CapitaLand Retail China Trust Management Limited ("CRCTML"), the manager of CapitaLand Retail China Trust ("CRCT"), announced that HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of CRCT, has established CRCT Yuquan Investment Pte. Ltd., and Springjade Pte. Ltd. wholly owned subsidiaries incorporated in Singapore as part of its ongoing business development. The establishment of the above subsidiaries is not expected to have any material impact on the net tangible assets or earnings per unit of the CRCT for the financial year ending 31 December 2019. Name: CRCT Yuquan Investment Pte. Ltd., Principal Activity: Investment Holding, Issued and Paid-up Share: SGD 1 comprising one ordinary share issued at a price Capital of SGD 1. Name: Springjade Pte. Ltd., Principal Activity: Investment Holding, Issued and Paid-up Share: SGD 1 comprising one ordinary share issued at a price capital of SGD 1.