Marina Bay Financial Centre Welcomes 2009 with the Marina Bay SINGAPORE Countdown

31 Dec, 2008

Singapore, 31 December 2008 – For the third consecutive year, Marina Bay Financial Centre (MBFC) will be contributing to one of Singapore’s largest and most anticipated events to herald in the New Year – the Marina Bay SINGAPORE Countdown.

Raffles Quay Asset Management (RQAM) General Manager, Mr Wilson Kwong, said: “As a landmark development in Marina Bay, we are delighted to play our part in this iconic event which takes place against the spectacular backdrop of Singapore’s new financial district.

“This annual initiative captures Singapore’s vibrancy and dynamism, and has grown into a year-end event many people look forward to. I’m sure our future MBFC tenants and residents are looking forward to catch the fireworks ‘live’ when our development is completed,” he added.

The Marina Bay SINGAPORE Countdown 08/09 will take place on 31 December. Regarded as the biggest countdown event in Singapore, some 250,000 Singaporeans and tourists are expected to participate in the event to usher in the New Year, with millions more around the region watching the ‘live’ telecast on television. Singapore viewers can watch the festivities on Channel 5 from 10.30pm on 31 December, 2008 to 12.15am on January 1, 2009 while Channel NewsAsia International will televise the countdown and fireworks to a wider audience in Asia.

More than just a countdown event, the Marina Bay SINGAPORE Countdown has become an annual tradition for many looking to welcome the New Year in a meaningful way. As with previous years, members of the public have been invited to pen their wishes for the New Year on 10,000 spheres, double the number at the last countdown, which will be illuminated and set afloat along the Bay.

Noted Mr Kwong: “More than at any other time during the year, New Year’s Eve gives us the opportunity to take a step back and reflect on the year that has passed and look ahead to the new year. 2009 will be an exciting year for MBFC as we begin to see the development take shape and assume its place as the centrepiece in Marina Bay.”

In recognition of its contributions towards the Marina Bay SINGAPORE Countdown 07/08, MBFC was conferred the Associate of the Arts Award by the National Arts Council in October 2008.

For more information, please contact: 
Mak Ying Kwan
Baldwin Boyle Shand Limited
DID: (65) 6538 9211 ● HP: (65) 9696 6830

Rose Tong
Raffles Quay Asset Management Pte Ltd
DID: (65) 6411 5792 HP: (65) 9368 7878

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.

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 Singaporebased 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 geographically 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).

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