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Hsin Chong Construction Group Ltd.* HSIN CHONG CONSTRUCTION GROUP LTD. * 00404 (1) PS HONG KONG LIMITED (2) (3) Hsin Chong Construction Group Ltd.* 107-109 2SGM-1SGM-3 18317M 48 *

................................................................. 1........................................................... 11.................................................... 64............................................................. 66........................................ I 1.................................. IIA 1.................................. IIB 1.................................. IIC 1.................................. IID 1.................................. IIE 1.................................... IIF 1.................................... IIG 1.................................... III 1................................ IV 1.............................. V 1................................................ VI 1................................................... SGM 1 i

Hsin Chong Construction Group Ltd. * 900,000,000 Perfect Mark Perfect Mark * 1

Perfect Mark 1,659,600,000 (i) 1,578,000,000(ii) (iii) Perfect Mark Perfect Mark 1,420,000,000 2

1.53 1.53 Neo Summit Limited* Perfect Mark Perfect Mark Investments Limited Pinnacle State Group Limited* PS Hong Kong Limited 4

Perfect Mark Perfect Mark Perfect MarkPerfect Mark Perfect Mark 19,500,000Perfect Mark 1,900,000Perfect Mark 3,800,000 500,000,000 571 107-109 0.1 1,900,000,000 900,000,000 5

Synergis Holdings Limited* Rosy China Investments Limited Sorano Investments Limited Best Elect Investments Limited Market Elite Investments Limited Noble Empire Investments Limited 942,648 861,517 953,334 1,570,666 6

1,142,666 Perfect Mark Perfect Mark 2,088,000,000 (i) 2,030,000,000(ii) (iii) Perfect Mark Perfect Mark 1,828,000,000 1.53 7

1666.67 % 1.2 = 1.0 7.8 = 1.0 * 10

HSIN CHONG CONSTRUCTION GROUP LTD. * 00404 Clarendon House 2 Church Street Hamilton, HM11 Bermuda 107-109 (1) PS HONG KONG LIMITED (2) (3) Perfect Mark Perfect Mark * 11

Perfect Mark Perfect Mark Perfect Mark Perfect Mark (i) (ii)(iii) (iv) (v)(vi)(vii) (viii) (ix) Perfect Mark (i)28.9% (ii)13.3% (iii) Becl World Holding Ltd28.9% 600008 (iv) Jones Capital Investments Limited 28.9% 12

Perfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark 1,828,000,000Perfect Mark (i) 2,030,000,000(ii) (iii) (a)(b)(c) 2,088,000,00012.5% 13

290,000,000 Perfect Mark Perfect Mark (i) 350,000,000 (ii) 500,000,000 (iii) 218,790,0001.53 143,000,000 (iv) 759,210,000 Perfect Mark (1) Perfect Mark (2) (3) Perfect Mark (4) 500,000,0005,000,000,000 14

(5) Perfect Mark (i) (ii)(iii) (iv)(v) (a) (b) (c)(d) (e)(vi)(8)(vii) Perfect Mark (6) Perfect Mark 2,030,000,000 (7) (8) Perfect MarkPerfect Mark (i) (a) (b) (ii) (a) (b) (iii) (a) (b) 15

(iv) (a) (b) (v) (a) (b) (c) (vi) Perfect Mark Perfect Mark 18(i)(a)(b)8(v)(a) Perfect MarkPerfect Mark 16

Perfect Mark Perfect Mark Perfect Mark Perfect MarkPerfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark 17

1,420,000,000Perfect Mark (i) 1,578,000,000(ii) (iii) (a)(b) (c) 1,660,000,00014.4% Perfect Mark 195,000,000 Perfect Mark (i) 800,000,000 (ii) 620,000,0001.53 18

A = 1,578,000,000 B C A = Perfect Mark B = 1,578,000,000 C = 1.20 (1) (2) Perfect Mark (3) (4) Perfect Mark (5) 500,000,000 5,000,000,000 19

(6) Perfect Mark (i) (ii) (iii)(iv) (v)(a) (b) (c)(d) (e)(vi)(8) (vii)perfect Mark (7) (8) Perfect MarkPerfect Mark (i) (a) (b) (c) (ii) (a) (b) (c) (iii) (a) 20

(b) (c) (iv) (a) (b) (c) (v) (a) (b) (c) (vi) Perfect Mark Perfect Mark 21

Perfect MarkPerfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark Perfect Mark 12,000,000Perfect Mark 100,000 22

Perfect Mark 25,200,000 Perfect MarkPerfect Mark 1,900,0003,800,000 19,500,000Perfect Mark 12,000,000 Perfect Mark (1) Perfect Mark (2) (3) (4) Perfect Mark 23

(5) (6) (7) Perfect Mark (i) (ii) (iii)(iv) Perfect Mark (8) Perfect Mark(5)(6) Perfect Mark Perfect Mark Perfect Mark Perfect Mark 500,000,000 4 24

(i) 800,000,000 (1)(2) (ii) 800,000,000 (1)800,000,000 (2) (iii) (1) (2) 25

(i) (ii) (iii) (iv) (i) 14 13.25 (iii) 5,000,000 26

(v) (a) (b) (c) (d) (e) (a) (vi) 50,000,000 (vii) 27

(viii) (v) (a)(d) (ix) (x) (xi) 21 (xii) 50,000,000 (xiii) (xiv) (vi)(x) 28

1.53 (i) (ii) (iii) (iv) (v) (vi) 1.572.5% 1.51 1.3% 1.53 0.8775.9% 1.0348.5% 1.22 25.4% (i) (ii) (iii) (iv) 21.1% 17.4% 10.9% 900,000,000 6.7% (v) 900,000,000 5.5% (i) 59.8% (ii) 37.4% (iii) 900,000,000 19.1% 29

(iv) 900,000,000 15.5% 759,210,000 1.53 30

(a) 26(b) (1) (2) 100% 100% (i) 31

(ii) 14 (iii) (iv) (v) (vi) (vii) 3 (viii) (ix) 21 32

(i) 73.2% (ii) 42.3 (iii) 37.7% (iv) 900,000,000 18.9% 26 1.53 (i) 1.572.5% (ii) 1.51 1.3% (iii) 1.53 (iv) 0.8775.9% (v) 1.0348.5% (vi) 1.22 25.4% 33

GDP14.7%GDP 14.0% 40,000 30000 35,000 25,000 30,000 25,000 20,000 20,000 15,000 15,000 10,000 10,000 5,000 5,000 0 24.7% 498,400,000,0003,624,200,000,000 186,400,000947,600,000 19.8% 2,112.04,681.09.2% 14.7% 498.4 634.4 779.1 1,015.4 1,315.8 1,590.9 1,942.3 2,528.9 3,120.3 3,624.2 186.4 224.1 268.1 337.2 382.3 554.9 618.6 773.5 659.7 947.6 2,112.0 2,170.0 2,250.0 2,359.0 2,778.0 3,167.7 3,366.8 3,863.9 3,800.0 4,681.0 34

Beijing Property Development Company 40% 1035% 10,000,000 35

GDP18% 11%GDP GDP GDP 15% 18% 18.8% GDP 13 15% 12% 16.3% 3,000 3,200 36

GDP13%GDP GDP GDP 14.0% 13% 13.7% GDP 14% 13% 14.4% 2,400 3,0003,300 37

100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 38

100% 100% 100% 100% 100% 100% 100% 100% 39

100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 40

24,000,000 1,173,000,000,000 830 3,000,000 13,000 102 102 41

1,804,1652,706 3,000,000 3,000,0002,000,000 1,000,000 40 70 100,000250,000 10,000,000 42

105 11,5005,500 3,666,666.315,500 14 2,000,0001,300,000700,000 442,240,00024,200,000 43

70%30% 44

AIMYangtze China Investment Limited 41 7,500,000,000 9,000,000,0006,000,000,0007,200,000,000 300,000,000 360,000,000 45

0.5 0.3 0.1 0.5 0.3 0.1 2.7 2.1 0.2 0.3 0.2 2.7 2.1 0.2 0.3 0.2 3.1 2.4 0.3 0.3 0.3 571,100,000 662,700,000 46

1,800,000 10,600,000 12,000,000 (2008)3 20% 47

20% 35% 50% 7.5% 5.5% 25 48

6.56% 30%60% 20% 49

[2010]220 250,000 50

50,000 100,000 Perfect MarkPerfect Mark 1 (i) (ii) 51

90 60 53

(i) (ii) 54

3,847,800,000136,300,000 45,000,000 20,400,000 100% 56

Leeds University University of British ColumbiaCornell University 57

, AIA, HKIA, LEED AP Kohn Pederson Fox 480 LEED AP Urban Land Institute (i)(ii) (iii) (iv)(v) 22.5 100,000,0001,000,000,000677,499,662 100,000,000500,000,0004,000,000,000 58

1,900,000,000 (i)280.4%(ii) 155.0%(iii) 110.3%(iv) 52.5% (1) 1,900,000,000 (2) 20% (a) (b) (i) (ii) (iii) (3) (4) (5) (a)(b) 1,900,000,000 59

2,900,000,000 (i)800,000,000(ii)500,000,000 (iii)1,100,000,000(iv) 400,000,000(v) (i)(ii) (iii) (iv) (v) % % % % % 375,921,240 55.5 375,921,240 45.8 375,921,240 17.7 375,921,240 14.4 375,921,240 10.4 20,000,000 3.0 20,000,000 2.4 20,000,000 1.0 20,000,000 0.8 20,000,000 0.6 2,790,000 0.4 2,790,000 0.4 2,790,000 0.1 2,790,000 0.1 2,790,000 0.1 143,000,000 17.4 548,228,758 25.8 1,044,444,444 39.8 1,044,444,444 28.8 278,788,422 41.1 278,788,422 34.0 278,788,422 13.1 278,788,422 10.6 278,788,422 7.7 900,000,000 42.3 900,000,000 34.3 1,900,000,000 52.4 278,788,422 41.1 278,788,422 34.0 1,178,788,422 55.4 1,178,788,422 44.9 2,178,788,422 60.1 677,499,662 100.0 820,499,662 100.0 2,125,728,420 100.0 2,621,944,106 100.0 3,621,944,106 100.0 26 60

(i)89.2%2,764,300,0005,229,300,000 (ii)90.9%1,810,100,0003,454,600,000(iii) 99.0%828,700,0001,649,200,000 729,000,000 (i)157.7%2,764,300,000 7,122,900,000(ii)89.5%1,810,100,000 3,429,300,000(iii)330.6%828,700,000 3,568,100,000729,000,000 (i) 0.1%3,847,800,0003,850,800,000(ii) 48.6%136,300,00070,100,000 6,800,00041,000,00012,500,000 350,000,00026,000,000 (i)0.1%3,847,800,000 3,850,800,000(ii)43.9%136,300,000 76,500,000 6,500,000 61

100%14 28.9% 13.3%50.0% 14A.13(1)(a) 14.2214A.25 20,000,000 107-1092SGM 1SGM 3 62

18317M 48 6465 6697 Hsin Chong Construction Group Ltd. * * 63

HSIN CHONG CONSTRUCTION GROUP LTD. * 00404 (1) PS HONG KONG LIMITED (2) (3) 6697 * 64

Investec Capital Asia Ltd Room 3609-3613, 36/F, Two International Finance Centre 8 Finance Street, Central, Hong Kong 8363609-3613 Tel/: (852) 3187 5000 Fax/: (852) 2501 0171 www.investec.com (1) PS HONG KONG LIMITED (2) (3). Perfect Mark Perfect Mark 66

Perfect Mark Perfect Mark 100%14 28.9%13.3% 50.0% 14A.13(1) (a) Perfect Mark Perfect Mark 14.2214A.25 67

100,000,000 500,000,0004,000,000,000 1,900,000,000 1,900,000,000 (i)(ii). (i) (ii) 68

... 69

(i)(ii) 1,569,738 2,273,288 1,567,807 235,039 550,388 150,913 299,532 344,404 606,343 313,101 574,086 543,140 20,312 105,657 32,101 2,437,722 3,847,823 2,900,304 86,026 157,403 119,054 71,111 136,346 109,107 14,915 21,057 9,947 2,437,700,00086,000,000 37.9%102.3% 1,569,700,000 64.4% 77.4% 70

3,847,800,000157,400,00032.7%32.2% 2,273,300,000 59.1% 84.5% 101,800,000 20.5% 2,800,000 102,600,00035.6 4.1% 71

. 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 72

. 43,200,000 26,100,000 24,000,000 1,173,000,000,000 2010 1,604,300,000,00030.5% 346,600,000,00031.3% 13,000 102 73

1,804,1652,706 3,000,000 3,000,0002,000,000 1,000,000 4070. 74

10,000,000 GDP943,500,000,000 14.0% 877,600,000,000 32.1%70,700,000,00011.4% 11,500 5,500 3,666,666.315,500 14 2,000,0001,300,000700,000. (i)(ii) (iii)(iv) (v) 51.5%47.5% (i) (ii) 75

(2010) 701,043,500,000 10.1%52,47818.3% 68,000,00026.5%3,060 41.1% 24,700,0008.3%776 28.8% 2,273,300,000 59.1% 76

. (i) (ii) 1,828,000,000Perfect Mark Perfect Mark (a) 350,000,000 (b) 500,000,000 (c) 218,790,000 1.53 143,000,000 (d) 759,210,000 Perfect Mark (i) (ii) 1,420,000,000Perfect Mark 77

Perfect Mark (a) 800,000,000 (b) 620,000,000 1.53 A =1,578,000,000 B C A = Perfect Mark B = 1,578,000,000 C = 1.20 (i) (ii) 19,500,000Perfect Mark Perfect Mark (iii) 78

. 1,828,000,000 1,420,000,000 19,500,000 Perfect Mark (a) 2,030,000,000(b) (c) 12.5% Perfect Mark 290,000,000 Perfect Mark (a) 1,578,000,000(b) (c) 14.4% 79

Perfect Mark 195,000,000 19,500,000Perfect Mark 12,000,000 80

(i)(ii) (iii) (iv)(v) 22.5 (i) 2,030,000,0001,578,000,000 (ii) 12.5% 81

2,088,000,000 (i) 2,030,000,0002,436,000,000(ii) (iii) (aa)(bb)(cc) (iii) 14.4% 1,659,600,000 (i) 1,578,000,000 1,893,600,000(ii) (iii) (aa)(bb) (cc) (iv) 4,699,752 10,557,051 12,038,075 82

(ii) 2,088,000,0004,699,752 2,083,300,000 1,828,000,00019,500,000 1,847,500,000 11.3% 3,267,500,000 3,742,900,00012.7% (i) / 83

50% () 2,612,000,000 7.0 (2777)1 3,134,000,000 150,000,000 10.875 1,170,000,000) 8.94 7.0 10.875 4.0 1. 500,000,000 84

(ii) 1.53 21.1% 900,000,000 6.7% 1.53 (a) 1.572.5% (b) 1.51 1.3% (c) 1.53 (d) 0.8775.9% (e) 1.0348.5% (f) 1.2225.4% 85

28/07/2010 02/08/2010 01/09/2010 04/10/2010 01/11/2010 01/12/2010 03/01/2011 01/02/2011 01/03/2011 01/04/2011 03/05/2011 01/06/2011 04/07/2011 01/08/2011 01/09/2011 0.851.97 1.411.53 1.071.34 1,570,000 86

1.28 1.971,330,000 5,340,000 B1Caa1 1.581.33 1.66 1.66 1.48 1.380.87 1.53 (c) 759,210,000 1.53 496,200,000 73.2% 900,000,000 18.9% 87

1.53 (A) 1.572.5% (B) 1.51 1.3% (C) 1.53 (D) 0.8775.9% (E) 1.0348.5% (F) 1.2225.4% 88

1.07 1.14 1.14 1.19 1.18 1.26 1.75 1.77 1.83 1.71 1.61 1.45 1 1.56 2 1.38 1.17 3 1.08 1.41 (1) (2) (3) 1.071.83 1.07 1.831.45 1.570.87 1.418.5% 89

(i) 50%(ii) 50% (iii) (%) (%) (2330) 392 1,063 230 3 2.20 759 7.0 2.20% 90

(a) 1.0348.5%(b) 1.53 (i)0.87 1.53(ii) 14.4% 91

10.. (i) (a) 0.1%3,847,800,0003,850,800,000 (b)48.6% 136,300,00070,100,000 350,000,00026,000,000 6,800,00041,000,00012,500,000 (a) 0.1%3,847,800,000 3,850,800,000(b)43.9%136,300,000 76,500,000 6,500,000 92

, (a)(b) (c) (ii) (a) (b) 1.221.5320% (iii) 731,600,000 1,828,000,000350,000,000 1,420,000,000800,000,000 93

. 100,000,0001,000,000,000677,499,662 100,000,000500,000,0004,000,000,000 (i) (ii) (iii) (iv). 20%135,499,932 677,499,662 12 94

(i) 1,900,000,000 280.4% (ii) 20% (a) (b) (A) (B) (C) 1,900,000,000 2,900,000,000 (a)800,000,000(b)500,000,000 (c)1,100,000,000(d) 400,000,000(e) 95

(a)1,900,000,000 (b) (c) (d). (i) (ii). (a) 2,030,000,0001,578,000,000 (b) 12.5% 14.4% (c) (d) 11.3% 96

(iii) (a) (b) * 97

1. 63136 http://www.hkexnews.hk http://www.hkexnews.hk/listedco/listconews/sehk/20110421/ltn20110421257_c.pdf 78153 http://www.hkexnews.hk http://www.hkexnews.hk/listedco/listconews/sehk/20100428/ltn20100428813_c.pdf 78153 2. 1333 http://www.hkexnews.hk 3. http://www.hkexnews.hk/listedco/listconews/sehk/20110908/ltn20110908227_c.pdf 478,400,000 287,400,0005,000,000 267,000,000 I 1

4. 5. 114,365 65,592 179,957 159,314 207,625 366,939 15,731 20,136 16,810 52,677 145,073 194,458 157,937 497,468 273,679 273,217 546,896 160,804 214,594 174,747 550,145 1,889,104 1,343,455 2,436,000 1,893,600 I 2

6. 1,836,700,000 231,800,0002,494,700,000 218,500,000 166,600,000 30,400,000126,900,000 21,600,00022,400,000 26,200,000 104,500,000 5,200,000 5,800,000121,000,000 6,700,000 123,900,000 (1) 1,441,000,0001,973,400,000 98,100,000 80,600,000 5,300,000 (a)863 865 (b)2 3B BC(c) I 3

(2) 184,100,000 467,000,000 11,000,00022,000,000 (a)3a (b)529 (c)352385 (3) 45,000,000 54,300,00097% 20,700,00046% 354% 3100% 10,300,00022,100,000 I 4

(4) 66.4% 96.0%499,000,000 228,700,000 50.9% 166,600,000 1.52864.0%0.55 36 73,900,000 4,700,000 67,800,000 (5) 200,000 I 5

1,743,500,000 (a)863-865(b) 23BB C(c) 1,961,900,000 244,400,000(a) 3A(b)529 (c) 352385 1,598,500,0001,380,000,000 1 14,200,000 204,300,000Union Square 6,333,200,00010.6% 4,331.5 1,961.9 (1,380.0) 4,913.4 203.5 (1.3) (14.2) 188.0 1,191.7 244.4 (204.3) 1,231.8 5,726.7 2,205.0 (1,598.5) 6,333.2 I 6

3.7 0.1 835.0 13.2 5,494.5 86.7 6,333.2 100.0 1,441,000,0005,101,400,000 6.8% 863-865 883.0 23B BC 835.0 16.1 1,259.6 39.3 1 15.0 14.2 I 7

184,100,0001,231,800,000 6.0% 3A 131.4 529 61.2 352385 23.5 141.3 Union Square 49.0 363,400,000 1,654.3 1,654.3 MBH 1,649.0 (5.0) 1,644.0 3,211.1 368.4 3,579.5 6,514.4 363.4 6,877.8 I 8

(1) 20 23728,500,000 20,300,000 (2) 3 77,000 100%100%67,000,000 (3) 18,215196,000 42% 41,400102 50% 50%36,300,000 20,500,000 (4) 107,000 144,200,000 41.3% 220,000,000 3.1%188,800,000 372,000,000 1.01.2 685,800,000648,900,0005.7% 98%90% I 9

160,000 60,000 220,000 (i) 10,000 60,000 (ii) 60,000 (iii) 90,000 220,000 3.1% 78,133 77,568 i 595,699 509,457 673,832 587,025 41,719 673,832 628,744 ii 3,889 6,938 677,721 635,682 I 10

457,278 307,803 1,695 155,740 135,571 120,717 68,678 38,675 9,066 9,726 5,433 3,021 677,721 635,682 (i) (ii) 1.7%73,900,000 19.0% I 11

17,900,00016,400,000 150,000,000 338,372,00066.4% 160,600,00029.6% 96.0% 228,698,000 50.9% 1.52864.0%0.55 36 73,865,000 166,621,00069,713,00050.9% 2,020,660,000 8,900,000 5,9344,697 I 12

113114 11 623,538 600,804 (3,018) (1,264) 39,342 3,368 2,932 20,299 18,065 21,604 11,438 704,697 632,411 (613,995) (550,539) 90,702 81,872 I 13

2,900,000,000 1,837,000,000362,000,000 232,000,000 205,000,000 127,000,00067,000,000 10,000,000 33,000,000 15,000,0003,400,000 74,000,000 11,000,000 1,900,000 2.56,300,000 119,000,000 6,000,000109,000,000 7,000,000 (1) 1,700,000,000 1,400,000,000 82,000,00021% I 14

(a)5a5b66a7 7A9A-9H(b)(c) (d)54(e)50-59 1B (a) 188 (b)(c) (a)(b) (c)(d) (2) 606,000,000184,000,000 37,000,00012,000,000 (a) (b)182 (c)5 7(d) I 15

(3) 543,000,000 167,000,000 3674,000,000 14,000,00016,000,000 35729% 11649,621 2,000,000 42,000 (4) 32,000,000 45,000,000 3 3100% 21,000,00011,000,000 11,000,000 I 16

(a) 1,200,000,000617,000,000 966,000,000 * 5A5B66A77A 9A-9H 50-59* 53254 Atrium 88 * I 17

(b) 362,000,000127,000,000 151,000,000 188 11073 (c) 334,000,000 45,000,000118,000,000 I 18

(d) 16,000,000 484,000,000 (e) 479,000,000 626,000,000606,000,000 * 102242 182A2 3A * * I 19

7,393,000,000 16.7% 2,355 1,197 (617) 2,935 188 362 (127) 423 58 334 (45) 347 2,500 119 (16) 2,603 1,232 479 (626) 1,085 6,333 2,491 (1,431) 7,393 40% 1B 2,868,000,00020% 6,878 1,872 2,868 1,153 (3,537) (707) 6,209 2,318 2,491 2,491 2,868 1,153 5,359 3,644 I 20

1,630 16.8 1,994 20.5 6,087 62.7 9,711 100.0 (1) 18 21926,000,000 19,000,000 (2) 3 77,000 100%100%64,000,000 (3) 18,215196,000 42% 41,400102 50% 50% 38,000,00019,000,000 (4) 107,000 136,000,000 I 21

31%41% 30,000,000 190,000,000220,000,000 90,000,000150,000,000 3.2% 203,000,000 189,000,000 1.01.0 711,000,000678,000,000 150,000 160,000 40,000 60,000 190,000 220,000 (i) 10,000 40,000 60,000 60,000 (ii) 90,000 60,000 (iii) 90,000 190,000 220,000 3.2%3.1% I 22

124,275 78,133 i 584,491 595,699 708,766 673,832 ii 2,147 3,889 710,913 677,721 558,678 457,278 1,576 1,695 111,919 135,571 18,289 68,678 18,312 9,066 2,139 5,433 710,913 677,721 (i) (ii) I 23

24.3% 74,000,0001.7% 2,200,000 2 150,000,000 I 24

6,3935,280 784,432 623,538 (2,858) (3,018) 17,518 39,342 539 2,932 29,027 20,299 7,492 21,604 836,150 704,697 (692,254) (613,995) 143,896 90,702 I 25

113114 10 4,258,000,000 3,482,000,000445,000,000 368,000,00022.3%20.9% 8,100,000,0003,600,000,000 10,000,000,000 5,600,000,000 I 26

136,000,000109,000,00020.3 16.324.8%24.5% (i) 2,588,300,0002,054,200,000 128,400,00086,100,000 a) 4,100,000,000 2,300,000,000 4C 3-3-4 863-865 28 b) I 27

c) d) (ii) 810B Laing O Rourke Construction Hong Kong Limited 2,100,000,000400,000,000 645,200,000246,700,0001.6 7,400,000 1,200,0006,400,000 I 28

(iii) 344,400,000606,300,000 12,100,00037,300,000 (iv) 5.7% 574,100,000543,100,000 9,000,000 15,600,000 I 29

(v) 45,000,00020,400,000 3100% 100,000,000Pacific Star Land Limited 300,000,000Pacific Star Land LimitedPacific Star China Pte. Ltd. Pacific Star China Pte. Ltd. 100,000,000 (i) (a) 4,100,000,000 4C * * * * (b) 600,000,000 # # (c) I 30

(ii) 2,100,000,000 (30%) (22.5%) (iii) 700,000,000 * 3 # # # * # I 31

4,106.2 1,196.7 4,655.9 2,156.1 641.6 334.0 476.9 265.2 566.5 119.4 843.7 842.3 5,314.3 1,650.1 5,976.5 3,263.6 881.9 361.5 833.0 485.6 687.6 478.8 929.5 553.0 6,883.8 2,490.4 7,739.0 4,302.2 2,868.0 2,678.0 3,219.5 5,011.5 4,752.4 128.0 5,011.5 2,868.0 7,430.4 3,347.5 1,152.8 1,071.2 1,320.1 1,254.4 1,176.7 25.6 1,254.4 1,152.8 2,247.9 1,345.7 11,895.3 5,358.4 15,169.4 7,649.7 8,138.2 3,643.2 9,986.9 5,647.9 I 32

3,255.5 32.6 2,095.9 21.0 4,635.5 46.4 9,986.9 100.0 (1) 58161 18,200,00014,900,000 (2) 3 77,000 100%100%56,500,000 (3) 18,215196,000 42% 121,800,000 (4) 107,000 16 269,000,000 (5) Pacific Star 100,000,000Pacific Star Land Limited 300,000,000Pacific Star Land LimitedPacific Star China Pte. Ltd.Pacific Star China Pte. Ltd. 100,000,000 I 33

53%31% 430,000,000190,000,000 70%47% 647,000,000711,000,000 2,009,000,0001,028,000,000 $792 $430 $362 $1,182 $570 $612 $35 $25 $10 130,000,000 113,000,0001.11.1 5 427,000,000 1.3 I 34

90,000 150,000 340,000 40,000 430,000 190,000 40,000 40,000 40,000 40,000 90,000 60,000 2,353 92,353 60,000 (i) 90,000 19,743 (ii) 277,904 297,647 90,000 430,000 190,000 (a) (b) (c) 2.9%3.2% I 35

147,354 124,275 i 499,664 584,491 647,018 708,766 ii 291 2,147 647,309 710,913 458,852 558,678 1,924 1,576 132,282 111,919 35,689 18,289 14,848 18,312 3,714 2,139 647,309 710,913 (i) (ii) I 36

400,000 1 90,000,000 7,4855,749 921,289 784,432 4,125 (2,858) 1,308 17,518 691 539 36,798 29,027 5,154 7,492 969,365 836,150 (790,423) (692,254) 178,942 143,896 I 37

I 38

11,200,000,00010,000,000,000 1.75 3.3 2.1 11.2 10.0 3,000,000,000 2,000,000,000 86.0 42.5 35.2 102% 144% 71.1 42.2 29.9 68% 138% 10.5 6.3 4.5 67% 133% I 39

* 2,315.2 1,820.1 27% 333.4 289.3 15% * 168.2 130.1 29% 76.1 57.5 32% 7.3% 7.1% 22.8% 19.9% * 27%29% 15%32% 3100% I 40

53%30%18% 5.4% 5.8% 0.4% 2,681 1,036 7,206 5,977 437 485 1,044 833 102 113 750 929 3,220 1,634 9,000 7,739 1,048 1,071 515 1,050 1,177 78 75 78 515 2,173 2,248 3,298 2,149 11,173 9,987 I 41

3,158 28.3 1,854 16.6 6,161 55.1 11,173 100.0 984,000,000 444,000,000 735.5 647.3 495.0 430.0 240.5 217.3 529.1 427.4 52% 53% 1.1 1.1 1.4 1.3 961,000,000 466,000,000 I 42

90,000 495,000 340,000 495,000 430,000 195,000 40,000 11,061 92,353 (i) 28,395 19,743 (ii) 260,544 277,904 288,939 297,647 495,000 430,000 961,000 792,000 I 43

60,000,000 8,086 7,485 7. 11,000,000,000 I 44

I 45

Rosy China Investments Limited Hsin Chong Construction Group Ltd.* IIII II19 II1(b) * IIA 1

II2 3.340 IIA 2

I II2 (A) 7 (16,866) (8,950) 8 (2,656,714) (445,902) (2,673,580) (454,852) (2,261) (4,838) (2,261) (4,838) (2,675,841) (459,690) IIA 3

(B) 11 114,364,759 12 159,313,534 54,670,306 2,298 273,680,591 54,670,306 15 8 8 15 (7) (7) (7,099) (4,838) (3,128,432) (454,852) (3,135,530) (459,689) 4,455,988 4,571 13 23,613 55,125,424 14 272,336,520 276,816,121 55,129,995 273,680,591 54,670,306 (3,135,530) (459,689) (3,135,530) (459,689) IIA 4

(D) 15 8 (7) 1 (454,852) (454,852) (4,838) (4,838) (4,838) (454,852) (459,690) 8 (7) (4,838) (454,852) (459,689) (2,673,580) (2,673,580) (2,261) (2,261) (2,261) (2,673,580) (2,675,841) 8 (7) (7,099) (3,128,432) (3,135,530) (E) (2,673,580) (454,852) 2,656,714 445,902 (16,866) (8,950) 4,500 19,164 4,449 2,298 (1) 1 1 2,298 2,298 IIA 6

II 1 (a) P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands 19 (b) (i) Outlet (China) LimitedOutlet China Outlet China Outlet China Outlet China (ii) Outlet China 2 1(b)(i) IIA 7

3 (a) 5 3,135,530 1 27 9 10 12 13 IIA 8

(b) (i) 2 (ii) IIA 9

(iii) (c) (d) (e) (f) (g) IIA 10

(h) (i) (i) (ii) (iii) (i) IIA 11

(ii) (iii) (j) (k) 4 (a) (i) IIA 12

(ii) 3(a) (b) (c) 5 (a) IIA 13

(b) 6 7 4,500 9,937 6,929 4,450 16,866 8,950 8 2,656,714 445,902 IIA 14

9 10 (2,673,580) (454,852) 16.5%16.5% (441,141) (75,051) 441,141 75,051 11 114,364,759 12 159,313,534 54,670,306 IIA 15

13 6.941% 14 6.941% Outlet China 15 (a) 10,0001 50,0001 390,000 8 8 10,0001 Outlet China Outlet China1(b) 50,0001 Outlet China (b) 8 (7) 8 (7) IIA 16

7 (c) 8 (8) 8 (8) 1(b)Outlet China 16 14 17 1(b) Outlet China 18 89131416 IIA 17

19 1(b)Outlet China 1 1.0 100% 100% 25,000,000 25,000,000 III Hsin Chong Construction Group Ltd.* * IIA 18

Sorano Investments Limited Hsin Chong Construction Group Ltd.* IIII II19 II1(b) * IIB 1

II2 3.340 IIB 2

I II2 (A) 7 (16,866) (8,950) 8 (2,089,668) (251,350) (2,106,534) (260,300) (1,224) (2,778) (1,224) (2,778) (2,107,758) (263,078) IIB 3

(B) 11 65,592,353 12 207,625,393 31,355,411 2,298 273,220,044 31,355,411 15 8 8 15 (7) (7) (4,002) (2,778) (2,366,834) (260,300) (2,370,835) (263,077) 2,557,590 4,571 13 23,613 31,613,917 14 273,009,676 275,590,879 31,618,488 273,220,044 31,355,411 (2,370,835) (263,077) (2,370,835) (263,077) IIB 4

(D) 15 8 (7) 1 (260,300) (260,300) (2,778) (2,778) (2,778) (260,300) (263,078) 8 (7) (2,778) (260,300) (263,077) (2,106,534) (2,106,534) (1,224) (1,224) (1,224) (2,106,534) (2,107,758) 8 (7) (4,002) (2,366,834) (2,370,835) (E) (2,106,534) (260,300) 2,089,668 251,350 (16,866) (8,950) 4,500 19,164 4,449 2,298 (1) 1 1 2,298 2,298 IIB 6

3 (a) 5 2,370,835 1 27 9 10 12 13 IIB 8

(b) (i) 2 (ii) IIB 9

(iii) (c) (d) (e) (f) (g) IIB 10

(h) (i) (i) (ii) (iii) (i) IIB 11

(ii) (iii) (j) (k) 4 (a) (i) IIB 12

(ii) 3(a) (b) (c) 5 (a) IIB 13

(b) 6 7 4,500 9,937 6,929 4,450 16,866 8,950 8 2,089,668 251,350 IIB 14

9 10 (2,106,534) (260,300) 16.5%16.5% (347,578) (42,950) 347,578 42,950 11 65,592,353 12 207,625,393 31,355,411 IIB 15

13 6.941% 14 6.941% Outlet China 15 (a) 10,0001 50,0001 390,000 8 8 10,0001 Outlet China Outlet China1(b) 50,0001 Outlet China (b) 8 (7) 8 (7) IIB 16

7 (c) 8 (8) 8 (8) 1(b)Outlet China 16 14 17 1(b) Outlet China 18 89131416 IIB 17

19 1(b)Outlet China 1 1.0 100% 100% 25,000,000 25,000,000 III Hsin Chong Construction Group Ltd.* * IIB 18

Best Elect Investments Limited Hsin Chong Construction Group Ltd.* I III II20 II1(b) * IIC 1

II2 3.340 IIC 2

I II2 (A) 7 (14,720) (11,330) 8 (199,593) (40,987) (214,313) (52,317) (218) (434) (218) (434) (214,531) (52,751) IIC 3

(B) 11 15,731,121 4,430,608 12 5,978,190 4,073 4,520 15,735,194 10,413,318 15 8 8 15 (7) (7) (652) (434) (266,630) (52,317) (267,281) (52,750) 6,926,373 1,712,368 13 25,623 8,753,700 14 9,050,479 16,002,475 10,466,068 15,735,194 10,413,318 (267,281) (52,750) (267,281) (52,750) IIC 4

(D) 15 8 (7) 1 (52,317) (52,317) (434) (434) (434) (52,317) (52,751) 8 (7) (434) (52,317) (52,750) (214,313) (214,313) (218) (218) (218) (214,313) (214,531) 8 (7) (652) (266,630) (267,281) (E) (214,313) (52,317) 199,593 40,987 (14,720) (11,330) 4,500 14,273 11,349 (447) 4,519 1 1 (447) 4,520 4,520 4,073 4,520 IIC 6

II 1 (a) P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands 20 (b) (i) Outlet (China) LimitedOutlet China Outlet China Outlet China Outlet China (ii) Outlet China 2 1(b)(i) IIC 7

3 (a) 5 267,281 1 27 9 10 12 13 IIC 8

(b) (i) 2 (ii) IIC 9

(iii) (c) (d) (e) (f) (g) IIC 10

(h) (i) (ii) (iii) (i) (ii) (iii) IIC 11

(i) (j) 4 (a) (i) (ii) 3(a) IIC 12

(b) (c) 5 IIC 13

6 7 4,500 8,246 1,900 6,474 4,930 14,720 11,330 8 199,593 40,987 9 10 IIC 14

(214,313) (52,317) 16.5%16.5% (35,362) (8,632) 35,262 8,632 11 12 13 6.941% 14 6.941% Outlet China IIC 15

15 (a) 10,0001 50,0001 390,000 8 8 10,0001 Outlet China Outlet China1(b) 50,0001 Outlet China (b) 8 (7) 8 (7) 7 IIC 16

20 1(b)Outlet China 1 1.0 100% 100% 25,000,000 III Hsin Chong Construction Group Ltd.* * IIC 18

Market Elite Investments Limited Hsin Chong Construction Group Ltd.* I III II20 II1(b) * IID 1

II2 3.340 IID 2

I II2 (A) 7 (14,721) (11,330) 8 (247,115) (24,949) (261,836) (36,279) (132) (264) (132) (264) (261,968) (36,543) IID 3

(B) 11 20,135,906 3,244,796 12 9,115,260 4,073 4,520 20,139,979 12,364,576 15 8 8 15 (7) (7) (396) (264) (298,115) (36,279) (298,510) (36,542) 9,242,411 1,591,976 13 25,623 10,809,142 14 11,170,455 20,438,489 12,401,118 20,139,979 12,364,576 (298,510) (36,542) (298,510) (36,542) IID 4

(D) 15 8 (7) 1 (36,279) (36,279) (264) (264) (264) (36,279) (36,543) 8 (7) (264) (36,279) (36,542) (261,836) (261,836) (132) (132) (132) (261,836) (261,968) 8 (7) (396) (298,115) (298,510) (E) (261,836) (36,279) 247,115 24,949 (14,721) (11,330) 4,500 14,274 11,349 (447) 4,519 1 1 (447) 4,520 4,520 4,073 4,520 IID 6

2 1(b)(i) 3 (a) 5 298,510 IID 8

1 27 9 10 12 13 (b) (i) 2 IID 9

(ii) (iii) (c) IID 10

(d) (e) (f) (g) (h) (i) IID 11

(ii) (iii) (i) (ii) (iii) (i) IID 12

(j) 4 (a) (i) (ii) 3(a) (b) (c) IID 13

5 6 7 4,500 8,246 1,900 6,475 4,930 14,721 11,330 IID 14

8 247,115 24,949 9 10 (261,836) (36,279) 16.5%16.5% (43,203) (5,986) 43,203 5,986 11 IID 15

12 13 6.941% 14 6.941% Outlet China 15 (a) 10,0001 50,0001 390,000 8 8 10,0001 Outlet China Outlet China1(b) 50,0001 Outlet China (b) 8 (7) 8 (7) IID 16

7 (c) 8 (8) 8 (8) 1(b)Outlet China 16 14 17 194,457,900 33,619,920 18 1(b) Outlet China IID 17

19 89131416 20 1(b)Outlet China 1 1.0 100% 100% 25,000,000 III Hsin Chong Construction Group Ltd.* * IID 18

Noble Empire Investments Limited Hsin Chong Construction Group Ltd.* I III II20 II1(b) * IIE 1

II2 3.340 IIE 2

I II2 (A) 7 (14,721) (11,330) 8 (210,455) (23,167) (225,176) (34,497) (123) (245) (123) (245) (225,299) (34,742) IIE 3

(B) 11 16,809,840 2,530,846 12 7,635,510 4,073 4,520 16,813,913 10,170,876 15 8 8 15 (7) (7) (368) (245) (259,673) (34,497) (260,040) (34,741) 7,526,669 996,406 13 25,623 9,209,211 14 9,521,661 17,073,953 10,205,617 16,813,913 10,170,876 (260,040) (34,741) (260,040) (34,741) IIE 4

(D) 15 8 (7) 1 (34,497) (34,497) (245) (245) (245) (34,497) (34,742) 8 (7) (245) (34,497) (34,741) (225,176) (225,176) (123) (123) (123) (225,176) (225,299) 8 (7) (368) (259,673) (260,040) (E) (225,176) (34,497) 210,455 23,167 (14,721) (11,330) 4,500 14,274 11,349 (447) 4,519 1 1 (447) 4,520 4,520 4,073 4,520 IIE 6

3 (a) 5 260,040 1 27 9 10 12 13 IIE 8

(b) (i) 2 (ii) IIE 9

(iii) (c) (d) (e) (f) (g) IIE 10

(h) (i) (ii) (iii) (i) (ii) (iii) IIE 11

(i) (j) 4 (a) (i) (ii) 3(a) IIE 12

(b) (c) 5 6 IIE 13

7 4,500 8,246 1,900 6,475 4,930 14,721 11,330 8 210,455 23,167 9 10 IIE 14

(225,176) (34,497) 16.5%16.5% (37,154) (5,692) 37,154 5,692 11 12 13 6.941% 14 6.941% Outlet China IIE 15

15 (a) 10,0001 50,0001 390,000 8 8 10,0001 Outlet China Outlet China1(b) 50,0001 Outlet China (b) 8 (7) 8 (7) 7 IIE 16

20 1(b)Outlet China 1 1.0 100% 100% 25,000,000 III Hsin Chong Construction Group Ltd.* * IIE 18

PS Hong Kong Limited Hsin Chong Construction Group Ltd.* IIII II23 * IIF 1

3.340 III II2 2410 II2 IIF 2

I (A) 6 3,000,180 1,221,055 7 (2,780,194) (10,557,051) (15,038,255) (4,431,433) (3,882,347) 8 (330) (2,780,194) (10,557,051) (12,038,075) (4,431,433) (2,661,622) 10 (259,461) (2,780,194) (10,557,051) (12,038,075) (4,431,433) (2,921,083) 3,600 3,600 (2,780,194) (10,557,051) (12,038,075) (4,431,433) (2,917,483) IIF 3

(B) 11 957,921 644,350 558,767 12 40,579 558,693 463,960 1,097,931 21 2,542 10,023 13 55,893 90,385 1,012,476 3,114,051 99,014 649,078 1,476,436 4,222,005 99,014 1,606,999 2,120,786 4,780,772 16 8 8 19,467,044 19,467,044 17 4,165,408 4,165,408 3,600 (2,819,595) (13,376,646) (25,414,721) (28,335,804) (2,819,587) (13,376,638) (1,782,269) (4,699,752) 14 189,376 90,354 2,672,653 1,084,923 21 1,875,985 21 7,921 15,921 21 6,835,575 21 2,680,485 7,978,964 21 40,819 62,823 21 1,085,608 4,260,155 15 2,000,000 259,461 2,918,601 14,983,637 3,758,261 9,480,524 14 144,794 2,918,601 14,983,637 3,903,055 9,480,524 99,014 1,606,999 2,120,786 4,780,772 (2,819,587) (14,334,559) (2,281,825) (5,258,519) (2,819,587) (13,376,638) (1,637,475) (4,699,752) IIF 4

(C) 23 11 957,921 644,350 548,127 957,921 644,350 548,127 12 40,579 558,693 463,960 622,771 21 2,542 10,023 13 55,893 90,385 1,012,476 2,383,751 99,014 649,078 1,476,436 3,016,545 99,014 1,606,999 2,120,786 3,564,672 16 8 8 19,467,044 19,467,044 17 4,165,408 4,165,408 20 (2,819,595) (13,376,646) (25,414,721) (29,114,189) (2,819,587) (13,376,638) (1,782,269) (5,481,737) 14 189,376 90,354 2,672,653 910,269 21 1,875,985 21 7,921 15,921 21 6,835,575 21 2,680,485 7,978,964 21 40,819 62,823 21 1,085,608 4,260,155 15 2,000,000 2,918,601 14,983,637 3,758,261 9,046,409 14 144,794 2,918,601 14,983,637 3,903,055 9,046,409 99,014 1,606,999 2,120,786 3,564,672 (2,819,587) (14,344,559) (2,281,825) (6,029,864) (2,819,587) (13,376,638) (1,637,475) (5,481,737) IIF 5

(D) 8 (39,401) (39,393) (2,780,194) (2,780,194) 8 (2,819,595) (2,819,587) 8 (2,819,595) (2,819,587) (10,557,051) (10,557,051) 8 (13,376,646) (13,376,638) 8 (13,376,646) (13,376,638) (12,038,075) (12,038,075) 4,165,408 4,165,408 19,467,036 19,467,036 19,467,044 4,165,408 (25,414,721) (1,782,269) 19,467,044 4,165,408 (25,414,721) (1,782,269) (2,921,083) (2,921,083) 3,600 3,600 3,600 (2,921,083) (2,917,483) 19,467,044 4,165,408 3,600 (28,335,804) (4,699,752) 8 (13,376,646) (13,376,638) (4,431,433) (4,431,433) 8 (17,808,079) (17,808,071) IIF 6

(E) (2,780,194) (10,557,051) (12,038,075) (4,431,433) (2,661,622) 330 244,141 428,256 139,913 154,855 (2,780,194) (10,312,910) (11,609,819) (4,291,520) (2,506,437) (40,579) (518,114) 94,733 (138,896) (633,971) (2,542) 2,542 (88,060) (10,023) 176,370 (99,022) 2,727,093 611,995 (1,732,524) (2,646,945) (10,927,504) (8,787,993) (3,906,481) (4,882,955) (1,202,062) (114,685) (69,272) (1,202,062) (114,685) (69,272) 2,000,000 1,875,985 7,921 8,000 (15,921) (15,921) (26,387) 6,835,575 (6,835,575) 3,663,329 2,680,485 5,298,479 15,653,480 18,447 40,819 22,004 (62,823) 226,905 1,085,608 3,174,547 (330) 2,702,838 12,164,058 9,824,769 3,892,760 7,050,202 3,600 55,893 34,492 922,091 (13,721) 2,101,575 55,893 90,385 90,385 1,012,476 55,893 90,385 1,012,476 76,664 3,114,051 55,893 90,385 1,012,476 76,664 3,114,051 IIF 7

II 1 252803-2804 23 Pacific Star Holdings Pte. Ltd. PSHPSH Pinnacle State Group Limited Pacific Star China Pte. Ltd.PSH 2 (a) 5 5,258,519 4,699,752 IIF 8

(i) (ii) 1 27 9 10 12 13 (b) (i) IIF 9

(ii) (c) (d) IIF 10

35% 33% (e) (f) (g) (h) IIF 11

(i) (i) (ii) (iii) (a) (b) (c) IIF 12

(j) (k) 3 (a) (i) (a) (b) IIF 13

(ii) (iii) 2(a) 144,794 (b) 1,875,985 7,921 15,921 6,835,575 2,680,485 7,978,964 40,819 62,823 1,085,608 4,260,155 2,000,000 2,729,225 14,893,283 1,085,608 8,136,140 IIF 14

7 21,222 14,403 20,909 5,279 6,667 244,141 428,256 139,913 154,855 2,313,540 7,879,456 9,774,876 3,404,336 2,529,472 4,141 25,732 960 2,106 114,212 911,568 1,455,600 572,024 473,390 234,910 1,075,002 1,872,310 187,320 321,608 96,310 428,340 1,460,572 121,601 394,249 2,780,194 10,557,051 15,038,255 4,431,433 3,882,347 8 330 9 2,241,436 6,924,539 5,945,941 1,961,643 746,668 2,241,436 6,924,539 5,945,941 1,961,643 746,668 IIF 16

10 259,461 259,461 (2,780,194) (10,557,051) (12,038,075) (4,431,433) (2,661,622) 16.5% (458,732) (1,741,913) (1,986,282) (731,186) (439,168) 458,732 1,775,596 710,640 593,853 88,217 1,942,175 (33,683) 44,107 20,546 16,559 259,461 IIF 17

11,770,758 1,942,175 26,98310,424 33,683 11 (a) 771,921 170,497 184,236 75,408 1,202,062 771,921 170,497 184,236 75,408 1,202,062 158,554 35,033 36,674 13,880 244,141 158,554 35,033 36,674 13,880 244,141 613,367 135,464 147,562 61,528 957,921 IIF 18

771,921 170,497 184,236 75,408 1,202,062 114,685 114,685 771,921 170,497 298,921 75,408 1,316,747 158,554 35,033 36,674 13,880 244,141 272,673 60,245 70,163 25,175 428,256 431,227 95,278 106,837 39,055 672,397 340,694 75,219 192,084 36,353 644,350 771,921 170,497 298,921 75,408 1,316,747 49,132 9,500 10,640 69,272 771,921 219,629 308,421 86,048 1,386,019 431,227 95,278 106,837 39,055 672,397 90,784 21,423 34,269 8,379 154,855 522,011 116,701 141,106 47,434 827,252 249,910 102,928 167,315 38,614 558,767 IIF 19

771,921 170,497 184,236 75,408 1,202,062 771,921 170,497 184,236 75,408 1,202,062 158,554 35,033 36,674 13,880 244,141 90,891 20,082 20,548 8,392 139,913 249,445 55,115 57,222 22,272 384,054 522,476 115,382 127,014 53,136 818,008 (b) 771,921 170,497 184,236 75,408 1,202,062 771,921 170,497 184,236 75,408 1,202,062 158,554 35,033 36,674 13,880 244,141 158,554 35,033 36,674 13,880 244,141 613,367 135,464 147,562 61,528 957,921 IIF 20

771,921 170,497 184,236 75,408 1,202,062 114,685 114,685 771,921 170,497 298,921 75,408 1,316,747 158,554 35,033 36,674 13,880 244,141 272,673 60,245 70,163 25,175 428,256 431,227 95,278 106,837 39,055 672,397 340,694 75,219 192,084 36,353 644,350 771,921 170,497 298,921 75,408 1,316,747 49,132 9,500 58,632 771,921 219,629 308,421 75,408 1,375,379 431,227 95,278 106,837 39,055 672,397 90,784 21,423 34,269 8,379 154,855 522,011 116,701 141,106 47,434 827,252 249,910 102,928 167,315 27,974 548,127 IIF 21

771,921 170,497 184,236 75,408 1,202,062 771,921 170,497 184,236 75,408 1,202,062 158,554 35,033 36,674 13,880 244,141 90,891 20,082 20,548 8,392 139,913 249,445 55,115 57,222 22,272 384,054 522,476 115,382 127,014 53,136 818,008 12 475,160 28,311 417,882 419,404 414,132 414,132 12,268 140,811 44,556 208,639 208,639 40,579 558,693 463,960 1,097,931 622,771 (i) (ii) IIF 22

(iii) 475,160 475,160 13 (a) 55,893 90,385 1,012,476 2,383,751 730,300 55,893 90,385 1,012,476 3,114,051 (b) 14 189,376 90,354 2,817,447 1,084,923 910,269 144,794 189,376 90,354 2,672,653 1,084,923 910,269 420,9742,279,883 IIF 23

15 2,000,000 1.75 20,000,000 16 3,000,000 1,000 1 7,808 7,808 23,340,000 23,340,000 1 1 8 1 8 2,502,190 19,467,036 2,502,191 19,467,044 2,502,191 19,467,044 1,000 3,000,0002,999,0001 2,502,190 1 IIF 24

17 Pacific Star China Pte. Ltd.4,165,408 18 28,500 1,420,171 1,420,171 1,262,374 1,735,765 315,594 28,500 3,155,936 1,735,765 1,262,374 19 3,699,468 20 (39,401) (2,819,595) (13,376,646) (25,414,721) (2,780,194) (10,557,051) (12,038,075) (3,699,468) (2,819,595) (13,376,646) (25,414,721) (29,114,189) 21 (a) IIF 25

(b) 9 22 Pacific Star China Pte. Ltd.Pacific Holdings Pte. Ltd. 23 100% III 150,000 Hsin Chong Construction Group Ltd.* * IIF 26

(A) 460,000 260,000 450,000250,000 54,700,00031,400,000 55,100,00031,600,000 0.990.99100.8%100.8% 6.941% 50,000 1.001 55,100,00031,600,000 IIG 1

2,700,000 2,100,000 2,700,0002,100,000 IIG 2

273,700,000273,200,000(i) 114,400,00065,600,000(ii) 159,300,000 207,600,000 276,800,000275,600,000(i) 272,300,000273,000,000 (ii) 4,500,0002,600,000 3,100,000 2,400,000 0.99 0.99101.1%100.9% 6.941% 50,000 1.001 272,300,000273,000,000 IIG 3

(B) 50,000 40,00030,000 40,00020,00020,000 IIG 4

10,400,000 12,400,00010,200,000(i) 6,000,000 9,100,0007,600,000(ii) 4,400,000 3,200,0002,500,000 10,500,000 12,400,00010,200,000(i) 8,800,000 10,800,000 9,200,000(ii) 1,700,000 1,600,000 1,000,000 0.991.01.0 100.5%100.3%100.3% 6.941% 50,0001.001 8,800,00010,800,000 9,200,000 IIG 5

35,200,000 33,600,00020,500,000 200,000 300,000200,000 200,000 200,000200,000 IIG 6

15,700,000 20,100,00016,800,000 15,700,000 20,100,00016,800,000 16,000,00020,400,00017,100,000(i) 9,100,000 11,200,0009,500,000(ii) 6,900,0009,200,0007,500,000 300,000 300,000300,000 0.980.990.98 101.7%101.5%101.5% 6.941% 50,0001.001 9,100,00011,200,0009,500,000 IIG 7

145,100,000 194,500,000157,900,000 (C) Pacific Star Group 2,800,000Pacific Star Group 2,800,000Pacific Star Group IIG 8

100,000 3,000,000 0.03 2,947.7% 2,700,000Pacific Star Group 1,0001.00 2,700,000 2,300,000 IIG 9

Pacific Star Group 10,600,000 Pacific Star Group 10,600,0002,800,000 279.7%Pacific Star Group 1,600,000 (i)960,000 (ii)560,000 (iii) 90,000 13,400,000 IIG 10

0.04 0.03 932.4%2,947.7% 14,800,000Pacific Star Group 1,0001.00 14,800,000 7,900,000 IIG 11

3,000,000 15,000,000(i) (ii)pacific Star Group(iii) 12,000,000 10,600,00013.2%Pacific Star Group 2,100,000 (i)640,000(ii) 460,000(iii)1,000,000 1,800,000 0.39 0.04184.0% 932.4% 2,700,0001,100,000 14,800,000 19,500,000 IIG 12

3,000,0001.00 2,502,191 2,999,000 11,0003,000,000 2,502,1901 1,100,000 2,700,000 9,700,000 IIG 13

1,200,000 3,900,000 (i)(ii) 12.3% 2,900,000 4,400,00034.1% 4,800,000 (i) 600,000(ii) 1,100,000(iii)3,100,000 4,700,000 IIG 14

0.45 0.39198.3% 184.0% 1,100,000 1,900,0004,300,000 2,000,000 2,000,000 2.00821%1.75% 3,000,0001.00 2,502,191 1,900,0004,300,000 2,000,000 2,500,000 IIG 15

IIG 16

(A) III 1

(I) 1(a) 2 2 2 4,257,613 3,000 4,260,613 3,847,823 3,000 3,850,823 (3,423,420) (3,423,420) 424,403 3,000 427,403 20,197 20,197 (51) (51) 18,100 18,100 (254,403) (9) (9) (15,038) (269,459) (22,693) (22,693) 1,266 1,266 (6,271) (6,300) 8(a) (461) 13 (13,032) (446) (251) (697) (40,997) 8(b) (40,997) (12,500) 8(c)(i) (12,500) 180,548 (455) (260) (59,797) (12,038) (461) 107,537 (23,145) 6,765 8(b) (16,380) 157,403 (455) (260) (53,032) (12,038) (461) 91,157 136,346 (455) (260) (53,032) (12,038) (461) 70,100 21,057 21,057 157,403 (455) (260) (53,032) (12,038) (461) 91,157 III 2

(I) 2 2 2 4,260,613 4,260,613 4,260,613 3,850,823 3,850,823 3,850,823 (3,423,420) (3,423,420) (3,423,420) 427,403 427,403 427,403 20,197 20,197 20,197 (51) (51) (51) 18,100 18,100 18,100 (269,459) (11) (11) (11) (269,492) (269,492) (22,693) (22,693) (22,693) 1,266 1,266 1,266 (13,032) (13,032) (13,032) (697) (41) (25) (23) (786) (786) (40,997) (40,997) (40,997) (12,500) (12,500) 6,489 21(b) (6,011) 107,537 (52) (36) (34) 107,415 6,489 113,904 (16,380) (16,380) (16,380) 91,157 (52) (36) (34) 91,035 6,489 97,524 70,100 (52) (36) (34) 69,978 6,489 76,467 21,057 21,057 21,057 91,157 (52) (36) (34) 91,035 6,489 97,524 III 3

(II) 1(a) 2 2 2 157,403 (455) (260) (53,032) (12,038) (461) 91,157 141,277 141,277 (23,310) (23,310) 4,140 (5) (3) 4,132 708 708 122,815 (5) (3) 122,807 280,218 (460) (263) (53,032) (12,038) (461) 213,964 257,904 (460) (263) (53,032) (12,038) (461) 191,650 22,314 22,314 280,218 (460) (263) (53,032) (12,038) (461) 213,964 III 4

(II) 2 2 2 91,157 (52) (36) (34) 91,035 6,489 97,524 141,277 141,277 141,277 (23,310) (23,310) (23,310) 4,132 (1) (1) (1) 4,129 4,129 708 708 708 122,807 (1) (1) (1) 122,804 122,804 213,964 (53) (37) (35) 213,839 6,489 220,328 191,650 (53) (37) (35) 191,525 6,489 198,014 22,314 22,314 22,314 213,964 (53) (37) (35) 213,839 6,489 220,328 III 5

(III) 1(b) 2 2 3 2 387,220 559 387,779 51,130 51,130 120,395 120,395 18,753 24,200 10 42,953 100,000 100,000 96,479 96,479 2,991 2,991 197 197 777,165 559 24,200 801,924 573,988 573,988 114,365 65,592 366,940 1,898,703 4,7 2,445,600 677,686 159,314 207,626 (366,940) 1,098 678,784 10 10 3,911 3,911 731,578 2 2 (9,600) 7 3,114 725,096 1,987,163 273,681 273,220 1,889,103 4,222 4,427,389 (495,000) (350,000) 5(a) (2,000) (25,636) 11 (872,636) (1,185,161) (4,456) (2,557) 7,013 (349,060) 5(d) (1,085) (1,535,306) (42,351) (42,351) (23) (24) 47 (1,876) 1,876 11 (272,337) (273,010) 545,347 (4,260) 4,260 11 (24,462) (260) (24,722) (1,746,974) (276,816) (275,591) 552,407 (699,060) (9,481) (19,500) (2,475,015) III 6

(III) 1(b) 2 2 3 2 240,189 (3,135) (2,371) 552,407 1,190,043 (5,259) (19,500) 1,952,374 1,017,354 (3,135) (2,371) 552,407 1,190,043 (4,700) 4,700 2,754,298 (4,471) (4,471) (500,000) 5(b) (500,000) (348,649) 5(c) (348,649) (58,690) (67,743) 5(c) (126,433) (63,161) (916,392) (979,553) 954,193 (3,135) (2,371) 552,407 273,651 (4,700) 4,700 1,774,745 67,750 552,407 (538,107) 5(d), 6 19,467 (19,467) 12 82,050 432,089 (7) (4) 806,263 4, 5 (a), (b), (c), (d), 6 4,169 (4,169) 12 1,238,341 305,140 (3,128) (2,367) 5,495 6 (28,336) 28,336 12 305,140 23,713 23,713 828,692 (3,135) (2,371) 552,407 273,651 (4,700) 4,700 1,649,244 125,501 125,501 954,193 (3,135) (2,371) 552,407 273,651 (4,700) 4,700 1,774,745 III 7

(III) 2 2 2 15 387,779 387,779 387,779 51,130 51,130 51,130 120,395 120,395 120,395 42,953 42,953 42,953 100,000 100,000 100,000 96,479 96,479 96,479 2,991 2,991 2,991 197 197 197 801,924 801,924 801,924 573,988 573,988 573,988 2,445,600 550,144 1,343,456 16 4,339,200 4,339,200 678,784 15,731 20,135 16,810 (52,676) 678,784 678,784 10 10 10 3,911 3,911 3,911 725,096 4 4 4 259,570 17(a) 984,678 (259,570) 21(a) 725,108 4,427,389 15,735 20,139 16,814 497,468 1,603,026 6,580,571 (259,570) 6,321,001 (872,636) (872,636) (872,636) (1,535,306) (6,926) (9,242) (7,527) 23,695 (234,324) 17(b) (1,769,630) (1,769,630) (42,351) (42,351) (42,351) (26) (26) (26) 78 (9,050) (11,170) (9,522) 29,742 (24,722) (24,722) (24,722) (2,475,015) (16,002) (20,438) (17,075) 53,515 (234,324) (2,709,339) (2,709,339) III 8

(III) 2 2 2 15 1,952,374 (267) (299) (261) 550,983 1,368,702 3,871,232 (259,570) 3,611,662 2,754,298 (267) (299) (261) 550,983 1,368,702 4,673,156 (259,570) 4,413,586 (4,471) (4,471) (4,471) (500,000) (500,000) 259,570 21(a) (240,430) (348,649) (348,649) (348,649) (126,433) (126,433) (126,433) (979,553) (979,553) 259,570 (719,983) 1,774,745 (267) (299) (261) 550,983 1,368,702 3,693,603 3,693,603 82,050 550,983 (420,460) 17(a), (b), 20 212,573 212,573 1,238,341 (1) (1) (1) 1,788,338 16, 17(a), (b), 20 3,026,676 3,026,676 305,140 (266) (298) (260) 824 20 305,140 305,140 23,713 23,713 23,713 1,649,244 (267) (299) (261) 550,983 1,368,702 3,568,102 3,568,102 125,501 125,501 125,501 1,774,745 (267) (299) (261) 550,983 1,368,702 3,693,603 3,693,603 III 9

(IV) 1(a) 2 2 2 (127,877) (9,600) 7 (8,788) (146,265) 1,529 1,529 (6,149) (11,300) 8(a),(c)(ii) (461) 13 (17,910) (32,017) (32,017) (164,514) (20,900) (8,788) (461) (194,663) (17,290) (115) (17,405) (127) (127) 178 178 16 16 5,890 5,890 448 448 353 353 6,191 6,191 45,018 45,018 (117,715) (117,715) (77,038) (115) (77,153) (241,552) (20,900) (8,903) (461) (271,816) III 10

(IV) 1(a) 2 2 2 8,739 (4,165) 12 4,574 1,086 1,086 300,000 350,000 5(a) 25,636 10 675,636 (60,000) (60,000) 1,200 1,200 (10,587) (10,587) (57,050) (57,050) (350,000) 5(a) (25,546) 10 (375,546) 173,563 9,825 (4,075) 179,313 (67,989) (20,900) 922 (4,536) (92,503) 708,766 90 (90) 10 708,766 6,241 6,241 647,018 (20,900) 1,012 (4,626) 622,504 647,018 (20,900) 1,012 (4,626) 622,504 III 11

(IV) 2 2 2 (146,265) 5 5 5 (146,250) (146,250) 1,529 1,529 1,529 (17,910) (17,910) 2,596 21(c) (15,314) (32,017) (32,017) (32,017) (194,663) 5 5 5 (194,648) 2,596 (192,052) (17,405) (17,405) (17,405) (127) (127) (127) 178 178 178 16 16 16 5,890 5,890 5,890 448 448 448 353 353 353 6,191 6,191 6,191 45,018 45,018 45,018 (117,715) (117,715) (117,715) (77,153) (77,153) (77,153) (271,816) 5 5 5 (271,801) 2,596 (269,205) III 12

(IV) 2 2 2 4,574 4,574 4,574 1,086 1,086 1,086 675,636 675,636 675,636 (60,000) (60,000) (60,000) (259,570) 21(a) (259,570) 1,200 1,098,000 17(a) 1,099,200 1,099,200 (38,430) 19 (38,430) (38,430) (10,587) (10,587) (10,587) (57,050) (57,050) (57,050) (375,546) (800,000) 17(a) (1,175,546) (1,175,546) 179,313 259,570 438,883 (259,570) 179,313 (92,503) 5 5 5 259,570 167,082 (256,974) (89,892) 708,766 708,766 708,766 6,241 6,241 6,241 622,504 5 5 5 259,570 882,089 (256,974) 625,115 622,504 5 5 5 259,570 882,089 (256,974) 625,115 III 13

1. (a) (b) 2. 3. 366,940,000 4. 143,000,000 2 5(d) 2,445,600,000 2,436,000,0009,600,0007 2,436,000,0002,030,000,000 III 14

5. 1,828,000,000 (a) 350,000,000 (b) 500,000,000 4 500,000,000 (c) 759,210,000 722,065,000 348,649,00039 373,416,000 722,065,000 32 67,743,000 (d) 1.53143,000,000 349,060,000 2,436,000,0004(a)(b) (c) 514,875,000 2 514,875,00014,300,000 500,575,000 III 15

6. 7. 9,600,000 8. (a) 350,000,000 (b) 11.8% (c) (i) 500,000,000 (ii) 5,000,000 9. 10. 3 24,200,00019,500,000 4,700,000 6,136,00011 III 16

11. Pinnacle State Group Limited 12. 13. 11 14. 15. 497,468,000 52,676,000 16. 405,228,758 2 17(b) 1,893,600,0001,578,000,000 III 17

17. 1,420,000,000 (a) 800,000,000 20% (1) (2) (i) (ii) (iii) 1.22900,000,000 1,098,000,0001.22 1.5320% 1,098,000,00090,000,000 1,008,000,000 38,430,000 1,059,570,000800,000,000 (b) 620,000,000 1.53 (i) 405,228,7581.53(ii) 1,893,600,00016 III 18

234,324,000 1,893,600,000(a) 859,276,000 2 859,276,00040,523,000 818,753,000 18. 19. 38,430,00017(a) 20. 21. (a) 800,000,000 17(a)1,098,000,000 800,000,00038,430,00019 259,570,000 (b) 500,000,000240,430,000 (c) 2,596,000 21(b) III 19

22. 25(a)7810121317(a)19 23. 24. 11.2 III 20

(B) HSIN CHONG CONSTRUCTION GROUP LTD.* Hsin Chong Construction Group Ltd. * III-1 III-20 PS Hong Kong Limited III-1III-20 4.297 4.29(7) * III 21

300 4.29(1) a) b) c) 4.29(1) III 22

6-8 4 Hsin Chong Construction Group Ltd.* * IV 1

3% 107-109 Hsin Chong Construction Group Ltd. * MRICS MHKIS RPS(GP) MHKIS MRICS RPS(GP) MRICS, MHKIS, RPS(GP) 26 MRICS, MHKIS, RPS(GP)20 * IV 2

1. 107-109 350,000,000 350,000,000 2. 43 138 17,200,000 3. 31130 (CP1) 48,800,000 4. 362 1L101 700,000 5. 2P250P251P252 P253P254P255P256P257 1,630,000 68,330,000 418,330,000 IV 3

1. 107109 570 571572573 10 30 100,610 350,000,000 99 3% (1) Deventer Limited Cogent Spring Limited (2) (3) S/K14S/6 (4) 285,400,000 64,600,000 IV 4

2. 43 138 395 138 16 3218 121,000 17,200,000 3% (1) Rife Yard Limited (2) 77787980818283858687888990 9192939596979899100101102151 152153155156157158159160161162163 165 351011121516171819202122 23252627283031323335363738 39505152535556575859606162 636566676869707172737576106 107108109110111112113115116117118 119120121122123125126127128131133 135136138139150 155156157159160 120121123125127130131150163167 58 56575859115117 (3) S/TM/28 A IV 5

3. 3 1130 (CP1) 7418 3 28 17 3 1,861,000 48,800,000 77,003 3 75 964 (1) UB6016935Cogent Spring Limited20 1Cogent Spring Limited Cogent Spring Limited Cogent Spring Limited3 (2) 131424 (3) S/H5/26 IV 6

4. 362 1 L101 355 27,700 60 22 1 3% 3,500 700,000 (1) Synergis Holdings Limited* S-Club Limited (2) S/TW/27 5 5. 2 P250P251 P252P253 P254P255P256 P257 26 64,29924 58 99 3% 12 16 14 18 204,000 1,630,000 (1) Synergis Holdings Limited* S-Club Limited (2) S/TP/22 A * IV 7

1 16 Rosy China Investments Limited Sorano Investments Limited Best Elect Investments Limited Market Elite Investments Limited Noble Empire Investments Limited V 1

5 12 V 2

107-109 Hsin Chong Construction Group Ltd. * MScMRICSMHKIS * V 3

1. 102 17 2,030,000,000 2. 41 1,578,000,000 3,608,000,000 2 V 4

1. 102 17 17 1,804,1652,706 3,000,000 2,000,000 1,000,000 2,030,000,000 438,897,236.63 4% 0.05% 40 50 70 (1) 181,804,165 (2011)058 (2011)059 (2011)060 (2011)061 226,579 133,562 123,862 137,632 (2011)081 215,020 V 5

(2011)082 (2011)083 (2011)084 (2011)085 (2011)086 (2011)087 (2011)088 (2011)089 (2011)090 (2011)091 (2011)092 (2011)093 (2011)094 132,764 96,461 8,942 15,319 35,651 108,131 22,650 163,467 93,333 191,358 2,563 83,784 13,087 1,804,165 942,648 961,517 1,804,165 V 6

(2) 171,804,165 21120220 10A00028 2010tc 0901 226,579 40 2 52,974,170.00 21120220 10A00029 2010tc 0902 123,862 40 70 2 28,958,936.00 21120220 10A00030 2010tc 0903 133,562 40 70 2 31,226,796.00 21120220 10A00031 2010tc 0904 137,632 40 70 2 32,178,362.00 21120220 10A00044 2010tc 01201 111,954 40 70 1.5 26,174,846.00 21120220 10A00045 2010tc 01202 72,047 40 70 1.5 16,844,589.00 21120220 10A00046 2010tc 01203 109,375 40 70 1.5 25,571,875.00 21120220 10A00047 2010tc 01204 90,917 40 70 1.5 21,256,395.00 21120220 10A00048 2010tc 01205 119,243 40 70 1.5 27,879,013.00 V 7

21120220 10A00049 2010tc 01206 61,045 40 70 1.5 14,272,321.00 21120220 10A00050 2010tc 01207 70,357 40 70 1.5 16,449,466.60 21120220 10A00051 2010tc 01208 98,102 40 70 1.5 22,936,248.00 21120220 10A00052 2010tc 01209 138,908 40 70 1.5 32,476,690.00 21120220 10A00053 2010tc 01210 103,353 40 70 1.5 24,163,931.00 21120220 10A00054 2010tc 01211 110,358 40 70 1.5 25,801,700.00 21120220 10A00055 2010tc 01212 83,784 40 70 1.5 19,588,699.00 21120220 10A00056 2010tc 01213 13,087 40 70 1.5 3,059,741.00 1,804,165 421,813,778.60 V 8