Investment Objective and Policy

AXTRART will invest in high-quality immovable properties and leasehold rights with a focus on the investment in immovable properties of shopping malls, retails, wholesales, department store, and other related properties

so as to be the core assets of AXTRART by means of purchasing and/or leasing and/or subleasing and/or accepting transfer of sub-leasehold rights for the core assets. AXTRART will also aim to procure benefits in the form of rental income and service fees or other incomes of similar nature, as well as improving, changing, developing potentials of and/or disposing of properties so as to generate income and returns for AXTRART for the continuous and long-term benefit of the trust unitholders. Besides, AXTRART intends to make investment in additional assets for the continuous growth of AXTRART’s income base and for the risk diversification through investment in different immovable properties. AXTRART will also invest in other assets and/or securities and/or generate other interests by any other means as prescribed by the securities law and/or other relevant laws.