The Manager’s disclosure policy requires the timely and full disclosure of all material information relating
to the Trust by way of public releases or announcement through the SGX-ST via SGXNET at first instance
and subsequently, by way of release on the website at
. The Manager clearly
communicates its current policy of distributing 100% of its distributable income to Unitholders.
The Manager conducts regular briefings for analysts which will generally coincide with the release of the Trust’s
quarterly results. The IR team utilises its website as a means of providing information to the Unitholders and
the broader investment community. News releases, investor presentations and quarterly and full year financial
results are available on the website immediately after they have been released to the market.
More details on investor relations activities and efforts are found on page 19 of this Annual Report.
CONDUCT OF SHAREHOLDER MEETINGS
Principle 16: Companies should encourage greater shareholder participation at general meetings of
shareholders, and allow shareholders the opportunity to communicate their views on various matters
affecting the company.
The Manager welcomes active Unitholder participation at the AGM. It believes that AGMs serve as an
opportune forum for Unitholders to meet the Board and senior management and to communicate their views.
The Manager has implemented the system of voting by poll at its AGMs. Results of each resolution put to
vote at the AGM are announced with details of percentages in favour and against. Separate resolutions are
proposed for substantially separate issues at the meetings. Unitholders may also appoint up to two proxies to
attend and vote in his/her stead.
The Chairman of the Board, the respective Chairman of the Board Committees, management and the external
auditors are present to address Unitholders’ queries at the AGMs.
DEALING IN SECURITIES
The Manager’s Code of Best Practices on Securities Transactions encourages Directors and employees to
hold Units but forbids them to:
• Trade during the blackout period, which commences one month before the announcement of property
valuations, quarterly or annual results to the public and ending on the day of announcement or other
specified date.
• Trade at any time in possession of price sensitive information.
• Communicate price sensitive information to any person as imposed by insider trading laws.
• Trade in Units on short-term considerations.
Directors are also required to disclose their dealings in Units to the Manager within two business days after
such acquisition or occurrence. Announcements via SGXNET will be made.
In addition, the Manager will comply with any relevant disclosure requirements under the SFA. The Manager
has also undertaken that it will not deal in the Units during the period commencing one month before the public
announcement of the Trust’s annual results, quarterly results and (where applicable) property valuations, and
ending on the date of announcement of the relevant results, or the case may be, property valuations.
SABANA REIT
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ANNUAL REPORT 2014
81
