Far East Orchard Limited announced that the Board of Directors appointed Leow Chiap Seng as Company Secretary in place of Ms Chloe Kho Kim Suan with effect from May 15, 2013.

Far East Orchard Limited announced that its Annual General Meeting held on April 30, 2013, the shareholders approved the first and final one-tier tax exempt dividend of SGD 0.06 per ordinary share for the financial year ended December 31, 2012. The dividend will be payable on June 28, 2013, to the shareholders record as on My 15, 2013.

Far East Orchard Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's sales were SGD 17,854,000 compared to SGD 62,299,000 a year ago. The decrease was primarily because revenue from the Floridian project had been fully recognized in previous years. The other joint-venture property development projects are in their early stages of development. Profit before income tax was SGD 1,678,000 compared to SGD 48,903,000 a year ago. Net profit attributable to equity holders of the company was SGD 1,458,000 or 0.38 cents per fully diluted share compared to SGD 46,132,000 or 12.70 cents per fully diluted share a year ago. Net cash provided by operating activities was SGD 31,966,000 compared to SGD 41,910,000 a year ago. Additions to property, plant and equipment was SGD 1,365,000 compared to SGD 2,019,000 a year ago.