Additional
Information
RELATED PARTY TRANSACTIONS
The transactions entered into with related parties during the financial year and which fall within the Listing Manual of the
SGX-ST and the Property Funds Appendix are:
Name of related party
Aggregate value of all related party transactions
during the financial year under review
(excluding transactions less than $100,000)
$’000
Parkway Hospitals Singapore Pte Ltd
– Property rental income
64,668
Gleneagles Hospital (Kuala Lumpur) Sdn Bhd
– Property rental income
387
Parkway Trust Management Limited
– Manager’s management fees
9,294
– Manager’s acquisition fees
876
– Travelling expenses reimbursed to the Manager
371
HSBC Institutional Trust Services (Singapore) Limited
– Trustee’s fees
290
Except as disclosed above, there were no additional related party transactions (excluding transactions of less than
$100,000 each) entered into up to and including 31 December 2015.
Out of the travelling expenses reimbursed to the Manager, non-deal roadshow expenses of $44,000 were incurred during
the financial year.
Please also see Significant Related Party Transactions in Note 23 to the financial statements.
Rules 905 and 906 of the Listing Manual are not applicable if such related party transactions are made on the basis of,
and in accordance with, the terms and conditions set out in the Parkway Life REIT prospectus dated 7 August 2007, and
therefore would not be subjected to Audit Committee review/approval.
ParkwayLife REIT
Annual Report 2015
144
