Link Real Estate Investment Trust (HKSE:00823)
HK$ 36.2 0.8 (2.26%) Market Cap: 92.45 Bil Enterprise Value: 136.31 Bil PE Ratio: 0 PB Ratio: 0.51 GF Score: 85/100

Link Real Estate Investment Trust Acquisition of Jurong Point and Swing By @ Thomson Plaza M&A Call Transcript

Dec 29, 2022 / 12:30AM GMT
Release Date Price: HK$55.2 (+0.35%)
Operator

Thank you for dialing in to this briefing regarding Link's acquisition of 2 retail properties in Singapore and the commencement of asset-light business.

Today, we are glad to have our CEO, Mr. George Hongchoy, our CFO, Mr. Kok Siong Ng; our CCTO, Mr. Ronald Tham; and our COO International, Mr. Greg Chubb with us.

(Operator Instructions) If you encounter any problem submitting questions via chat box, you may send us an e-mail to [email protected]. The questions will be convened to the management during the Q&A session.

I'll now hand over the time to K.S. to take us through the presentation. K.S., please.

Kok Siong Ng
Link Real Estate Investment Trust - CFO & Executive Director of Link Asset Management Limited

Thank you, Sylvia. Good morning to all. Last evening, we announced the acquisition of Jurong Point and Swing By at Thompson Plaza from Mercatus together with the commencement of our asset and property management business in Singapore. This will be our first investment into Singapore and represents our continued push

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