Notes: 1 The remaining 4.5% equity interest in ESR Pte. Ltd. is held by Rosewood (Cayman) Holdings, the ultimate beneficial owner of which is a director of certain subsidiaries of our Group. 2 The remaining 32.7% equity interest in ESR Funds Management (S) Limited is held by Mitsui & Co Ltd, an independent third party to our Group, as to 7.7%, save for its interest in ESR Funds Management (S) Limited and Shanghai Summit Pte Ltd as to 25.0%. 3 The remaining 4.9% equity interest in Sunwood Singapore Holding Pte. Ltd. is held by Mr Thomas Nam as to 2.9%, CEO of ESR Korea, and by Mr Jihun Kang as to 2.0%, CIO of ESR Korea. 4 RW Higashi Ogishima TMK is owned as to 50.10% economic interest by RW Higashi Ogishima GK, an indirect Subsidiary of our Company wholly owned by HGS Japan Pte. Ltd., an indirect subsidiary of our Company wholly owned by RW Higashi Pte. Ltd., an indirect subsidiary of our Company (“Higashi Pte”). The remaining 49.90% economic interest equity interest in RW Higashi Ogishima TMK is held by RW Higashi SPE 1 Pte. Ltd, an indirect subsidiary of our Company wholly owned by Higashi Pte. Higashi Pte is owned as to 70.0% equity interest by Redwood Investor (Higashi) Ltd, a wholly owned subsidiary of Redwood Asian Investments Ltd, a Major Subsidiary. The remaining 30.0% equity interest in Higashi Pte is held by Redwood Japan Logistics Fund II Limited Partnership, a Japan development fund which is managed by our Group. 5 Tianjin Fanxin Warehousing Service Co., Ltd. (天津凡信倉儲服務有限公司) is wholly owned by ABM Capital Limited (incorporated under the laws of Hong Kong), an indirect subsidiary of our Company, which in turn is wholly owned by ABM Capital Limited (incorporated under the laws of the BVI) (“ABM BVI”), an indirect subsidiary of our Company, which in turn is held as to 90.0% equity interest by Delte Offshore Holdings (BVI) Limited, a wholly owned subsidiary of our Company. The remaining 10.0% equity interest in ABM BVI is held by Ambition Mind Holdings Limited, an independent third party to our Group, save for its interest in ABM BVI. 6 Propertylink Trust and ESR Asset Management (Holdings) Limited are held thorugh ESR Australia Holding Company Pte. Ltd. of which the Group holds 99.732% interest through ESR Pte. Ltd.. The remaining 0.268% equity interest in Propertylink Trust and ESR Asset Management (Holdings) Limited are held by Skunsh Pty Ltd, as trustee for the McKenna Investment Trust. 7 The remaining 30% equity interest in Shanghai Yurun Meat Food Co., Ltd. is held by Jiaxing Yishang Equity Investment Partnership (Limited Partnership), which is controlled by a fund managed by us. E S R C A Y M A N L I M I T E D A N N U A L R E P O R T 2 0 2 1 55
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