[1]
Equivalent to Fitch’s rating of 'BBB'
[2]
Moody’s only assigns a provisional rating to
MTN Programme and will issue a definitive
rating upon specific notes issuance
AUG
MAY
JUL
MAR
2014
2014
2014
2014
4
th
Aug
Announced 2Q 2014 results:
Gross revenue increased
12.2% year-on-year to S$25.3
million. Distributable income
increased 10.2% year-on-year to
S$17.5 million.
DPU of 2.90 cents for the period
declared.
Announced the 2.81% increase
in the MinimumGuaranteed Rent
for eighth year of lease term
commencing 23 August 2014
for Singapore Hospital Properties,
under the CPI +1% rental revision
formula.
Termed out 52% of 2015
refinancing requirements and
extended its corresponding
interest rate hedge to the second
half of 2019.
15
th
Jul
Fitch affirmed 'BBB'
investment grade rating
with “Stable” outlook
28
th
Mar
Announced the completed
acquisition of 2 Japan
nursing homes and an
extended-stay lodging
facility for the elderly
in Osaka prefecture of
Japan, namely Maison des
Centenaire Hannan, Maison
des Centenaire Ohhama and
Sunhill Miyako.
2
nd
May
Announced 1Q 2014 results:
Gross revenue increased
6.8% year-on-year to S$24.6
million. Distributable income
increased 6.9% year-on-year
to S$17.1 million.
DPU of 2.82 cents for the
period declared.
8
th
May
Moody’s assigned PLife REIT
a 'Baa2'
[1]
issuer rating as well
as a provisional '(P)Baa2'
[2]
senior unsecured rating to
the MTN Programme, with
“Stable” outlook.
33
A N N U A L R E P O R T 2 0 1 4
