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Notes to the Consolidated Financial Statements31 December 2024132ADVANCING AHEADNamePlace of incorporation/principal country ofoperation/office anddate of incorporationIssued ordinary/registered sharecapitalPercentage of equity attributable to the CompanyPrincipal activitiesDirectIndirectESR HK Management LimitedCayman Islands 29 June 2018US$100100%Investment holdingESR Asset Management (Holdings) LimitedAustralia 3 May 2000A$91,370,01295.5%Investment andmanagementESR Sachiura 3 TMKJapan 11 January 2019JPY5,894,700,000100%Asset holdingESR Sachiura 4 TMKJapan 11 January 2019JPY6,390,800,000100%Asset holdingRW Investor (Kuki) Ltd.Cayman Islands 11 April 2016US$1100%Investment holdingESR Queensland Hold TrustAustralia 29 June 2018N/A95.5%Investment holdingdiscretionary trustESR India Investment Holdings Pte. Ltd.Singapore 8September2017S$1100%Investment holdingKendall Square REIT Management, Inc.South Korea 28 May 2020KRW8,000,000,000100%Investment andmanagementDaisy Offshore Holdings (BVI) LimitedBVI 29 May 2019US$1100%Investment andmanagementSuzhou Yihao Warehouse Services Co.,Ltd.China 23 November 2018US$60,000,000100%WarehousingbusinessChengdu Yijing Supply Chain Management Services Co., LtdChina 22 May 2020US$66,000,00051%WarehousingbusinessESR Landmark Pty LtdAustralia 26 March 2021A$492,965,31695.5%Investment holdingESR Co-Invest TrustAustralia 29 June 2018A$810,871,06395.5%Investment holdingESR Development (Australia) Pty LtdAustralia 24 April 2018A$82,941,034.0295.5%Investment andmanagementSuzhou Yixiang Precision Machinery Co.,Ltd.China 4 December 2019USD65,000,000100%WarehousingbusinessShanghai Yizhishang Enterprise Management Services Co., Ltd.China 24 December 2021RMB1,000,000100%Investment andmanagementKunshan Zhongyi Industrial Automation Co., Ltd.China 27September2020RMB 558,000,000100%WarehousingbusinessSuzhou Yixin Equity Investment Partnership (Limited Partnership)China27April2023US$500,000,000100%Investment and managementESR 31 TMKJapan 13 May 2022JPY26,305,000,000100%Asset holdingESR V Investor 5 Pte. Ltd.Singapore 23 June 2022US$1100%Investment holdingSummit Management Singapore Pte. Ltd.Singapore1 November 2023US$100100%Investment and managementESR Asset Management Limited (%u201cESRAM%u201d) (formerly known as ARA Asset Management Limited)Bermuda/Singapore 1 July 2002SGD2,571,943100%Investment holding1.CORPORATE INFORMATION (continued)Information about subsidiaries (continued)