| CapitaLand China Holdings Group is a
member of CapitaLand, one of the largest listed property companies in Asia, with property,
hospitality and property-related products and services spanning more than 50 cities around
the world. CapitaLand is the merged entity of DBSLand and Pidemco Land in Singapore during
the year 2000. Active in China since 1994, CapitaLand China
Holdings has invested more than RMB 5 billion in China.
Its property developments are in the major districts of Shanghai. The
completed projects prior to the merger include: Parkville, SpringDale and the first phase
of Chrysanthemum Park. It has since accumulated more than 771,690 square meters of
development experience. The projects which are under construction include: Manhattan
Heights and Summit Panorama (second phase of Chrysanthemum Park) which will meet the
market's demand in this industry upon China's entrance into WTO.
The rapid economic development and promising prospect of the market
will further accelerate the CapitaLand Group's development and investment plans. The Group
is dedicated to offer best service and achieve increased investment returns. On top of its
A-class commercial building, Pidemco Tower, and three high-quality serviced apartments by
The Ascott, the Group continues to develop new concepts for its products, especially in
the residential arena. As an international renown organization with forward looking
concepts and designs, quality products and long-term customer relationships, the Group
lives up to its organization value of "Building for People to build People".
CapitaLand China Holdings will continue to build a strong market
base in Shanghai and develop its business in China. On the same hand, it will attract and
nurture highly qualified staff as its core. CapitaLand China Holdings looks forward to
play a vital role in urbanization of Shanghai; turning it into an eastern metropolis of
the new millennium.
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