Notice of Annual General Meeting
(2)
subject to such manner of calculation as may be prescribed by the
SGX-ST, for the purpose of determining the aggregate number of Units
and Instruments that may be issued under sub-paragraph (1) above, the
percentage of issued Units and Instruments shall be based on the total
number of issued Units (excluding treasury Units, if any) at the time of the
passing of this Resolution, after adjusting for:
(a)
any new Units arising from the conversion or exercise of the
Instruments or any convertible securities which are outstanding or
subsisting at the time of the passing of this Resolution; and
(b)
any subsequent bonus issue, consolidation or subdivision of Units;
(3)
in exercising the authority conferred by this Resolution, the Manager shall
comply with the provisions of the Listing Manual of the SGX-ST for the time
being in force (unless such compliance has been waived by the SGX-ST) and
the Trust Deed constituting First REIT (as amended) for the time being in
force (unless otherwise exempted or waived by the Monetary Authority of
Singapore);
(4)
unless revoked or varied by Unitholders in a general meeting of First REIT,
the authority conferred by this Resolution shall continue in force (i) until (a)
the conclusion of the next AGM of First REIT or (b) the date by which the next
AGM of First REIT is required by the applicable laws and regulations or the
Trust Deed to be held, whichever is earlier or (ii) in the case of Units to be
issued in pursuance of the Instruments, made or granted pursuant to this
Resolution, until the issuance of such Units in accordance with the terms of
the Instruments;
(5)
where the terms of the issue of the Instruments provide for adjustment
to the number of Instruments or Units into which the Instruments may be
converted in the event of rights, bonus or other capitalisation issues or any
other events, the Manager is authorised to issue additional Instruments
or Units pursuant to such adjustment notwithstanding that the authority
conferred by this Resolution may have ceased to be in force at the time the
Instruments or Units are issued; and
(6)
the Manager and the Trustee be and are hereby severally authorised to
complete and do all such acts and things (including executing all such
documents as may be required) as the Manager or, as the case may be, the
Trustee may consider expedient or necessary or in the interest of First REIT
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(Please see Explanatory Note)
By Order of the Board
Bowsprit Capital Corporation Limited
as Manager of First Real Estate Investment Trust
Company Registration No. 200607070D
Victor Lai
Susie Low
Company Secretaries
Singapore
1 April 2016
105
FIRST REIT
ANNUAL REPORT 2015
