CDLHT: Announcement on Incorporation of Subsidiary

General Announcement::Announcement by an Associate, CDL Hospitality Trusts

Page 1 of 1

GENERAL ANNOUNCEMENT::ANNOUNCEMENT BY AN ASSOCIATE, CDL HOSPITALITY TRUSTS

Issuer & Securities

Issuer/ Manager

CITY DEVELOPMENTS LIMITED

Securities

CITY DEVELOPMENTS LIMITED - SG1R89002252 - C09

Stapled Security

No

Announcement Details

Announcement Title

General Announcement

Date &Time of Broadcast

11-Dec-2019 17:18:28

Status

New

Announcement Sub Title

Announcement by an Associate, CDL Hospitality Trusts

Announcement Reference

SG191211OTHRTPK1

Submitted By (Co./ Ind. Name)

Enid Ling Peek Fong

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

CDL Hospitality Trusts, an associate, has on 11 December 2019 released the announcement relating to notification on incorporation of a subsidiary.

For details, please refer to the announcement released by CDL Hospitality Trusts on the SGX website, www.sgx.com

https://links.sgx.com/1.0.0/corporate-announcements/O4S1BHB61909O3VL/e107ede... 11/12/2019

Change - Change in Corporate Information::Notification on Incorporation of Subsidiary Page 1 of 2

CHANGE - CHANGE IN CORPORATE INFORMATION::NOTIFICATION ON INCORPORATION OF SUBSIDIARY

Issuer

Issuer/ Manager

M&C REIT MANAGEMENT LIMITED

Announcement Details

Announcement Title

Change - Change in Corporate Information

Date &Time of Broadcast

11-Dec-2019 12:12:43

Status

New

Announcement Sub Title

Notification on Incorporation of Subsidiary

Announcement Reference

SG191211OTHRYR86

Submitted By (Co./ Ind. Name)

Soo Lai Sun

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Please refer to the attached document.

Place Of Incorporation

Existing

Singapore

New

Registered Address

Existing

New

Attachments

Notification%20on%20Incorporation%20of%20Subsidiary.pdf

https://links.sgx.com/1.0.0/corporate-announcements/6RS7BYSPQ5TA9LD0/70718c... 11/12/2019

Change - Change in Corporate Information::Notification on Incorporation of Subsidiary Page 2 of 2

Total size =92K MB

https://links.sgx.com/1.0.0/corporate-announcements/6RS7BYSPQ5TA9LD0/70718c... 11/12/2019

A stapled group comprising:

CDL HOSPITALITY REAL ESTATE INVESTMENT TRUST

(a real estate investment trust constituted on 8 June 2006 under the laws of the Republic of Singapore)

CDL HOSPITALITY BUSINESS TRUST

(a business trust constituted on 12 June 2006 under the laws of the Republic of Singapore)

NOTIFICATION ON INCORPORATION OF SUBSIDIARY

The Board of Directors of M&C REIT Management Limited, as manager of CDL Hospitality Real Estate Investment Trust, and M&C Business Trust Management Limited ("MBTM"), as trustee- manager of CDL Hospitality Business Trust ("HBT"), wishes to announce that Gemini Two Pte. Ltd. has been incorporated as a wholly-owned subsidiary of MBTM, as trustee-manager of HBT.

Information on Gemini Two Pte. Ltd. is as follows:

Name of company	: Gemini Two Pte. Ltd.
Date of incorporation	:	8 November 2019
Country of incorporation	:	Singapore
Issued share capital	:	SGD 2
Principal activity	:	Hotel Business Owner

By Order of the Board

SOO LAI SUN Company Secretary

M&C REIT Management Limited (Company Registration No. 200607091Z)

as manager of CDL Hospitality Real Estate Investment Trust

11 December 2019

By Order of the Board

SOO LAI SUN Company Secretary

M&C Business Trust Management Limited (Company Registration No. 200607118H)

as trustee-manager of CDL Hospitality Business Trust

11 December 2019

IMPORTANT NOTICE

The value of Stapled Securities and the income derived from them may fall as well as rise. Stapled Securities are not obligations of, deposits in, or guaranteed by, the H-REIT Manager, the HBT Trustee-Manager or any of their respective affiliates. An investment in Stapled Securities is subject to investment risks, including the possible loss of the principal amount invested.

Investors have no right to request that the H-REIT Manager and the HBT Trustee-Manager redeem or purchase their Stapled Securities while the Stapled Securities are listed. It is intended that the holders of Stapled Securities may only deal in their Stapled Securities through trading on Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Stapled Securities on the SGX-ST does not guarantee a liquid market for the Stapled Securities.