Mr. Chiu is the Chairman of the Manager. He is also the Chairman of ARA Trust Management (Suntec) Limited, the manager of Suntec Real Estate Investment Trust (“Suntec REIT”) which is publicly listed on the SGX-ST and the Chairman of ARA Asset Management (Prosperity) Limited, the manager of Prosperity Real Estate Investment Trust (“Prosperity REIT”), which is publicly listed on the Hong Kong Stock Exchange.
Mr. Chiu is also an Executive Director of Cheung Kong (Holdings) Limited (“Cheung Kong”). He joined Cheung Kong in 1997 and has been an Executive Director since 2000, heading the real estate sales, marketing and property management team. He is also a Director of Al Islami Far Eastern Real Estate Fund Limited.

Mr. Chiu has more than 27 years of international experience in real estate in Hong Kong as well as other countries and is one of the most respected professionals in the property business in Hong Kong. He is also a financial columnist for two major newspapers in Hong Kong.

Prior to joining Cheung Kong, Mr. Chiu was with Hang Lung Development Company Limited for 15 years from 1979 to 1994 and Sino Land Company Limited for 3 years from 1994 to 1997. He was responsible for retail and commercial leasing as well as property management in those companies.

He holds a Bachelor of Sociology degree and a Bachelor of Economics degree from Trent University in Canada and is a fellow of the Hong Kong Institute of Real Estate Administration. Mr. Chiu is also a member of the Shanghai Committee of The Chinese People’s Political Consultative Conference, The People’s Republic of China.

Mr. Lim is a Director of the Manager. He is also the Group Chief Executive Officer and Director of the ARA Group of companies, including ARA Trust Management (Suntec) Limited, the manager of Suntec REIT, ARA Asset Management (Prosperity) Limited, the manager of Prosperity REIT and Am ARA REIT Managers Sdn Bhd, the manager of AmFIRST Real Estate Investment Trust, which is publicly listed on the main board of Bursa Malaysia Securities Berhad.

Mr. Lim has over 26 years of experience in real estate. From 1997 to 2002, Mr. Lim was an Executive Director of GRA (Singapore) Private Limited (“GRA”), which is a wholly owned subsidiary of Prudential (US) Real Estate investors. From 1996 to 1997, prior to joining GRA he was the Founder and Managing Director of The Land Managers, a Singapore-based property and consulting firm specialising in feasibility studies, marketing and leasing management in Singapore, Hong Kong and China. Mr. Lim was also the General Manager of Singapore Labour Foundation Management Services Pte Ltd for 5 years from 1991 to 1995. Mr. Lim worked for DBS Land Limited (now known as CapitaLand Limited after its merger with Pidemco Land Pte Ltd), a public listed Singapore-based real estate development and investment company for 10 years from 1981-1990.

Mr. Lim holds an Engineering degree (First Class Honours), a Master of Science degree as well as a Diploma in Business Administration from the National University of Singapore. He sits on the board of Teckwah Industrial Corporation Ltd (as an independent director and a member of the audit committee) and Inter-Roller Engineering Limited, both of which are public listed companies in Singapore. He is also the Vice President of Hong Kong Singapore Business Association.

Mr. Ip is a Director of the Manager. He is also a Director of ARA Trust Management (Suntec) Limited, the manager of Suntec REIT. Mr. Ip has been an Executive Director of Cheung Kong since 1993 and Deputy Managing Director since 2005, responsible for the finance department overseeing all financial and treasury functions of Cheung Kong and its subsidiaries, particularly in the field of corporate and project finance. He has been an Executive Director of Cheung Kong Infrastructure Holdings Limited (“CK Infrastructure”) since its incorporation in May 1996 and Deputy Chairman since February 2003, and the Senior Vice President and Chief Investment Officer of CK Life Sciences Int’l., (Holdings) Inc. (“CK Life Sciences”) since June 2002, overseeing the corporate finance, strategic acquisition and investment of both companies. He is also a Non-Executive Director of Tom Group Limited.

Prior to joining Cheung Kong, he held a number of senior financial positions in major financial institutions and acquired over 17 years of experience in the Hong Kong financial market covering diverse activities such as banking, capital market, corporate finance, securities brokerage and portfolio investments.

He holds a Bachelor of Arts degree in Economics and a Master of Science degree in Business Administration from the University of British Columbia.

Ms. Yeung is a Director of the Manager. She is also Director, Corporate Strategy Unit and Company Secretary of Cheung Kong, &and the Company Secretary of CK Infrastructure and CK Life Sciences.
Ms. Yeung joined Cheung Kong in 1994. She advises the Board on corporate strategy, and currently heads the corporate legal and secretarial team that oversees listing and regulatory compliance and corporate and commercial legal work of the above listed groups.

Ms. Yeung has extensive legal and corporate secretarial experience. Her experience covers many areas of law including corporate finance, general commercial, property development, finance, securities, tax and trust, joint ventures, intellectual property and employment. She has provided professional advice and support to the legal and regulatory aspects of significant corporate exercises of Cheung Kong and its subsidiaries such as the listing of CK Infrastructure in 1996, the restructuring of the Cheung Kong and its subsidiaries in 1997 which involved a total of four listed companies, the listing of CK Life Sciences in 2002, CK Infrastructure’s acquisition of the North of England Gas Distribution Network in 2004 and disposal of CK Infrastructure’s interest in Australian power distribution assets to the Spark Infrastructure Group Fund in 2005, CK Life Sciences’ various strategic acquisitions from 2004 to 2006 in Australia, Canada and the United States, the listing of Prosperity REIT in Hong Kong in 2005 and the Cheung Kong’s strategic investment in Bank of China in its IPO on the Main Board of The Stock Exchange of Hong Kong Limited in June 2006.

Prior to joining Cheung Kong, she was in private practice at the law firms of Messrs. Robert W.H. Wang & Co (now known as Robert Wang Solicitors) and Deacons for a total of 10 years from 1984 to 1994 where she handled a wide spectrum of corporate and commercial legal work. Ms. Yeung has been a solicitor of the High Court of the Hong Kong Special Administrative Region (“HKSAR”) from 1986 and of the Supreme Court of Judicature in England and Wales from 1990.

Ms. Yeung holds a Bachelor of Laws degree from the University of Hong Kong, and a Master of Science degree in Business Administration and a Master’s degree in Finance from The Chinese University of Hong Kong. Ms. Yeung is a fellow member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators. She is a Part-time Member of the Central Policy Unit of the HKSAR Government (2005, 2006 and 2007), and a member of the Companies Ordinance Rewrite Advisory Group.

Mr. Lim is a Director and Chairman of the Audit Committee of the Manager. He is currently a senior partner of RSM Chio Lim, a member firm of RSM International. Mr. Lim is also an Independent Director of Teckwah Industrial Corporation Ltd (“Teckwah”), Datapulse Technology Limited (“Datapulse”), Tye Soon Ltd, Europtronic Group Ltd (“Europtronic”) and ARA Trust Management (Suntec) Limited, the manager of Suntec REIT. He also serves as the Chairman of the audit committees of Teckwah, Datapulse and Europtronic.

Mr. Lim is also a practicing member of the Institute of Certified Public Accountants of Singapore, an associate member of the Institute of Chartered Secretaries and Administrators and a member of the Singapore Institute of Directors.

Mr. Lim graduated from the Nanyang University of Singapore with a Bachelor of Commerce (Accountancy) in May 1980. He also has a Master of Business Administration degree from the University of Hull (1992), a Diploma in Business Law from the National University of Singapore (1989) and an ICSA qualification from the Institute of Chartered Secretaries and Administrators.

Mr. Cheng is a Director and member of the Audit Committee of the Manager. He is the Senior Partner of the law firm of Messrs. P.C. Woo & Co. and also serves as an independent Non-Executive Director of a number of companies whose shares are listed on The Stock Exchange of Hong Kong Limited. Between 1991 and 1995, he was appointed and served as a member of the Legislative Council of Hong Kong. In recognition of his public services, he was awarded an OBE by Her Majesty the Queen of the United Kingdom and appointed a Justice of Peace by the Hong Kong Government in 1997. He was also awarded the Gold Bauhinia Star medal by the Hong Kong Special Administrative Region Government in 2003.

Mr. Cheng has been actively participating in community services. At the moment, he is the Chairman of the Betting and Lotteries Commission and the Citizens Advisory Committee on Community Relations of the ICAC. He is also a Director of the Hong Kong Exchanges and Clearing Limited. He is also the Deputy Chairman of the Council of the Hong Kong Academy for Performing Arts and a member of the Advisory Committee on Corruption of the ICAC, the Financial Reporting Council, the Executive Committee of the Commission on Strategic Development and the Aviation Development Advisory Committee. He is the Founder Chairman of The Hong Kong Institute of Directors of which he is now the Honorary President and Chairman Emeritus. In addition, he is an active Rotarian and served as District Governor of Rotary International District 3450 from 1993 to 1994. Further, he is also an active member of the Anglican Church and is the Chancellor of the Province of the Hong Kong Sheng Kung Hui.

Mr. Cheng holds a Bachelor of Laws from the University of Hong Kong and a Post-Graduate Certificate in Laws from the University of Hong Kong.

Mrs. Sng is a Director and member of the Audit Committee of the Manager. Mrs. Sng, who has been appointed as Non-Executive Independent Director and member of the Audit Committee of Cheung Kong Infrastructure Limited, is also an Independent Director of ARA Trust Management (Suntec) Limited, the manager of Suntec REIT and ARA Asset Management (Prosperity) Limited, the manager of Prosperity REIT. Currently, she is the Senior Consultant (International Business) of Singapore Technologies Electronics Ltd and Advisor of InfoWave Pte Ltd.

Prior to her appointments with Singapore Technologies Pte Ltd, where she was Director, Special Projects for North East Asia during 2000-2001, Mrs. Sng was the Managing Director of CapitaLand Hong Kong Ltd for investment in Hong Kong and the region including Japan and Taiwan. In Hong Kong from 1983 to 1997, Mrs. Sng was the Centre Director and then Regional Director of the Singapore Economic Development Board and Trade Development Board respectively. She was Singapore’s Trade Commissioner in Hong Kong from 1990 to 1997.

Mrs. Sng, with a Bachelor of Arts degree from the Nanyang University of Singapore, has wide experience in various fields of industrial investment, business development, strategic and financial management, especially in property investment and management. In 1996, Mrs. Sng was conferred the title of PPA (P) – Pingat Pentadbrian Awam (Perak) and the Singapore Public Administration Medal (Silver).