As a responsible steward, we are committed to delivering sustainable returns and creating value for our Stapled Securityholders in a disciplined manner. CLAS delivered a strong performance in FY 2023, increasing Distribution per Stapled Security by 16%. Over the past three years, we have divested properties at a premium to book value and the proceeds have been successfully reinvested into higher-yielding assets, improving the returns and resilience of CLAS’ portfolio. MS TEO JOO LING, SERENA Chief Executive Officer MR TAN BENG HAI, BOB Chairman Q&A IN CONVERSATION WITH CHAIRMAN & CEO 8 CAPITALAND ASCOTT TRUST
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