31
MACQUARIE MEAG PRIME REIT
ANNUAL REPORT 2007
Dealing in MMP REIT Units
The Trust Deed requires each director of the Manager
to give notice to the Manager of his acquisition of units
or of changes in the number of units which he holds or
in which he has an interest, within two business days
after such acquisition or the occurrence of the event
giving rise to changes in the number of units which
he holds or in which he has an interest. All dealings in
units by directors of the Manager will be announced
via SGXNET, with the announcement to be posted on
the internet at the SGX-ST website http://www.sgx.
com. The directors and employees of the Manager are
encouraged, as a matter of internal policy, to hold units
but are prohibited from dealing in the units:
(1) In the period commencing one month before the
public announcement of MMP REIT’s annual
and semi-annual results and (where applicable)
property valuations and two weeks before the public
announcement of MMP REIT’s quarterly results,
and ending on the date of announcement of the
relevant results or, as the case may be, property
valuations; and
(2) At any time while in possession of price sensitive
information. The directors and employees are
advised not to deal in the units on short-term
considerations. In addition, the Manager has given
an undertaking to the MAS that it will announce to
the SGX-ST the particulars of its holdings in
the units and any changes thereto within two
business days after the date on which it acquires
or disposes of any units, as the case may be.
The Manager has also undertaken that it will
not deal in the units in the period commencing
one month before the public announcement of
MMP REIT’s annual and semi-annual results and
(where applicable) property valuations and two
weeks before the public announcement of MMP
REIT’s quarterly results, and ending on the date of
announcement of the relevant results or, as the case
may be, property valuations.
Communication with Unitholders
The SGX-ST listing rules require that a listed
entity discloses to the market matters that could
or might be expected to 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 has
developed a communications policy, the cornerstone
of which is delivery of timely and full disclosure of all
material information relating to MMP REIT by way
of public releases or announcements to the SGX-ST
via SGXNET at first instance and then including the
announcements on MMP REIT’s website at
www.mmpreit.com. MMP REIT’s website contains
recent announcements, press releases, presentations,
past and current reports to Unitholders. The website
also provides visitors with the option of signing up for
a free email alert service on public materials released
by the Manager in relation to MMP REIT. In the
spirit of upholding active and open communication,
the Manager conducts briefings for analysts and media
representatives, which generally coincide with the
release of MMP REIT’s results. During these briefings,
the Manager will review MMP REIT’s most recent
performance as well as discuss the business outlook
for MMP REIT. In line with the Manager’s objective
of transparent communication, briefing materials are
released to the SGX-ST via SGXNET and also made
available on MMP REIT’s website. The Manager also
participates in real estate focused conferences locally
and in the region as part of its efforts to cultivate and
maintain regular contact with investors and analysts
and to build interest in and strengthen the branding
of MMP REIT.