Who We Are
MYP Ltd. (the ‘Company’) was incorporated on 14 July 2005 under the name of “Cougar Corporation Private Limited”. On 12 September 2005, the Company changed its name to “Cougar Logistics Corporation Ltd.” upon completion of the restructuring exercise in Singapore Shipping Corporation Limited. The name of the Company was subsequently changed to the present name, MYP Ltd., on 11 December 2012 to reflect the new corporate profile of the Company, which is to diversify its business scope to include property investments.
To enable MYP Ltd. and its subsidiaries (the ‘Group’) to consolidate its resources, streamline its operations and focus on the property investment business, the Group subsequently sold its interest in logistic operations and channelled the sale proceeds to investments in real estate and real estate-related assets.
The undertaking of the property investment business, which primarily involves investments in real estate and real estate-related assets for rental income and capital appreciation, has enabled the Group to leverage on stable and significant growth in terms of rental and capital appreciation of its property assets in Singapore.
We have established a strong portfolio encompassing a diversified spectrum of commercial and residential real estate assets. Our commercial building - MYP Centre, situated at prime locations in the financial district of Singapore, has a well-balanced mix of established corporate and financial tenants.
We will continue to monitor closely the local and various markets in the Southeast Asia region, exercise financial prudence with strong business acumen to ensure our investment decisions always further our aim of a sustainable growth and optimal returns for the Group and our shareholders. We apply this strategy through:
- Acquiring iconic buildings and enhancing their desirability and value;
- Maximising the potential in existing buildings and transforming them to enhance their facilities, functions and value.