Page 12 - TreasuryChinaTrust2011

Trust Structure
10
Ownership Singapore
China
Trustee &
Management Fees
Provision of
Management Services
Unitholders
Chinese
Operating
Companies
Treasury
Holdings
(Shanghai) Property
Management
Co. Ltd
(Property
Manager)
Treasury
Holdings Real
Estate Pte. Ltd
(Trustee-
Manager)
China
Real Estate
Opportunities
Ltd
(Jersey)
SPV
Structure
(Jersey, British
Virgin Islands &
Hong Kong)
Provision of
Property
Management
Services
Property
Management
Fees
SAR1112034_TCT_AR_().indb 10 3/23/2012