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17-08-2013, 04:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
ST: Soilbuild soars on 4 pillars of strength (http://www.tremeritus.com/2013/08/17/st-soilbuild-soars-on-4-pillars-of-strength/)
http://images.dmca.com/Badges/dmca_protected_sml_120n.png?ID=f11d7371-0ef1-483b-888a-04e8d2ba2e94
http://www.tremeritus.org/wp-content/themes/WP_010/images/PostDateIcon.png August 17th, 2013 | http://www.tremeritus.org/wp-content/themes/WP_010/images/PostAuthorIcon.png Author: Editorial (http://www.tremeritus.com/author/editorial/)
http://www.tremeritus.org/wp-content/uploads/2013/08/ST_20130812_JRSCHAPHUAT5KKC_3787266e-300x170.jpg
Soilbuild co-founder and executive chairman Lim Chap
Huat (ST Photo)
The Straits Times highlighted the success of one Singapore company, Soilbuild
Group Holdings, on 12 Aug (‘Soilbuild soars on 4 pillars of strength’).
It reported that Soilbuild’s boss, Mr Lim Chap Huat, said that being fair,
grateful, different and relevant has set the company apart from others.
Mr Lim, the executive chairman of Soilbuild, also believes that
diversification for the construction and property group is par for the course in
an industry that is cyclical by nature. As a testament to that conviction he
launched the Soilbuild Business Space real estate investment trust (Reit)
recently.
“Having a property fund management arm is part of the long-term estate
planning and vision for the group,” he told Straits Times.
The Reit comprised of an initial portfolio of seven of its industrial
properties. The diversified group posted revenue of around $390 million last
year.
When asked what drove Soilbuild to success, Mr Lim told the media that it
boiled down to four areas: being “fair, relevant, different and grateful”.
Soilbuild made news in May this year when it welcomed the Govt’s 6.9 million
Population White Paper.
Ho Toon Bah, Executive Director of Soilbuild Construction Group, said, “The
6.9 million population figure is good news to us. It means that there are more
houses to build and more jobs for us!”
Mr Lim also then added, “We intend to further develop our position in the
public housing sector as HDB ramps up the construction of public housing in the
coming years. We believe that our track record in public sector projects puts us
in good stead to compete in future tenders from the HDB and other public
agencies.”
In Jul 2011, JTC announced that it will be divesting and privatizing two
tranches of its properties to Soilbuild Group Holdings and Mapletree Industrial
Trust for a total of $688 million as part of the second phase of its divestment
activity. The divestment comprise a total of more than 300,000 sqm of property
space.
The first tranche was sold to Soilbuild Group at $288 million consisting of
10 blocks of flatted factories and amenity centres while the second tranche,
which comprises 11 blocks of flatted factories and amenity centres, was divested
to Mapletree Industrial Trust for $400 million.
At the time, JTC CEO said, “The aim of JTC’s divestment exercise is to
promote competitiveness and vibrancy in the industrial property market so that
existing and prospective tenants may benefit from more options and choices.”
He added, “Soilbuild Group Holdings and Mapletree Industrial Trust were
selected after a rigorous two-stage tender process. Both are established players
with a good understanding of the Singapore industrial property market.”
Mapletree is 100% owned by Temasek Holdings and Soilbuild is, of course,
founded by Mr Lim Chap Huat.
As for JTC, it was established on 1 Jun 1968 for the development of land to
support Singapore’s industrialization by then Dr Goh Keng Swee.
Who is Lim Chap Huat?
http://www.tremeritus.org/wp-content/uploads/2013/08/Lim-Chap-Huat.jpg
Lim Chap Huat BBM
Turns out that Mr Lim Chap Huat is a PAP grassroots leader in Nee Soon GRC.
He is the vice-chairman of the Citizens’ Consultative Committee (CCC) in Chong
Pang. On top of that, he is also the Assistant Treasurer at the PAP Chong Pang
Branch (http://pap.chongpang.org/content/branch-organisation).
Mr Lim is also a recipient of PBM (Public Service Medal) and BBM (Public Service
Star).
His company website said of him (http://www.soilbuild.com/abt_our_ppl.html):
“A strong believer in community service, Mr Lim is the vice-chairman of
the Citizens’ Consultative Committee in Chong Pang. His many contributions were
recognised in 2009 when he was conferred the Public Service
Star.”
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?160156-Why-do-Contractors-Like-to-Join-the-FAP&goto=newpost).
ST: Soilbuild soars on 4 pillars of strength (http://www.tremeritus.com/2013/08/17/st-soilbuild-soars-on-4-pillars-of-strength/)
http://images.dmca.com/Badges/dmca_protected_sml_120n.png?ID=f11d7371-0ef1-483b-888a-04e8d2ba2e94
http://www.tremeritus.org/wp-content/themes/WP_010/images/PostDateIcon.png August 17th, 2013 | http://www.tremeritus.org/wp-content/themes/WP_010/images/PostAuthorIcon.png Author: Editorial (http://www.tremeritus.com/author/editorial/)
http://www.tremeritus.org/wp-content/uploads/2013/08/ST_20130812_JRSCHAPHUAT5KKC_3787266e-300x170.jpg
Soilbuild co-founder and executive chairman Lim Chap
Huat (ST Photo)
The Straits Times highlighted the success of one Singapore company, Soilbuild
Group Holdings, on 12 Aug (‘Soilbuild soars on 4 pillars of strength’).
It reported that Soilbuild’s boss, Mr Lim Chap Huat, said that being fair,
grateful, different and relevant has set the company apart from others.
Mr Lim, the executive chairman of Soilbuild, also believes that
diversification for the construction and property group is par for the course in
an industry that is cyclical by nature. As a testament to that conviction he
launched the Soilbuild Business Space real estate investment trust (Reit)
recently.
“Having a property fund management arm is part of the long-term estate
planning and vision for the group,” he told Straits Times.
The Reit comprised of an initial portfolio of seven of its industrial
properties. The diversified group posted revenue of around $390 million last
year.
When asked what drove Soilbuild to success, Mr Lim told the media that it
boiled down to four areas: being “fair, relevant, different and grateful”.
Soilbuild made news in May this year when it welcomed the Govt’s 6.9 million
Population White Paper.
Ho Toon Bah, Executive Director of Soilbuild Construction Group, said, “The
6.9 million population figure is good news to us. It means that there are more
houses to build and more jobs for us!”
Mr Lim also then added, “We intend to further develop our position in the
public housing sector as HDB ramps up the construction of public housing in the
coming years. We believe that our track record in public sector projects puts us
in good stead to compete in future tenders from the HDB and other public
agencies.”
In Jul 2011, JTC announced that it will be divesting and privatizing two
tranches of its properties to Soilbuild Group Holdings and Mapletree Industrial
Trust for a total of $688 million as part of the second phase of its divestment
activity. The divestment comprise a total of more than 300,000 sqm of property
space.
The first tranche was sold to Soilbuild Group at $288 million consisting of
10 blocks of flatted factories and amenity centres while the second tranche,
which comprises 11 blocks of flatted factories and amenity centres, was divested
to Mapletree Industrial Trust for $400 million.
At the time, JTC CEO said, “The aim of JTC’s divestment exercise is to
promote competitiveness and vibrancy in the industrial property market so that
existing and prospective tenants may benefit from more options and choices.”
He added, “Soilbuild Group Holdings and Mapletree Industrial Trust were
selected after a rigorous two-stage tender process. Both are established players
with a good understanding of the Singapore industrial property market.”
Mapletree is 100% owned by Temasek Holdings and Soilbuild is, of course,
founded by Mr Lim Chap Huat.
As for JTC, it was established on 1 Jun 1968 for the development of land to
support Singapore’s industrialization by then Dr Goh Keng Swee.
Who is Lim Chap Huat?
http://www.tremeritus.org/wp-content/uploads/2013/08/Lim-Chap-Huat.jpg
Lim Chap Huat BBM
Turns out that Mr Lim Chap Huat is a PAP grassroots leader in Nee Soon GRC.
He is the vice-chairman of the Citizens’ Consultative Committee (CCC) in Chong
Pang. On top of that, he is also the Assistant Treasurer at the PAP Chong Pang
Branch (http://pap.chongpang.org/content/branch-organisation).
Mr Lim is also a recipient of PBM (Public Service Medal) and BBM (Public Service
Star).
His company website said of him (http://www.soilbuild.com/abt_our_ppl.html):
“A strong believer in community service, Mr Lim is the vice-chairman of
the Citizens’ Consultative Committee in Chong Pang. His many contributions were
recognised in 2009 when he was conferred the Public Service
Star.”
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?160156-Why-do-Contractors-Like-to-Join-the-FAP&goto=newpost).