Hiew Yoon Khong is CEO of Mapletree Investments, the property arm of the government-owned Temasek Holdings. Mapletree hit the headlines several times in 2013, most significantly when it made waves with the listing of its fourth REIT, Mapletree Greater China Commercial Trust. Singapore's first REIT with commercial properties focused in China and Hong Kong, MGCCT ended up 30 times oversubscribed, and debuted almost 11 percent above its $0.93 IPO price. The REIT helped boost Mapletree's full-year earnings for the year ended March 31 — net profit soared 49 percent to a record $931.7 million on-year, on a 19.5 percent increase in revenue to $686.3 million. Total assets under management was reported at nearly 10 percent higher at $21.8 billion. The group scored again in September when it announced the final closing of its private real estate fund, Mapletree China Opportunity Fund II, at approximately $1.77 billion, well above its initial target of $1.27 billion.