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http://infopub.sgx.com/FileOpen/Announce...eID=309750

The Board of Directors (the “Board”) of Pollux Properties Ltd. (the "Company") wishes to announce the following resignation and appointments with effect from 13 August 2014:

(a) the resignation of Mr Tan Kay Kiang as a member of the Audit Committee (“AC”) and a member of the Remuneration and Nominating Committee (“RNC”);

(b) the appointment of Mr Timur Pradopo as a member of the AC and a member of the RNC; and

(c ) the appointment of Mr Bambang Widaryatmo as a member of the AC and a member of the RNC.

The Board considers Mr Timur Pradopo and Mr Bambang Widaryatmo to be independent for the purpose of Rule 704(7) of Section B: Rules of Catalist of the Listing Manual of the Singapore Exchange Securities Trading Limited (the “Catalist Rules”). Please refer to the Company’s announcements dated 20 March 2014 pursuant to Rule 704(6) of the Catalist Rules and the Company’s Annual Report for the financial year ended 31 March 2014 for further details on Mr Timur Pradopo and Mr Bambang Widaryatmo.

Following the aforesaid changes, the composition of the AC and RNC shall comprise the members as stated hereunder:

AC
James Kho Chung Wah (Gu Songhua) (Chairman)
Low Chai Chong
Timur Pradopo
Bambang Widaryatmo

RNC
Low Chai Chong (Chairman)
James Kho Chung Wah (Gu Songhua)
Timur Pradopo
Bambang Widaryatmo


By order of the Board
Nico Purnomo Po
Chief Executive Officer
13 August 2014

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Final Piece of the Puzzle–When Ideas Fall Into Place!

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Warhol Residences ~ One Week Holiday Taken A Toll On The Progress!

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Posted By vanSMG

More On Chadstone Cikarang!

http://translate.googleusercontent.com/t...qbA-A?from=

Google Translate

Apartments Chadstone - West Cikarang

GREAT LOCATION

* Location of Gold in the industrial area of ​​Container Ports
* Supported Ports Cimalaya soon built in Karawang
* Exit Tol KM 31 or 100m 2 Cikarang Barat (Jakarta-Cikampek)
* Surrounded 5 Universities and Schools: President of the University, the Academy of Engineering Machinery Industry Cikarang, Cikarang BSI, Politekhnik In order to work, and Meta Politekhnik Industry
* Potential Market Value Rent High due Expatriat

Developer: PT. Pollux Aditama Kencana
Company with another name "PT. Pollux Properties International" based in Singapore and expanding in Indonesia where the Project which has been developed in Indonesia, among others, the Office Building, Apartment, Condotel, and the Mall in Lombok, Semarang, Bali, Jakarta, Bekasi, etc..

Chadstone
* Apartments, Condotel, Mall
* Land Area: 24,700 m 2 +/-
* Plan Development:
2630 units of apartments
407 units of Condotel 4
58 units of office for 24 hours around the apartments or the Mall

Facilities
* Thematic Pool
* Kids Pool
* Children Playground
* Sun Terrace & Gardens
* Outdoor Reading Lounge
* Outdoor Fitness & Sport
* Reflexology Path
* BBQ Area
* Jogging Track
* Lobby Lounge Bar

Project Design Chadstone
* 1st Floor Semi Basement (Supermarket)
* 3rd Floor Mall
* 4 Floor Shopping
* 3rd Floor Parking Lot
* 1 Floor Facilities
* 38 + Condotel Apartments Flooring

Chadstone Development Plan
1 prelaunch = July-October 2014
2 Launching = October 2014
3 Ground Breaking = January 2015
4 Topping Off = January 2017
5. Resolution Unit = January 2018
6 Submission of Unit = March 2018

Launching SOFT will be held 31 October-1 November 2014 Ritz Carlton, Pacific Place - Jakarta.

Sales Stage 1 was opened for Tower A
* Total 760 units
* 1 Tower - 38th Floor
* 1st Floor - 20 Units

Tower A is available in Size
* 1 Bedroom = 25m 2, Price = Rp. 340 Million
* 2 Bedroom = 42m 2, Price = Rp. 570 Million
* 3 Bedroom = 56m 2, ​​Price = Rp. 760 Million

How to Pay
1 Cash
2 Installment 12x
3 Instalment 24x
4. Installment 36x
5. Installment 48x

Especially for the first name of the buyer will get the Extra Discount
1 Purchase of 10-15 units = 2.5%
2 Purchase> = 16 units = 5%
3 Purchase Perlantai = negotiations

NUP for Rp.5000,000, - for 1 unit
Booking Fee = NUP (Rp 5 million) + IDR 10 million / unit = Rp15 Million

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https://www.facebook.com/pages/Property-...0253618879

Google Translate

The Chadstone Cikarang is a mixed used development project a very prestigious location is very strategic which is located in West Cikarang toll output exactly.

The Chadstone become an Icon in Cikarang with Apartment 42 floors and a height of the tallest building which will be in Cikarang.

A very fancy mall lifesyle improve the quality of the people there were already highly developed considering the number of foreigners (Japan, Korea and China) continued to arrive because the industry in Cikarang and Karawang region continues to grow.

The Chadstone is also equipped with 4 Condotel is very high considering the evolving business needs.

Apartments with a total of nearly 4000 units have a convenient design starts from the size of Studio, 1 room, 2 rooms and 3 rooms. Equipped with an area of ​​1.5 ha facility like swimming pool, children's playground, sports etc makes a very desirable residential by everyone.

Immediately have to contact your nearest dealer or agent may contact us at 081808897777 (Agus Sun) to get NUP / VVIP Pass in order to get a very favorable price prime.

http://infopub.sgx.com/Apps?A=COW_CorpAn...846c2cecc3

Appointment of Chan Tee Yong as Deputy Financial Controller

Working experience and occupation(s) during the past 10 years

February 2012 - 8 August 2014: Joined as Finance Manager in Kaixin Industrial Pte Ltd (Subsidiary of AVIC International Maritime Holdings Limited, listed on the mainboard of Singapore Exchange). In FT2014 promoted to Assistant Financial Controller.
December 2009 - January 2014: Audit Senior in Ernst & Young LLP
February 2007 - September 2009: Audit Assistant in Deloitte & Touche (Malaysia)

http://sg.linkedin.com/pub/chan-tee-yong/37/852/ba6

Marquis De Lafayette ~ What's Holding Up The Progress?

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Warhol Residences!

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Posted By alfsat

Is my eyes playing a trick on me, how come the column and the tower crane in the last photo looks slanting, camera trick?

The Pinnacle ~ Casting The Columns!

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Posted by tejoe

The Pinnacle and Warhol Residences live CCTV streaming have been down for over a month now, unable to get any live feed.

Hi Volmax,
I m new to investing. Reading your posting is very informative.
But all huge/grand projects u posted eg "The Pinnacle", "Warhol Residence", "Marquis De Lafayette" and "Chadstone Cikarang" are developed by the indonesia entity and nothing to do with the Sg listed entity.
Can I say that all these projects are irrelevant if I am investing in the sg listed entity. Pl advise.

Goldmine,

True to a certain extent but if Dr Nico Po has plans to integrate those two businesses for better efficiency - it could prove something. And even if it doesn't, this shows the capabilities and the machinery of the management.

Semarang is Pollux Indonesia's backyard. They have land and those projects sold well. Construction in process. What for, to have two former general? Timur Pradopo is a big deal. That could be a prelude.

Singapore Projects ~ July Sales!

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Median price psf had came down a fair bit to push units. Outstanding units should not be too much of a concern as profit generated from the units sold should be sustainable for the mid-term.