Corporate 3URÀOH
First and only China shopping mall real estate
investment trust in Singapore
$BQJUB3FUBJM $IJOB 5SVTU $3$5 JT UIF mSTU BOE POMZ
People’s Republic of China shopping mall real estate
investment trust (REIT) in Singapore, with a portfolio
PG
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with the objective of investing on a long-term basis
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Vision
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Mission
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BOE WBMVF BEE UP UIF DPNNVOJUZ BOE TUBLFIPMEFST CZ
enhancing organic growth through proactive asset
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10 Trust Structure
11 Organisation Structure
13 Growth Strategies
14 Portfolio at a Glance
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27 Corporate Governance
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47 Operations Review
53 Financial Review
Contents
MFBTFT XIJDI QSPWJEF $3$5 6OJUIPMEFST XJUI TUBCMF
BOE TVTUBJOBCMF SFUVSOT 5IF BODIPS UFOBOUT BSF
DPNQMFNFOUFE CZ QPQVMBS TQFDJBMUZ CSBOET TVDI
BT 6/*2-0 ;"3" 7FSP .PEB 4FQIPSB 8BUTPOT
,'$ 1J[[B )VU BOE #SFBE5BML
$3$5 JT NBOBHFE CZ BO FYUFSOBM NBOBHFS
$BQJUB3FUBJM $IJOB 5SVTU .BOBHFNFOU -JNJUFE
$3$5.- PS UIF .BOBHFS XIJDI JT BO JOEJSFDU
XIPMMZ PXOFE TVCTJEJBSZ PG $BQJUB-BOE -JNJUFE
one of Asia’s largest real estate companies
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61 Unit Price Performance
$PSQPSBUF 4PDJBM 3FTQPOTJCJMJUZ
1FPQMF 5BMFOU .BOBHFNFOU
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68 Portfolio Details
76 Financial Statements
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*#$ $PSQPSBUF *OGPSNBUJPO
