Page 18 - ar2013

16 Clarity CapitaRetail China Trust Annual Report 2013
FEBRUARY
–Distributable
income of
S$66.8 million
for the financial
year ended 2012
was 16.8% higher
than the previous
year. Distribution
per unit for
financial year
ended 2012
was 9.54 cents,
highest achieved
since IPO.
JULY
–CapitaMall
Minzhongleyuan
officially closed
for asset
enhancement
works.
–Announced the
proposed
acquisition of
CapitaMall Grand
Canyon in south of
Beijing, China.
–Net property income
increased 6.2%
and distributable
income grew
7.5% year-on-year
in 2Q 2013.
Year in Brief
APRIL
–Net property
income grew 4.6%
and distributable
income 4.2%
year-on-year
for 1Q 2013.
–Held its annual
general meeting
with all the
resolutions
duly passed.
SEPTEMBER
–Paid a
distribution
per unit of
4.69 cents to
Unitholders
for the period
1 January 2013
to 30 June 2013.
Unitholders
are given the
option to apply
for DRP
for the
first time
for this
distribution.
MARCH
–Established
Distribution
Reinvestment
Plan (DRP), to
encourage current
Unitholders to
increase their
unitholdings in
CRCT without
incurring brokerage
fees, stamp duties
(if any) and
other related costs.
–Paid a distribution
per unit of 1.50
cents to Unitholders
for the period
2 November 2012 to
31 December 2012.
OCTOBER
–3Q 2013
distributable
income
increased
2.1% year-on-year
despite the
closure of
CapitaMall
Minzhongleyuan
for asset
enhancement.
DECEMBER
–Completed
acquisition
of CapitaMall
Grand Canyon.
2013
NOVEMBER
–Launched
preferential
offering which
was subscribed
1.8 times
and successfully
raised S$59.0
million for the
acquisition
of CapitaMall
Grand Canyon.