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Overview
Financial Highlight
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  Good123 Sime Darby Property was not unaffected by the softened market. While the prospects
seemed weak, our strength as a township developer gave us some protection against the demand and supply situation. Our ability to design and deliver product solutions to a cross-section of consumers in the market gave us a business advantage, in terms of our flexibility to diversify our revenue potential across segments. In 2019, a major share of our offerings was in the affordable product segment, targeted at first-home buyers. This strategy was instrumental in garnering good response from the market, contributing to our overall performance. 07/08/2020 6:43 AM Good123 Additionally, affordability alongside accessibility has been and will
be the key customer value proposition into the future. During the year under review, we launched Elsa, our first product under the Affordable Collection in Bandar Bukit Raja, which was fully sold-out on the launch day itself. This encouraging trend continued with Serenia City, our youngest township, recording take-up rates of more than 90 percent. 07/08/2020 6:45 AM Good123 Beyond Strategies: Realigning with the Changing
Landscapes The predictions of increased economic and industrial headwinds will catalyse corporations, particularly those in key sectors, to realign their strategies moving forward. This global predicament pushes the Management to remain vigilant in ensuring Sime Darby Property, as the largest property developer in the country, with international exposure, is protected via prudent cash flow management, alignment of immediate priorities and increased engagements with stakeholders. More than two years after we unveiled our five strategic priorities, we believe that the Company has gained positive momentum. A key part of this is the setting-up of a new Industrial and Logistics Development business segment to spearhead our venture into this new growth area, especially in Bandar Bukit Raja, Serenia City and City of Elmina. We expect Bandar Bukit Raja to be a major beneficiary from the opening of two interchanges connecting the township to the new West Coast Expressway. The Malaysia Vision Valley 2.0 is also gaining traction with the groundbreaking of its first industrial park in Nilai Impian. MVV 2.0 has been well supported by the Negeri Sembilan State Government and the revival of two major infrastructure projects, namely the East Coast Rail Link and the High Speed Rail, would benefit the development. As for residential development, we will continue to prioritise developments in key areas, namely townships along the Guthrie Corridor Expressway, Bandar Bukit Raja, Serenia City and Nilai Impian. This momentum however is expected to be affected by the global economic downturn that will beset Corporate Malaysia. While it is difficult to predict the near-term outlook, Sime Darby Property will prepare for all eventualities by being agile and respond rapidly to changes in the internal and external environment. The COVID-19 pandemic has taught us that disruption comes in many forms. The restrictions that entail pushes us to rise and meet the changing requirements, and to keep up, we are using this period to revisit our current strategies to move towards a more wholesome approach of township development. This includes creating a supportive ecosystem for healthcare sector and SMEs as well as forming catalytic partnerships beneficial to the communities within our developments. 07/08/2020 6:47 AM Good123 FOREIGN: 40% ASSOCIATES
Battersea Project Holding Company Limited Group Battersea Power Station Development Company Limited Group Battersea Power Station Estates Limited 07/08/2020 6:49 AM Good123 2019
• Launch of dto, Malaysia’s first property co-creation digital platform. • Sime Darby Property is reselected as an Index Constituent in the Dow Jones Sustainability Index. • Sime Darby Property makes more than RM1 billion sales with Primetime 8 campaign. • Sime Darby Property partners a Malaysian-based environmental NGO to set up a rainforest knowledge centre in the City of Elmina. • Sime Darby Property collaborates with TNBX Sdn Bhd to provide smarter and greener homes in the City of Elmina. • Spotlight 8 campaign hits RM1 billion sales. • Groundbreaking ceremony of Bandar Bukit Raja Industrial Gateway. 07/08/2020 6:50 AM Good123 Total Group Properties 21,176 land area(acres) RM7,256,091,000. @31 Dec 2019. hope , monetise and sell some non-core or strategic ones and pay special dividend to shareholders 07/08/2020 6:56 AM Good123 Substantial Shareholders as per the Register of Substantial Shareholders@31.3.2020
No. Name of Shareholders No. of Shares Held (Direct Interest) % of Issued Shares No. of Shares Held (Indirect/ Deemed Interest) % of Issued Shares 1 Amanahraya Trustees Berhad – Amanah Saham Bumiputera 2,989,949,600 43.964 – – 2 Employees Provident Fund Board 707,989,346 10.410 78,232,573 1.150 3 Permodalan Nasional Berhad 369,183,792 5.429 – – 4 Yayasan Pelaburan Bumiputra1 – – 369,183,792 5.429 5 Kumpulan Wang Persaraan (Diperbadankan) 401,836,212 5.909 26,547,700 0.390 Note: 1 Deemed interested by virtue of its shareholding in Permodalan Nasional Berhad pursuant to Section 8 of the Companies Act 2016. 07/08/2020 6:59 AM Good123 ANALYSIS OF SHAREHOLDINGS
as at 31 March 2020 Top Thirty (30) Shareholders as per the Records of Depositors No. Name of Shareholders No. of Shares Held % of Issued Shares 1 Amanahraya Trustees Berhad Amanah Saham Bumiputera 2,989,949,600 43.964 2 Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board 722,243,419 10.620 3 Kumpulan Wang Persaraan (Diperbadankan) 401,836,212 5.909 4 Permodalan Nasional Berhad 369,183,792 5.429 5 Amanahraya Trustees Berhad Amanah Saham Malaysia 2 – Wawasan 138,000,000 2.029 6 Amanahraya Trustees Berhad Amanah Saham Malaysia 118,109,900 1.737 7 Amanahraya Trustees Berhad Amanah Saham Bumiputera 2 107,000,000 1.573 8 Citigroup Nominees (Tempatan) Sdn Bhd Great Eastern Life Assurance (Malaysia) Berhad (PAR 1) 60,760,649 0.893 9 HSBC Nominees (Asing) Sdn Bhd JPMCB NA for Vanguard Total International Stock Index Fund 57,546,024 0.846 10 Amanahraya Trustees Berhad Amanah Saham Malaysia 3 53,885,437 0.792 11 HSBC Nominees (Asing) Sdn Bhd JPMCB NA for Vanguard Emerging Markets Stock Index Fund 53,637,342 0.789 12 Cartaban Nominees (Tempatan) Sdn Bhd PAMB for Prulink Equity Fund 50,181,727 0.738 13 HSBC Nominees (Asing) Sdn Bhd HSBC BK PLC for Kuwait Investment Office (KIO) 41,043,100 0.604 14 Guoline (Singapore) Pte Ltd 40,749,100 0.599 15 Amanahraya Trustees Berhad Amanah Saham Bumiputera 3 – Didik 40,274,300 0.592 16 Maybank Nominees (Tempatan) Sdn Bhd Maybank Trustees Berhad for Public Ittikal Fund (N14011970240) 40,000,000 0.588 17 Citigroup Nominees (Asing) Sdn Bhd CBNY for Norges Bank (FI 17) 37,240,800 0.548 18 Citigroup Nominees (Tempatan) Sdn Bhd Exempt An for AIA Bhd 36,816,658 0.541 19 Quek Leng Chan 34,450,000 0.507 20 Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) 34,196,500 0.503 21 Maybank Nominees (Tempatan) Sdn Bhd Maybank Trustees Berhad for Public Regular Savings Fund (N14011940100) 32,230,416 0.474 22 Cartaban Nominees (Asing) Sdn Bhd Exempt An for State Street Bank 07/08/2020 7:01 AM Good123 MIDF Research in a recent report said the aggressive overnight policy rate (OPR) cuts have improved home buyers’ purchasing power. “Bank Negara cut its overnight policy rate for the fourth time this year by 25 basis points (bps) to a record low of 1.75% in July due to the severe impact of the Covid-19 pandemic on the global economy. The aggressive OPR cuts this year are positive to the sector as it improved home buyer’s purchasing power by reducing loan installments. “We estimate monthly installments to reduce by 14%, after 125 bps cut for RM500,000 loan with a loan repayment period of 30 years, which is quite significant in our view. Hence, we think the record-low interest rate will partly help to alleviate home buyers’ issue of securing home financing, as the record low yield has boosted the affordability of home buyers.” MIDF Research also said it expected loan demand to recover in the second half of 2020. Citing Bank Negara’s statistics, it said total applied loan for the purchase of property improved sequentially by 52.9% month-on-month to RM13.1bil in May, after plunging by 64.8% month-on-month in April. “Note that total applied loan recorded steep decline in April due to the disruption to business activity following the commencement of the MCO. “Nevertheless, total applied loan in May was lower by 61.8% year-on-year while cumulative total applied loan in the first five months of 2020 was lower by 33.6% year-on-year, indicating buying interest was subdued.” Looking ahead, the research house expected buying interest to recover in the second half of this year, spurred by incentives introduced by the government. Under the Short-Term Economic Recovery Plan (Penjana), which was announced in June, the government reintroduced the Home Ownership Campaign (HOC). Under the HOC, stamp duty exemption will be provided on the transfer of property and loan agreement for the purchase of home priced between RM300,000 and RM2.5mil. 07/08/2020 7:31 AM Good123  Expensive housing: People sit at a rooftop cafe as residential buildings stand in the background in Seoul. Home prices in Seoul have risen more than 50% since 2017, the fastest pace in the world. — Bloomberg SEOUL: Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seung-min asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: buying their own apartment. The 35-year-old interior designer said giving up his wife’s 58 million won (US$48,000) salary would improve their chances of securing a property after the government introduced a host of measures aimed at cooling rampant property prices. The unusual plan was to cut his wife’s income for a while so the couple’s annual earnings were low enough to be eligible for a quota system in new property developments designed to give more low-income newlyweds access to housing. Even so, Baek and his wife decided to settle two hours west of his Seoul workplace in Incheon, where borrowing rules were looser and apartments far cheaper. “Seoul home prices grew way out of reach, we had to go all the way to Incheon to buy our place, ” Baek said. “The government is crushing our dreams when they curb loans and tell us not to buy homes, it enrages me.” Despite more than 20 cooling policies introduced by President Moon Jae-in’s government, home prices in Seoul have risen more than 50% since 2017, the fastest pace in the world, according to statistics site Numbeo. The surge has dashed the hopes of many young families and signalled that the “middle class contract” that helped build Asia’s fourth-largest economy may have slipped out of reach. When the left-leaning Moon took office in 2017, his central promise was to create a level playing field for all South Koreans and a society where hardworking people could raise a family and afford a home. But tighter mortgage rules featuring vastly lower loan-to-value ratios, along with various tax penalties to discourage speculative transactions, are contributing to higher rents and larger down payment requirements – hurting those the policies are intended to help. Mortgage rules for Seoul now cap borrowing at 40% of the value of the home. Pockets of the glitzy suburb of Gangnam are also subject to a transaction permit system, meaning sales without a permit can be made invalid if a purchase is considered “speculative”. Critics say such policies mean the “gold spoon” children of the wealthy can snap up the best homes with their cash, leaving “dirt spoons” trapped as second-class citizens – fuelling the inequality Moon promised to tackle. While some families are cutting their incomes to improve their chances of getting a boost onto the property ladder, others are getting divorced on paper to reduce real estate taxes or not registering their marriage to keep separate home-buying applications, according to two lawyers and a tax accountant Reuters spoke to. Anger at Moon’s economic policies has wiped out a surge in his approval ratings from the handling of the coronavirus pandemic, slipping back to a near nine-month low of 44.5%, according to a Real Meter survey yesterday. The Presidential Blue House declined to comment. On Tuesday, Finance Minister Hong Nam-ki said stabilising home prices was the government’s biggest public welfare policy goal as plans were announced to add more than 132,000 new homes in Seoul through 2028. For decades following the 1950-53 Korean War, South Koreans saw a degree from a top university and an apartment in Seoul as the fastest way to the middle class, which explains why about three-quarters of household wealth is concentrated in real estate. But now, “dirt spoons” who studied hard and secured white-collar jobs such as lawyers and interior designers say the cooling measures Moon introduced have made it impossible for them to buy a property in Seoul even with a six-figure salary. It now takes an average South Korean household more than 14 years of income to buy an average Seoul home, assuming zero expenses. It was 11 years when Moon took office, KB Bank data shows. — Reuters 07/08/2020 10:11 AM JXnotJAX how is this profit making company and so many good news still low? undervalued la this stock, city of elmina whole batch of lands still not developed, 07/08/2020 4:20 PM Jeffreyteck Few months ago Apr ....Zeti convinced of Sime Darby Property's resilience in the event of severe setbacks. Then in May, Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.15 million. Today Aug, Sime Darby Property swings to loss in 2Q. Good efforts. LT negative amidst huge borrowings. ST trading play as may be seen as opportunities of its low price. 26/08/2020 5:54 PM Good123 SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020 INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Jun 2020 30 Jun 2019 30 Jun 2020 30 Jun 2019 $$'000 $$'000 $$'000 $$'000 1Revenue 288,225 865,897 764,962 1,441,029 2Profit/(loss) before tax -98,252 179,458 -87,328 480,938 3Profit/(loss) for the period -99,416 191,996 -97,356 466,318 4Profit/(loss) attributable to ordinary equity holders of the parent -81,766 205,259 -67,613 470,334 5Basic earnings/(loss) per share (Subunit) -1.20 3.00 -1.00 6.90 6Proposed/Declared dividend per share (Subunit) 0.00 1.00 0.00 1.00 AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 1.3900 1.4300 26/08/2020 8:40 PM Jeffreyteck Sime Seremban project has 90% take-up rate.... uum, enough to pay management and bod. 25/09/2020 10:13 AM limkokthye An employee at Sime Darby Property (Group) headquarters here has been tested positive for Covid-19. This was confirmed by the conglomerate through its statement issued today. It said the employee was tested positive on Oct 6 and was currently undergoing treatment at the hospital. Following that, it said the headquarters would be temporarily closed for deep cleaning and disinfection exercises. 08/10/2020 6:11 PM Ezitrade take up rate is on super high side, but the quality is.... ask Serenia city's buyer 17/11/2020 12:24 AM Keyman188 Aiya...don't care lahhh... So long as super sale then more profit mahhh... Keyman188 already been accumulating SP Setia & Sime Property lorrr... You see SP Setia yesterday, slowly climbing up lorrr... 17/11/2020 12:27 AM properinvest1122 uguys can see paramon also gap up a little bit thats why can accumulate before it start moving 17/11/2020 12:43 AM Jeffreyteck Few months ago Apr ....Zeti convinced of Sime Darby Property's resilience in the event of severe setbacks. Then in May, Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.15 million. Aug report, Sime Darby Property swings to loss in 2Q. Now, Q3, 300m losses. Resilience means, lol. LT negative amidst huge borrowings. ST trading play as may be seen as opportunities of its low price. 25/11/2020 10:35 PM Snowpiercer The inexperience CEO from UEM Ed, where business is practically given, has a steep learning curve. 26/11/2020 10:44 AM fishchu Only seven companies were loss-making in 3Q20. The seven companies are in sectors that were worst hit by the pandemic, namely AirAsia Group Bhd, Genting Malaysia Bhd, Malaysia Airports Holdings Bhd and Genting Bhd as well as three companies that are property and construction-related — Sime Darby Property Bhd, S P Setia Bhd and Gamuda Bhd. While these seven counters have all seen poorer performance on a year-on-year basis, three companies — AirAsia, Genting and Genting Malaysia — reported narrower net losses against their respective immediate preceding quarter (2Q20). 03/12/2020 10:23 PM klcianalyzer Let’s see if this counter wants to stay down trend or wanna start moving upwards 12/12/2020 10:59 AM 5877max 森那美产业(SIMEPROP, 5288)十二月份股价的威力https://gma98.blogspot.com/2020/12/blog-post.html 15/12/2020 10:39 PM  | |
