SC Global Developments Ltd

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 9.95 Industry: Residential Building Construction Available in: English Format: PDF Download Most recent financial data: 1998 Buy full report

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Contact Information

200 Newton Road #09-01 Newton 200
Singapore; Singapore; Map
Postal Code: 228233

Tel: (65) 6734
Fax: (65) 6235



Company Description
The Company engaged in property development, provision of project management services and is an investment holdings company. The group has been showing an interests in 3 residential sites and 1 commercial site for future development. The 2 most recently acquired plots at Cairnhill Circle & Peterson Hilloccupy prime freehold residential land.Offering unprecedented levels of space and luxury The Marq on Peterson Hill & Hilltop are dued to be launched in second to third quarter of 2007. During the preceding years, it has acquired a substantial interest of approximately 42% in ASX-listed AV Jennings Limited.During the year, the Group also further expanded its geographic presence with the launch of the KAIRONG brand for China and the maiden development project in Shenyang.The rise in Group Revenue to $190.8 mil in FY2006 marked the third consecutive year of revenue growth despite a low contribution from AVJENNINGS. This came as a result of AVJENNINGS delays in achieving title registration for pre-sold property and reduced margins due to lower prices achieved and higher government charges in Sydney. However, AVJENNINGS reported a 10% increase in contract signings for the period up to 30 September 2006 as compared to the previous year.
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