Annual Report 2007 - The Link REIT

Annual Report 2007
The Link Real Estate Investment Trust
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Corporate Governance Report
The Manager will continue to participate in roadshows and investors’ conferences to enhance The Link REIT’s relationship with
the investor community and investors’ understanding of The Link REIT’s operations and developments.
The important dates for unitholders in 2007 are set out on page 3 of this Annual Report.
General Meetings
The Link REIT will in each year hold a general meeting as its Annual General Meeting in addition to any other meetings in
that year. The Trustee and the Manager may at any time convene a meeting of unitholders. The Manager will also convene
a meeting if requested in writing by not less than two unitholders registered as together holding not less than 10% of the
issued and outstanding units. Not less than 21 days’ notice of every general meeting will be given to unitholders and the
notice shall specify the place, day and hour of the meeting and the proposed resolutions for consideration at such meeting.
Two or more unitholders present in person or by proxy registered as holding together not less than 10% of the units for the
time being in issue and outstanding shall form a quorum for the transaction of business, except for the purpose of passing a
special resolution. The quorum for passing a special resolution shall be two or more unitholders present in person or by proxy
registered as holding together not less than 25% of the units in issue and outstanding.
Unitholders shall be prohibited from voting their own units at, or being counted in the quorum for, a meeting at which they
have a material interest in the business to be conducted and that interest is different from the interests of other unitholders.
Pursuant to the Trust Deed, the procedure for unitholders to convene and put forward proposals at general meetings is that
two registered unitholders together holding not less than 10% of the units shall have a right to call for a general meeting to
be convened and propose resolutions for consideration by serving a written request to the Manager (for the attention of the
Company Secretary).
At any meeting of unitholders, a resolution put to the meeting shall be decided on a poll and the result of the poll shall be
deemed to be the resolution of the meeting.
The last unitholders’ meeting of The Link REIT was the 2006 Annual General Meeting which was held on 23 August 2006 at
InterContinental Hong Kong, 18 Salisbury Road, Tsimshatsui, Kowloon, Hong Kong. The items discussed at the meeting and the
percentage of votes cast in favour of the resolutions relating to those items are set out below:
i) noting of the auditedfinancial statements of The Link REIT together with the auditors’ report for thefinancial period from
6 September 2005 to 31 March 2006 (no voting required);
ii)
noting of the appointment of auditors of The Link REIT and thefi xing of their remuneration (no voting required);
iii)
re-appointment of Mr Leslie CHAO Tse Hou (92.01%), Mr Anthony CHOW Wing Kin (92.01%), Dr Patrick FUNG Yuk Bun
(92.01%), Mr John HO Chi On (99.99%), Mr Stanley KO Kam Chuen (92.01%) as Directors of the Manager; and
iv) re-election of Mr Michael lan ARNOLD as a Director of the Manager (99.99%).