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R H C Continues to Impress FOR IMMEDIATE RELEASE Contact: Dora Su, +65 0555 1294 SINGAPORE (3 August)—In operation for five years, Rayder Holdings Corporation (RHC) is announcing the completion of its sixth renovation project, Bay Commons. The company, founded by real estate agents Rayna Wong and Derrick Lim, specializes in converting industrial buildings into apartment complexes. "Turning commercial buildings into residential spaces has its challenges," Ms. Wong said. "However, we are committed to repurposing buildings instead of constructing new ones." This commitment was recently cited in a speech by Yamina Badawi, Singapore's minister of Housing and Urban Development, who applauded RHC's contribution to the nation's housing supply. RHC completed its first conversion project four years ago-the Kallang Overlook apartment complex. Since then, RHC has completed five more projects: Asten Estates, Tampines Tower, Lakeside Manor, Yishun Terrace, and now Bay Commons. "Bay Commons represents a departure from our previous projects," Ms. Wong noted. "This housing complex is designed primarily for students at the nearby Changi Technological Institute." Units at Bay Commons are now available for rent or purchase, she added. ===== https://www.rayderholdingscorporation.com.sg/current-listings About Us Current Listings News. Careers Rayder Holdings Corporation turns vacant commercial properties into pleasant residential buildings. Below are our current offerings in alphabetical order. Asten Estates: 14-unit building with pool, fitness centre, and car park Bay Commons: 60 studio apartments with shared kitchen areas and other common rooms Kallang Overlook: 40-unit apartment complex situated on the Kalang River Lakeside Manor: 28-unit building with indoor pool, outdoor tennis and basketball courts, playground, and on-site cafeteria Tampines Tower: 36-unit apartment complex with pool and fitness room Yishun Terrace: 55-unit apartment complex with outdoor sports facilities (tennis, basketball, football), indoor swimming pool, catch-and-release fishing pond, and picnic area For details and other queries, contact info@rayderholdingscorporation.com.sg. ===== Today 9:53 A.M. Hello, Mr. Goh. A fellow resident found your wallet on the cafeteria counter and dropped it off here at the RHC leasing office. Please stop by to pick it up. We are open until 6:00 P.M. For after-hours service, call 0904 6802, and someone will assist you. Alicia Rajani, Office Manager

According to the press release, what is true about RHC?