Annual Report 2007 - The Link REIT

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The Link Real Estate Investment Trust Annual Report 2007
Corporate Governance Report
iii)
unitholders cannot vote on business in which they have a material interest which is different from the interests of other
unitholders and cannot be counted in the quorum;
iv)
the Manager is a dedicated manager to The Link REIT and does not manage any other real estate investment trusts; and
v) all connected party transactions will be managed in accordance with the procedures set out in the REIT Code, the
compliance manual, the Memorandum and Articles of Association of the Manager and other relevant policies and
guidelines issued and adopted by The Link REIT.
Major Customers and Suppliers
The percentages of the five largest customers combined and the five largest suppliers combined are less than 30% of the
Group’s total turnover and purchases, respectively.
Unitholders Information
As at 31 March 2007, an analysis of the unitholders of The Link REIT is as follows:
Range of Units Held Number of Holders Number of Units Percentage
0-1,000 12,652 9,460,500 0.44%
1,001-5,000 17,258 37,065,000 1.74%
5,001-10,000 738 5,163,000 0.24%
10,001-100,000 232 5,392,000 0.25%
100,001 or over 9 2,080,373,500 97.33%
Total 30,889 2,137,454,000 100.00%
Compliance
During the year ended 31 March 2007, the Manager and The Link REIT has complied with the provisions of the REIT Code
published by the SFC, the relevant provisions of the SFO, the relevant sections of the Listing Rules, the Trust Deed and
the requirements and procedures laid down in the compliance manual of the Manager adopted for use in relation to the
management of The Link REIT. The Board has reviewed and accepted the quarterly compliance reports which were examined
and endorsed by the Audit Committee.
The Manager and The Link REIT have also met the code provisions as set out in the Code on Corporate Governance Practices
contained in Appendix 14 to the Listing Rules, where appropriate.
Public Float
As far as the Manager is aware, more than 25% of the issued and outstanding units of The Link REIT were held in public hands
as at 31 March 2007.