Page 76 - ar2012

74
Cambridge Industrial Trust • Annual Report 2012
Report of The
Trustee
RBC Investor Services Trust Singapore Limited (the “Trustee”) is under a duty to take into custody and hold the
assets of Cambridge Industrial Trust (“CIT”) and its subsidiary (the “Group”) in trust for the holders (“Unitholders”)
of units in CIT (the “Units”). In accordance with the Securities and Futures Act (Cap. 289), its subsidiary legislation
and the Code on Collective Investment Schemes issued by the Monetary Authority of Singapore (“MAS”) and the
Listing Manual (collectively referred to as the “laws and regulations”), the Trustee shall monitor the activities of
Cambridge Industrial Trust Management Limited (the “Manager”) for compliance with the limitations imposed on
the investment and borrowing powers as set out in the trust deed dated 31 March 2006 (as amended) between the
Trustee and the Manager (the “Trust Deed”) in each annual accounting year and report thereon to Unitholders in an
annual report which shall contain the matters prescribed by the laws and regulations as well as the recommendations
of Statement of Recommended Accounting Practice 7 (Reporting Framework for Unit Trusts) issued by the Institute
of Certified Public Accountants of Singapore and the provisions of the Trust Deed.
To the best knowledge of the Trustee, the Manager has, in all material respects, managed CIT during the year
covered by these financial statements, set out on pages 77 to 137 comprising the Statement of Financial Position,
Statement of Total Return, Distribution Statement, Statement of Movements in Unitholders’ Funds, Portfolio Statement
and Statement of Cash Flows of CIT for the year then ended in accordance with the limitations imposed on the
investment and borrowing powers set out in the Trust Deed, laws and regulations and otherwise in accordance
with the provisions of the Trust Deed.
For and on behalf of the Trustee,
RBC Investor Services Trust Singapore Limited
Diana Senanayake
Managing Director
Singapore
12 March 2013