Hatten International Accorded the Asia Pacific Entrepreneurship Awards 2019

SINGAPORE,July 26,2019 -- The 11th chapter of the Asia Pacific Entrepreneurship Awards (APEA) 2019 Singapore was successfully concluded at Singapore Marriott Tang Plaza Hotel on 12 July 2019. Organised by Enterprise Asia,the leading non-governmental organisation for entrepreneurship in Asia,APEA is a regional awards programme which aims to recognise Asia's outstanding entrepreneurs and enterprises for demonstrating sustainable growth,responsible leadership and operational excellence.

Datuk Wira Eric Tan,Corporate Advisor of Hatten International and Mr Clarence,Head of Department of Business Development & Corporate Finance receiving the APEA 2019 Singapore Corporate Excellence Award on behalf of the Company.

With the theme of 'Promoting Inclusive Economic Development Through Sustainable Entrepreneurship',over 300 attendees were present at the by-invitation only event,comprising of industry leaders and dignitaries.

Leading the list of winners was Hatten International,which received the award under the Corporate Excellence category for Property Development industry.

About Hatten International

Hatten International is a subsidiary to Hatten Land Limited ("Hatten Land"),a leading property developer in South East Asia and specialises in integrated residential,hotel and commercial developments. The name "Hatten" is derived from the Japanese word for "growth and development". Hatten Land began trading on the Singapore Exchange Catalist board (SGX:PH0) on 28 February 2017 after the completion of the reverse takeover by Sky Win Management Consultancy Pte Ltd.

Hatten has an established track record as a visionary developer,winning over 50 awards and accolades for its quality developments,innovative designs and avant-garde architectural concepts. With the Right of First Refusal and Call Options to over 20 land banks and development rights in high-growth locations in Malaysia,Hatten is able to periodically review whether the specific land bank will be suitable for development,before releasing it to other developers. This arrangement places Hatten in a near-unrivalled position with priority access to many plots of prime land. The current development portfolio comprises four integrated mixed-use development projects.

Hatten City Phase 1: The mixed development,Hatten City Phase 1,integrates four distinct projects. Namely,Elements Mall,SilverScape Residences,Hatten Place,and a tower block managed by Hilton Worldwide as part of its DoubleTree brand.

Hatten City Phase 2: Hatten City Phase 2 is a mixed development which comprises Imperio Mall and Imperio Residences. It utilises an iconic "cascading steps" design which functions as an outdoor jogging route with views of the coast and surrounding city.

Harbour City & Oki Waterworld: In 2015,Hatten Land launched Phase 1 of Harbour City,a six-acre integrated development,built on two kilometres of seafront land in Pulau Melaka. Harbour City comprises the Harbour City Thematic Mall,Harbour City Suites,Harbour City Resort and Harbour City Premier Resort. It is expected to be completed in 1st quarter of FY2020. In August 2018,the Group unveiled the 500,000-square feet Oki Waterworld @ Harbour City,Malaysia's first 'sky' water theme park,in a RM200 million collaboration with Samsung C&T Corporation and Polin Waterparks. Samsung C&T Corporation is the operator behind Everland Resort,South Korea's largest theme park,and Polin Waterparks is a global leader in manufacturing water parks. Oki Waterworld is slated to open in the first half of 2020 and can accommodate up to 1.9 million visitors annually.

Satori: Launched in July 2017 and awarded 5 Star for Best Mixed Development,Satori is the first wellness sanctuary in the heart of the historical city of Melaka. Satori is a two-acre mixed development that integrates health,wellness,beauty and leisure facilities,a hotel,serviced residences and a mall. The project is set for completion in 4th quarter of FY2020. The services and facilities offered in Satori's suite of over 50 wellness facilities include a one-stop fitness and aqua gym,health food outlets,yoga rooms,sea salt spas and mud baths,an infinity pool and sky lounge,amongst others.

Sustainability

Hatten Land's health & wellness development,Satori in Malaysia,is Melaka Green Seal certified,with several green features that reflects its' growing commitment to sustainability. The Group aims to constantly expand their sustainability agenda,eventually working towards a goal of zero construction waste,and the end goal of becoming a global Sustainable Real Estate champion.Additionally,as a major corporation,it touches many lives through their employees,contractors,residents and retail customers. Hatten Group address the 'social' and 'governance' aspects of sustainability by seeking to adopt more measures to address employee wellbeing through greater employee engagement and training opportunities.New Business InitiativesIn April 2018,Hatten Land unveiled its mall management arm,Hatten Commercial Management to complement its property development business and drive recurring revenue. This new business division,which is expected to generate recurring income for Hatten Land,will eventually oversee 4,900 commercial retail units with a combined gross floor area of 4.34 million square feet,within five shopping malls developed by the Group. Under the Group's Hospitality Division,Hatten Hotels Worldwide (HHW) has achieved significant recognition for its 5 star services. With 3 distinguished hotels in its current portfolio and having secured management agreements with reputable names in the industry like Hilton Worldwide and Mariott International,HHW aims to launch over 5,000 hotel rooms in Melaka and manage over 8,000 rooms across the nation.Future DirectionHatten Land is currently branching out to other countries in South East Asia and beyond,such as Australia,Japan,Indonesia,Myanmar,Vietnam,Laos,and Cambodia. It believes this herald the start of a new phase of growth for the Group.PR Newswire is the News Release Distribution Partner of APEA Singapore.About Enterprise AsiaEnterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments,NGOs and other organizations to promote competitiveness and entrepreneurial development,in uplifting the economic status of people across Asia and in ensuring a legacy of hope,innovation and courage for the future generation. For further information,visit www.enterpriseasia.org.About Asia Pacific Entrepreneurship AwardsLaunched in 2007,the Asia Pacific Entrepreneurship Awards is the region's most prestigious awards for outstanding entrepreneurship,continuous innovation and sustainable leadership. The Awards provide a platform for companies and governments to recognize entrepreneurial excellence,hence spurring greater innovation,fair business practices and growth in entrepreneurship. As a regional award,it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation only networking powerhouse. The program has grown to encompass 14 countries and markets all over Asia. For further information,visit www.apea.asia.Photo - https://photos.prnasia.com/prnh/20190724/2533119-1?lang=0