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News Release


Acquisition Of A New Wholly-Owned Subsidiary



The Board of Directors of Banyan Tree Holdings Limited wishes to announce that its wholly-owned subsidiary, Banyan Tree China Holdings Pte. Ltd., has acquired a newly incorporated Cayman subsidiary, known as "Sanctuary Dunhuang (Cayman) Limited" ("SDCL").


SDCL has an authorized share capital of US$50,000.00 and its principal activity is that of an investing holding company.



By Order of the Board



  • Jane Teah
  • Company Secretary
  • 29th October 2008