Millage Developer-Mequity Assets Pte Ltd(Roxy-Pacific Holdings Limited)

Roxy-Pacific Holdings Limited is a homegrown speciality property and hospitality group with a track record that extends back to 1967. Listed on the SGX Mainboard in March 2008, the Group is principally engaged in the development and sale of residential and commercial properties (“Property Development”) and the ownership of Grand Mercure Roxy Hotel and other investment properties (“Hotel Ownership and Property Investment”). In Property Development, Roxy-Pacific is an established brand name for small and medium size residential developments with unique design features. The Group’s developments offer desirable living environments which epitomise quality and innovation and are targeted at middle to upper-middle-income buyers. Between 2004 and 2012, the Group developed and launched 32 small to medium size developments comprising a total of more than 2,000 residential and commercial units. The Group also owns the Grand Mercure Roxy Hotel, managed by the international hotel operator, Accor Group. Strategically located in the East Coast area, the hotel is close to the CBD, the Changi airport and the Marina Bay Resort Casino. The hotel enjoys high Average Occupancy Rate (“AOR”) averaging 89.0% and good Average Room-Rate (“ARR”) averaging S$153.3 between 2004 and 2012. Other projects developed by Roxy Pacific includes Nova 48Nova 88, The VerteThe AdaraThe AzzuroTreescapeStudios@TembelingEon ShentonNottinghill SuitesNatura @ HillviewJade Residences, SunnyVale Residences, Trilive, Spottiswoode 18, Haig 162, Liv on Wilkie, Liv on Sophia, CentropodSpace@KovanJupiter 18The MKZStraits ResidencesStraits MansionsThe Navian120 GrangeHarbour View GardensBukit 828Arena ResidencesRV AltitudeWilshire Residences, View at Kismis, Neu At Novena and Whitehaven at Pasir Panjang.