2016 were marginally lower by 1.5% and 1.4% quarter-on-quarter (q-o-q) respectively. Excluding contribution from 77 King Street, property income and net property income for the current portfolio remained stable in 2Q 2016.

Share of results of associates and joint ventures increased to $20.1 million and $8.3 million in 2Q 2016, up 7% and 22.6% q-o-q respectively, on higher share of contribution from the David Malcolm Justice Centre in Perth, Australia and Marina Bay Financial Centre.

The Manager has declared a distribution per unit (DPU) of 1.61 cents for the quarter. DPU for the first half of 2016 amounted to 3.29 cents, which translates to an annualised yield of 6.3%.

With its continued focus on proactive leasing and marketing, the Manager successfully renewed almost all the leases expiring in 2016 in the first half of this year, with only a minimal 0.6% of expiring leases due for renewal in the second half of this year. This is a significant improvement from 13.4% as at the beginning of 2016.

The Manager has also forward renewed approximately 365,000 sf (attributable space of 329,000 sf) of prime office space in 1H 2016, bringing the proportion of expiring leases in 2017 and 2018 down to 9.5% and 5.5% respectively as at 2Q 2016.

The majority of these expiring leases are in their first renewal cycle and are likely to be renewed.

In all, the Manager concluded a total of 69 leases or approximately 900,000 sf(attributable space of approximately 615,000 sf) of prime office space in 1H 2016. This raised Keppel REIT’s overall portfolio occupancy to 99.7% as at 2Q 2016.

Keppel REIT continues to command above-market rents for its Singapore office leases, achieving average committed rent of $10.10 psf for new, renewal and forward renewal leases in 2Q 2016. This was higher than the market’s average Grade A rent of $9.50 psf.

Despite the subdued office market, the Manager achieved positive rent reversion of approximately 2% for new, renewal and forward renewal leases in the first half of 2016.

The Manager continues to secure tenants for the longer term, maintaining a long Weighted Average Lease Expiry of approximately eight years for Keppel REIT’s top 10 tenants and six years for the overall portfolio, which will provide income stability for Unitholders amidst economic and market headwinds.

Keppel REIT’s lease expiry profile is well spread out, with approximately 90% of leases not due for renewal till 2018 and beyond, and approximately 85% of leases not due for renewal till 2019 and beyond, when limited to no new office supply in the CBD is expected.

The Manager will continue to focus on tenant retention and attraction to maintain a healthy and long lease expiry profile. The Manager will also continue its active capital management efforts to safeguard against interest rate and currency volatilities as well as enhance its financial flexibility to capitalise on opportunities that may arise during periods of uncertainties.

Keppel Land is a sponsor of Keppel REITwhich is managed by Keppel REIT Management Limited, a wholly-owned subsidiary of Keppel Capital Holdings.

ISSUE 4 | 2016Sustaining Growth

Singapore’s Prime Minister Mr Lee Hsien Loong (centre) presented the Lee Kuan Yew World City Prize to H.E. Federico Gutierez (second from right), the Mayor of Medellín, on 11 July 2016. Witnessing the ceremony was Mr Anibal Gaviria (second from left), former Mayor of Medellín; Dr Lee Boon Yang (extreme right), Chairman of Keppel Corporation and Mr Loh Chin Hua (extreme left), Chairman of Keppel Land and CEO of Keppel Corporation

Shaping a sustainable future The pace of urbanisation has progressed at an unprecedented rate around the world. The United Nations has predicted that by 2050, the world’s urban population would increase by 2.5 billion people, with nearly 90% of this growth concentrated in Asia and Africa.

Against this backdrop, city authorities are challenged to make improvements to urban infrastructure, resource allocation and demographic inclusiveness.

United by a common purpose, global leaders, mayors, policymakers and industry experts in sustainable urban development shared and exchanged ideas and solutions to tackle challenges arising from rapid urbanisation at the World Cities

Summit (WCS) 2016 held from 11 to 14 July 2016.

One of the highlights of the WCS is the biennial Lee Kuan Yew World City Prize, sponsored by Keppel Corporation, which honours outstanding achievements and contributions to the creation of liveable, vibrant and sustainable urban communities around the world.

This year, the Colombian city of Medellin was awarded the Prize which comprises an award certificate, a gold medallion and a cash prize of $300,000.

STRENGTHENING TIES

During the summit, Keppel senior management connected with government leaders as well as

business partners while they were in Singapore for the WCS.

Mr Ang Wee Gee, CEO of Keppel Land, hosted Vietnam’s Ho Chi Minh City (HCMC) People’s Committee, led by Chairman Mr Nguyen Thanh Phong, to dinner at Marina at Keppel Bay on 12 July 2016 where he reiterated Keppel Land’s commitment to further strengthen its presence in Vietnam. This follows Mr Ang’s courtesy call to Mr Nguyen in HCMC in April this year.

In Vietnam, Keppel Land is one of the largest and pioneer foreign real estate developers with a diverse portfolio of properties in Hanoi, HCMC, Dong Nai and Vung Tau.

Mr Ang Wee Gee (fifth from right), CEO of Keppel Land, hosted the HCMC People’s Committee, led by Chairman Mr Nguyen Thanh Phong (sixth from right) to dinner at Marina at Keppel Bay

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ACROSS BORDERS

ISSUE 4 | 2016 Sustaining Growth

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Hallmark excellenceKeppel Land garners top accolades for its winning designs and contributions to shaping cityscapes.

DISTINCTION IN HOSPITALITY

With a keen eye for design excellence, Keppel Land has won a slew of awards at the Myanmar Property Awards 2016 held on 30 June 2016.

In its second year, the annual awards ceremony saw Sedona Hotel Yangon’s Inya Wing sweeping the Best of the Best – Best Commercial Development (Myanmar), Best Hotel Development, Best Hotel Interior Design and Best Hotel Architectural Design awards.

Junction City Tower, Keppel Land’s joint venture with local developer Shwe Taung Group, also bagged the Best Office Development and Best Office Architectural Design awards.

ENGINEERING FEAT

Keppel Bay waterfront precinct has been recognised as one of Singapore’s Top 50 Engineering Feats in a competition organised by The Institution of Engineers Singapore (IES).

Launched on 1 March 2016, the Engineering Feats @ IES-SG 50 competition reviews and shortlists projects deemed to have made significant economic, societal or infrastructural impact to Singapore since its independence in 1965. The competition, which was held from 1 March to 30 May 2016, saw project owners and engineers across 20 different industries taking part.

Projects were shortlisted by IES for public voting online and the 50 projects with the highest number of votes were chosen for the awards. Award recipients were recognised at the IES Golden Jubilee Dinner graced by Singapore’s Prime Minister Mr Lee Hsien Loong on 1 July 2016.

The vibrant waterfront precinct of Keppel Bay is a marriage of modern architecture and rich heritage. Built on what used to be the old Keppel Shipyard, the precinct comprises FIABCI award winning condominiums Reflections and Caribbean at Keppel Bay, its latest luxury residential development,

Corals at Keppel Bay, office towers as well as the exclusive Marina at Keppel Bay, which is the choice marina for international luxury superyachts.

INKING SUCCESS

Keppel Land swept four awards at the SPH iink Awards held on 29 July 2016. In the Print Campaign (English) category, Keppel Land’s 2015 brand campaign was awarded Gold while its print advertisement for its latest residential project in Tiong Bahru, Highline Residences, picked up the Bronze award.

The advertisements for the brand campaign and Highline Residences were also awarded Bronze in the Print Single/Campaign (Chinese) and Print Single (English) categories respectively.

Into its 12th year, the SPH iink Awards is organised by the Singapore Press Holdings (SPH) to celebrate and honour advertising practitioners who come up with the most creative executions across SPH’s media platforms in print, digital, radio and out-of-home.

Keppel Bay waterfront precinct has been recognised as one of Singapore's Top 50 Engineering Feats

Staying ahead

Mr Ang Wee Gee, CEO of Keppel Land, reiterated that the Company’s strategy and geographical diversification have served Keppel Land well. Despite the challenging global economic environment, Keppel Land has performed creditably, especially with the strengthening markets in China and Vietnam.

The strategy meeting, which was attended by directors, management and key executives from Keppel Corporation and Keppel Land,provided a timely platform to review

The Keppel Land strategy meeting provided a platform for robust discussions among directors, management and key executives

China connectionKeppel Land regularly engages with stakeholders in its key markets to build lasting ties. In Shanghai, one of the Company’s key focus cities in China, it has established a strong foothold in the Jing’an District with three projects within the Park Avenue Precinct.

On 21 June 2016, Mr Ang Wee Gee, CEO of Keppel Land, and Mr Ben Lee, President of Keppel Land China, called on Mr An Lusheng, Party Secretary of New Jing’an District, Shanghai.

Mr Ang Wee Gee (third from left), CEO of Keppel Land and Mr Ben Lee (second from left), President, Keppel Land China, engaged in fruitful discussions with Mr An Lusheng (third from right), Party Secretary, New Jing’an District, Shanghai

The Keppel Group has a distinct blend of core competencies and solutions to meet the world’s needs in sustainable urbanisation. Keppel Land will continue to provide quality properties in focused markets and harness the strengths of the Group for further growth, shared Mr Loh Chin Hua, Chairman of Keppel Land and CEO of Keppel Corporation, at Keppel Land’s strategy meeting on 15 August 2016.

Mr Loh said, “To be a leader in the property industry, we do not have to be the biggest player. Instead, we should aspire to be the developer with the highest return in Asia.”

Keppel Land’s return on equity is one of the highest among its peers at 18.9% per annum over the last 10 years from 2006 to 2015.

Mr Loh also urged Keppel Land to continue enhancing its value proposition to homebuyers, think beyond convention to create value for the Group, and work collaboratively as OneKeppel.

the Company’s operations in various markets, track growth progress in the past year and recapture important lessons learnt.

During the meeting, directors and senior management emphasised the importance of attracting and developing talent, building a collaborative and innovative culture, and keeping abreast of new technologies to stay ahead of the curve.

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During the meeting, Mr An introduced a five-year plan for the New Jing’an Districtand sought insights from Keppel Land China’s wealth of experience in the district’s growth roadmap.

ACROSS BORDERS

Sustaining GrowthISSUE 4 | 2016

Focused on safetySparing no effort to create a safe and healthy workplace for all its stakeholders, Keppel Land recently opened its third safety awareness centre in the region at West Vista, its latest residential development in West Jakarta, Indonesia.

The opening of the West Vista safety awareness centre was inaugurated by the Head of Manpower of West Jakarta, Dr Suhari, MSc.on 26 July 2016, in a ceremony where Keppel Land was represented by Mr Peter Jones, GM, Workplace Safety and Health.

Dr Suhari commended the local team for their dedication to safety in the building of Indonesia’s first comprehensive safety awareness centre within a construction site.

On a separate occasion, West Vistawas presented a plaque to commemorateone million man-hours without

Keppel Land CEO, Mr Ang Wee Gee (third from left) visiting the new safety awareness centre at West Vista’s construction site with the ground team

Green partnershipKeppel Land is working with the Building and Construction Authority of Singapore (BCA) to trial BCA Skylab's capabilities.

BCA Skylab is the world’s first high-rise rotatable laboratory for the tropics, and is Singapore’s dedicated experiential learning facility and living lab for the built environment sector. The BCA Skylab was opened by Singapore’s Prime Minister Mr Lee Hsien Loong in a ceremony on 20 July 2016.

CEO of Keppel Land, Mr Ang Wee Geesaid, “In shaping the future as a responsible green developer, we will continue to sharpen our focus on sustainability and innovation. We are very happy to work with BCA to utilise the Skylab to trial new technologies.

“This further complements our efforts to accelerate the adoption of new green building technologies so as

to remain at the forefront of best practices in sustainable urbanisation.”

Located at the BCA Academy, the Skylab boasts a 360-degree rotatable capability, full plug-and-playconfigurability and is fitted with extensive instrumentation and sensor networks scalable in future.

The 132 sm facility is equipped with a network of more than 200 sensors with high accuracy and granularity, across two identical cells for comparison testing. These sensors measure performance metrics such as energy performance, indoor environmental quality, outdoor

environmental parameters and building automation system indicators.

The Skylab aims to significantly improve energy efficiency beyond the current best-in-class Green Mark Platinum buildings which are already at least 30% more energy efficient than a code-compliant building.

To date, Keppel Land has garnered a total of 61 BCA Green Mark Awards, including eight Platinum awards, for its properties in Singapore and overseas. In 2015, Keppel Land was also conferred the coveted BCA Built Environment Leadership Award (Gold Class).

lost-time incidents by its main contractor, PT Acset Indonusa.

Meanwhile, Keppel Land’s Grade A commercial development in Jakarta, International Financial Centre Tower Two, was also awarded a plaque earlier in March 2016 for achieving zero fatalities during its construction phase.

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Keppel Land is working with BCA to trial BCA Skylab, the world's first high-rise rotatable laboratory for the trophics

ISSUE 4 | 2016Sustaining Growth

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Apt for smart living

Fancy managing your home appliances, condominium facility bookings and lifestyle applications from a single platform? Now you can do all of that and more, thanks to Habitap, Asia’s first fully-integrated smart home application (app).

Leading the way in providing smart living solutions, Keppel Land has tied up with homegrown technology firm, Philip Tang & Sons to premiere Habitap at luxury waterfront development, Corals at Keppel Bay.

At the flick of a finger, residents can access a customised app that controls the smart products and appliances in their homes. They can also open their main doors or switch on air-conditioning units from anywhere, at any time via the app.

For the ultimate smart-living experience, all units in Corals at Keppel Bay will be fitted with a Smart Hub, a smart door lock and smart air-conditioning control system that works seamlessly with the app. Residents can also choose from a wide range of other optional smart

products for their homes, and also receive automated maintenance reminders through the app.

To create a safe and secure home, Habitap is also collaborating with internationally-renowned Swedish security system, Keypasco, to provide a state-of-the art bank-grade security system.

Mr Franklin Tang, CEO of Philip Tang & Sons, said, “The progression of smart technology has dramatically transformed the way people live and their expectations of hassle-free living. We are excited to be at the forefront of this technology with the launch of our smart home living solution for Corals at Keppel Bay.”

“Being a first-of-its-kind application that provides a fully integrated smart home management system, Habitap represents a breakthrough in this sector. No other platform has brought together smart home and condominium booking management, and lifestyle offerings to address the home living needs of homeowners. They can now have direct control and

full management of their homes from wherever they may be, with a few finger-taps.”

Mr Tan Swee Yiow, President (Singapore), Keppel Land, added, “In line with our brand philosophy of ‘Thinking Unboxed’, Keppel Land keeps itself at the forefront of new technologies and thoughtful innovations that can be seamlessly adopted at our properties.

“Our latest collaboration with Philip Tang & Sons is testament of our focus to harness technology to improve the lives of our residents. With the Habitap mobile application, the control of smart living features at Corals at Keppel Bay is simple and convenient. The suite of products and services available to residents has been carefully curated to complement our modern lifestyles.

Starting with our soon-to-be-completed Corals at Keppel Bay, we hope to continue pushing boundaries and introduce new technologies in our other developments.”

Residents of Corals at Keppel Bay will be the first users to experience Habitap when it premieres

ACROSS BORDERS

ISSUE 4 | 2016 Sustaining Growth

THE PLACE TO BE

Saigon Centre is poised to be the premier shopping and lifestyle destination in Ho Chi Minh City with the opening of its new seven-storey retail mall

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Continues on page 12 »

Keppel Land’s highly-anticipated retail mall in Saigon Centre opened its doors to excited consumers in Ho Chi Minh City (HCMC), Vietnam, on 30 July 2016.

The new seven-storey retail mall, with a total gross floor area of 55,000 sm, forms part of Phase Two of Saigon Centre. Fully-committed, it houses more than 400 international and local brands as well as leading Japanese retailer Takashimaya Department Store’s 15,000 sm flagship outlet in Vietnam.

The mall was officially opened on 1 August 2016 in a grand ceremony graced by H.E. Mr Tran Vinh Tuyen, Member of the Party Standing Committee and Vice Chairman of the People’s Committee of HCMC, and witnessed by Keppel Corporation Chairman Dr Lee Boon Yang,

Viewing the scale model of the Saigon Centre mixed-use development were (from left) Mr Ang Wee Gee, CEO of Keppel Land; Dr Lee Boon Yang, Chairman of Keppel Corporation; H.E. Mr Tran Vinh Tuyen, Vice Chairman of the People’s Committee of Ho Chi Minh City; and Mr Linson Lim, President (Vietnam) of Keppel Land

Keppel Land’s management as well as 300 invited guests including government officials, leading financial institutions, tenants and business associates.

Themed “Saigon in bloom”, the event featured state-of-the-art visual and lighting effects. Guests and visitors to the mall were also treated to acrobatic and stilt walking performances.

Mr Ang Wee Gee, CEO of Keppel Land, said, “As one of the largest and pioneer foreign real estate developers in Vietnam, Keppel Land is privileged to play a part in transforming the country’s cityscape. Today marks an important milestone as we open the retail mall at Saigon Centre which has become

Keppel Land and its joint venture partners celebrated the grand opening

of Saigon Centre retail mall anchored by Takashimaya on 1 August 2016

ACROSS BORDERS

ISSUE 4 | 2016 In Focus

Saigon Centre retail mall is fully committed with 25% of the tenants making their debut in Vietnam

an established landmark in HCMC’s central business district.

“We will leverage our experience and expertise in developing iconic mixed-use developments to create vibrant and sustainable live-work-play environments of enduring value for the community.”

Mr Tatsuo Yano, MD, Takashimaya Singapore Ltd., said, “Takashimaya Group opens its third overseas department store in Saigon Centre. This development has come about through years of cultivated retail experience between Japan and Singapore. We aim to create a store that will become a well sought-after shopping destination for customers in HCMC.

“One important reason for our first venture into Vietnam is an opportunity to team up with an excellent partner in Keppel Land. We intend to further build on this relationship and together contribute to the enrichment of lifestyle for the people in HCMC.”

About 25% of the tenants in Saigon Centre’s retail mall are new-to-market, including Takashimaya. The other international brands

debuting in Vietnam include luxury and fashion labels Carolina Herrera, Kenzo, Moschino, Stuart Weitzman and Armani Exchange.

Close to 30% of Saigon Centre’s retail mall has been set aside for F&B, presenting patrons with a wide selection of about 50 restaurants, cafes and food kiosks.

Opening their first F&B outlet in HCMC at Saigon Centre include Oedo Japanese Food Village, which is inspired by an old alley in Tokyo and comprises seven authentic Japanese restaurants; Ember Grill and Italian, which serves fusion cuisine and over 100 types of cocktails; and Logic Pizza with its open concept kitchen.

» Continued from page 11

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Guests and visitors were

treated to acrobatic and

stilt walking performances at

the opening of Saigon Centre

retail mall

ISSUE 4 | 2016In Focus

“We will leverage our experience and expertise in developing iconic mixed-use developments to create vibrant and sustainable live-work-play environments of enduring value for the community.”Mr ang Wee geeceo of keppel land

MAKING A SUSTAINABLE DIFFERENCE

Hosting its first community event as Keppel Volunteers Vietnam, the CSR team under Keppel Land (Vietnam) hosted underprivileged children from Vinh Son Primary School in a sustainable art workshop at tiNiWorld Edutainment Center, a tenant in the Saigon Centre retail mall.

Mr Linson Lim, President (Vietnam) of Keppel Land, shared, “In line with being OneKeppel, the volunteers in our group will identify themselves as Keppel Volunteers wherever they operate.”

During the workshop, 20 Keppel Volunteers shared with 40 children the importance of caring for the environment and the value of recycling.

The volunteers and children created interesting articles by recycling stationery and paper rolls with environmental slogans such as ‘Protect the Earth’.

Offering encouragement to the volunteers in their initiative, Dr Lee and Mr Ang attended the event to interact with the children and present them with schoolbags.

Keppel Land (Vietnam) has supported Vinh Son Primary School, a private free school for underprivileged children, since April 2015 by donating uniforms, electronic equipment, school textbooks, books and bookshelves.

Popular Japanese restaurant Ike Ike Maru has also opened its first branch in HCMC at the mall.

With something for everyone, families with young children can indulge themselves at tiNiWorld Edutainment Center, the only indoor children’s playground in the city centre. Early-education enrichment courses are also available at Little Einsteins Academy.

Saigon Centre Phases One and Two are jointly owned by Keppel Land, Toshin Development Co., Ltd and Vietnamese partners, Southern Waterborne and Transportation Corporation and Saigon Real Estate Corporation. Keppel Land holds a 45.3% stake in the development.

When fully completed in end-2017, Saigon Centre Phase Two, designed by the internationally renowned New York-based architectural firm NBBJ, will comprise 44,000 sm of premium Grade A office space, 55,000 sm of retail area spread across seven storeys and 195 luxury serviced apartments. Presently, the development of the 37-storey office tower is progressing on schedule.

A showcase for building and architectural excellence in HCMC, Saigon Centre Phase Two was conferred the Green Mark Gold (Provisional) Award by the Building and Construction Authority of Singapore in 2012. The project was also named the Best Commercial Project and Best Retail Project at the Vietnam Property Awards in 2015.

Keppel Volunteers Vietnam hosted its first community event at tiNiWorld EdutainmentCenter, a tenant in the Saigon Centre retail mall. At the event were Dr Lee Boon Yang(seated, right), Chairman of Keppel Corporation, and Mr Ang Wee Gee (seated, left), CEO ofKeppel Land, as well as Mr Linson Lim (standing, right), President (Vietnam) of Keppel Land

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ACROSS BORDERS

ISSUE 4 | 2016 In Focus

and was provided with the relevant training including a three-month stint with Keppel REIT Management in Singapore in 2013. “My bosses have always encouraged me to take on expanded roles and responsibilities. I feel privileged and proud to have contributed to the growth of Keppel Land in Vietnam.”

In view of Keppel Land’s expansion overseas, a number of mid-career locals have also been hired to enhance the team's capability.

One example is 42 year old Ma Yinfeng, Project Head of Park Avenue Heights in Chengdu, who has seen his role evolve in the last 11 years with the Company.

A mid-career professional, Yinfeng brings with him a wealth of experience in sales, project management and investment when he joined Keppel Land China's Business Development team in Chengdu.

He shared, “I’m grateful for the exposure to try different roles in the Company which has expanded my capabilities and enabled me to grow both personally and professionally.”

Grooming local talents

Localisation has become an important tenet of Keppel Land’s human resource strategy as the Company continues to expand in the overseas markets of China, Vietnam and Indonesia.

To deepen its bench strength, the Company has put in place systematic processes such as setting up local Career Review Committees to plan for the development of local talents.

Thirty-eight year old Eric Cheng is an example of a local talent who has risen through the ranks in China.

Originally from Shanghai, Eric joined Keppel Land in 2007 as Marketing Manager for the Central Park City township project in Wuxi. With the formation of Keppel Land China in 2010, he was rotated to the marketing department at the Company's headquarters in Shanghai, and was later designated as the Project Head for Waterfront Residences in Nantong. These varied experiences have paved the way for his current appointment as City Head for Wuxi.

Eric said, “I appreciate the structured learning roadmap which the Company has in place to groom employees.

”I was able to grow and hone my leadership skills through the Leadership Development (LEAD) Programme which provided stretched assignments and job rotation opportunities under the guidance of a mentor.”

The LEAD programme aims to accelerate the career development of top performing employees regardless of their nationality.

Nguyen Duc Minh is another example of a local who has grown with the Company. He started his career with Keppel Land (Vietnam) as a Senior Business Development Executive in 2007 where he was part of a three-man team.

Today, Minh, as he is fondly known, has moved on to oversee the operations for a number of Keppel Land’s projects in Ho Chi Minh City such as the upcoming Estella Heights mixed-use development and Palm City integrated waterfront development as the General Director. The 44 year old said, "It has been an exciting journey with Keppel Land. As part of the Company’s career development and training programme, I was challenged with more tasks

Ma YinfengEric Cheng Nguyen Duc Minh

14 Empowering Lives ISSUE 4 | 2016

Forging stronger bondsWith over 20 years of experience in the country, Keppel Land has established its roots as one of the largest and pioneer foreign developers in Vietnam, delivering its projects on time, safely and with the hallmark quality that Keppel is renowned for.

Today, Keppel Land has 19 licensed projects, a pipeline of more than 25,000 homes and a total registered capital of about US$2 billion in Vietnam.

Following the successful instalments of staff conferences in Singapore and China, the annual get-together, now a key event in Keppel Land’s corporate calendar, was held for the first time in Vietnam, one of the Company’s key growth markets.

In his opening remarks at the conference, Mr Ang Wee Gee, CEO of Keppel Land, reiterated the importance of staying nimble in anticipating and meeting the future needs of the market.

He said, “To stay ahead, we must build on our brand equity, strengthen our local network and relationships with key stakeholders, leverage on our land bank, and most importantly, build our capabilities on the ground by being able to attract and retain the best talent.”

Mr Linson Lim, President (Vietnam) of Keppel Land, also shared that when he first arrived in Vietnam in 1995, the Company had only eight staff. As it scaled up its activities in tandem with the country’s growth, its staff strength has also grown to almost 400, of which about 55% were hired in the past three years.

To drive further growth for the Company, Mr Ang shared Keppel Land’s localisation plan to actively groom and develop promising locals who performed well, as well as plans to develop Keppel Land as an employer of choice in Vietnam.

Over the four-day conference from 29 June to 1 July 2016, Keppelites across the various business units were updated on the latest developments in the Company. They also took the opportunity to network and share learning experiences, as well as attended workshops and participated in team-building exercises.

A highlight of the staff conference was the Work of a Winner competition where teams from different business functions presented innovative ideas that were implemented during the year.

The conference culminated in a dinner and dance, where staff took the opportunity to mingle with management in a relaxed setting.

Keppel Land (Vietnam) held its first Annual Staff Conference which provided cross-learning opportunities and networking among staff

Mr Ang Wee Gee (centre), CEO of Keppel Land, together with

Mr Linson Lim (left), President of Keppel Land (Vietnam), and

Joseph Low (right), Assistant GM of Operations at Keppel Land

(Vietnam), fielded questions from staff during the company’s inaugural

Annual Staff Conference

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ACROSS BORDERS

Empowering LivesISSUE 4 | 2016

Separately on 19 August 2016, Keppel Land's Welfare Committee organised a special education session for whisky aficionados.

Presented by Glenfiddich’s Regional Global Brand Ambassador for Asia Pacific, Mr Matthew Fergusson-Stewart, staff were engaged in an educational discussion on whiskies and had a taste of the brand’s bestselling selections in an exclusive whisky tasting session.

Mr Sim Puay Kiak, Chairman of the Keppel Land Welfare Committee, said, “Through such events, we hope to foster better interpersonal relations between colleagues, as well as show them that as a Keppel Land family, we not only work hard together, but we also enjoy the good times together.”

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Building rapportKeppel Land continues to engage its staff on various platforms to foster greater interaction and rapport with management and among staff across business units.

In China, more than 70 senior management and staff from its Shanghai headquarters came together for Happy Hour on 29 July 2016. Held quarterly, the informal session seeks to enhance team spirit and is a platform to update staff on the Company’s latest developments.

In his opening address, CEO of Keppel Land, Mr Ang Wee Gee shared Keppel Corporation’s 1H 2016 results and encouraged Keppel Land China to play a greater role in contributing to the Group’s performance. He also reiterated Keppel Land’s focus on returns and shared that the Company will continue to look for opportunities to deepen its presence in its core market of China.

Mr Ang also urged staff to continually innovate and collaborate together, to improve efficiency and processes.

Keppel Land organises events for staff and management to mingle, at the same time, enhance collaboration between business units

Empowering Lives ISSUE 4 | 2016

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This is the first initiative by Keppel Land in partnership with the North West Community Development Council (CDC) under the North West Care & Repair Programme which seeks to improve the lives and well-being of Singaporeans residing in rental flats in the District.

Under this programme, Keppel Land volunteers will organise outings for residents or help with simple home improvement works.

Doing good

EMPOWERING THROUGH ARTS

In conjunction with Singapore’s 51st birthday, over 40 employees from Keppel Land, led by CEO, Mr Ang Wee Gee, organised an outing for about 80 beneficiaries from Singapore's North West District to the Keppel Centre for Art Education at the National Gallery Singapore on 10 August 2016. They were joined by the Mayor of North West District, Dr Teo Ho Pin, as well as CEO of National Gallery Singapore, Ms Chong Siak Ching.

KEPPEL IS COMMITTED TO UPLIFT COMMUNITIES WHEREVER IT OPERATES. WITH VOLUNTEERISM AS A KEY THRUST OF THE GROUP'S COMMUNITY ENGAGEMENT PROGRAMME, AUGUST HAS BEEN DESIGNATED AS KEPPEL COMMUNITY MONTH. DURING KEPPEL COMMUNITY MONTH, KEPPELITES ACROSS THE KEPPEL LAND GROUP RALLY BEHIND GOOD CAUSES THAT MAKE A POSITIVE IMPACT TO PEOPLE IN NEED.

Mr Ang said, “At Keppel Land, we believe that as our communities thrive, we thrive. We engage and nurture communities wherever we operate with the aim of achieving a sustainable future together.

“We are pleased to partner North West CDC in this meaningful initiative. We are proud that many Keppel Land employees will be volunteering their time and effort to play an active role in uplifting the lives of the beneficiaries.”

Continues on page 18 »

CEO of Keppel Land, Mr Ang Wee Gee (left image, far left) and CEO of National Gallery Singapore, Ms Chong Siak Ching (left image, second from left) joined Keppel Land volunteers and beneficiaries during a visit to the Gallery

ACROSS BORDERS

Nurturing CommunitiesISSUE 4 | 2016

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Dr Teo said, “The support of our corporate and community partners makes it possible to bring more cheer to the lives of the less privileged.“

Keppel Land, through the Keppel Care Foundation, had also recently supported North West CDC’s North West Student Support Fund, which provides educational and developmental programmes to increase the social mobility of students from low income families.

As a Founding Partner of the National Gallery Singapore, Keppel Corporation committed $12 million to establish the Keppel Centre for Art Education, which is the first dedicated art education facility of its kind in Singapore and the region.

The Centre was officially opened in November 2015. It was set up with the aim of nurturing and inspiring generations of creative and critical thinkers. Since May this year, Keppel Volunteers have been supporting meaningful activities at the Centre every weekend in an initiative championed by Keppel Land.

» Continued from page 17

TOUCHING LIVES ABROAD

Keppel Land China’s Beijing team and Keppel Corporation’s Beijing Representative Office hosted students from Beijing Tongzhou Care Centre on 12 August 2016.

Keppel Land China has been supporting the Centre since 2012 through fundraising and staff contributing time and effort to bring joy to the beneficiaries.

Over in Zhongshan, the team from Keppel Land China collaborated with the Zhongshan Neighbour Social Service Centre to organise a donation drive between 15 and 19 August 2016to gather preloved clothing for beneficiaries from provinces such as the Guangxi, Yunnan, Guizhou and Sichuan.

This is the second year that Keppel LandChina’s Zhongshan team had organised the donation drive. As per the previous year, the donation drive received an overwhelming response. Clothing in good condition were

donated to the beneficiaries while the remaining were sold in charity bazaars or recycled to produce eco-products.

Separately, Keppel Land China’s Kunming team, in collaboration with the People's Government of Tangchi Town, organised a charity fair at Keppel Land China's Spring CityGolf & Lake Resort on 28 August 2016 to raise funds for underprivileged children in the community. Beneficiaries of the event as well as staff and guests enjoyed a fun day of games.

Above, Keppel Land China and Keppel Corporation’s Beijing

Representative Office hosted students from Beijing Tongzhou Care Centre on 12 August 2016

Right, Keppel Land China’s Zhongshan team collaborated with Zhongshan Neighbour

Social Service Centre to organise a donation drive to gather preloved clothing for beneficiaries

in the underdeveloped provinces

“at keppel land, we believe that as our communities thrive, we thrive. We engage and nurture communities wherever we operate with the aim of achieving a sustainable future together.”Mr ang Wee geeceo of keppel land

Nurturing Communities ISSUE 4 | 2016

INTERNATIONAL NETWORKSINGAPOREKeppel Land Limited230 Victoria Street#15-05 Bugis Junction TowersSingapore 188024Tel: (65) 6338 8111Fax: (65) 6337 7168

Keppel Land Retail Management Pte Ltd1 Fifth Avenue #02-06/07 Guthrie HouseSingapore 268802Tel: (65) 6466 2555Fax: (65) 6466 0578

CHINABEIJINGBeijing Kingsley Property Development Co., Ltd.Unit 706China World Office 2No. 1 Jian Guo Men Wai AvenueChaoyang DistrictBeijing, China 100004Tel: (86) 10 6505 0866Fax: (86) 10 6505 0865

Beijing Aether Property Development Co., Ltd.Block A, Room 701, Hanwei PlazaNo. 7 Guanghua RoadChaoyang DistrictBeijing, China 100004Tel: (86) 10 6561 8822Fax: (86) 10 6561 3322

CHENGDUChengdu Hillstreet Development Co., Ltd.Unit 903 New Hope Tower45 Ren Min Nan Lu Section 4ChengduSichuan Province, China 610041Tel: (86) 28 8702 6688Fax: (86) 28 2801 5599

JIaNGyINJiangyin Evergro Property Co., Ltd.#7 Clubhouse, Stamford City Wenhua Lu (Opposite Jiangyin Tianhua Cultural Centre)Jiangyin Jiangsu Province, China 214400Tel: (86) 510 8683 9999Fax: (86) 510 8641 0780

KUNMINGSpring City Golf & Lake ResortTangchi, Yiliang, Kunming Yunnan Province, China 652103 Tel: (86) 871 6767 1188Fax: (86) 871 6767 1119

NaNTONGKeppel Lakefront (Nantong) Property Development Co. Ltd.10 Shanghai Road NETDAJiangsu Province, China 226010Tel: (86) 513 8919 9798Fax: (86) 513 8919 0788

SHaNGHaIKeppel Land China Limited(Head Office)39th Floor Wheelock Square1717 Nanjing West RoadShanghai, China 200040Tel: (86) 21 6171 2121Fax: (86) 21 6171 2122

Keppel Land (Shanghai) Management Co., Ltd.Room 2001 Park Place1601 Nanjing West RoadShanghai, China 200040Tel: (86) 21 6288 3066Fax: (86) 21 6288 2799

SHENyaNGKeppel Township Development (Shenyang) Co., Ltd.No. 26 Puxin RoadShenbei New DistrictShenyang Liaoning Province, China 110135Tel: (86) 24 8972 7567Fax: (86) 24 8972 7599

TIaNJINKeppel Hong Da (Tianjin Eco-City)Property Development Co., Ltd.No. 2018 Zhong Tian Da Dao RBO Block 13, Level 1 Unit 101, Eco-Business Park, Sino-Singapore Tianjin Eco-City,Tianjin, China 300467 Tel: (86) 22 6633 1088Fax: (86) 22 6537 6025

WUXIKeppel Lakefront (Wuxi)Property Development Co., LtdKeppel Waterfront Residence Sales GalleryNortheast of West Gaolang Road & Jinshi Road Binhu District, Wuxi Jiangsu Province, China 214121Tel: (86) 510 8562 3083Fax: (86) 510 8562 2213

ZHONGSHaNSunsea Yacht Club (Zhongshan) Co., Ltd.No. 23, Cai Hong Rd, Shenwan Town, Zhongshan City, Guangdong Province, China 528462Tel: (86) 760 8892 6108Fax: (86) 760 8892 6178

INDIABaNGaLOREKeppel Puravankara Development Pvt LtdNo. 39, 8th Main, 1’A’ CrossVasanthnagarBangalore 560052, IndiaTel: (91) 08 4150 5000Fax: (91) 08 4150 5008

INDONESIABaTaMPT Nongsa Point MarinaJl. Hang Lekiu Nongsa, Batam 29432, Batam, IndonesiaTel: (62) 778 761 333Fax: (62) 778 761 330

BINTaNPT Ria BintanJl. Perigi Raja Lagoi North BintanKepulauan Riau Bintan ResortsIndonesia 29152Tel: (62) 770 692 868Fax: (62) 770 692 837

CO. REG.NO.: 189000001G

INTERNATIONAL NETWORK

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 3688Should you wish to be included on our mailing list, please email Marketing at marketing@keppelland.com

JaKaRTaPT Keppel LandPT Kepland InvestamaPT Harapan Global NiagaInternational Financial Centre 17th FloorJl. Jend. Sudirman Kav. 22-23Jakarta 12920, IndonesiaTel: (62) 21 571 2238Fax: (62) 21 571 1813

SURaBayaPT Sentral Tunjungan PerkasaJl Kenari 3-5Surabaya 60275, IndonesiaTel: (62) 31 532 7261Fax: (62) 31 531 4957

MALAYSIAJOHOR BaHRUTanah Sutera Development Sdn BhdNo. 2 Jalan Sutera Merah 2Taman Sutera81200 Johor Bahru, MalaysiaTel: (60) 7 289 9009Fax: (60) 7 289 9119

MYANMAR MaNDaLaySedona Hotel MandalayNo. 1 Junction of 26th & 66th StreetChan Aye Tharzan TownshipMandalay, MyanmarTel: (95) 2 36 488Fax: (95) 2 36 499

yaNGONSedona Hotel YangonNo. 1 Kaba Aye Pagoda RoadYankin TownshipYangon, MyanmarTel: (95) 1 666 900Fax: (95) 1 666 911

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THE PHILIPPINESORTIGaS, MaNILaKeppel Philippines Properties, Inc.Units 2203-2204 Raffles Corporate Center BuildingF Ortigas Jr. AvenueOrtigas CenterPasig City 1605Tel: (63) 2 584 6170/71Fax: (63) 2 584 3915

VIETNAMHaNOIKeppel Land Vietnam Company Ltd (Hanoi Branch Office)Unit 05B, 2nd Floor, International Centre17 Ngo Quyen Street, Hoan Kiem DistrictHanoi, VietnamTel: (84) 4 3936 7745Fax: (84) 4 3936 7680

HO CHI MINH CITy (HCMC)Keppel Land Vietnam Company Ltd(Head Office)Unit 2, 8th Floor, Saigon Centre65 Le Loi Boulevard, District 1HCMC, VietnamTel: (84) 8 3821 8000Fax: (84) 8 3821 3540

Keppel Land Watco Co. Ltd4th Floor Saigon Centre65 Le Loi Boulevard, District 1HCMC, VietnamTel: (84) 8 3823 2500Fax: (84) 8 3822 9822

Sedona Suites Ho Chi Minh CitySaigon Centre, 65 Le Loi Boulevard, District 1HCMC, VietnamTel: (84) 8 3822 9666Fax: (84) 8 3822 9229