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| STRATEGIC SHAREHOLDERS |
| Duet Private Equity Ltd
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| Duet is a financial institution specializing in investment opportunities and financial solutions for institutional investors. The company has been an early mover in a number of geographies and asset classes, including real estate investment in India. Over the last five years, the company has structured 14 funds, including 5 emerging market real estate funds. The group manages in excess of USD 2.2 billion. |
 www.duetgroup.net |
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| Forum Asian Realty Income II, L.P. |
| Forum Asian Realty Income II, L.P. is managed by Forum Partners. Forum Partners (and its affiliates) is a global real estate investment management firm with approximately USD 2 billion in capital under management on behalf of institution and individual investors worldwide. Forum Partners specializes in investments in leading and emerging listed and private real estate companies. Since its founding in 2002, Forum Partners has managed investments in over 70 companies in 21 countries in Asia, Europe and North America. Forum has over 70 professionals based in offices in Asia, Europe and North America. |
| www.forumpartners.com |
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| CarVal Investors |
| CarVal Investors is a leader in opportunistic value investing. Founded in 1987 by Cargill, CarVal Investors has acquired more than USD 25 billion in assets in 3,600 transactions. The firm has been a first mover or early entrant across the globe, having invested in 46countries. Today, CarVal Investors manages over USD 16 billion in assets. |
| www.carvalinvestors.com |
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| Kuwait China Investment Company |
| Kuwait China Investment Company is a leading investment house in Kuwait. The company seeks to develop and participate in investment opportunities across Asia, particularly India. Key shareholders include the Kuwait Investment Authority, which oversees USD 100 billion of state assets; National Investments Company, a prominent Kuwaiti investment institution; and Alghanim Industries, one of the largest privately-owned companies in the Gulf region. |
| www.kuwaitchina.com |
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| GEM Realty Capital |
| GEM Realty Capital, Inc. is a Chicago-based real estate investment company founded in 1994. Currently, GEM is investing over USD 360 million of equity commitments on behalf of GEM Realty Fund III, L.P. GEM Realty Capital manages assets on behalf of pension funds, insurance companies, endowments, foundations, and private clients. |
| www.gemrc.com |
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| GSPS Asia Limited |
| The GSPS is a proprietary multi-strategy investment arm, which engages in equity long/short, convertible arbitrage, volatility strategies, distressed and capital structure arbitrage, tactical trading and special situation/event-driven strategies. |
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