News Release

New Subsidiary

The Board of Directors of Banyan Tree Holdings Limited wishes to announce that its wholly-owned subsidiary, Banyan Tree Dunhuang (S) Pte. Ltd. has incorporated a wholly-owned subsidiary, Dunhuang Banyan Tree Hotel Company., Ltd ("DBT").

DBT, which was incorporated in the People's Republic of China, has a registered capital of US$10,000,000 and an initial paid-up capital of US$1,000,000. The principal activity of DBT is to develop, own and operate hotels and resorts in the People's Republic of China.

  • Jane Teah
  • Company Secretary
  • 21 May 2008

  • DBS Bank Ltd and UBS AG, acting through its business group, UBS Investment Bank, were the joint global co-ordinators and bookrunners of the initial public offering of the shares in Banyan Tree Holdings Limited.