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SIGNIFICANT ANNOUNCEMENTS FOR 2010
June 2010
• China Real Estate Opportunities (“CREO”) delisted from London’s AIM market on 18 June 2010 • Listed on Singapore Stock Exchange as Treasury China Trust (“TCT”) on 21 June 2010
July 2010
• Independent valuation results: portfolio value as at 30 June 2010 of RMB9.42 billion representing an annual increase of 6.64%
• Successfully completed a five year US$480 million multi-currency loan facility for the refinance of City Center in addition to securing RMB800 million development finance for City Center Extension
August 2010
• Entered into a strategic partnership with TRIO group, a leading real estate group in Qingdao, to underwrite TCT’s regional expansion
September 2010
• Strong leasing result for City Center – 23,800 sqm of committed office leases signed within four months
October 2010
• 3rd quarter 2010 financial results, recorded net profit after tax of S$18.675 million and declared S$0.025/unit distribution for Q3 2010
• Confirmed commitment to a further S$0.025/unit distribution for Q4 2010 and S$0.10/unit distribution for the 2011 financial year
November 2010
• Completion of Central Plaza refurbishment and repositioning program delivering 97% occupancy upon its re-opening
• Strategic partnership formed with Ginwa Group of Xi’an to expand TCT’s footprint into Central and Western China
• Secured RMB170 million project finance for Beijing Logistics Park (“BLP”)
December 2010
• Undertook a private placement, substantially over subscribed, for the issuance of 16.095 million new units at S$1.66 per unit representing a 9.2% premium to the then trading price
• Announced the proposed acquisitions of Central Avenue Mall in Qingdao and Huai Hai Mall in Shanghai • Settlement of a US$120 million multi-currency facility for the refinance of Central Plaza
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