C A M B R I D G E I N D U S T R I A L T R U S T
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Interested Person Transactions (“IPTs”)
The transactions entered into with interested persons (“IPTs”) during the financial year and fall within the Listing Manual
of the SGX-ST (IPTs defined as interested person transactions) and the Property Funds Appendix of the CIS Code (IPTs
defined as interested party transactions) are:
Aggregate value of all IPTs
conducted during the
financial year under review
(excluding transactions
less than $100,000 and
transactions conducted
under Unitholders’ mandate
pursuant to Rule 920)
Aggregate value of all IPTs
conducted under the IPTs’
mandate or Unitholders’
mandate pursuant to Rule
920 (excluding transactions
less than $100,000)
Name of Interested Persons
$’000
$’000
Cambridge Industrial Trust Management Limited
(the Manager)
Management fees paid and payable
– in cash
4,450
–
– in units
2,665
–
Acquisition fee paid
– in cash
162
–
– in units
60
–
Cambridge Industrial Property Management Pte. Ltd.
(Subsidiary of immediate holding company of
the Manager)
Property manager’s fees paid and payable
3,282
–
Lease marketing services commission paid and payable
1,803
–
Project management fees paid and payable
137
–
RBC Investor Services Trust Singapore Limited
(the Trustee)
Trustee fees paid and payable
385
–
National Australia Bank Limited
(Related company of the Manager)
(1)
Loan disbursed
13,125
–
Loan repaid
88,125
–
Interest expense paid and payable
3,753
–
Hedging costs paid/payable on partial unwinding of
interest rate swaps
175
–
Oxley Projects Pte. Ltd.
(Related company of the Manager)
(2)
Acquisition of remaining 40% partnership interest in
Cambridge SPV1 LLP
10,967
–
Except as disclosed above, there were no additional interested person transactions (excluding transactions of less than
$100,000 each) entered into up to and including 31 December 2015.
Note:
(1)
National Australia Bank Limited (“NAB”) which is the ultimate holding company of nabInvest Capital Partners Pty Limited (“nabInvest Capital”) in
Australia, is related to the Manager by virtue of nabInvest Capital‘s indirect equity interest of 56% in the Manager.
(2)
Oxley Projects Pte. Ltd., which is a subsidiary of the Oxley Global Limited (“Oxley Global”), is related to the Manager by virtue of Oxley Global’s
indirect equity interest of 24% in the Manager.
ADDITIONAL INFORMATION
