ASCENDAS india trust ANNUAL REPORT 2014/15
The directors of Ascendas Property Fund Trustee Pte. Ltd., the Trustee-Manager of Ascendas India Trust (the “Trustee-Manager”),
are pleased to present their report to the Unitholders of Ascendas India Trust (the “Trust”) and its subsidiaries (together referred
to as the “Group”), together with the audited financial statements of the Group. The audited financial statements comprise the
balance sheets of the Group and the Trust as at 31 March 2015, the consolidated income statement, the consolidated statement of
comprehensive income, the distribution statement, the consolidated statement of changes in unitholders’ funds and the consolidated
statement of cash flows for the financial year then ended, and a summary of significant accounting policies and other explanatory
information.
Directors
The directors of the Trustee-Manager in office at the date of this report are as follows:
Mr Philip Yeo Liat Kok
Mr David Lim Tik En
Mr Michael Grenville Gray
Mr Rakesh Kumar Aggarwal
Mr T.V. Mohandas Pai
Mr Girija Prasad Pande
Mr Ng Eng Leng
Mr Khiatani Manohar Ramesh
Mr Sanjeev Durjhati Prasad Dasgupta (appointed on 1 October 2014)
Arrangements to enable directors to acquire units and debentures
Neither at the end of nor at any time during the financial year was the Trustee-Manager a party to any arrangement whose objective
was to enable any or all directors of the Trustee-Manager to acquire benefits by means of the acquisition of units in, or debentures
of, the Trust.
Directors’ interests in units and debentures
According to the register of directors’ unitholdings and for the purpose of section 76 of the Singapore Business Trusts Act, only
those directors as shown below hold units in or debentures, of the Trust:
Numbers of Units Holding as at
1 April 2014
31 March 2015
Name of Director
Direct
Deemed
Direct
Deemed
Mr Philip Yeo Liat Kok
300,000
–
300,000
–
Mr David Lim Tik En
150,000 210,000 150,000 210,000
Mr Michael Grenville Gray
200,000
–
200,000
–
Mr Rakesh Kumar Aggarwal
–
5,000
–
5,000
Mr Girija Prasad Pande
27,000
–
27,000
–
There was no change in any of the above-mentioned interests in the Trust between the end of the financial year and 21 April 2015.
Except as disclosed in this report, no director who held office at the end of the financial year had interests in units, unit options,
warrants or debentures of the Trust, or of related corporations, either at the beginning of the financial year, or date of appointment
if later, or at the end of the financial year.
R E P O R T O F T H E T R U S T E E - M A N A G E R
For the financial year ended 31 March 2015
