|Head Office||Hawthorn VIC|
|Registry||Link Market Services|
|Chair Person||Sae-Peng (Simon) Cheong|
|GICS Industry||Real Estate|
|Sub Industry||Real Estate Development|
|Market Cap||$185 m|
|Shares on Issue||406 m|
|52 Week H/L|
Directors and Management
Mr Peter Keith Summers
Chief Executive Officer,Managing Director 27/08/1998
Mr Summers is a Chartered Accountant and has been employed with the Company and its related corporations since 1984, when he joined the Jack Chia Australia Ltd Group from Price Waterhouse (now PricewaterhouseCoopers). During Mr Summers' early period with the group, he held various management and directorship roles within the group. Following the acquisition of the AVJennings residential business in September 1995, Mr Summers was appointed Chief Financial Officer, becoming Finance Director of AVJennings in August 1998. He was appointed Managing Director and Chief Executive Officer of the Company on 19 February 2009. Mr Summers has extensive experience in general and financial management as well as mergers and acquisitions.
BEco, CA Chartered Accountant Male
Mr Sae-Peng (Simon) Cheong
Non-Executive Chairman,Non-Executive Director 21/06/2004
Mr Cheong has over 35 years experience in real estate, banking and international finance. He is the founder and currently serves as Chairman and Chief Executive Officer of SC Global Developments Pte Ltd. (the ultimate holding company). He has formerly held positions with Citibank (Singapore) as their Head of Real Estate Finance for Singapore as well as with Credit Suisse First Boston as a Director and Regional Real Estate Head for Asia (excluding Japan). In 1996, Mr Cheong established his own firm, SC Global Pte Ltd, a real estate and hotel advisory and direct investment group specialising in structuring large and complex transactions worldwide. He was twice elected President of the prestigious Real Estate Developers' Association of Singapore (REDAS) for 2 terms from 2007 till 2010. He served on the Board of the Institute of Real Estate Studies, National University of Singapore from 2008 to 2011 and was a board member of the Republic Polytechnic Board of Governors from 2008 to 2011. He was also a Council Member of the Singapore Business Federation, a position he held from 2007 to 2010. On 1 June 2017, Mr Cheong was appointed a Non-Executive Director of Singapore Airlines Limited. He is Chairman Investments Committee.
B.Civ.Eng. MBA Male
Mr Bobby Yoke Choong Chin
Non-Executive Director 18/10/2005
Mr Chin is currently the Chairman of NTUC Fairprice Co-operative Ltd, NTUC Fairprice Foundation Ltd and the Housing & Development Board. He is the Deputy Chairman of NTUC Enterprise Co-operative Ltd and a Director of Singapore Labour Foundation. He also serves as Chairman of the Singapore Corporate Governance Advisory Committee. Mr Chin served 31 years with KPMG Singapore and was its Managing Partner from 1992 until September 2005. Other Directorships held by him are Temasek Holdings (Private) Limited, since 10 June 2014. Frasers Logistics & Commercial Asset Management Pte Ltd since 29 April 2020.
CA (ICAEW), B.Acc., CPA Male
Mr Bruce Hayman
Non-Executive Director 18/10/2005
Mr Hayman has many years of commercial management experience with over 20 of those at operational Chief Executive or General Manager level. He is currently Chairman of Chartwell Management Services. He has fulfilled senior management roles both in Australia and overseas for companies such as Nicholas Pharmaceutical Group, Dairy Farm Group, Hong Kong Land and Seagram Corporation. During his time in Singapore, he held the position of Foundation President of the Singapore Australia Business Council, now known as AUSTCHAM Singapore. He has also served as CEO of the Australian Rugby Union and as Chairman of the Board of the Rugby Club Ltd. He is Chairman of the Ella Foundation and Deputy Chair of Diabetes NSW & ACT. He is Member of Investments Committee, Member of Risk Management Committee.
Mr Jerome Rowley
Non-Executive Director,Non-Executive Deputy Chairman 22/03/2007
Director since 22 March 2007. Mr Rowley has been a career banker since the early 1970s with Citigroup, Morgan Grenfell and ABN Amro. From 1992 until 2002, he served as Managing Director and CEO of ABN Amro Australia and Head of Relationship Management and Structured Finance for ABN Amro, Asia Pacific. He has been active in both wholesale and investment banking domestically and internationally. During his career, Mr Rowley devoted considerable effort towards the recognition, understanding and management of risk as a means of profit optimization. Of particular significance was his involvement in advising and funding including debt, equity and hybrids, of infrastructure projects in both Australia and Asia Pacific. He is Chairman of Risk Management Committee and Member of Investments Committee.
SF Fin, FAICD Banker Male
Mr Teck Poh Lai
Non-Executive Director 18/11/2011
Mr Lai has been a career banker since the late 1960s. He joined Citibank Singapore in April 1968, rising through the ranks to become Vice President and Head of the Corporate Banking Division. During his time with Citibank, Mr Lai undertook international assignments with Citibank in Jakarta, New York and London. His last position with Citigroup was as Managing Director of Citicorp Investment Banking Singapore Ltd (Corporate Finance and Capital Market Activities) from 1986 to 1987. Mr Lai joined Oversea-Chinese Banking Corporation (OCBC) in January 1988 as Executive Vice President and Division Head of Corporate Banking. He moved on to various other senior management positions in OCBC, such as Head of Information Technology and Central Operations and Risk Management. He was head of Group Audit prior to retiring in April 2010. Other Directorships he held include in Bank of Singapore Limited since 1 January 2020. He is a Member of Investments Committee.
B.A. Hons. (Economics) Banker Male
Ms Lisa Chung
Non-Executive Director 01/06/2021
Ms Chung is an experienced nonexecutive director and is currently a Director of Australian Unity Limited, Artspace/Visual Arts Centre Limited and Warren and Mahoney Limited. She is also Chair of The Front Project and a Trustee of the Foundation of the Art Gallery of NSW. She was previously the Chair of Urbis Pty Limited and The Benevolent Society, a non-executive director of APN Outdoor Limited and the Deputy President of Trustees of the Museum of Applied Arts and Sciences (Powerhouse Museum). Ms Chung has a background, with senior and board level experience in sectors including commercial property, urban development and infrastructure, outdoor advertising and mass media, professional services, education and training, visual and creative arts and social and community services. Ms Chung had a successful 30-year career in the legal profession. During this time, she specialised in the area of commercial property and was a Partner at firms Maddocks and Blake Dawson (now Ashurst). She is a skilled negotiator with extensive commercial legal experience acting for government and the private sector in property, development, urban renewal and infrastructure transactions. In 2004, Ms Chung completed the Advanced Management Program at INSEAD in France. She is a Fellow of the Australian Institute of Company Directors and is also a member of Chief Executive Women, an organisation comprising women leaders committed to enabling other women leaders. In 2020, Ms Chung became a Member of the General Division of the Order of Australia for significant service to the community through charitable and cultural organisations. She is Member of Risk Management Committee.
AM,AMP, FAICD,LLB,MCEW, Female
Mr Tan Boon Leong
Non-Executive Director 09/06/2017
Mr Leong has over 36 years of experience in real estate investment and asset management. He is a non-executive Director of SC Global Developments Pte Ltd., the Company's major shareholder. Mr Leong last held the position of Group Chief Operating Officer cum Chief Executive Officer (Singapore Investments) in Mapletree Investments Pte Ltd, a real estate company whollyowned by Temasek Holdings (Private) Limited. Prior to his career in Mapletree Investments, Mr Leong served in Temasek Holdings (Private) Limited from 1995 to 2003 and held the position of Managing Director (Strategic Investments). His portfolio included Temasek Holdings' investments in real estate in Asia and Australia. His eight-year career in Temasek Holdings included stints in venture capital investments in the IT sector, infrastructure investments in the energy and transportation sectors, and investments in financial services. Mr Leong had also served in the Inland Revenue Authority of Singapore (IRAS) from 1975 to 1995 where he last held the position of Tax Director in the Superscale grade. Resident of Singapore.
Mr Philip Nicholas Kearns
Non-Executive Director 21/03/2019
Mr Kearns has over 15 years' experience leading financial services organisations where he led significant cultural change and was instrumental in building a client base and introducing investors to innovative opportunities, including in the property sector. Until recently he was a Director of Venues NSW, a Government Board that owns and operates multiple sports and entertainment venues across New South Wales. He is a director of Coolabah Capital Investments, a private fixed interest funds management business. He was previously the Managing Director and CEO of InterRISK Australia Pty Ltd, a division of ASX listed AUB Group and prior to that CEO of Centric Wealth where he gained experience in the private equity world. Mr Kearns was appointed a Member of the Order of Australia in 2017 for significant service to the community through support for charitable organisations, to business, and to rugby union at the elite level. He played 67 tests for the Australia national rugby union team, Wallabies (1989-1999) and captained the team ten times. He is Member of Investments Committee, Member of Risk Management Committee.
AM, BA (Economics), Grad Dip (Applied Finance) Male
Top 20 Shareholders
|1.||The Central Depository (Pte) Ltd||225,035,703||55.40|
|2.||Brazil Farming Pty Ltd||17,165,233||4.23|
|3.||BNP Paribas Nominees Pty Ltd <DRP>||16,742,495||4.12|
|4.||HSBC Custody Nominees (Australia) Ltd||13,505,400||3.32|
|5.||Citicorp Nominees Pty Ltd||12,182,403||3.00|
|6.||Pacific Custodians Pty Ltd AVJ Def Emp Share Trust||6,533,810||1.61|
|7.||Gillcorp Pty Limited||6,343,003||1.56|
|8.||John E Gill Operations Pty Ltd||5,609,105||1.38|
|9.||John E Gill Trading Pty Ltd||5,598,712||1.38|
|10.||Horrie Pty Ltd||3,747,931||0.92|
|11.||Luton Pty Ltd||3,310,264||0.81|
|12.||JP Morgan Nominees Australia Pty Ltd||3,214,013||0.79|
|13.||Jamplat Pty Ltd||2,891,000||0.71|
|14.||Ago Pty Ltd||2,661,975||0.66|
|15.||Mr Bradley John Newcombe||2,525,000||0.62|
|16.||Anchorfield Pty Ltd <Brazil Family FNDN A/c>||2,000,000||0.49|
|17.||Dr D R M Gill and Mrs J M Gill <Gill Super Fund A/c>||1,958,511||0.48|
|18.||Di Iulio Homes Pty Ltd||1,401,472||0.34|
|19.||Carlcorp Pty Ltd <Carlcorp Super Fund A/c>||1,368,609||0.34|
|20.||Hillmorton Custodians Pty Ltd <The Lennox Unit A/c>||1,293,054||0.32|
|03/09/2021||Peter Summers||445,906||$274,232||Cancelled||Cancellation of securities. 1,044,015 - Service Rights & Performance Rights|
|05/07/2021||Peter Summers||257,868||$159,878||Exercise||Conversion of securities. 1,489,921 - Service Rights & Performance Rights|
|05/07/2021||Peter Summers||257,868||$159,878||Buy||Conversion of securities.|