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STATISTICS OF UNITHOLDINGS Substantial Unitholders as at 13 May 2010 Direct Interest Percentage (%) Deemed Interest Percentage (%) Ascendas Land (Singapore) Pte Ltd 359,706,000 19.2 - - Ascendas Pte Ltd (1) - - 387,796,667 20.7 Jurong Town Corporation (1) - - 387,796,667 20.7 ING Groep N.V. (2) - - 126,856,705 6.8 ING Clarion Real Estate Securities LLC (3) - - 121,933,897 6.5 Note: 1 Ascendas Pte Ltd and Jurong Town Corporation are deemed to be interested in the units held by Ascendas Land (Singapore) Pte Ltd and Ascendas Funds Management (S) Limited. 2 ING Groep N.V. is the holding company of several subsidiaries that engage in investment management activities. ING Clarion Real Estate Securities LLC, being the largest subsidiary, manages accounts for a variety of institutional investors. 3 ING Clarion Real Estate Securities LLC is a US-registered investment adviser. Its deemed interest is derived primarily from its authority to buy and sell shares for institutional investors whose accounts they manage. UnitholdINGS of the Directors of the Manager as at 21 April 2010 Size of holdings Direct Interest Deemed Interest Mr David Wong Cheong Fook 128,000 - Ms Chong Siak Ching 186,000 171,000 Mr Joseph Chen Seow Chan 100,000 - Mr Chia Kim Huat - - Mr Koh Soo Keong - - Mr Henry Tan Song Kok - - Mrs Monica Tomlin - - Mr Tan Ser Ping - - 160 Ascendas real estate investment trust
ADDItional information Interested party transactions Transactions entered into with related parties during the financial year falling within the Listing Manual of the SGX-ST and the CIS are as follows: Name of interested party Aggregate value of all interested party transactions during the financial period under review (excluding transactions less than $100,000) $’000 JTC Corporation – Land rent 19,290 – Licence fees paid for development projects 560 Ascendas Pte Ltd and its subsidiaries – Property service fees 16,788 – Service charge and reimbursables 4,247 – Management fees 23,421 (1) – Acquisition fees 1,310 (2) – Development management fees 4,639 (3) – Acquisition of properties 116,000 – Carpark income (2,673) – Marketing fees paid during the year 4,340 HSBC Institutional Trust Services (Singapore) Ltd – Trustee fees 1,408 Total 189,330 (1) The Manager’s Fee comprises: (i) a base management fee of 0.5% per annum of the Deposited Property. With effect from 19 November 2007, the Manager has elected to receive 20% of the base management fee in units and 80% in cash for all properties (ii) an annual performance fee (2010: Nil and 2009: paid in cash) of: • 0.1% per annum of the Deposited Property, provided that the annual growth in distributions per Unit in a given financial year (calculated before accounting for the performance fee in that financial year) exceeds 2.5%; and • an additional 0.1% per annum of the Deposited Property, provided that the growth in distributions per Unit in a given financial year (calculated before accounting for the performance fee in that financial year) exceeds 5.0%. No performance fee was payable for the current financial year. 8th Annual Report FY09/10 161
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8th Annual Report FY09/10 C H A N G
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Changing Times... The implosion of
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About A-REIT Ascendas Real Estate I
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A-REIT’s Competitive Edge Operati
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oct 09 7 19 A-REIT was voted the Wi
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NUMBER OF PROPERTIES IN PORTFOLIO 9
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A-REIT Unit Price Performance FY09/
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8th Annual Report FY09/10 13
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capital structure. A-REIT issued a
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董事会主席献辞变迁
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在这个举步维艰的时
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Portfolio organic growth of 2.9% wa
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was in view of the significant amou
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S$’000 FY09/10 FY08/09 FY07/08 FY
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Sector Revaluation Gain / (Loss) @
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land lease expiry for A-REIT’s po
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Area due for renewal (‘000sf) Ave
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5 6 7 8 5 Mr Koh Soo Keong Independ
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Tan Ser Ping Executive Director Chi
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13 Kathryn Chew 14 Chan Lai Kuan 15
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UNITHOLDERS ASCENDAS FUNDS MANAGEME
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formulate and implement effective m
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North South MRT Line East West MRT
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Hi-Tech Industrial Properties High
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LOGISTICS & DISTRIBUTION CENTRES Wa
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GROSS RENTAL INCOME BY TENANT’S I
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Address Gross Income for FY09/10 (S
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seen since 2003 1 , significantly h
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user high-specs industrial market i
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to S$1.87 per sq ft, while rents fo
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manufacturers anticipates a more fa
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the chance to take part in intercom
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A-REIT was voted Singapore’s 8 th
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A-REIT is externally managed by the
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Executive Committee The Executive C
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Trading Of A-REIT’s Units In gene
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Dealing With INTERESTED Party Trans
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FINANCIAL CONTENTS 100 Report of th
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Statement by the Manager In the opi
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Opinion In our opinion, the financi
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Statement of Total Return Year ende
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Statement of Movements in Unitholde
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Page 121 and 122: Cash Flow Statement Year ended 31 M
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Page 161: STATISTICS OF UNITHOLDINGS Issued a
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Page 167 and 168: HOW TO CONTACT US To find out more
Page 169: Ascendas Real Estate Investment Tru
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