issues a detailed announcement of the poll results (both in
absolute numbers and percentages of votes cast for and
against a resolution) on SGX-ST’s website after the close of the
general meeting.
The Company Secretary prepares minutes of Unitholders’
meetings, which incorporate substantial comments or
queries from Unitholders and responses from the Board and
Management. These minutes are available to Unitholders upon
request in writing.
(E) ADDITIONAL INFORMATION
Dealings in Units
The Trust has adopted a trading policy based on SGX-ST’s
best practices on dealings in securities. Directors
and employees of the Trustee-Manager and
relevant employees of the Trustee-Manager’s
related corporations have been informed about the
prohibition from dealing in the Units as follows:
• During the period commencing one month before the public
announcement of the Trust’s annual financial results and
two weeks before the public announcement of the Trust’s
quarterly financial results, and ending on the date
of announcement of the relevant results; and
• At any time while in possession of price sensitive
information.
The policy also discourages trading on short-term
considerations.
Each director of the Trustee-Manager is required to give notice
in writing to the Trustee-Manager of his acquisition of Units
or changes to the number of Units held in his interests, within
two business days after such director is appointed or upon the
occurrence of any of the aforesaid events.
All dealings in Units by directors will be announced via
SGXNET, with the announcement to be posted on the internet
on SGX-ST’s website
and the
Trust’s website
.
In addition, the Trustee-Manager will announce to the SGX-ST
the particulars of its holdings in the Units and any changes
thereto, by the end of the business day following the day on
which it acquires or disposes of any Units.
C o r p o r a t e g o v e r n a n c e
ASCENDAS india trust ANNUAL REPORT 2014/15
