Page 68 - ar2012

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ParkwayLife REIT
Annual Report FY2012
66
Corporate Governance
If a member of the Audit Committee has an interest in a transaction, he or she is to abstain from participating in the review
and approval process in relation to that transaction.
COMMUNICATION WITH UNITHOLDERS
The Listing Manual of the SGX-ST requires that a listed entity discloses to the market matters that would likely have a material
effect on the price of the entity’s securities. The Manager upholds a strong culture of continuous disclosure and transparent
communication with Unitholders and the investing community. The Manager’s disclosure policy requires timely and full
disclosure of all material information relating to PLife REIT by way of public releases or announcements through the SGX-ST
via SGXNET at frst instance and then including the release on PLife REIT’s website at www.plifereit.com.
The Manager also conducts regular briefngs for analysts and media representatives. During these briefngs, the Manager
will review PLife REIT’s most recent performance as well as discuss the business outlook for PLife REIT. In line with the
Manager’s objective of transparent communication, briefng materials are released to the SGX-ST and also made available
on PLife REIT’s website.
It is the aim of the Board to provide the Unitholders with a balanced and comprehensive assessment of PLife REIT’s
performance, position and prospects. The Unitholders are encouraged to attend annual general meeting (“
AGM
”) of PLife
REIT to ensure a high level of accountability and to stay informed of the strategies and goals of PLife REIT. The chairpersons
of the Audit Committee and/or the Remuneration Committee and external auditors should, where possible, also be present
to assist the directors in addressing any relevant queries by Unitholders.
The notice of AGM is dispatched to the Unitholders in the manner set out in the Listing Manual. The Board welcomes
questions from the Unitholders who have an opportunity to raise issues either informally or formally before or at the AGM.
Each item of special business included in the notice of AGM is accompanied, where appropriate, by an explanation for
the proposed resolution. Separate resolutions are prepared for substantially separate issue at the AGM.
The resolutions
approved in the AGM will be announced on or after the day AGM is held.
As encouraged by SGX-ST and in support of the greater transparency of voting in AGM and good corporate governance,
the Manager has employed electronic polling since the last AGM whereby all resolutions are voted by poll and detailed
results showing the number of votes cast for and against each resolution and the respective percentage are published at the
meeting. The votes cast by each Unitholder are in direct proportion to their respective unitholdings in PLife REIT.