
246173138556163656768156 Windward 3, Regatta Office ParkPO Box 1350, Grand Cayman KY1-1108Cayman Islands 398 Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 1617 1240 www.cnqc.com.hk 10,400,000,0008,300,000,000490,300,000588,000,0000.2980.358 COVID-19350,000 1041 15454100 (BCA)20233382703202024 20221252023143 3Punggol NorthContract 15Choa Chu Kang Neighbourhood 8 Contract 12Bukit Batok Neighbourhood 4Contract 26Choa Chu Kang Neighbourhood 8 Contract 122 20232690102,4003,7502023521,00030,00020231041 11 2023202320226.3%2023110547.1 1.2%6.8%8.6%7,5514,52866.7%6,421EC9.5% 14.1%106.75% 4,350,500,0004,202,800,0003,433,400,0002,104,500,000 5131313,918,500,000209,149,100,000 11277,100,0005802,400,000 294,565,200,000485,432,100,000 100%633 6299%614 882%303 34%44 BCI Asia 26.02 3,100 22160,700 4995633232–46 50,00349,859144100% 996,4659,687351002/2A/2B–24/24A/24B 9,68734% 99111561862 62,15999% 9912,49938,951615360 38,95182% (1) Forsea Residence395,290,000(one-north mediapolis)(Media Circle)9910,63230,834350 (2) 530,000,000585917,4005,400520223 (3) 163–1694 (4) 37.05243243,353781,897 25,640,000200,000,00020,920,000163,000,000 1.2.3.4. 4 10,400,000,0008,300,000,00026% —3,400,000,0002,100,000,00063% 7,000,000,0006,200,000,007,000,000,0004,400,000,0004%2,600,000,00030% 2.6%-0.5% 95,300,00073,800,0000.9%0.9% 327,000,000237,500,0003.1%2.9% 247,500,000327,700,000 371,300,000513,000,000490,300,000588,000,0000.2980.358 BVI 30 1%3%(Building Our Shared Future Together)(Forward SG)IMD 31038055%HDBLTA5HDB 5.9522(Henley & Partners) BIMHDBBCAHDB (GDP)4%5%6.8% 20235G(MRT)2024 412024–252028–2917.2(MIC)2028–292032–3323.8(MiC2.0)50 6,200,000,0005,100,000,000 223,852,000203,866,0001,538,858,0002,974,381,000 1,600,000,0001,500,000,00068.9%21.9%5.2%3.4%54.9%59.7% 3,900,0005,100,00035,800,00058,900,00010,600,000 15 2,8572,609 919,900,000705,000,000 151,832,00310% C1 C3 12 6225616 6162 51 17 27 65 3,253,700,0003,315,300,000 156 2 108(a) 3.13 13.51 B(1)3137 XVXV78352C3 1. 2.1,024,759,528BVIBVI48.55%51.45%74.53%99.98% 3.100,000,000Victorious Path International LimitedVictorious Path International Limited42.1%51.9%99.98%59.5%40% XV352 336XV23 (1)BVI48.55%51.45%74.53%1,024,759,528(2)224,145,000BVI(3)11BVI(4)Victorious Path International Limited57.9%42.1%(5) 336 5% 8.10 (i)(ii)(iii)(iv)(v) 25% 304,599,273 304,599,273 BVI0.56 BVI 17.07 647,273,454304,599,273124,875,197 0.01 8.0826 2.750.01% 23 14A Singapore Bai Chuan Singapore Bai Chuan Investment Pte. LtdSingapore Bai ChuanSingaporeBai Chuan Singapore Bai ChuanBVISingapore Bai ChuanBVI14A 0.1%5%14A (i)Singapore Bai Chuan(ii)(iii) 1.05.7 (i)(ii)(iii) 3514A 14A.56 (i) (iii) 10 289,000142,000 BVI C1 3854 CRS 3 (i) (ii) (iii) hi-Life 49 25 GuotsingHoldings (South Pacific) Investment Pte. Ltd. 47 20 65 40 28 41 206 61 301600 834913151751 64 40 9699HSBC Provident Fund Trustee (Hong Kong) Limited 61 EDI00687 67 44 62 30 5120 37 45PT/DL20 3815 5020 5020 4220 37 4317 5834NW2 5227 C1 3.10(1)3.10A3.10(2) 108(a) 3.133.13 (i)3.13(ii)(iii)(iv) 3.09D C.5.1 6/61/16/61/16/61/16/61/1 ••••• C.1.4 C.2.1 C3 ••••••• 37 D210 8,358,000380,000 3.21 ••• •••••• • •• •• ••• (i)(ii)(iii)(iv) 20231231 21 ••• • ••50•• 12.5% 80% i.ii.iii.iv.v. i. ii. iv. 3.2915 (i)(ii)A113(iii) 398info@cnqc.com.hk(852) 2560 6263 12312377 64221 223 13.22 1,715,900,00013.11(2)(a)8%5%50% 21 61155 ••••• •• 46 7,782,591,000 •• 418 569,569,000——290,043,000279,526,000 • • •. • ••••• 1 Windward 3, Regatta Office Park, POBox1350, Grand Cayman KY1-1108, Cayman Islands 2 (a) (i) 622 (ii) (iii) 371,251,000121,076,0005,048,518,0003,979,159,0001,604,091,000 1,008,773,000634,500,000771,415,0001,350,047,000 2 (a) (iii) •546,000,00068,570,000394,203,000 •299,623,000524,745,000634,500,0001,350,047,000560,000,000 •218,960,000273,000,000 • • 15,400,000,000 2 (a) (iv) (v) 2 (b) (i) 38(e)38(g) (ii) 38(f)38(g) (iii) 30 212(b)(x)(4) (iv) 2 (b) (iv) 2(b)(x)(4) (v) ——— — — (1) 2 (b) (v) (1) (2) (a)(b) (3) (4) 2 (b) (vi) ••• 12 38(k) 2 (b) (vii) (1) 38(a) (2) 20%50%(4) (3) 11 13 (4) 2 (b) (vii) (4) 38(g) (5) 2 (b) (viii) (ix) (x) (1) — (2) 2 (b) (x) (3) — — (4) 93(b)(i) (x) 12 3 3 (a) (i) 3 (a)(i) 3 (a) (i) 5% 160,000,00024 3 (a) (ii) (iii) 5015,650,00030,593,000 (b) ——— 3 (b) (i) —— 912 3 (b) (i) 3 (b) (i)(ii)(iii)9 3 (c) 3 (d) 3 (e) •••(i) 3 (e) (i) 20 3 (e)(ii) 1%13,059,00016,000,000 (iii) 3 3 2,636,7826,118,20374,801 4 (a) 4 (b) (c) (d) 4 (e) (f) 64,415,00037,898,000 5 (i)—(ii)—(iii)—(iv)— ———— 5 5 —3,190,683,0001,166,905,00031%14% 5 5 (a) 5 (a) (ii) 6 7 8 37 12 12 CNQC International B&R (SG) Development Fund L.PCNQC Develop