Significant Events
For the financial period 1 April 2014 to 31 March 2015*
Extraordinary General Meeting
RHT’s held its inaugural Extraordinary General Meeting
(“EGM”) at The Suntec International Exhibition &
Convention Centre. The event was a success as all
resolutions put to vote for the acquisition of the Mohali
Clinical Establishment were duly passed.
Completion of the Mohali Clinical Establishment
RHT completed the Clinical Establishment Acquisition,
the Business Acquisition and the Plant & Machinery
Acquisition for the Mohali Clinical Establishment. The
aggregate consideration paid for the Mohali Clinical
Establishment was S$59.70 million.
Results for the Fourth Quarter and
Full Year Ended 31 March 2014
RHT achieved a distributable income of $11.40
million and Distribution per Common Unit (“DPU”)
of 2.00 Singapore cents for the quarter. A total
distribution of 8.19 Singapore cents was paid out
for FY2014.
Conversion of Sponsor Units into Common Units
A total of 220,676,944 Sponsor Units held by Fortis
Healthcare International Limited in RHTwas converted
into 220,676,944 Common Units after final amount
to be distributed was announced. Upon conversion,
each Sponsor Unit has now become a Common Unit,
ranking pari passu with and has the same rights as the
other Common Units in all respects.
28
APR
7
MAY
21
MAY
*
All S$ references on this page are based on the exchange rate as at date of respective announcements.
13
FEB
27
MAY
Results for the Third Quarter of FY2015
The third quarter saw consistent growth for RHT,
with Total Revenue for the nine months ended
31 December 2014 increase 35% in comparison to
the corresponding nine months. This quarter, a DPU
of 1.82 Singapore cents was declared, an 18% rise
from the corresponding quarter. RHT continued to
maintain a low gearing of 15% with ample headroom
to fund future potential acquisitions.
13
NOV
13
AUG
5
DEC
28
MAY
24
JUL
Annual General Meeting
RHT’s hosted the Annual General Meeting (“AGM”)
at the Singapore Management University. All Ordinary
Resolutions put to vote for unitholders’ approvals were
duly passed.
Results for the First Quarter of Financial Year
(“FY”) 2015
RHT recorded a DPU of 1.80 Singapore cents,
a 25% increase over the previous quarter as well as
corresponding quarter. This quarter saw a 26% increase
in the Distributable Income since the previous quarter,
driven by an enhanced revenue contribution from the
Gurgaon Clinical Establishment as well as new revenue
streams from the Mohali Clinical Establishment.
Results for the Second Quarter and
First Half of FY2015
RHT declared a total of 3.61 Singapore cents given
a Distributable Income of $43.95 million for the
first half of FY2015 (“1HFY15”). This quarter saw a
32.0% increase in Total Revenue for 1HFY15 against
the 1HFY14, driven by an increase in Service Fees
and contributions from new Clinical Establishments
recently added to the portfolio.
Establishment of Multicurrency Medium Term
Note Programme
RHT established a S$500,000,000 Multicurrency
MediumTermNote Programme (“MTNProgramme”).
Results for the Fourth Quarter and
Full Year ended 31 March 2015
RHT distributed a cumulated DPU of 7.32
Singapore cents with a Distributable Income of
S$58.2 million for the financial year ended
31 March 2015. Total Revenue as well as Net
Service Fee and Hospital Income grew 40% and
47% respectively in FY2015. Gearing remains
low at 14%.
2014
2015
RELIGARE HEALTH TRUST
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