CapitaLand CFO on Earnings, Ascendas Merger, China, Singapore Property Prices

The transcript discusses the challenges and strategies in global markets, focusing on China and Singapore. It highlights the importance of diversification and operational excellence. A significant merger is underway, aiming for integration by December 2020. The Chinese market faces consolidation due to defaults, while Singapore's market is affected by cooling measures. The company aims to maintain disciplined growth in both regions.

What is the key strategy for maintaining success in diverse markets?

• Reducing workforce

• Investing heavily in technology

• Maintaining operational excellence across sectors

• Focusing on a single market

What is the main challenge in large mergers according to the transcript?

• Finding new markets

• Integration and execution

• Raising capital

• Reducing costs

What trend is observed among Chinese property developers?

• Focusing on luxury properties

• Reducing property prices

• Consolidation through buying smaller rivals' debt

• Expansion into new markets

What is the growth target for home sales in China?

• 2,000 to 4,000 homes a year

• 4,000 to 6,000 homes a year

• 6,000 to 8,000 homes a year

• 8,000 to 10,000 homes a year

What was the reaction to the cooling measures in Singapore's property market?

• They were expected and planned for

• They caught everyone by surprise

• They had no impact

• They were welcomed by developers

What is the expected trend for Singapore property prices?

• No change

• A moderate increase

• A significant decrease

• A significant increase

What is the focus for Singapore's residential market strategy?

• Building luxury homes

• Selling 1,000 to 2,000 homes a year

• Expanding into new regions

• Reducing property prices