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• Revenue: +13% (4Q09), +48% (FY09)
• Net Profit: NM (4Q09), -12% (FY09)
• Outlook: As a whole, the development projects of the Group are expected to contribute positively to the Group’s performance in FY2010.
• The Group plans to launch the industrial project at Ubi Ave 4 in FY2010.
• The construction division remains selective in all tenders to ensure jobs are secured with reasonable prices and margins.
• Notwithstanding the uncertain global economic situation, the Group expects to achieve a set of profitable operating results for FY2010.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 190,979 161,047 87,629 135,798 575,453
2008 65,925 79,861 123,584 120,270 389,640

FY 1H 2H Total
2007 81,866 237,048 318,914
2006 74,222 71,951 146,173
2005 71,457 77,929 149,386
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 22,521 9,515 13,278 (6,612) 38,702
2008 6,760 13,593 16,565 7,202 44,120

FY 1H 2H Total
2007 7,661 25,583 33,244
2006 7,007 12,361 19,368
2005 6,973 4,867 11,840
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Dividends

FY Interim Final Special (SGD)
2009 NA 0.0140 NA
2008 NA 0.0160 NA
2007 NA 0.0150 NA
2006 NA 0.0150 0.0050
2005 NA 0.0127 0.0093
2004 NA 0.0150 0.0150
2003 NA 0.0150 0.0050
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Bonus / Rights / Stock Split

Date Type Details
2006-11-01 Bonus OFFER OF 1 FOR 1
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Share Data (SGD)

NAV = $0.3807
EPS = $0.0682 (12M FY09)
No of Shares = 567,889,140
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA