The Board of Directors of Pollux Properties Ltd. announced that, as set out in their announcement of 12 August 2022, the Group has recently incorporated the following subsidiaries in connection with the acquisition of three hotel properties (the "Hotels") in Bekasi, Indonesia: Sapphire Investments (SG) Pte Ltd., Emerald Investments (SG) Pte Ltd., Diamond Investments (SG) Pte Ltd., PT. Mitra Investasi Abadi., PT. Investasi Cemerlang Sukses.