Mr. Chiu is the Chairman of ARA Trust Management (Suntec) Limited (the "Manager") and the Chairman of ARA Asset Management Limited. In addition, he is the Chairman of ARA Asset Management (Singapore) Limited, the manager of Singapore-listed Fortune Real Estate Investment Trust ("Fortune REIT"). Mr. Chiu is also the Chairman of ARA Asset Management (Prosperity) Limited, the manager of Prosperity Real Estate Investment Trust ("Prosperity REIT"), which is publicly listed on The Hong Kong Stock Exchange Limited. Mr. Chiu is an Executive Director of Cheung Kong (Holdings) Limited ("Cheung Kong"). He joined Cheung Kong in 1997 and has been an Executive Director since 2000, heading the real estate sales, marketing and property management teams. He is also the Chairman of Al Islami Far Eastern Real Estate Fund Limited.

With more than 28 years of international real estate experience, Mr. Chiu is one of the most respected professionals in the retail property sector in Hong Kong. He is also a financial columnist for newspapers in Hong Kong. Prior to joining Cheung Kong, Mr. Chiu was with Hang Lung Development Company Limited for 15 years from 1979 to 1994 and Sino Land Company Limited for three years from 1994 to 1997. He was responsible for retail and commercial leasing, as well as property management, in both companies.

Mr. Chiu holds a Bachelor of Sociology degree and a Bachelor of Economics degree from Trent University in Ontario, Canada and is a fellow of the Hong Kong Institute of Real Estate Administration. He is a member of the Shanghai Committee of the Chinese People's Political Consultative Conference, the People's Republic of China.

Mr. Lim Hwee Chiang, John

Mr. Lim is a Director of the Manager. He is also the Group Chief Executive Officer and Executive Director of the ARA Group of companies, including ARA Asset Management (Singapore) Limited, the manager of Singapore-listed Fortune REIT, ARA Asset Management (Prosperity) Limited, the manager of Hong Kong listed Prosperity REIT and Am ARA REIT Managers Sdn Bhd, the manager of Malaysia-listed AmFirst REIT. He also sits on the board of Teckwah Industrial Corporation Ltd and Inter-Roller Engineering Limited, both of which are listed in Singapore.

Mr. Lim has over 26 years of experience in real estate. From 1997 to 2002, Mr. Lim was an Executive Director of GRA (Singapore) Private Limited, which is a wholly-owned subsidiary of Prudential (US) Real Estate investors. From 1996 to 1997, he was the founder and managing director of The Land Manager (S) Pte Ltd, a Singapore-based property and consulting firm. From 1991 to 1995, Mr. Lim was the general manager of the Singapore Labour Foundation Management Services Pte Ltd and was with DBS Land Limited from 1981-1990.

Mr. Lim holds an Engineering degree (First Class Honours), a Master of Science degree as well as a Diploma in Business Administration from the National University of Singapore. He is the Vice President of Hong Kong Singapore Business Association, a board member of the Asian Public Real Estate Association and the Valuation Review Board of the Ministry of Finance in Singapore.

Mr. Ip Tak Chuen, Edmond

Mr. Ip is a Director of the Manager. He is also a Director of ARA Asset Management (Singapore) Limited, the manager of Singapore-listed Fortune REIT, and a Non-executive Director of ARA Asset Management Limited. Mr. Ip has been an Executive Director of Cheung Kong since 1993 and Deputy Managing Director of Cheung Kong since 2005. He has been an Executive Director of Cheung Kong Infrastructure Holdings Limited since its incorporation in May 1996 and Deputy Chairman since February 2003, the Senior Vice President and Chief Investment Officer of CK Life Sciences Int'l., (Holdings) Inc. since June 2002, and a Non- Executive Director of TOM Group Limited.

Prior to joining Cheung Kong, he held a number of senior financial positions in major financial institutions and acquired over 17 years of experience in the Hong Kong financial market covering diverse activities such as banking, capital market, corporate finance, securities brokerage and portfolio investments.

He holds a Bachelor of Arts degree in Economics and a Master of Science degree in Business Administration.

Mr. Ma Lai Chee, Gerald

Mr. Ma is an Alternate Director to Mr. Ip Tak Chuen, Edmond, a Director of the Manager.  He is currently the Director, Corporate Strategy Unit and Chief Manager, Corporate Business Development at Cheung Kong (Holdings) Limited.  He is also a Director of AMTD Financial Planning Limited, iBusiness Corporation Limited, CK Communications Limited, Beijing Net-Infinity Technology Development Company Limited, mReferral Corporation (HK) Limited and Silk Telecom Pty Limited.  He also serves as a Non-Executive Director of The Ming An (Holdings) Company Limited and ARA Asset Management (Prosperity) Limited (the Manager of Prosperity Real Estate Investment Trust), and is an Alternate Director to Mr. Peter Wong, Executive Director of Hutchison Telecommunications International Limited.

Mr. Ma has over 18 years of experience in banking, investment and portfolio management, real estate development and marketing, as well as managing IT related ventures and services.  He is a member of the Finance Committee and the Hospitality Services Committee for Caritas Hong Kong, a member of the Chancellor’s Circle of the University of British Columbia, Canada (“UBC”) and a member of the Dean’s Advisory Board for the Faculty of Arts of UBC.  He holds a Bachelor of Commerce degree in Finance and a Master of Arts degree in Global Business Management.

Mr. Tan Kian Chew

Mr. Tan is a Director and Chairman of the Audit Committee of the Manager. He is currently the Group Chief Executive Officer of NTUC FairPrice. He served in the Republic of Singapore's Navy from 1976 to 1983 and held the position of Head of Naval Operations from 1980 - 1983. He left the Navy to join the Singapore Government's elite Administrative Service in 1983 and served in the Ministry of Trade and Industry. At that time he was also appointed to the Board of Directors of NTUC FairPrice Co-operative Ltd. In 1988, he was posted to the Prime Minister's Office where he served as the Principal Private Secretary to the then Deputy Prime Minister, Mr. Ong Teng Cheong. Mr. Tan was awarded the PPA (P), the Singapore Public Administration Medal (Silver).

Mr. Tan left the Administrative Service to join NTUC FairPrice in 1992 as its Assistant General Manager and was subsequently promoted to Chief Executive Officer in 1997.

Mr. Tan holds an Honours degree (First Class) in Mechanical Engineering from the University of Aston in Birmingham, UK. He has also completed the Advance Management Program at Harvard University in 2000.

Mrs. Sng Sow-Mei (alias Poon Sow Mei)

Mrs. Sng is a Director and member of the Audit Committee of the Manager. Mrs. Sng, who has been appointed as Non-Executive Independent Director of Cheung Kong Infrastructure Limited, is also an Independent Director of ARA Asset Management (Singapore) Limited - the manager of Fortune REIT, Independent Director of ARA Asset Management (Prosperity) Limited - the manager of Prosperity REIT, and a Director of INFA Systems Ltd, a subsidiary of Singapore Technologies Electronics Ltd. Since 2001, she has been the Senior Consultant (International Business) of Singapore Technologies Electronics Ltd. Concurrently she is the Advisor of InfoWave Pte Ltd.

Prior to her appointments with Singapore Technologies Pte Ltd, where she was Director, Special Projects (North East Asia) in 2000 and a Consultant in 2001, Mrs. Sng was the Managing Director of CapitaLand Hong Kong Ltd for investment in Hong Kong and the region including Japan and Taiwan. In Hong Kong from 1983 to 1997, Mrs. Sng was the Centre Director and then Regional Director of the Singapore Economic Development Board and Trade Development Board respectively. She was Singapore's Trade Commissioner in Hong Kong from 1990 to 1997.

Mrs. Sng, with a Bachelor of Arts degree from the Nanyang University of Singapore, has wide experience in various fields of industrial investment, business development, strategic and financial management, especially in property investment and management. In 1996, Mrs. Sng was conferred the title of PPA (P) - Pingat Pentadbiran Awam (Perak), the Singapore Public Administration Medal (Silver).

Mr. Lim Lee Meng

Mr. Lim is a Director and member of the Audit Committee of the Manager. He is currently a senior partner of RSM Chio Lim, a member firm of RSM International. Mr. Lim is also an Independent Director of Teckwah Industrial Corporation Ltd ("Teckwah"), Datapulse Technology Limited ("Datapulse"), Tye Soon Ltd, Europtronic Group Ltd ("Europtronic") and ARA Asset Management (Singapore) Limited, the manager of Fortune REIT. He also serves as the Chairman of the audit committee of each of Teckwah, Datapulse, Europtronic and Fortune REIT.

Mr. Lim is also a practicing member of the Institute of Certified Public Accountants of Singapore, an associate member of the Institute of Chartered Secretaries and Administrators and a member of the Singapore Institute of Directors.

Mr. Lim graduated from the Nanyang University of Singapore with a Bachelor of Commerce (Accountancy) in May 1980. He also has a Master of Business Administration degree from the University of Hull (1992), a Diploma in Business Law from the National University of Singapore (1989) and an ICSA qualification from the Institute of Chartered Secretaries and Administrators.

Mr. Chow Wai Wai, John

Mr. Chow is a Non-executive Director of the Manager. He is currently the Managing Director of Hong Kong listed Winsor Properties Holdings Limited, which has operations in Hong Kong, China and Singapore. He is also the Deputy Managing Director of Winsor Industrial Corporation Limited, which has international operations spanning countries in the US, Europe and Asia, and he holds directorships in the various subsidiaries and associated companies of the Winsor companies. He is a Non-executive Director of Hong Kong listed Dah Sing Financial Holdings Limited.

Mr. Chow has more than 30 years of experience in the property, textile and clothing businesses. He has served as Chairman of the Hong Kong Garment Manufacturers Association and as a member of the Textile Advisory Board of the Hong Kong Government. He received his Bachelor of Arts (Economics) degree from the University of British Columbia.

Mr. Yeo See Kiat

Mr. Yeo is a Director and Chief Executive Officer of the Manager. Mr. Yeo has more than 25 years experience in the real estate industry, overseeing and managing various projects and working with joint-venture partners with Hwa Hong Corporation Ltd, the Wharf Group Ltd, Parkway Holdings Ltd, DBS Land Ltd and Capitaland Ltd. He has held senior management positions over the last 17 years.

Mr. Yeo started his career in Turquand Young (now Ernst & Young) and was with the firm from 1976 to 1980.

Mr. Yeo graduated from the University of Singapore with a degree in Bachelor of Accountancy. He also holds a Graduate Diploma in Management Studies from the Singapore Institute of Management. He is a Fellow of the Institute of Certified Public Accountants of Singapore.