Japan

TOKYO RAKUTENCHI CO., LTD. leases real estate properties mainly in Kinshi-cho, Tokyo.  The Company also operates restaurants, saunas, bowling alleys, game centers, karaoke places, and theaters.

Nippon Commercial Development Co.,Ltd. plans, develops, and manages properties on behalf of real estate owners.  The Company also obtains properties of its own and develops and restores them for eventual sale.  Nippon Commercial Development provides consulting services as well.

NISSHIN FUDOSAN Co., Ltd. designs, develops, sells its brand condominiums. The Company also leases and multi-unit commercial and residential buildings. Nisshin Fudosan also operates consumer finance business.

COSMOS INITIA Co., Ltd. sells real estate properties mainly in Tokyo and Kinki areas. The Company also constructs, manages, maintains, and repairs multi-unit buildings and office buildings and provides real estate brokerage services.

Mugen Estate Co., Ltd provides real estate services.  The Company buys and sells used condominiums, residential houses and office buildings.  Mugen Estate also does investment business for real estates.

Arealink Co.,Ltd. provides real estate leasing services.  The Company also operates real estate businesses including storage and parking space rental. Arealink also develops and constructs custom-made and rental buildings.

AIRPORT FACILITIES Co., LTD. manages and leases airport facilities at Haneda Airport in Tokyo and at Itami Airport in Osaka.  The Company constructs, operates, and maintains air-conditioning, water supply, and sanitation systems for airport facilities.  The Company also manages Narita International Airport facilities through its subsidiary.

DEAR LIFE CO LTD develops, sells, and leases real estate properties mainly in Tokyo and other major city area. The company also provides asset management and real estate brokerage services.

SANKYO FRONTIER CO., LTD. manufactures and sells unit houses, sky parking systems, and home nursing equipment.  The Company also leases unit houses, prefabricated parking facilities, and temporary construction equipment. Additionally, Sankyo builds single-family homes.

Ascot Corp. owns and operates real estate properties.  The Company's principal activities include residential property leasing, land development and property management services for residential and commercial buildings.  Ascot Corp. also undertakes building and renovation projects.

Yoma Strategic Holdings Limited develops real estate; sells private residential properties; and designs, constructs and project manages real estate developments in Myanmar and the People's Republic of China.

Langham Hospitality Investments and Langham Hospitality Investment Limited is a stapled entity. The Company primarily owns and invests in a portfolio of hotels in Asia.

Oxley Holdings Ltd. develops real estate. The Company develops residential and commercial projects in accessible locations. Oxley also develops light industrial buildings that include swimming pools and other recreational amenities.

Dynamic Holdings Limited, through its subsidiaries, invests in and develops properties.  The Company also operates ports.

PT Lippo Karawaci Tbk is a diversified and integrated property group and is involved in townships, residential homes, hospitals, hotels, retail malls and industrial estate development and management.  PT Lippo Karawaci through its subsidiaries is also engaged in property and REIT management.

Soyea Technology Co., Ltd. manufactures color television sets under the Westlake brand name.  The Company also develops real estate properties, and provides network integration and equipment repair services.

Beijing North Star Company Limited develops, leases, and invests in properties. The Company operates shopping centers, hotels, restaurants, and recreation businesses.  The Company also provides property management.

L.M. Development Co., Ltd. manufactures and markets electronic products. The Company's products include desktop CD-ROM drives, portable CD drives, digital cameras, copy towers, and CD recordable (CD-R) and CD rewritable (CD-RW).

Bund Center Investment, Ltd. invests in commercial property in China. The Company owns office buildings, hotels, and retail malls.

Liu Chong Hing Investment Limited, through its subsidiaries, invests, develops, and manages properties as well as providing other financial services.  The Company also has activities in treasury investment, trading, and manufacturing businesses.

Aoyama Zaisan Networks Company,Limited operates as a property consulting company. The Company offers inherited property and business succession, individual asset consulting, and corporate finance consulting services. Aoyama Zaisan Networks serves customers in Japan.

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