Shareholding Structure

As at 24 August 2023

Issued And Fully Paid Units

Number of issued and fully paid Units	2,255,820,673
Voting rights	One vote per Unit
Number/Percentage of treasury Units	Nil
Number/Percentage of subsidiary holdings	Nil
Market capitalisation	S$1,082,793,923 (based on closing price of S$0.480 per Unit on 24 August 2023)

Distribution of Unitholdings

Size of Unitholdings	No. of Unitholders	%	No. of Units	%
1 - 99	95	0.61	3,630	0.00
100 - 1,000	705	4.51	549,597	0.02
1,001 - 10,000	7,544	48.27	43,763,931	1.94
10,001 - 1,000,000	7,229	46.25	384,967,553	17.07
1,000,001 and above	57	0.36	1,826,535,962	80.97
Total	15,630	100.00	2,255,820,673	100.00

Location of Unitholdings

Country	No. of Unitholders	%	No. of Units	%
Singapore	14,897	95.31	2,215,200,870	98.20
Malaysia	570	3.65	34,560,703	1.53
Others	163	1.04	6,059,100	0.27
Total	15,630	100.00	2,255,820,673	100.00

Twenty Largest Unitholders

No.	Name	No. of Units	%
1	Raffles Nominees (Pte.) Limited	880,085,015	39.01
2	Citibank Nominees Singapore Pte Ltd	327,907,552	14.54
3	DBS Nominees (Private) Limited	196,544,389	8.71
4	HSBC (Singapore) Nominees Pte Ltd	74,972,978	3.32
5	DBSN Services Pte. Ltd.	63,964,908	2.84
6	YTL Starhill Global REIT Management Limited	57,354,795	2.54
7	OCBC Securities Private Limited	30,983,506	1.37
8	United Overseas Bank Nominees (Private) Limited	21,193,363	0.94
9	CGS-CIMB Securities (Singapore) Pte. Ltd.	19,716,743	0.87
10	Maybank Securities Pte. Ltd.	11,503,615	0.51
11	OCBC Nominees Singapore Private Limited	11,186,270	0.50
12	Phillip Securities Pte Ltd	10,872,185	0.48
13	iFAST Financial Pte. Ltd.	7,935,593	0.35
14	Soon Li Heng Civil Engineering Pte Ltd	7,300,994	0.32
15	ABN AMRO Clearing Bank N.V	6,841,048	0.30
16	BNP Paribas Nominees Singapore Pte. Ltd.	6,415,097	0.28
17	KGI Securities (Singapore) Pte. Ltd.	6,092,369	0.27
18	UOB Kay Hian Private Limited	5,533,064	0.25
19	Soh Peng Seah	5,000,000	0.22
20	DB Nominees (Singapore) Pte Ltd	4,837,355	0.21
Total		1,756,240,839	77.83

Substantial Unitholdings

As at 24 August 2023

Name	Direct Interest		Deemed Interest
	No. of Units	% (1)	No. of Units	% (1)	Total No. of Units	% (1)
Starhill Global REIT Investments Limited	539,840,000(2)	23.93	-	-	539,840,000	23.93
YTL Cayman Limited	18,000,000(3)	0.80	597,194,795(4)	26.47	615,194,795	27.27
YTL Corporation Berhad	210,195,189(5)	9.32	643,180,963(6)	28.51	853,376,152	37.83
Yeoh Tiong Lay & Sons Holdings Sdn Bhd	-	-	853,376,152(7)	37.83	853,376,152	37.83
Yeoh Tiong Lay & Sons Family Holdings Limited	-	-	853,376,152(7)	37.83	853,376,152	37.83
Yeoh Tiong Lay & Sons Trust Company Limited	-	-	853,376,152(7)	37.83	853,376,152	37.83
Puan Sri Datin Seri Tan Kai Yong @ Tan Kay Neong	-	-	853,376,152(7)	37.83	853,376,152	37.83

Notes:

• The percentage interest is based on total issued Units of 2,255,820,673 as at 24 August 2023.
• This relates to the 539,840,000 Units held through nominee, Raffles Nominees (Pte.) Limited.
• This relates to the 18,000,000 Units held through nominee, Raffles Nominees (Pte.) Limited.
• Deemed interest in 539,840,000 Units held by Starhill Global REIT Investments Limited (“SGRIL”) and 57,354,795 Units held by YTL Starhill Global REIT Management Limited (“YSGRM”).
• This relates to 210,195,189 Units held through nominee, Raffles Nominees (Pte.) Limited.
• Deemed interest in 539,840,000 Units held by SGRIL, 18,000,000 Units held by YTL Cayman Limited, 57,354,795 Units held by YSGRM and 27,986,168 Units held by Business & Budget Hotels (Penang) Sdn Bhd (“BBHP”).
• Deemed interest in 210,195,189 Units held by YTL Corporation Berhad, 539,840,000 Units held by SGRIL, 18,000,000 Units held by YTL Cayman Limited, 57,354,795 Units held by YSGRM and 27,986,168 Units held by BBHP.

Unitholdings Of The Directors Of The Manager

As at 21 July 2023

Name Of Director	Direct Interest		Deemed Interest
	No. of Units	% (1)	No. of Units	% (1)
Tan Sri (Sir) Francis Yeoh	-	-	-	-
Ho Sing	150,000	- (2)	-	-
Dato' Yeoh Seok Kian	-	-	-	-
Tan Bong Lin	-	-	-	-
Ching Yew Chye	-	-	-	-
Tan Woon Hum	-	-	-	-
Yeoh Pei Nee(3)	-	-	-	-

Notes:

• The percentage interest is based on total issued Units of 2,254,288,304 as at 21 July 2023.
• Less than 0.01%.
• Alternate Director to Dato' Yeoh Seok Kian.

Free Float

Under Rule 723 of the listing manual of SGX-ST, a listed issuer must ensure that at least 10% of its listed securities are at all times held by the public. Based on information made available to the Manager as at 24 August 2023, approximately 62% of the Units were held in the hands of the public. Rule 723 of the listing manual of the SGX-ST has accordingly been complied with.