Page 187 - ar2012

(2)An acquisition fee of 1.0% of the purchase price of investment property acquired by the Trustee on behalf of the Trust.
(3)Development management fee, not exceeding 3.0% of the total project cost incurred in development projects undertaken by the
Trust. In cases where the market pricing for comparables services is materially lower, the Manager will reduce the development
management fees to less than 3.0%. In addition, when the estimated total project cost is greater than $100.0 million, the Trustee and
the Manager’s independent directors will frst review and approve the quantum of the development management fee.
Please also see Signifcant Related Party Transactions in Note 30 to the fnancial statements.
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 March 2012.
Confrmation in writing was obtained from Singapore Exchange Limited (“SGX”) that Rule 905 and 906 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 A-REIT prospectus dated 5
November 2002 and therefore would not be subjected to Audit Committee approval.
Listing of A-REIT new units
An aggregate of 210.8 million new Units were issued during the year bringing the total number of Units on issue to 2,085.1 million as at 31
March 2012.
ADDITIONAL INFORMATION
187
A DECADE OF ENABLING BUSINESSES