Corporate Structure & Legal Documentation

This section describes the legal paperwork that will follow once you set your eyes on a property and make a decision to invest

Holding Co

Starting at the top, the Group’s holding company (“Holding Co”) will be incorporated in the British Virgin Islands (“BVI”) and will hold full equity ownership in all subsidiaries.

Platform Co

A separate BVI entity (“Platform Co”) will be incorporated to act as the operator of the TRL platform (“Platform”) and issuer of the $TRLCO tokens.

Additional Companies

Setting up separate operations/tech companies in Singapore and the United States Of America (“US”) is tax and funding motivated. These companies will develop the technology for the Platform and the Group’s intellectual property (“IP”) be held by one of those entities.

Token SPVs

In respect of the tokenization structure for the various $TRLX tokens, the structure is that:

(a) Properties in each jurisdiction will be owned by a local special purpose vehicle (“SPV”) in that same jurisdiction (“Local SPV”);

(b) Each Local SPV will then be fully owned by an offshore SPV (“Offshore SPV”);

(c) Each Offshore SPV will be tokenized and act as the issuer of their respective $TRLX tokens.