YEAR IN BRIEF
16 April 2014
Achieved a DPU of 1.251 cents for
1Q2014, an increase of 1.4% y-o-y
17 April 2014
Convened our AGM where all three
resolutions set out in the Notice of
AGM were duly passed
29 April 2014
Issued a S$30 million six year MTN
at 4.1% p.a. Issuance was 1.2 times
subscribed
3 June 2014
Completed the AEI Phase I for 3
Pioneer Sector 3 four months ahead
of schedule and achieved cost
savings of S$1.0 million, bringing the
total cost to S$44.4 million
Commenced the AEI Phase II for 3
Pioneer Sector 3 for approximately
S$12.4 million
Standard & Poor’s reaffirmed CIT’s
credit rating of BBB-/Stable/--
5 June 2014
New units issued and listed at an
issue price of S$0.7168 per unit
under the DRP. The take-up rate was
around 41%
24 July 2014
Achieved a DPU of 1.251 cents for
2Q2014, an increase of 0.9% y-o-y
31 July 2014
Completed the AEI for 30 Toh Guan
Road, a three-storey detached
building comprising car showrooms,
car workshops, ancillary office and
a two-storey annex building for
approximately S$2.3 million
10 September 2014
New units issued and listed at an
issue price of S$0.6980 per unit
under the DRP. The take-up rate was
around 34%
12 September 2014
Completed the acquisition of 12
Ang Mo Kio Street 65, a six-storey
purpose-built light industrial building
for a purchase consideration of
S$39.8 million
17 January 2014
Achieved a DPU of 4.976 cents for
FY2013, an increase of 4.0% y-o-y
3 March 2014
New units issued and listed at an
issue price of S$0.6737 per unit
under the DRP. The take-up rate was
around 35%
17 March 2014
Completed the acquisition of
30 Teban Gardens Crescent, a three-
storey industrial building with a single
storey factory cum car showroom
and a new two-storey annex block
housing a showroom cum ancillary
office for a purchase consideration
of S$41.0 million
24 March 2014
Completed the divestment of 81
Defu Lane 10 for S$7.8 million,
approximately 16% above the book
value of S$6.7 million
29 March 2014
Participated in the Earth Hour 2014,
organised by the World Wide Fund for
Nature ("WWF") Singapore, together
with our tenants
31 March 2014
The appointment of new CEO,
Mr Philip Levinson
Completed the acquisition of
11 Chang Charn Road, a six-storey
light industrial building for a purchase
consideration of S$32.0 million
2014
JAN / MAR
APR / JUN
JUL / SEP
CAMBRIDGE INDUSTRIAL TRUST | ANNUAL REPORT 2014
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