21 Oct, 2008
Singapore, 21 October 2008 – Marina Bay Financial Centre (MBFC) was conferred the Associate of the Arts Award by the National Arts Council tonight in recognition of its contributions towards last year’s Marina Bay SINGAPORE Countdown. Recipients of the National Arts Council’s Patron of the Arts Awards are recognised for contributing towards the promotion of cultural and artistic activities in Singapore.
Raffles Quay Asset Management General Manager Mr Wilson Kwong said, “An artistically vibrant society complements Singapore’s position as a global financial centre. As a premium landmark development in Marina Bay, MBFC is glad to support events that will enhance the lifestyle and entertainment experience of the approximately 50,000 professionals and residents in our two luxurious waterfront apartments and three office towers when completed.”
The Singapore Countdown 2007 transformed Marina Bay into a visual spectacle of light, sound and colour with 5,000 floating spheres lighting up the waters topped off by a stunning fireworks display. This annual event attracts about 250,000 people to the Marina Bay area to ring in the New Year with millions more watching a ‘live’ broadcast of the event over television.
Strong supporters of the Arts, the developers of MBFC and One Raffles Quay commissioned Singapore’s tallest public sculpture, Momentum at Finlayson Green, a busy intersection linking Raffles Quay, Marina Bay and the Esplanade area. Standing at 18.35 metres, this steel sculpture by David Gerstein was unveiled in December 2007. Another art piece, R11i01, created by Iñigo Manglano-Ovalle for the inaugural Singapore Biennale 2006 and sponsored by One Raffles Quay tenant, Deutsche Bank, is now displayed near the entrance of the South Tower at One Raffles Quay.
As part of its continuing efforts to shape Singapore’s art scene, MBFC is expected to host more art installations on its premises when fully completed in 2012.
For more information, please contact:
Mak Ying Kwan
Baldwin Boyle Shand Limited
DID: (65) 6230 5115
HP: (65) 96966830
Email: yingkwan.mak@bbspr.com.sg
Rose Tong
Raffles Quay Asset Management Pte Ltd
DID: (65) 6411 5792 HP: (65) 9368 7878
Email: rose.tong@orq.com.sg www.mbfc.com.sg
About Marina Bay Financial Centre
Marina Bay Financial Centre (MBFC) is being developed by a joint venture by three of Asia’s most experienced and trusted property developers – Cheung Kong (Holdings)/Hutchison Whampoa, Hongkong Land and Keppel Land. Singapore Countdown at Marina Bay Occupying centre-stage of Singapore’s spectacular new downtown at Marina Bay, MBFC is a purpose built financial centre designed to ensure Singapore’s place as a key financial hub of South-East Asia. MBFC sits on a prime waterfront 35,500 square metre site offering a breathtaking blend of three distinguished office towers with about 2.92 million square feet of Grade A office space, two residential towers comprising 649 luxury apartments and penthouse as well as approximately 119,000 square feet of retail space to meet the daily convenience of our business community and residents.
About Raffles Quay Asset Management Pte Ltd
Incorporated in 2001, Raffles Quay Asset Management Pte Ltd (RQAM) is a Singapore-based company which manages One Raffles Quay (ORQ) and Marina Bay Financial Centre (MBFC), both of which are premium developments in Singapore’s new downtown at Marina Bay.
Completed in 2006, One Raffles Quay is 100% leased and is home to several major and leading global financial institutions. Marina Bay Financial Centre will be completed in 2 Phases between 2010 and 2012, and when fully completed, will incorporate about 2.92 million square feet of prime Grade A office space, 119,000 square feet of retail space spread within the MBFC development and two luxury towers comprising 649 luxury residences sited in this prime waterfront location.
About Cheung Kong (Holdings)/Hutchison Whampoa Limited
Cheung Kong (Holdings) Limited is a property development and strategic investment company based in Hong Kong. It is one of the largest property developers in Hong Kong, having developed about one in twelve private residences in the territory. The company also owns a large portfolio of commercial, residential and industrial premises in Hong Kong, and is a major developer of the Central District.
In Singapore, Cheung Kong’s residential property portfolio includes Cairnhill Crest, an oasis of tranquility ensconced in prime district 9, and Costa del Sol, a prestigious east coast marine-themed development.
In terms of commercial property, the Company developed One Raffles Quay in its first joint venture with Keppel Land and Hongkong Land in Singapore.
Cheung Kong is a substantial unit holder in Fortune REIT – which holds eleven retail malls in Hong Kong and was listed on The Singapore Exchange in August 2003 – with a 26.92% stake.
About Hongkong Land
Hongkong Land is one of Asia’s leading property investment, management and development groups. Founded in Hong Kong in 1889, the Group has business interests across the region. Hongkong Land’s business is built on partnership, integrity and excellence.
In Hong Kong, the Group owns and manages some five million sq. ft of prime commercial space that defines the heart of the Central Business District. In Singapore, it is helping to create the city-state’s new Central Business District with the expansion of its joint venture portfolio of new developments. Hongkong Land’s properties in these and other Asian centres are recognised as market leaders and house the world’s foremost financial, business and luxury retail names.
Hongkong Land also develops premium residential properties in a number of cities in the region, not least in Singapore where its 77%-owned listed affiliate, MCL Land, is a significant developer.
Hongkong Land Holdings Limited is incorporated in Bermuda. Its primary listing is in London, and its shares are also listed in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.
About Keppel Land Limited
Keppel Land Limited is the property arm of the Keppel Group, one of Singapore’s largest multi-national groups. The Company is one of the largest property companies by total assets on the Singapore Exchange.
One of Asia’s premier property companies, Keppel Land is recognised for its sterling portfolio of quality award-winning residential developments and investment-grade commercial properties, and high standards of corporate governance and transparency.
Keppel Land is geographic ally diversified in Asia and has a strategic focus on two core businesses of property development and property fund management. A leading prime office developer in Singapore, Keppel Land contributes to defining and refining the city’s skyline with landmark developments such as Ocean Financial Centre, One Raffles Quay and Marina Bay Financial Centre.
The Company is also Asia’s premier home developer with world-class iconic waterfront residences such as Reflections at Keppel Bay, Marina Bay Residences and Marina Bay Suites in Singapore.
Keppel Land has also garnered several FIABCI awards for its developments including Prudential Tower (Office Category – 2004) and Caribbean at Keppel Bay (Residential category – 2006).