Annual Report 2007 - The Link REIT

60 The Link Real Estate Investment Trust Annual Report 2007
Corporate Governance Report
During the year under review, the Nomination Committee has performed the following tasks:
i) reviewed and considered the proposed appointment of new Directors for approval by the Board; and
ii)
provided recommendations on persons for re-appointment as Directors to the Board for re-election by unitholders.
The attendance record of the Nomination Committee is as follows:
NOMINATION COMMITTEE Year ended 31 March 2007 Year ending 31 March 2008 #
Number of meetings held 2 1
Members
Nicholas Robert SALLNOW-SMITH (1) (Chairman) n/a 1/1
Paul CHENG Ming Fun (2) (Ex-Chairman) 2/2 n/a
Michael Ian ARNOLD 1/2 1/1
Anthony CHOW Wing Kin (3) 2/2 1/1
Harry LEE Nai Shee 2/2 1/1
Victor SO Hing Woh 2/2 1/1
# Meetings held in thefinancial year to date
(1) Mr Nicholas Robert SALLNOW-SMITH was appointed as the Chairman of the Nomination Committee with effect from 1 April 2007
(2) Mr Paul CHENG Ming Fun retired as the Chairman of the Nomination Committee with effect from 1 April 2007
(3) Mr Anthony CHOW Wing Kin was appointed as a member of the Nomination Committee with effect from 22 May 2006
Disclosures Committee
The Disclosures Committee comprises five members with two Independent Non-Executive Directors, one Non-Executive
Director, the Chief Executive Officer and the Chief Financial Officer. On 1 April 2007, Mr Nicholas Robert SALLNOW-SMITH,
Chairman of the Manager was appointed as Chairman of the Committee to replace Mr Paul CHENG Ming Fun who retired with
effect from 1 April 2007. Under its terms of reference, the Disclosures Committee is responsible for reviewing information for
disclosure to unitholders such as annual reports, semi-annual reports and circulars and the dissemination of information to the
public such as press releases containing financial information and public announcements and ensuring their accuracy, clarity,
completeness and currency. It is also responsible for reviewing periodic and current reports, proxy statements and statutory
filings with regulatory bodies. The Committee is required to meet at least four times a year and to report back to the Board on
its decisions and progress on a regular basis as determined by the Committee and approved by the Board.
During the year under review, the Disclosures Committee has performed the following tasks:
i) reviewed and considered the accuracy and completeness of the annual and interim reports of The Link REIT and to
ensure compliance with applicable legal and regulatory requirements;
ii)
reviewed and considered the accuracy and clarity of results announcements, other public announcements and circulars
to unitholders issued by the Manager on behalf of The Link REIT;