Press Releases

• Nov 13, 2024

  Sydney Media Release on Sydney House - the Pitt Street Central Project

• Jul 25, 2024

  Net Profit Increased By 12.4% To S$11.9 Million For 1H2024

• Jul 15, 2024

  First Sponsor Consortium Closes A$24.7 Million Deal With City Tattersalls Club

• Feb 20, 2024

  European Property Portfolio Performance Remained Strong In 2H2023, With FY2023 Recording An Increase In Operating Income Of 9.5% From FY2022

• Jul 27, 2023

  Net Profit Declined By 85.1% To S$10.6 Million Due Mainly To Lower Property Financing Income And The Absence Of One-Off Disposal Gains

• Feb 24, 2023

  First Sponsor And ICD Property's City Tattersalls Club Redevelopment Progresses Ahead With The Appointment Of Richard Crookes Constructions

• Feb 17, 2023

  Annual Net Profit Of S$131.3 Million, An 8.1% Growth From FY2021
  Record Development Land Procurement Exercise

• Jul 29, 2022

  First Sponsor Achieved A Net Profit Of S$71.3 Million For 1H2022, A 3.5% Growth From 1H2021, And Gained Two New Residential Development Projects In Dongguan In July 2022

• Feb 11, 2022

  Record Annual Pre-Tax Profit Of S$202.6 Million
  Record Total Cash Dividend Of 3.45 Singapore Cents Per Share For FY2021

• Nov 22, 2021

  First Sponsor Consortium And ICD Property's Visionary 50-Storey City Tattersalls Club Redevelopment Approved For Sydney CBD

• Jul 30, 2021

  First Sponsor Achieved A Net Profit Of S$69.0 Million for 1H2021, An 18.7% Growth From 1H2020
  
  Fourth Property Development Acquisition In The Greater Bay Area For The Year

• Feb 10, 2021

  Stellar Sales Achieved For Skyline Garden And The Pinnacle Projects In Dongguan, New Development Projects In Guangzhou And Dongguan, Well Equipped For New Business Opportunities

• Oct 23, 2020

  First Sponsor Achieved A Net Profit Of S$38.2 Million, A 14.6% Quarter On Quarter Growth

• Jul 23, 2020

  First Sponsor Achieved A Net Profit Of S$58.1 Million For 1H2020, A 49.4% Growth From 1H2019

• Jul 23, 2020

  First Sponsor Proposes 1-For-4 Bonus Issue Of Warrants

• Feb 12, 2020

  First Sponsor Achieved Record Pre-Tax Profit Of S$194.2 Million For FY2019

• Nov 25, 2019

  Singapore-Listed First Sponsor Joins ICD Property For Their First Sydney Project

• Oct 25, 2019

  First Sponsor Achieved A Net Profit Of S$33.3 Million, A 30.3% Quarter On Quarter Growth

• Apr 25, 2019

  First Sponsor Achieved Net Profit Of S$23.8 Million In 1Q2019, A 39.0% Quarter On Quarter Growth

• Feb 14, 2019

  First Sponsor Achieved Net Profit Of S$113.0 Million For FY2018, A 28% Growth From That Of FY2017

• Oct 26, 2018

  First Sponsor Achieved A Net Profit Of S$25.6 Million, A 16.1% Quarter On Quarter Growth

• Jul 27, 2018

  First Sponsor Achieved A Net Profit Of S$12.1 Million, A 28.9% Quarter On Quarter Growth

• Apr 25, 2018

  First Sponsor Achieved A Net Profit Of S$17.1 Million, A 20.3% Quarter On Quarter Growth

• Feb 08, 2018

  First Sponsor Records More Than 4.5 Times Growth In Net Profit Excluding One Off Dongguan Disposal Gain In 2016

• Feb 01, 2018

  First Sponsor Leads Consortium In The Acquisition Of The 5-Star 254-Bedroom Freehold Hilton Rotterdam In The Netherlands For €51.0 Million (S$82.6 Million)

• Dec 26, 2017

  First Sponsor Acquires Another Office Property In Amsterdam Main Central Business District For €55.5 Million

• Dec 07, 2017

  First Sponsor Partners With Key Shareholders CDL And Tai Tak For The Acquisition Of The Le Meridien Frankfurt Hotel In Germany

• Oct 25, 2017

  Exceptional Sales Performance At The Millennium Waterfront Project With All 7,302 Residential Units And 297 Out Of 371 Launched Commercial Units In The Residential Development Sold

• Jul 26, 2017

  Impressive Sales Performance At The Millennium Waterfront Project With More Than 99% Of The Aggregate 7,302 Residential Units In The Project Sold

• Jul 03, 2017

  First Sponsor To Acquire A Dutch Heritage Branded Hotel Portfolio Through Its 33% Owned Associated Company For €205.0 Million (S$323.3 Million)

• Apr 27, 2017

  Impressive Sales Performance At The Millennium Waterfront Project With Over One Thousand Residential Units Sold in 1Q2017, Which Is More Than 70% Of That Achieved In The Entire Year Of 2016

• Feb 07, 2017

  Record Net Profit of S$113.1 Million, An Increase Of 67.9% Over Last Year

• Feb 07, 2017

  First Sponsor And Provast To Develop 3 Residential Tower Blocks In Amsterdam Southeast

• Nov 28, 2016

  First Sponsor And Provast Sell 344-Apartment High End Residential Tower In Rotterdam To CBRE Global Investors

• Oct 26, 2016

  For 3Q2016, First Sponsor Achieved A 11.5% And 13.1% Growth In Revenue And Net Profit Respectively, The Eighth Straight Quarterly Profit Growth Since IPO

• Aug 22, 2016

  First Sponsor Collaborates With China Vanke To Develop The Star Of East River Project In Dongguan City, Guangdong Province, PRC

• Jul 27, 2016

  First Sponsor Recorded A 40.8% increase In Revenue And 12.9% Increase In Net Profit In 2Q2016

• Apr 27, 2016

  First Sponsor Achieved The Sixth Consecutive Quarter Of Year On Year Profit Growth Since IPO

• Feb 03, 2016

  First Sponsor Achieved A Record Profit Before Tax Of S$91.0 Million For FY2015 Which Represents A Year On Year Increase Of 124.5%

• Nov 14, 2015

  First Sponsor Leads Consortium In Acquiring Its First Office Portfolio In The Netherlands For €205.6 Million (S$313.8 Million)

• Oct 23, 2015

  First Sponsor Achieved A 31.6% Increase In Revenue And 20.7% Increase In Profit Before Tax In 3Q2015

• Jul 24, 2015

  First Sponsor Achieved A Remarkable 34 Times Increase In Its Quarterly Profit Before Tax From S$0.4M In 2Q2014 To S$12.5M In 2Q2015

• Apr 28, 2015

  First Sponsor Achieved Major Turnaround From A Loss Before tax Of S$8.8 Million In 1Q2014 To A Profit Before Tax Of S$14.9 Million In 1Q2015

• Feb 05, 2015

  First Sponsor Achieved 226.8% Quarter On Quarter And 26.9% Year On Year Increase In Group Profit Before Tax On An Adjusted Basis