............................................................. 1....................................................... 8...................................... I-1.................................... II-1.................. III-1............................ IV-1............................................. V-1 i
True Cayman True Cayman True Cayman Active Gains Active Gains Universal Limited True Cayman Active Yield Active Yield Investment Limited True Yoga Cayman True Cayman 1
3,164,252,000 63.92% 1312 36,720,000 EBITDA True Cayman 2
Fester Global Fester Global Limited True Fitness Holdings (Singapore) Pte. Ltd. True Cayman 3
IHRSA International Health, Racquet & Sportsclub Association 14 6 14A.52 True CaymanTrue Yoga Cayman 4
True Cayman51% True Yoga Cayman29% 571 0.002 True CaymanTrue Yoga Cayman 622 True CaymanTrue Yoga Cayman True CaymanTrue Yoga Cayman 5
(a)true Cayman (b) True Cayman True Cayman(c) True Cayman True Cayman True Cayman TFKT True Holdings Active Gains 51%49% True Cayman True CaymanTrue Fitness True Yoga True Cayman Active GainsTrue Cayman True Cayman True Cayman Active Gains True Cayman 51% True Yoga Cayman True Fitness True Fitness Pte. Ltd. True Cayman 6
True Yoga True Yoga Pte. Ltd. True Cayman True Yoga Cayman True Yoga Holdings Limited Active Yield29%71% True Yoga Cayman True Yoga Cayman True Yoga Cayman Active YieldTrue Yoga Cayman True Yoga Cayman True Yoga Cayman Active Yield True Yoga Cayman 29% True Cayman Active GainsActive Yield % 7
P.O. Box 1350 Clifton House 75 Fort Street Grand Cayman KY1-1108 Cayman Islands 138 15 True Cayman51%True Yoga Cayman 29%36,720,000 8
(i)(ii) (iii)(iv) True Cayman True Yoga Cayman Fester Global Fester Global Active Gains Active Yield Active Gains Active Yield True Cayman 51%True Cayman True Fitness True Yoga True Yoga Cayman29% True Yoga Cayman 9
True Cayman True Yoga Cayman 30 True CaymanTrue Yoga Cayman True CaymanTrue Yoga Cayman True Cayman10% 36,720,000 (i) 250,000 (ii) 32,970,000 (iii) 3,500,000 10
(i) (a)2,900,000 45(b)True Yoga Cayman (c) True Cayman True Yoga Cayman(ii) Active Gains(iii) (iv) True Cayman51% True Yoga Cayman 29%True Cayman True Cayman51%True Yoga Cayman29% True CaymanActive Gains 8,200,00010,900,00013,800,00010% 7,380,0009,810,000 12,420,000Active Gains True Cayman 100% 11
Active Gains (i)(ii)4142 23 True CaymanTrue Cayman HarbourFront CentreGreat World CityChevron HouseTampines JunctionAng Mo KioSuntec CityViva Business Park True Cayman True Cayman Active GainsActive Gains True CaymanTrue CaymanActive Gains True CaymanActive GainsTrue Cayman10,000 True CaymanTrue Cayman20% Active Gains 12
True Yoga CaymanTrue Yoga Cayman Active YieldTrue Yoga Cayman 71%100% True Cayman True Cayman 20% Active Gain 3.520%Active Gain True CaymanTrue Cayman5,000,000 True CaymanActive GainsTrue Cayman True Cayman51%54% Active Gains True CaymanTrue Cayman 54% 5,000,000True Cayman Active Gains 13
True Cayman True CaymanTrue Yoga Cayman TRUE CAYMAN (i) (ii) Active Gains (iii) True Cayman True Cayman Active GainsTrue Cayman True Cayman Active Gains True CaymanTrue Cayman True Cayman True Cayman 14
True Cayman True Cayman True Cayman True CaymanTrue CaymanTrue Cayman 25% Active GainsTrue Cayman 8,200,000 7,380,00010% Active Gains 1510,800,000 Active Gains4,500True CaymanTrue Cayman Active GainsTrue Cayman9% EBITDA 15,000,000EBIDTA8.0 Central Sports Co Ltd4801 JPRenaissance Inc2378 JP 8462 TT Talwalkars Better Value FitTALW IN Tosho Co Ltd8920 JP 15
True Cayman True CaymanTrue Cayman True Cayman True CaymanTrue Cayman True CaymanTrue Cayman 18 True Cayman5% TRUE YOGA CAYMAN (i) (ii) Active Yield (iii) True Yoga Cayman True Yoga CaymanActive Yield True Yoga CaymanActive Yield True Yoga Cayman Active Yield 16
True Yoga CaymanTrue Yoga Cayman Active Yield True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga CaymanTrue Yoga Cayman25% True Yoga CaymanTrue Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman 17
True CaymanTrue Yoga Cayman 30 True Cayman True Yoga Cayman 29% True Yoga Cayman 30 15% 7,500,000 17.5% 18
14A.52 14A.52 (a) True Fitness True Yoga (b) (c) (d) 19
(e) 35.82 91.81 117.67 (i) (ii) 28% 21%42% 20
(iii) True Fitness True Yoga 2665,900 109,000 True Cayman True Cayman True CaymanActive Gains54% 46%True FitnessTrue Fitness (STC) Pte. Ltd.True Yoga True Fitness True Fitness True FitnessTrue Cayman 13,90032,500 True Fitness (STC) Pte. Ltd. True Fitness (STC) Pte. Ltd. True Fitness (STC) Pte. Ltd.True Fitness 12,8306,900 True Yoga True Yoga True YogaTrue Cayman 1,6006,700 21
True Cayman 3,9304,000 True Yoga Cayman True Yoga Cayman True Yoga CaymanActive Yield29% 71% True Yoga Cayman14 43,64059,000 26 1. 2. 20,000 3. 22
24 24 Eric Levine Master Kamal Planet Yoga10,000 23
True Cayman Arthur Andersen SingaporeDeloitte SingaporeDeloitte Hong Kong Boardroom Limited Boardroom Limited Boardroom Limited 20 Global Beauty Group Luxasia GroupOni GroupNakamichi CorporationCooper Gay Ganeson Bupendra 20 Bupendra True Cayman True Cayman 2015 24
True Cayman Richemont Luxury Group10 (Piaget) (Baume & Mercier) (Officine Panerai)True CaymanSingapore Press Holdings Nicholas Stanley Kraal True CaymanTrue CaymanKraal Kraal12 True CaymanTrue Cayman True Cayman Planet Fitness16 14 Club Management Service CMS 25 25
Michael David Abrahamsen (Duke) 26Ray Wilson CaliforniaDuke Celebrity Fitness 14 18 Workplace Safety and Health CouncilBizsafeCity of Taipei Public Safety(building inspection certficate) 26
True Yoga Pte Ltd Pacific Plaza 9 Scotts Road, #04-01/05-01/01A, Pacific Plaza, Singapore 228210 17,319 121,233 25,979 147,212 123,831 25,979 149,809 126,429 25,979 152,407 True Fitness Pte Ltd HarbourFront Centre 1 Maritime Square, #03-23/24/25/26/27/28, HarbourFront Centre, Singapore 099253 20,634 103,168 33,009 8,262 144,438 108,324 33,009 8,262 149,595 True Fitness Pte Ltd Great World City (PART 1/2) Unit 13 1 Kim Seng Promenade, #03-13/14 Great World City, Singapore 237994 910 9,191 1,092 182 10,465 20% Great World City (PART 2/2) Unit 14 17,000 78,200 20,400 3,400 102,000 20% Great World City 17,910 87,391 21,492 3,582 112,465 True Fitness Pte Ltd Chevron House 30 Raffles Place #06-00, #07-00, #08-00, Chevron House, Singapore 048662 25,285 6.5 182,049 25,285 207,334 12.5 22 182,049 25,285 207,334 32 7.09 182,049 25,285 207,334 27
True Fitness Pte Ltd Tampines Junction 300 Ta m pines Avenue 5, #08-01/02/03/04, NTUC Income Tampines Junction, Singapore 529653 24,854 91,959 29,825 121,784 94,445 29,825 124,269 True Fitness Pte Ltd Ang Mo Kio (Djitsun Mall) 5 Ang Mo Kio Central 2, #01-05 & #04-01, Djitsun Mall, Singapore 569663 15,726 94,356 1,430 95,786 True Fitness (STC) Pte Ltd Suntec City 3 Temasek Boulevard, #03-318/319/320/322/323, Suntec City Mall, Singapore 038983 30,441 130,895 42,617 12,176 185,688 133,939 42,617 12,176 188,732 136,983 42,617 12,176 191,776 True Fitness Pte Ltd Viva Business Park 750B Chai Chee Road, #02-01, Viva Business Park, Singapore 469002 18,575 72,426 20,449 92,874 20,449 20,449 81,727 20,449 102,176 91,011 20,449 111,460 100,295 20,449 120,744 109,579 20,449 130,028 True Fitness Pte Ltd Novena 238 Thomson Road, #03-45/46 Novena Square, Singapore 307683 238B Thomson Road, #04-01/08 & #05-01/08 Novena Square, Singapore 307685 26,679 5 136,063 32,015 13,340 181,417 141,399 32,015 13,340 186,753 146,735 32,015 13,340 192,089 154,738 32,015 13,340 200,093 15% 28
1/2 1 563 145 5,160 1,450,000 1,522,500 1,598,625 1,678,556 1,762,484 17,400 17,400 17,400 17,400 17,400 1,467,400 1,539,900 1,616,025 1,695,956 1,779,884 2/2 B1 680 24,186 785,400 83,400 83,400 83,400 868,800 825 29,345 2,235,400 100,800 2,336,200 1/1 9-10 337 9-10 779 27,719 1,487,953 116,850 1,604,803 29
True Dance 1/3 3 1782-3* 127 4,519 250,000 262,500 275,625 275,625 294,918 315,562 9,618 9,618 9,618 9,618 10,236 10,236 10,236 9,618 259,618 272,118 285,243 285,861 305,154 325,798 True Dance 2/3 3 120 4,270 200,000 210,000 220,500 220,500 235,935 252,450 9,088 9,088 9,088 9,088 9,672 9,672 9,672 9,088 209,088 219,088 229,588 230,172 245,607 262,122 True Dance 3/3 2 61 2,171 188,889 198,333 198,333 207,778 217,222 226,667 4,620 4,620 4,620 4,917 4,917 4,917 4,917 4,620 193,509 202,953 203,250 212,695 222,139 231,584 True Dance 308 10,960 785,234 24,825 810,059 1/2 B2 100B1-2 360 12,793 22,015 22,015 857,143 33,614 890,757 882,857 33,614 916,471 909,343 33,614 942,957 936,623 33,614 970,237 964,722 33,614 998,336 964,722 50,421 1,015,143 30
2/2 B1 2 668 23,770 971,454 1,000,598 1,030,616 1,061,535 1,093,381 1,093,381 40,885 62,456 62,456 62,456 62,456 62,456 93,685 40,885 1,033,910 1,063,054 1,093,072 1,123,991 1,155,837 1,187,066 1,028 36,563 2,058,103 144,106 2,202,209 1/2 1213 68 1213 752 26,762 50,000 50,000 451,260 53,000 504,260 526,470 53,000 579,470 552,794 55,500 608,294 580,621 58,125 638,746 609,201 60,881 670,082 640,037 63,775 703,812 1/2 5 10495 917 32,644 100,000 3,000 103,000 650,000 100,000 3,000 753,000 680,000 105,000 3,000 788,000 714,000 110,250 3,000 827,250 749,700 115,762 3,000 868,462 787,185 121,550 3,000 911,735 31
1/1B1 659 B1 835 29,725 96,737 96,737 575,524 96,737 672,261 96,737 96,737 575,524 96,737 672,261 356,675 96,737 453,412 475,567 96,737 572,304 (a)40% (b) 20% 1/1 12 7-9 652 23,182 556,267 93,071 649,338 635,733 93,071 728,805 675,467 93,071 768,538 695,731 93,071 788,802 716,603 93,071 809,674 738,101 93,071 831,172 760,244 93,071 853,315 783,051 93,071 876,122 1/1 291 8-9 2,058 73,242 452,835 452,835 1,050,000 452,835 1,502,835 1,100,000 452,835 1,552,835 1,150,000 452,835 1,602,835 1,200,000 452,835 1,652,835 1,250,000 452,835 1,702,835 1/1 221 934 1,432 50,953 214,790 214,790 1,073,948 214,790 1,288,737 10 1,106,166 214,790 1,320,955 3% 1,139,350 214,790 1,354,140 3% 1,173,531 214,790 1,388,321 1,208,737 214,790 1,423,527 32
1/1 115 1884 500 17,792 1,250,000 130,000 1,380,000 1,287,500 130,000 1,417,500 1,326,125 130,000 1,456,125 1,365,909 130,000 1,495,909 1,406,886 130,000 1,536,886 1,449,093 130,000 1,579,093 1/1 330 775-6 1,501 53,425 225,213 225,213 1,249,500 225,213 1,474,713 1,323,000 225,213 1,548,213 1,323,000 236,474 1,559,474 1,396,500 236,474 1,632,974 698,250 236,474 934,724 1,470,000 236,474 1,706,474 735,000 248,297 983,297 1,543,500 248,297 1,791,797 771,750 248,297 1,020,047 1,617,000 248,297 1,865,297 1,690,500 248,297 1,938,797 1,764,000 260,712 2,024,712 33
1/1 111 188B12 1,030 36,668 154,574 154,574 1,000,000 154,574 1,154,574 1,030,000 154,574 1,184,574 1,060,900 154,574 1,215,474 1,092,727 154,574 1,247,301 1,125,509 154,574 1,280,083 1,159,274 154,574 1,313,848 1,194,052 154,574 1,348,626 1,229,874 154,574 1,384,448 1,266,770 154,574 1,421,344 1,304,773 154,574 1,459,347 1/1 600 299 67 584 20,766 112,095 112,095 340,000 112,095 452,095 357,000 112,095 469,095 374,850 112,095 486,945 393,600 112,095 505,695 413,300 112,095 525,395 34
7201 29,013 215,629 230,723 246,873 264,155 282,645 5,256 5,256 5,256 6,334 6,334 6,334 5,256 220,885 235,979 253,207 270,489 288,979 197302 13,272 96,466 41,059 137,525 120,583 41,059 161,642 147,960 41,059 189,019 160,290 41,059 201,349 172,620 41,059 213,679 35
True Dance* True Dance 1. 2. 3. 4. 5. 6. 36
Fester Global 54% 82.32% 17.68% 100% 100% Active Gains 46% Fester Global 82.32% 17.68% Active Yield 29% 71% 100% True Cayman 100% 100% 100% True Yoga Cayman 100% 100% True Fitness 100% True Yoga 100% True Fitness (STC) Pte. Ltd. 37
True Fitness 113,118 257,515 252,786 4,958 432 9,028 4,958 432 9,028 24,991 20,421 6,352 True Fitness9.0 0.4 22.9 True Fitness 23.3(i)Parkway Parade (ii)china Square (iii) 38
True Fitness6.4 20.4True Yoga 14,103,000True Yoga True Yoga 13,245 41,508 52,277 (7,329) (15,660) (25,096) (7,329) (15,660) (25,096) (244,017) (222,377) (212,083) True Yoga25.1 15.7 Ocean Financial centre9.6 True Fitness True YogaTrue Yoga1.5 39
True Yoga Cayman 153,873 313,727 263,661 1,799 8,969 6,655 (1,167) 4,133 6,126 31,369 49,941 45,577 40
True CaymanTrue Yoga Cayman 15,00050 4.8 IHRSA4.1%220,000 (17.5%)(14.8%) 222 13.5% 41
15,0003,346 12 IHRSA0.4%4,800,000 (17.5%)(14.8%)19.8 13.5% 11 15,000 10024IHRSA2.5%460,000 (17.5%)(14.8%) 333 13.5% 3,154.2362.33,516.5 1,511.1408.9 1,920.0 42
14.04(9) 25%100% 14.44 3,164,252,00063.92% 43
1. (i) (ii) 77192 57144 (iii) 58132 (http://www.hkexnews.hk) (http://www.tfkf.com.hk) http://www.hkexnews.hk/listedco/listconews/sehk/2015/0415/ltn20150415402_c.pdf http://www.hkexnews.hk/listedco/listconews/sehk/2016/0427/ltn20160427044_c.pdf http://www.hkexnews.hk/listedco/listconews/sehk/2017/0426/ltn201704261579_c.pdf 2. 782,588,000(i)546,440,000 (ii)37,478,000 (iii) 198,670,000 I 1
(i)230,280,000 (ii)3,522,000(iii)2,346,000 198,670,000 5,114,000(i)4,480,000 (ii)634,000 12,126,000 100,000,00022,828,000 3. I 2
4. 5. 633.3 465.736.0%27.6 29.8 167.6124.5 60% [2016]34 32.5 I 3
30 I 4
II-1II-58 II-4II-58True Fitness Pte. Ltd.True Fitness True Fitness True Fitness II-4II-58 True Fitness Fester Global Limited TFKT True Holdings 51%True Yoga Holdings Limited 29%True Fitness TFKT True Holdings True Fitness True FitnessTrue Fitness2 True Fitness True FitnessTrue Fitness True Fitness II 1
True Fitness 200 True Fitness True Fitness True Fitness True Fitness2 True Fitness True Fitness True Fitness True FitnessTrue Fitness 2True Fitness II 2
True Fitness True FitnessTrue FitnessTrue Fitness2True FitnessTrue Fitness 2410 True Fitness True Fitness 2 True FitnessII-4True Fitness True Fitness12True Fitness II 3
TRUE FITNESS True Fitness True FitnessTrue Fitness 50 (Accounting Standards Council)KPMG LLCTrue FitnessTrue Fitness True Fitness True Fitness II 4
6 274,311 252,786 257,515 103,931 113,118 7 7,717 8,248 5,088 4,213 2,061 8 (2,597) (2,813) (802) 108 913 (77,744) (72,099) (62,609) (24,317) (29,263) (106,467) (104,543) (107,486) (43,824) (48,328) (16,803) (15,965) (14,355) (6,051) (6,637) 21 (22,916) (1,770) (64,035) (55,330) (52,325) (22,075) (24,625) 14,382 10,284 2,110 11,985 5,469 9 (1,205) (1,256) (1,678) (752) (511) 13,177 9,028 432 11,233 4,958 10 11 13,177 9,028 432 11,233 4,958 (814) (1,328) (466) 373 907 12,363 7,700 (34) 11,606 5,865 II 5
14 79,186 59,504 56,443 60,289 10,827 10,705 14,248 8,744 15 5,471 2,389 2,340 2,162 16 130,957 152,616 226,441 225,214 73,031 71,195 17 5,757 6,197 5,339 4,397 16 29,783 41,236 219,770 214,192 15 2,484 2,960 3,527 6,487 38,024 50,393 228,636 225,076 18 53,830 35,576 24,645 29,062 19 1,982 3,352 2,056 2,513 127,319 123,692 129,718 137,833 16 2,879 30,264 29,991 174 20 5,523 5,006 933 3,161 21 21,823 24,565 191,533 197,890 209,166 197,308 (153,509) (147,497) 19,470 27,768 72,932 77,717 92,501 98,963 II 6
23 23,378 23,378 23,378 23,378 (22,129) (17,026) (2,957) 1,613 1,249 6,352 20,421 24,991 20 3,934 594 407 361 19 2,011 2,912 807 1,967 22 10,371 9,156 13,754 14,913 55,367 58,703 57,112 56,731 71,683 71,365 72,080 73,972 72,932 77,717 92,501 98,963 II 7
23,378 (7,685) (29,023) 6,478 (6,852) 13,177 13,177 (814) (814) (814) 13,177 12,363 (4,262) (4,262) 23,378 (8,499) (33,285) 19,655 1,249 9,028 9,028 (1,328) (1,328) (1,328) 9,028 7,700 (2,597) (2,597) 23,378 (9,827) (35,882) 28,683 6,352 432 432 (466) (466) (466) 432 (34) 14,103 14,103 II 8
23,378 (10,293) (21,779) 29,115 20,421 4,958 4,958 907 907 907 4,958 5,865 34 (1,295) (1,295) 23,378 (9,386) (23,074) 34,073 24,991 23,378 (9,827) (35,882) 28,683 6,352 11,233 11,233 373 373 373 11,233 11,606 (2,597) (2,597) 23,378 (9,454) (38,479) 39,916 15,361 True Fitness II 9
13,177 9,028 432 11,233 4,958 16,803 15,965 14,355 6,051 6,637 133 31 32 32 1 1,634 902 653 1,205 1,256 1,678 752 511 (4,204) (5,501) (259) (103) (92) 22,916 1,770 782 916 93 83 544 29,530 22,597 39,900 18,048 14,329 19,908 16,831 16,122 6,215 6,486 (453) (615) (3,965) 1,608 6,138 22,912 (1,752) (547) 95 1,180 (8,212) (11,392) (9,544) (7,825) 1,839 5,616 12,213 8,829 (4,857) (585) (263) (57) (136) 69,301 37,619 50,738 13,284 29,251 (84,271) (92,077) (65,792) (18,108) (43,738) (9,574) (430) (10,038) (2,296) (3,855) 30,149 31,694 33,276 12,092 20,654 3,913 2,819 282 124 356 15 90 11 75 259 6 19 (3) (59,648) (57,563) (42,283) (8,306) (26,548) II 10
(17,869) (5,721) (4,475) (1,944) (693) (421) (230) (2,067) (3,455) (3,264) (1,486) (1,095) (2,457) (1,205) (1,256) (1,678) (752) (511) 173 751 323 9,822 2,489 337 2,875 31,130 (11,146) 20,309 (8,329) (3,859) 346 (1,493) 365 126 1,119 3,049 3,713 2,484 2,960 2,960 3,527 264 111 441 (125) (89) 2,484 2,960 3,527 3,954 6,487 II 11
TRUE FITNESS 1. True Fitness 8 Claymore Hill, #02-03, 8 on Claymore, Singapore, 229572True FitnessCJ Group Pte. Ltd.True Fitness WCJ Holdings Ltd True Fitness True FitnessTrue Fitness True FitnessTrue Fitness 2. True Fitness True Fitness4 3. True Fitness True Fitness II 12
True Fitness 9 1 15 1 16 2 1 22 2 1 4 4 9 1 10 28 3 40 1 12 1 1 2 3 9 9 II 13
True Fitness9 9 9 39 9 True Fitness 9 True Fitness True Fitness 9 II 14
15 15 15 18 11 15 15 15 15 15 True Fitness15 True Fitness15 II 15
16 16 16 17 16 True Fitness 16 17True Fitness True Fitness 16True Fitness 16 17 16 II 16
True Fitness 223,919,00025 16True Fitness 16 True Fitness True Fitness True Fitness 4. True FitnessTrue Fitness True Fitness True Fitness 2 17 2 36 II 17
True FitnessTrue Fitness True Fitness True Fitness True Fitness True Fitness True Fitness True Fitness II 18
True Fitness True Fitness True Fitness True Fitness True Fitness II 19
True Fitness True Fitness II 20
True FitnessTrue Fitness True Fitness True Fitness True Fitness II 21
True Fitness True Fitness True Fitness True Fitness True Fitness True Fitness II 22
True Fitness True Fitness II 23
True Fitness True Fitness True Fitness True Fitness II 24
True Fitness II 25
True Fitness True Fitness II 26
True Fitness True Fitness II 27
True Fitness (i) 37 (ii) True Fitness True Fitness II 28
5. 4True FitnessTrue Fitness True Fitness 79,186,00059,504,00056,443,00060,289,000 II 29
6. 150,395 129,439 116,547 49,325 48,909 71,708 72,184 84,796 33,567 40,853 16,779 16,581 17,174 7,235 7,679 30,476 28,628 31,395 11,120 12,569 4,953 5,954 7,603 2,684 3,108 274,311 252,786 257,515 103,931 113,118 True Fitness True Fitness (Accounting Standards Council) True Fitness True Fitness True Fitness True Fitness 10% II 30
7. 11 15 16 6 13 4,193 5,471 230 97 73 15 13 6 4,204 5,501 259 103 92 2,833 2,191 3,676 3,038 1,227 680 556 1,153 1,072 742 7,717 8,248 5,088 4,213 2,061 8. 1,634 902 653 133 31 32 32 1 782 916 93 83 544 48 964 24 (7) 368 2,597 2,813 802 108 913 II 31
9. 812 624 219 120 45 191 267 195 104 46 275 1,264 528 420 202 90 1,205 1,256 1,678 752 511 10. 17%True Fitness(Inland Revenue Authority) (Group Relief System)True Yoga Pte. Ltd. True Fitness II 32
13,177 9,028 432 11,233 4,958 17% 2,240 1,535 73 1,910 843 2,629 1,811 5,720 826 828 (790) (941) (73) (221) 622 422 (380) (2,950) (1,352) (163) (138) (145) (69) (64) (4,538) (1,887) (2,625) (1,315) (1,808) (Inland Revenue Authority of Singapore) (Productivity and Innovation Credit Scheme)PIC PICPIC II 33
11. 290 348 345 178 219 99,553 97,206 99,530 40,392 45,061 6,914 7,337 7,956 3,432 3,267 106,467 104,543 107,486 43,824 48,328 11A. II 34
II 35
True Fitness 1,547 1,497 1,535 774 770 9 37 103 102 101 51 51 1,659 1,636 1,636 825 821 12. 1,000,000 5 5 5 5 5 True Fitness True Fitness True FitnessTrue Fitness True Fitness True Fitness II 36
13. 14. 37,267 1,165 1,553 86,226 11,481 552 138,244 (1,571) (51) (64) (3,635) (472) (16) (5,809) 3,636 122 7,840 1,240 421 13,259 (2,437) (123) (4,972) (1,549) (9,081) (7) (7) 38 86 430 (554) 36,933 1,192 1,489 85,459 11,130 403 136,606 (2,877) (100) (109) (4,667) (667) (15) (8,435) 1,468 255 536 37 2,296 (6,782) (223) (9,676) (1,961) (18,642) 2 2 (591) (36) (627) 331 (331) 28,151 1,680 1,693 71,116 8,503 57 111,200 (722) (40) (39) (1,979) (202) (7) (2,989) 45 10 7,149 272 4,932 12,408 (552) (18) (140) (46) (756) 231 14 245 (83) (83) 582 18 2,000 211 (2,811) 27,735 1,664 1,654 78,146 8,655 2,171 120,025 1,519 116 75 3,483 386 196 5,775 66 6 766 95 7,671 8,604 (20) (1,078) (142) (1,240) (57) (57) 166 96 46 (308) 29,429 1,766 1,729 81,413 9,040 9,730 133,107 II 37
17,116 442 521 25,919 7,138 51,136 (791) (27) (30) (1,348) (280) (2,476) 4,388 315 188 10,829 1,083 16,803 (2,289) (123) (4,332) (1,298) (8,042) (1) (1) 18,424 606 679 31,068 6,643 57,420 (1,153) (51) (45) (2,068) (408) (3,725) 4,425 309 238 10,093 900 15,965 (5,896) (223) (9,676) (1,754) (17,549) (391) (24) (415) 15,409 864 649 29,417 5,357 51,696 (477) (19) (26) (1,110) (146) (1,778) 3,077 426 248 9,887 717 14,355 (503) (18) (59) (36) (616) (75) (75) 17,506 1,253 871 38,135 5,817 63,582 1,166 98 40 1,700 258 3,262 1,400 113 103 4,708 313 6,637 (9) (545) (62) (616) (47) (47) 20,025 1,455 1,014 43,998 6,326 72,818 18,509 586 810 54,391 4,487 403 79,186 12,742 816 1,044 41,699 3,146 57 59,504 10,229 411 783 40,011 2,838 2,171 56,443 9,404 311 715 37,415 2,714 9,730 60,289 II 38
5,192 6,463 2,134 4,749 810 1,044 783 716 6,002 7,507 2,917 5,465 15. 0.050.480.050.83 0.051.30.051.3 True Fitness 0.050.480.050.83 0.050.350.050.35 II 39
16. True Yoga Pte. Ltd. (i) 95,369 130,957 152,616 193,864 214,192 130,957 152,616 193,864 214,192 CJ Group Pte. Ltd. (ii) 20,367 20,085 25,537 25,868 20,367 25,537 25,868 25,868 True Spa Co., Ltd. (ii) 4,221 5,816 5,651 5,816 5,816 5,651 True Yoga Co., Ltd. (ii) 1,788 1,715 1,602 1,788 1,715 1,602 True Fitness Sdn Bhd (ii) 184 1,068 6,843 29 1,068 6,843 6,843 29 True Haven Sdn Bhd (ii) 220 211 197 220 211 197 True Fitness World Co., Ltd. (ii) 152 146 136 152 146 136 True Fitness Ltd. (ii) 920 742 1,270 9 920 1,270 1,270 123,221 160,740 193,852 219,770 214,192 (27,852) (29,783) (41,236) (219,770) (214,192) 95,369 130,957 152,616 (i) (ii) True Yoga Pte. Ltd.1,000,000 1,000,0001,000,0005,510,0005,360,000 5,635,000True Yoga Pte. Ltd.4 True Yoga Pte. Ltd.5.405.355.35 5.355.35 416,4932,457,000 4 5,492,4305,492,430 30,263,00029,604,000 4 422,0001,000387,000174,000 II 40
17. 3,412 1,989 1,930 1,388 70 2 697 2,656 649 543 1,648 1,482 2,758 2,466 5,757 6,197 5,339 4,397 True Fitness 30 True Fitness 030 3,412 1,989 1,930 1,388 1,634 902 653 (1,634) (902) (653) II 41
1,634,000902,000653,000 60 True FitnessTrue Fitness 18. 13,052 8,458 8,177 9,865 15,836 11,105 5,486 6,699 8,452 4,615 1,887 3,368 16,490 11,398 9,095 9,130 53,830 35,576 24,645 29,062 19. 1,982 3,352 2,056 2,513 2,011 2,912 807 1,967 3,993 6,264 2,863 4,480 II 42
True Fitness 3.6610.043.667.90 3.577.503.577.503.577.50 2,157 3,629 2,191 2,620 1,982 3,352 2,056 2,513 1,654 2,223 521 1,201 1,525 2,088 486 1,110 509 804 352 952 486 738 309 857 103 14 86 12 4,320 6,759 3,078 4,773 3,993 6,264 2,863 4,480 (327) (495) (215) (293) 3,993 6,264 2,863 4,480 12 (1,982) (3,352) (2,056) (2,513) 12 2,011 2,912 807 1,967 True Fitness 20. 534 354 543 510 8,923 5,246 797 3,012 9,457 5,600 1,340 3,522 9,457 5,600 1,340 2,590 932 9,457 5,600 1,340 3,522 II 43
5,523 5,006 933 3,161 3,934 594 407 361 9,457 5,600 1,340 3,522 (5,523) (5,006) (933) (3,161) 3,934 594 407 361 True Fitness30 True Fitness 2,516 574 541 571 379 193 407 361 3,007 4,432 392 2,590 3,555 401 9,457 5,600 1,340 3,522 II 44
True Fitness 3.5710 3.5710 3.5710 10 8.35 8.35 8.35 8.35 21. True Fitness 100,000,000 101,524,000 21,823,000107,609,00024,565,000 True FitnessTrue Fitness True Fitness (1,093) 22,916 21,823 972 1,770 24,565 II 45
22. 10,810 (439) 10,371 (666) (286) (263) 9,156 (440) 5,095 (57) 13,754 612 683 (136) 14,913 True Fitness True Fitness 23. 1 4,424,000 True Fitness 4,424,000 23,378,000 II 46
24. True Fitness 40,680,00038,445,00021,092,00023,574,000 25. True Fitness True Fitness 77,744,00072,099,000 62,609,00024,317,00029,263,000 True Fitness 76,036 58,762 60,827 75,104 88,932 37,543 129,598 148,815 164,968 96,305 190,425 223,919 True Fitness II 47
26. (i) True Fitness True Fitness True Yoga Pte. Ltd. (a) 17 6 16 12 10 45 230 97 73 19,908 16,831 16,122 6,718 6,486 CJ Group Pte. Ltd. 275 1,264 528 420 (b) 2 2 194 4,193 5,426 202 90 (a) (b) (ii) True FitnessTrue Fitness 1,603,0001,016,000244,000 626,0009,457,0005,600,000 1,340,0003,522,000 True FitnessTrue Fitness 677,0001,137,000531,000 795,0003,993,0006,264,0002,863,000 4,480,000 II 48
(iii) 1,547 1,497 1,535 774 770 9 37 103 102 101 51 51 1,659 1,636 1,636 825 821 27. True FitnessCentral Provident Fund Board)True Fitness 6,914,0007,337,0007,956,0003,432,000 3,267,000True Fitness 28. True FitnessTrue FitnessTrue Fitness True Fitness True Fitness True Fitness True FitnessTrue Fitness True Fitness True Fitness II 49
29. 172,804 203,916 228,218 224,772 53,114 62,982 47,799 22,893 3,993 6,264 2,863 4,480 21,823 24,565 57,107 69,246 72,485 51,938 True Fitness True FitnessTrue Fitness True Fitness II 50
9,116 9,103 9,104 9,059 21,824 24,800 True Fitness5% 5% 5% 5% 378 378 378 376 (906) (1,029) True Fitness True Fitness II 51
True Fitness 50 50 True Fitness 272,000201,00016,00045,000 True Fitness True Fitness 21True Fitness True Fitness True FitnessTrue Fitness II 52
True FitnessTrue Fitness True FitnessTrue Fitness True FitnessTrue Fitness True Fitness 1621 True Fitness True Fitness True Fitness True Fitness True Fitness II 53
3 36 61 1 40,778 40,778 40,778 422 422 422 4.00 2,457 2,457 2,457 7.50 73 736 1,930 422 3,161 2,895 8.35 573 1,147 1,720 3,730 7,170 6,562 8.19 973 569 615 2,163 4,320 3,993 20,772 20,772 66,048 2,452 4,265 6,315 79,080 57,107 3 36 61 1 27,118 27,118 27,118 1 1 1 4.00 30,263 30,263 30,263 6.7 445 63 94 204 806 767 8.35 779 1,657 2,336 404 5,176 4,833 6.71 1,637 957 1,035 3,130 6,759 6,264 21,875 21,875 82,118 2,677 3,465 3,738 91,998 69,246 3 36 61 1 16,468 16,468 16,468 387 387 387 4.00 29,604 29,604 29,604 6.7 434 106 92 462 1,094 948 8.35 395 395 392 7.12 988 579 624 887 3,078 2,863 21,823 21,823 21,823 70,099 685 716 1,349 72,849 72,485 II 54
3 36 61 1 19,197 19,197 19,197 174 174 174 10.00 455 64 96 402 1,017 932 8.35 492 982 1,228 2,702 2,590 7.23 1,182 691 747 2,153 4,773 4,480 24,565 24,565 24,565 46,065 1,737 2,071 2,555 52,428 51,938 True FitnessTrue Fitness 30. True Fitness5,471,0002,389,0002,340,000 2,162,000True Fitness II 55
31. True Fitness True Fitness True Fitness (STC) Pte. Ltd. 1,700,000 100 100 100 100 100 True Fitness (STC) Pte. Ltd. 50 (Accounting Standards Council) KPMG LLC 32. True Fitness True Fitness II 56
6,316 2,819 18,246 27,381 (2,258) (29) (8,859) (11,146) 191 202 812 1,205 (256) (113) (742) (1,111) 3,993 2,879 9,457 16,329 (3,722) 27,887 (3,856) 20,309 267 365 624 1,256 5,989 5,989 (263) (867) (625) (1,755) 6,264 30,264 5,600 42,128 (3,459) (513) (4,357) (8,329) 195 1,264 219 1,678 (137) (1,024) (122) (1,283) 2,863 29,991 1,340 34,194 (1,141) (650) 2,137 346 46 420 45 511 (30,922) (30,922) 2,585 2,585 127 915 1,042 420 420 4,480 174 3,522 8,176 6,264 30,264 5,600 42,128 (1,590) (205) (2,064) (3,859) 104 528 120 752 77 1,226 233 1,536 4,855 31,813 3,889 40,557 II 57
33. True FitnessTrue Fitness True Fitness CJ Group Pte. Ltd.True Fitness(i)CJ Group Pte. Ltd. 32,217,000(ii)CJ Group Pte. Ltd.5,492,430 30,922,000 True FitnessCJ Group Pte. Ltd. 1,295,000 19,908,000 16,831,00016,122,0006,215,0006,486,000 II 58
II-59II-110 II-63II-110True Yoga Pte. Ltd.True Yoga True Yoga II-63II-110True Yoga Fester Global Limited TFKT True Holdings 51%True Yoga Holdings Limited 29% True YogaTFKT True Holdings True Yoga True YogaTrue Yoga2 True YogaTrue Yoga True Yoga True Yoga II 59
True Yoga 200 True Yoga True Yoga True Yoga True Yoga2 True Yoga True Yoga True Yoga True YogaTrue Yoga 2True Yoga II 60
True Yoga True YogaTrue YogaTrue Yoga2True Yoga True Yoga 2410 True Yoga True Yoga2 True YogaII-63True Yoga II 61
True Yoga11True Yoga II 62
TRUE YOGA True Yoga True YogaTrue Yoga 50(Accounting Standards Council)KPMG LLC True Yoga True Yoga True Yoga True Yoga II 63
5 58,235 52,277 41,508 19,832 13,245 6 21,090 17,856 18,249 7,990 7,597 7 (6,282) (709) (501) (102) 1 (25,933) (24,002) (15,673) (8,350) (5,281) (62,519) (57,316) (48,968) (22,304) (19,697) (4,310) (379) (461) (182) (135) (15,091) (12,744) (9,550) (4,469) (2,974) (34,810) (25,017) (15,396) (7,585) (7,244) 8 (37) (79) (264) (111) (85) (34,847) (25,096) (15,660) (7,696) (7,329) 9 10 (34,847) (25,096) (15,660) (7,696) (7,329) 8,693 14,176 5,366 (8,853) (9,901) (26,154) (10,920) (10,294) (16,549) (17,230) II 64
13 1,338 760 202 152 6,523 6,892 3,782 3,559 7,861 7,652 3,984 3,711 14 1,309 1,916 993 1,117 18 17,720 15,928 1,859 15 1,146 773 2,175 1,271 20,175 18,617 5,027 2,388 16 16,987 12,676 6,784 7,249 17 177 165 162 181 21,698 20,393 16,105 15,151 18 16,942 14,630 18 648 605 18 148,629 167,409 193,872 214,192 205,081 215,878 216,923 236,773 (184,906) (197,261) (211,896) (234,385) (177,045) (189,609) (207,912) (230,674) II 65
19 455 455 455 455 (201,618) (212,538) (222,832) (244,472) (201,163) (212,083) (222,377) (244,017) 17 841 620 445 453 20 3,453 3,225 1,538 1,606 19,824 18,629 12,482 11,284 24,118 22,474 14,465 13,343 (177,045) (189,609) (207,912) (230,674) II 66
455 (14,121) (161,343) (175,009) (34,847) (34,847) 8,693 8,693 8,693 (34,847) (26,154) 455 (5,428) (196,190) (201,163) (25,096) (25,096) 14,176 14,176 14,176 (25,096) (10,920) 455 8,748 (221,286) (212,083) (15,660) (15,660) 5,366 5,366 5,366 (15,660) (10,294) II 67
455 14,114 (236,946) (222,377) (7,329) (7,329) (9,901) (9,901) (9,901) (7,329) (17,230) (4,410) (4,410) 455 4,213 (4,410) (244,275) (244,017) 455 8,748 (221,286) (212,083) (7,696) (7,696) (8,853) (8,853) (8,853) (7,696) (16,549) 455 (105) (228,982) (228,632) II 68
(34,847) (25,096) (15,660) (7,696) (7,329) 4,310 379 461 182 135 (47) (6) (4) (4) 269 270 (237) 6,063 439 630 37 79 264 111 85 105 105 (24,215) (23,935) (14,441) (7,302) (7,109) (19,908) (16,831) (16,122) (6,215) (6,486) (36) (829) 3,108 3,053 391 (201) (989) 970 1,041 (80) (822) (3,365) (5,896) (1,742) 163 (437) 253 (10,065) (3,657) (3,425) (1,713) (1,713) (15) (45,619) (45,696) (44,159) (16,535) (16,561) (862) (294) (677) (310) (78) 16,728 19,468 14,490 14,150 3,097 49 6 126 126 (16,432) (18,825) (80) (43) (5,565) (517) 355 13,859 13,923 (2,546) II 69
50,455 47,163 47,969 15,965 18,343 (3,996) (1,835) (15,028) (13,641) (185) (171) (170) (37) (79) (264) (111) (85) (622) 46,237 45,078 31,885 2,213 18,258 101 (263) 1,585 (399) (849) 1,254 1,146 773 773 2,175 (209) (110) (183) (26) (55) 1,146 773 2,175 348 1,271 II 70
TRUE YOGA 1. True Yoga 8 Claymore Hill, #02-03, 8 on Claymore, Singapore, 229572True YogaCJ Group Pte. Ltd.True Yoga WCJ Holdings Ltd True Yoga True Yoga True YogaTrue Yoga 2. True Yoga True Yoga4 True Yoga True Yoga True Yoga 3. True Yoga True Yoga II 71
True Yoga 9 1 15 1 16 2 1 22 2 1 4 4 9 1 10 28 3 40 1 12 1 1 2 3 9 9 II 72
True Yoga9 9 9 39 9 True Yoga 9 True Yoga True Yoga9 II 73
15 15 15 18 11 15 15 15 15 15 True Yoga15 True Yoga15 II 74
16 16 16 17 16 True Yoga 16 17True YogaTrue Yoga 16True Yoga 16 17 16 II 75
True Yoga 17,400,00022 16True Yoga 16 True Yoga True Yoga True Yoga 4. True YogaTrue Yoga True Yoga True Yoga 2 17 2 36 II 76
True Yoga True Yoga II 77
True Yoga True Yoga True YogaTrue Yoga True YogaTrue Yoga II 78
True Yoga True Yoga True Yoga True Yoga II 79
True Yoga True Yoga True Yoga True Yoga II 80
True Yoga True Yoga II 81
True YogaTrue Yoga True Yoga II 82
True Yoga True Yoga II 83
True Yoga True Yoga True Yoga II 84
True Yoga True Yoga True Yoga II 85
5. 44,254 39,313 32,177 15,016 10,424 4,755 4,646 2,815 1,566 1,090 7,995 7,093 4,149 1,921 1,501 1,231 1,225 2,367 1,329 230 58,235 52,277 41,508 19,832 13,245 True Yoga True Yoga (Accounting Standards Council) True Yoga True Yoga True YogaTrue Yoga True Yoga 10% II 86
6. 19,908 16,831 16,122 6,215 6,486 1,154 881 1,267 935 265 28 144 860 840 846 21,090 17,856 18,249 7,990 7,597 7. 3 (6) (7) (1) 1 (269) (270) 237 47 6 4 4 (6,063) (439) (630) (105) (105) (6,282) (709) (501) (102) 1 II 87
8. 45 230 97 73 37 34 34 14 12 37 79 264 111 85 9. 17% True YogaTrue Yoga True YogaTrue Fitness Pte. Ltd.(Inland Revenue Authority) (Group Relief System) (34,847) (25,096) (15,660) (7,696) (7,329) 17% (5,924) (4,266) (2,662) (1,308) (1,246) 54 102 158 (126) (15) (50) (20) (13) 6,107 4,287 2,628 1,358 1,284 (111) (108) (74) (30) (25) II 88
(Inland Revenue Authority of Singapore) (Productivity and Innovation Credit Scheme)PIC PICPIC 10. 58,849 53,752 45,753 20,842 18,430 3,670 3,564 3,215 1,462 1,267 62,519 57,316 48,968 22,304 19,697 290 348 346 146 144 10A. 9,817 78 9,895 II 89
9,016 78 9,094 8,973 98 9,071 4,102 29 4,131 II 90
3,421 57 3,478 True Yoga True Yoga True Yoga 9,478 7,077 6,960 3,460 2,888 82 1,279 1,404 554 66 312 312 392 195 126 9,872 8,668 8,756 4,209 3,080 II 91
1,000,000 1 1 2 3 1,000,001 1,500,000 2 1 1 2 1 1,500,001 2,000,000 2,000,001 2,500,000 2,500,001 3,000,000 3,000,001 3,500,000 2 2 2 4 4 4 4 4 True Yoga True YogaTrue Yoga 11. True Yoga 12. II 92
13. 119 4,729 2,004 38,660 8,217 312 54,041 (5) (190) (81) (1,578) (319) (20) (2,193) 11 112 141 123 475 862 (142) (751) (893) 6 6 314 (314) 125 4,515 1,923 37,223 7,584 453 51,823 (8) (320) (127) (2,460) (504) (14) (3,433) 188 26 80 294 (11) (38) (49) 4 12 16 (14) (14) 439 (439) 117 4,812 1,796 34,778 7,134 48,637 (2) (119) (39) (264) (424) 421 250 6 677 3 9 12 (78) (1) (79) (5) (28) (20,573) (3,265) (23,871) 110 5,011 1,757 14,191 3,883 24,952 5 223 78 632 173 1,111 24 44 68 10 10 (14) (14) (3) (3) 125 5,241 1,835 14,867 4,056 26,124 II 93
119 3,878 1,191 30,372 7,324 42,884 (5) (171) (43) (1,371) (291) (1,881) 1 439 223 3,004 643 4,310 (142) (749) (891) 10 511 (333) 5,218 657 6,063 125 4,515 1,038 37,223 7,584 50,485 (8) (313) (80) (2,460) (502) (3,363) 27 321 4 27 379 (11) (38) (49) (14) (14) 439 439 117 4,654 1,279 34,756 7,071 47,877 (2) (102) (22) (264) (390) 103 298 25 35 461 (61) (1) (62) (5) (26) (20,470) (3,265) (23,766) 443 144 43 630 110 5,011 1,555 14,191 3,883 24,750 5 223 71 632 173 1.104 1 2 123 9 135 (14) (14) (3) (3) 116 5,219 1,749 14,832 4,056 25,972 885 453 1,338 158 517 22 63 760 202 202 9 22 86 35 152 II 94
True YogaTrue Yoga True Yoga True Yoga6,063,000439,000 630,000 885 517 202 78 II 95
14. 696 773 726 437 (237) 696 536 726 437 8 45 35 156 32 410 578 1,216 235 225 1,309 1,916 993 1,117 True Yoga 30 True Yoga 030 696 536 726 437 II 96
269 270 (237) (269) (270) 269,000270,000 60 True YogaTrue Yoga 15. 0.10 16. 8,365 7,725 3,377 4,528 8,622 4,951 3,407 2,721 16,987 12,676 6,784 7,249 II 97
17. 177 165 162 181 841 620 445 453 1,018 785 607 634 True Yoga 1.99 212 198 194 195 177 165 162 181 212 198 194 195 177 165 162 181 637 545 339 342 531 455 283 272 159 133 1,220 941 727 732 1,018 785 607 634 (202) (156) (120) (98) 1,018 785 607 634 12 (177) (165) (162) (181) 12 841 620 445 453 True Yoga II 98
18. CJ Group Pte Ltd 14,723 14,352 12,623 1,845 14,723 14,352 12,623 1,845 True Fitness Ltd. (Thailand) (i) 3,418 3,368 3,305 10 3,418 3,368 3,305 10 (ii) 4 4 4 18,141 17,720 15,928 1,859 (i) (ii) 1,000,0001,000,000 1,000,0005,510,0005,390,000 5,630,0004 148,629,000161,899,000188,482,000 208,562,000 II 99
19. 1 100,000 100,000 True Yoga 455,000 20. 3,600 (147) 3,453 (228) 3,225 (1,713) 26 1,538 (15) 83 1,606 True Yoga True Yoga II 100
21. True Yoga 750 (750) 788 (788) (38) 38 750 (750) 750 (750) True Yoga 4,412,000 68,641,000 82,759,00082,776,00079,694,000 II 101
True Yoga 59,411 35,924 (26,694) 68,641 25,218 (11,110) 82,759 15,458 (15,441) 82,776 7,553 (10,635) 79,694 22. True Yoga True Yoga 25,933,00024,002,000 15,673,0008,350,0005,281,000 II 102
True Yoga 24,944 15,147 12,125 11,773 8,166 22,003 9,643 5,627 33,110 37,150 21,768 17,400 True Yoga 22. (i) True YogaTrue Yoga True Fitness Pte. Ltd.* 6 16 12 10 17 45 230 96 73 19,908 16,831 16,122 6,215 6,486 * II 103
(ii) 19,295 16,093 15,933 7,531 6,284 82 1,279 1,404 554 66 390 390 490 192 196 19,767 17,762 17,827 8,277 6,546 24. True Yoga(Central Provident Fund Board) True Yoga 3,670,000 3,564,0003,215,0001,462,0001,267,000 True Yoga 25. True YogaTrue Yoga True YogaTrue Yoga True Yoga True YogaTrue Yoga True YogaTrue Yoga II 104
26. 19,597 17,401 4,792 2,163 174,841 187,595 197,279 216,913 1,018 785 607 634 175,859 188,380 197,886 217,547 True Yoga True Yoga 1817True Yoga 15 II 105
True Yoga True Yoga True Yoga True Yoga True YogaTrue Yoga True Yoga 17,720,00015,928,0001,859,000 True Yoga True Yoga II 106
True Yoga True Yoga True Yoga True Yoga True YogaTrue Yoga True Yoga True Yoga 3 36 61 1 8,622 8,622 8,622 1.99 53 53 106 1,008 1,220 1,018 648 648 648 16,942 16,942 16,942 148,629 148,629 148,629 174,894 53 106 1,008 176,061 175,859 3 36 61 1 4,951 4,951 4,951 1.99 50 49 99 743 941 785 605 605 605 14,630 14,630 14,630 161,899 161,899 161,899 4.00 5,510 5,510 5,510 187,645 49 99 743 188,536 188,380 II 107
3 36 61 1 3,407 3,407 3,407 1.99 48 49 97 533 727 607 188,482 188,482 188,482 4.00 5,390 5,390 5,390 197,327 49 97 533 198,006 197,886 3 36 61 1 2,721 2,721 2,721 1.99 51 51 93 537 732 634 208,562 208,562 208,562 4.00 5,630 5,630 5,630 216,964 51 93 537 217,645 217,547 True YogaTrue Yoga 27. True Yoga True Yoga II 108
1,246 21,636 675 124,499 148,056 (222) (3,996) 50,455 46,237 37 37 (19,908) (19,908) (43) (698) (27) (6,417) (7,185) 1,018 16,942 648 148,629 167,237 (205) (1,835) 47,118 45,078 34 45 79 (16,831) (16,831) (62) (477) (43) (11,552) (12,134) 785 14,630 605 167,409 183,429 (204) (15,028) (622) 47,739 31,885 34 230 264 (16,122) (16,122) (8) 398 17 (5,384) (4,977) 607 193,872 194,479 18,270 18,270 12 73 85 (6,486) (6,486) 15 8,463 8,478 634 214,192 214,826 785 14,630 605 167,409 183,429 (13,641) 15,868 2,227 14 97 111 (6,215) (6,215) (53) (989) 25 7,071 6,054 746 630 184,230 185,606 II 109
28. True YogaTrue Yoga True Yoga CJ Group Pte. Ltd.True YogaCJ Group Pte. Ltd.783,000 4,410,000 19,908,000 16,831,00016,122,0006,215,0006,486,000 II 110
II-111II-180 II-114II-180True Yoga Holdings LimitedTrue Yoga CaymanTrue Yoga Cayman True Yoga Cayman II-114II-180True Yoga Cayman Fester Global LimitedTFKT True Holdings 51%True Yoga Cayman 29% True Yoga Cayman True Yoga CaymanTrue Yoga Cayman2 True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman II 111
True Yoga Cayman 200 True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman2 True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman2True Yoga Cayman True Yoga Cayman True Yoga Cayman II 112
True Yoga CaymanTrue Yoga Cayman 2True Yoga Cayman True Yoga Cayman 2410 True Yoga Cayman True Yoga Cayman2 True Yoga CaymanII-114True Yoga Cayman True Yoga Cayman12True Yoga Cayman II 113
TRUE YOGA CAYMAN True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman True Yoga Cayman True Yoga Cayman II 114
6 210,168 263,661 313,727 120,841 153,873 (187,561) (238,903) (284,056) (109,364) (142,212) 22,607 24,758 29,671 11,477 11,661 7 2,106 1,838 839 212 347 8 355 1,821 (499) (113) (391) (1,823) (1,499) (2,013) (613) (1,004) (17,152) (18,480) (18,119) (7,728) (8,526) 6,093 8,438 9,879 3,235 2,087 9 (1,419) (1,783) (910) (592) (288) 4,674 6,655 8,969 2,643 1,799 10 (3,994) (529) (4,836) (1,107) (2,966) 11 680 6,126 4,133 1,536 (1,167) (110) 40 231 73 247 (3,606) 4,162 (110) (3,566) 231 73 4,409 570 2,560 4,364 1,609 3,242 II 115
14 112,731 144,484 173,963 182,235 15 6,240 6,240 16 38,154 9,547 11,449 12,715 10,629 13,303 17 31,200 29,660 39,618 51,139 24 3,826 4,630 3,460 2,971 197,360 197,729 243,457 249,648 76 16 3,045 130 345 6,935 17 16,737 23,573 31,580 32,833 18 5,008 7,191 9,925 10,773 19 6,997 33,352 18,815 13,526 31,863 64,246 60,665 64,067 20 40,635 33,207 32,684 32,373 71,941 89,633 116,016 127,340 267 841 984 16 1,541 180 21 7,572 9,445 13,538 23,420 22 272 23 6,808 6,947 1,057 128,764 140,525 164,279 183,133 (96,901) (76,279) (103,614) (119,066) 100,459 121,450 139,843 130,582 II 116
25 4,500 41,311 41,311 41,311 38,099 4,266 8,630 (9,942) 42,599 45,577 49,941 31,369 20 6,827 8,652 9,285 10,158 21 5,776 9,768 10,036 22 4,428 6,072 6,925 7,787 23 13,071 7,550 33,473 47,796 63,792 71,040 24 61 27 132 192 57,860 75,873 89,902 99,213 100,459 121,450 139,843 130,582 II 117
i ii 4,500 (197) 2,255 35,471 42,029 680 680 (110) (110) (110) 680 570 4,500 (307) 2,255 36,151 42,599 6,126 6,126 40 40 (3,606) (3,606) (3,566) 6,126 2,560 41,311 41,311 (40,893) (40,893) (4,500) 4,500 41,311 (36,393) (3,873) 2,255 42,277 45,577 4,133 4,133 231 231 231 4,133 4,364 41,311 (36,393) (3,642) 2,255 46,410 49,941 II 118
i ii (1,167) (1,167) 247 247 4,162 4,162 4,409 (1,167) 3,242 (25,202) (25,202) 29 (538) 3,926 3,388 41,311 (36,393) 229 2,255 (21,276) 45,243 31,369 41,311 (36,393) (3,873) 2,255 42,277 45.577 1,536 1,536 73 73 73 1,536 1,609 41,311 (36,393) (3,800) 2,255 43,813 47,186 (i) 100%170,393,000 40,893,000 (ii) True Yoga Cayman 10% II 119
4,674 6,655 8,969 2,643 1,799 19,642 25,526 32,781 12,474 16,216 1,419 1,783 910 592 288 (2,106) (1,678) (602) (212) (310) 116 72 283 100 31 23,745 32,358 42,341 15,597 18,024 (6,420) (1,796) 2,086 (2,626) (1,788) (2,766) (8,403) (17,965) (5,516) (6,889) (25) 73 (666) (2,483) (2,734) (4,160) (21) 9,095 4,651 4,632 (863) 10,517 21,148 36,456 43,111 17,803 13,605 (272) 44,111 60,856 71,199 20,235 33,448 (6,128) (939) (3,418) (844) (4,012) 37,983 59,917 67,781 19,391 29,436 (31,620) (71,966) (66,505) (25,987) (24,690) (7,670) (9,762) (16,190) 2,106 1,678 602 212 310 41,064 (6,500) 10 30 29 (3,418) (37,184) (35,714) (75,665) (25,775) (43,958) II 120
(2,320) (4,577) (13,440) (2,833) (1,145) (1,419) (1,783) (910) (592) (288) 1,854 9,460 16,706 10,548 58 (1,354) (180) (74) 41,311 (40,893) (1,490) (8,621) (5,034) (1,827) 674 (6,445) (8,533) 9,115 (1,028) 24,877 (14,329) (14,917) (5,407) 7,716 6,951 33,352 33,352 18,815 309 1,524 (208) (116) 118 6,997 33,352 18,815 18,319 13,526 II 121
TRUE YOGA CAYMAN 1. True Yoga Cayman 105 207-3True Yoga CaymanCJ Group Pte. Ltd.WCJ Holdings LtdTrue Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman 2. True Yoga Cayman True Yoga Cayman4 True Yoga Cayman170,393,000 40,893,000CJ Group Pte Ltd. 100%True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman II 122
3. True Yoga Cayman True Yoga Cayman True Yoga Cayman 9 1 15 1 16 2 1 22 2 1 4 4 9 1 10 28 3 40 1 12 1 1 2 3 9 9 II 123
True Yoga Cayman9 9 9 39 9 II 124
True Yoga Cayman 9 True Yoga Cayman True Yoga Cayman 9 15 15 15 18 11 15 15 15 15 15 II 125
True Yoga Cayman15 True Yoga Cayman15 16 16 16 17 16 True Yoga Cayman 16 17True Yoga Cayman True Yoga Cayman 16 True Yoga Cayman 16 17 16 II 126
True Yoga Cayman 298,147,00026 16True Yoga Cayman 16 True Yoga Cayman True Yoga Cayman True Yoga Cayman 4. True Yoga CaymanTrue Yoga Cayman True Yoga Cayman True Yoga Cayman 2 17 2 36 II 127
True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman True Yoga Cayman True Yoga Cayman II 128
True Yoga Cayman True Yoga Cayman True Yoga Cayman (i) (ii) True Yoga Cayman True Yoga Cayman True Yoga Cayman 39 True Yoga CaymanTrue Yoga Cayman II 129
True Yoga Cayman True Yoga Cayman II 130
True Yoga Cayman(i) (ii) True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman II 131
True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman True Yoga Cayman II 132
True Yoga Cayman True Yoga Cayman True Yoga Cayman II 133
True Yoga Cayman True Yoga Cayman II 134
True Yoga Cayman True Yoga Cayman II 135
True Yoga Cayman II 136
True Yoga Cayman True Yoga Cayman True Yoga Cayman II 137
True Yoga Cayman II 138
True Yoga Cayman 5. 4True Yoga CaymanTrue Yoga Cayman True Yoga Cayman 112,731,000144,484,000173,963,000 182,235,000 II 139
6. 156,309 182,199 224,110 90,611 119,338 26,683 42,083 47,886 18,761 20,311 25,521 37,147 40,666 11,023 13,278 1,655 2,232 1,065 446 946 210,168 263,661 313,727 120,841 153,873 True Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman True Yoga CaymanTrue Yoga Cayman True Yoga Cayman (i) (ii) True Yoga CaymanTrue Yoga Cayman II 140
True Yoga Cayman 194,565 15,603 210,168 (1,398) 4,332 2,934 478 2,106 (844) 4,674 244,581 19,080 263,661 5,196 (967) 4,229 (725) 1,893 1,678 (420) 6,655 II 141
294,860 18,867 313,727 9,596 (348) 9,248 (327) (216) 602 (338) 8,969 112,931 7,910 120,841 2,525 166 2,691 (98) (13) 212 (149) 2,643 II 142
146,620 7,253 153,873 3,479 (1,252) 2,227 (100) (360) 310 (278) 1,799 4True Yoga Cayman True Yoga Cayman 211,144 11,082 222,226 6,997 229,223 167,758 11,294 179,052 7,572 186,624 II 143
220,840 7,783 228,623 33,352 261,975 187,263 13,914 201,177 15,221 216,398 277,932 7,375 285,307 18,815 304,122 216,773 14,102 230,875 23,306 254,181 II 144
300,189 300,189 13,526 313,715 248,890 248,890 33,456 282,346 18,499 1,143 19,642 61,646 2 61,648 116 116 II 145
24,500 1,026 25,526 63,404 51 63,455 6,500 6,500 62 10 72 31,869 912 32,781 62,852 62,852 275 8 283 II 146
12,273 201 12,474 25,987 25,987 100 100 15,962 254 16,216 19,412 277 19,689 31 31 II 147
(i) True Yoga Cayman(ii) True Yoga Cayman 194,565 244,581 294,860 112,931 146,620 115,373 157,786 186,134 195,538 15,603 19,080 18,867 7,910 7,253 8,807 5,653 4,698 210,168 263,661 313,727 120,841 153,873 124,180 163,439 190,832 195,538 7. 1,513 90 42 15 127 593 1,588 560 197 183 160 237 37 2,106 1,838 839 212 347 8. 478 1,893 (216) (13) (360) (116) (72) (283) (100) (31) (7) 355 1,821 (499) (113) (391) II 148
9. 844 420 338 149 278 575 1,363 572 443 10 1,419 1,783 910 592 288 10. 2,822 1,602 3,682 380 3,026 (15) 3 3 2 2,822 1,587 3,685 383 3,028 1,172 (1,058) 1,151 724 (62) 3,994 529 4,836 1,107 2,966 True Yoga Cayman 17% II 149
25% 4,674 6,655 8,969 2,643 1,799 17% 795 1,131 1,525 449 306 1,219 76 159 2 (15) 3 3 2 10% 1,636 59 615 57 1,946 3,025 344 (84) (27) 84 (39) (638) 615 569 (385) 3,994 529 4,836 1,107 2,966 10% II 150
11. 100,642 130,340 152,167 56,860 77,811 3,811 4,531 4,875 1,945 2,224 104,453 134,871 157,042 58,805 80,035 309 445 483 139 208 19,642 25,526 32,781 12,474 16,216 34,953 41,505 44,821 19,500 22,420 11A. i II 151
ii 1,688 9 1,697 Koh Boon Liangiii 1,728 9 1,737 Koh Boon Liangiii II 152
717 4 721 Koh Boon Liangiii 777 4 781 iv (i) True Yoga Cayman (ii) True Yoga Cayman (iii) Koh Boon LiangTrue Yoga Cayman (iv) True Yoga Cayman True Yoga Cayman II 153
True Yoga Cayman True Yoga Cayman 1,881 2,325 2,184 758 1,008 2,664 2,289 2,042 1,089 858 36 36 36 15 15 4,581 4,650 4,262 1,862 1,881 1,000,000 2 2 3 4 4 1,000,0011,500,000 1 1,500,0012,000,000 2 1 1 4 4 4 4 4 II 154
12. True Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman True Yoga Cayman 13. 14. 112,225 19,655 8,028 2,080 141,988 (5,511) (1,109) (308) (107) (7,035) 25,782 12,201 1,683 21,982 61,648 16,812 3,752 724 (21,288) (1,382) (785) (2,167) 149,308 33,117 9,342 2,667 194,434 (6,790) (1,786) (501) (1,403) (10,480) 9,168 3,048 1,885 49,354 63,455 7,565 7,381 911 (15,857) (611) (156) (767) 159,251 41,149 11,481 34,761 246,642 (730) (329) (104) (12) (1,175) 10,121 400 2,829 49,502 62,852 42,136 12,832 3,241 (58,209) (12,454) (42) (735) (22) (13,253) 198,324 54,010 16,712 26,020 295,066 16,023 4,270 1,309 2,081 23,683 4,914 3,119 1,259 10,397 19,689 32,518 4,266 651 (37,435) (49) (101) (47) (24) (221) 29 (12,199) (6,488) (1,378) (754) (20,819) 239,531 59,076 18,506 285 317,398 II 155
53,122 8,431 5,477 67,030 (2,400) (335) (183) (2,918) 14,284 4,218 1,140 19,642 (1,272) (779) (2,051) 65,006 11,042 5,655 81,703 (3,365) (722) (299) (4,386) 17,329 6,600 1,597 25,526 (553) (132) (685) 78,970 16,367 6,821 102,158 (514) (264) (88) (866) 21,493 8,791 2,497 32,781 (12,359) (36) (575) (12,970) 87,590 24,858 8,655 121,103 6,893 1,864 647 9,404 10,904 3,849 1,463 16,216 (35) (101) (24) (160) 29 (6,801) (3,471) (1,128) (11,400) 98,551 26,999 9,613 135,163 84,302 22,075 3,687 2,667 112,731 80,281 24,782 4,660 34,761 144,484 110,734 29,152 8,057 26,020 173,963 140,980 32,077 8,893 285 182,235 II 156
20,985 16,706 7,200 15. 6.500 (260) 6,240 520 (6,760) 6,240 II 157
True Yoga Cayman True Yoga CaymanTrue Yoga Cayman True Yoga Cayman True Yoga CaymanTrue Yoga Cayman 15.89%3% II 158
16. CJ Group Pte Ltd.i 24,902 29,977 9,547 29,977 29,977 9,547 9,547 True Fitness Pte Ltd.iiv 2,564 2,457 2,564 2,457 True Group Holdings Ltd.iiii 5,862 5,720 5,862 5,720 33,328 38,154 9,547 True Fitness Holdings (Singapore) Pte Ltd.iiiv 6,760 6,760 CJ Group Pte Ltd.iiiii 998 1,820 123 164 1,820 1,820 164 164 True Fitness Pte Ltd.iiiv 257 412 7 166 175 412 412 166 175 True Group Holdings Ltd.iiiii 236 463 463 463 True Fitness Ltd.iiiii 338 330 338 330 True Fitness Sdn Bndiiiii 21 20 21 20 True Yoga Pte Ltd.iiiv 15 15 15 1,850 3,045 130 345 6,935 (i) 4 (ii) (iii) (iv) II 159
17. 16,737 23,573 31,580 32,833 31,200 29,660 39,618 51,139 47,937 53,233 71,198 83,972 18. 1,936 3,294 5,512 5,271 503 51 89 915 2,569 3,846 4,324 4,587 5,008 7,191 9,925 10,773 II 160
15 60 True Yoga Cayman True Yoga CaymanTrue Yoga Cayman 19. 0.60.880.061.28 0.061.030.131.28 20. 4,432 4,440 5,200 8,119 17,919 22,126 25,837 29,642 3,885 4,762 4,923 4,228 21,226 10,531 6,009 542 47,462 41,859 41,969 42,531 (40,635) (33,207) (32,684) (32,373) 6,827 8,652 9,285 10,158 True Yoga Cayman True Yoga Cayman 060 4,432 4,440 5,200 8,119 II 161
21. 2,572 9,696 14,498 21,236 5,000 5,525 8,808 12,220 7,572 15,221 23,306 33,456 7,572 9,445 13,538 23,420 5,776 9,768 10,036 7,572 15,221 23,306 33,456 (7,572) (9,445) (13,538) (23,420) 5,776 9,768 10,036 True Yoga Cayman32 True Yoga Cayman 2.756.96 2.396.96 2.392.92 2.752.92 II 162
22. 2,790 (167) 1,805 4,428 (268) 2,184 6,344 (16) 869 (272) 6,925 577 466 29 (181) 7,787 4,428 6,072 6,925 7,787 272 4,428 6,344 6,925 7,787 True Yoga Cayman True Yoga Cayman II 163
23. 6,808 6,947 1,057 13,071 7,550 19,879 14,497 1,057 True Yoga Cayman 88.58810.69810.69810.69 8,052 7,863 1,067 6,808 6,947 1,057 7,233 5,513 6,460 5,092 7,037 2,543 6,611 2,458 22,322 15,919 1,067 19,879 14,497 1,057 (2,443) (1,422) (10) 19,879 14,497 1,057 12 (6,808) (6,947) (1,057) 12 13,071 7,550 II 164
24. 1,058 1,601 2,323 23 5,005 (35) (50) 15 2 (68) (123) 232 (1,195) (86) (1,172) 900 1,783 1,143 (61) 3,765 (47) (79) (67) (27) (220) 98 185 38 737 1,058 951 1,889 1,114 649 4,603 (3) (28) (93) (124) (136) 188 (616) (587) (1,151) 812 2,049 405 62 3,328 (51) (130) (26) (4) (211) 29 (199) (201) (400) 72 226 (178) (58) 62 634 2,145 2,779 3,826 4,630 3,460 2,971 (61) (27) (132) (192) 3,765 4,603 3,328 2,779 II 165