OUE Commercial REIT - Annual Report 2021
INTERESTED PERSON AND INTERESTED PARTY TRANSACTIONS INTERESTED PERSON AND INTERESTED PARTY TRANSACTIONS Name of interested person/party Aggregate value of all interested person/party transactions during FY2021 (excluding transactions less than S$100,000 and transactions conducted under unitholders’ mandate pursuant to Rule 920) Aggregate value of all interested person/ party transactions conducted under unitholders’ mandate pursuant to Rule 920 (excluding transactions less than S$100,000) Nature of relationship S$’000 S$’000 OUE Limited & its subsidiaries OUE Limited: Controlling shareholder of the Manager and controlling Unitholder of OUE C-REIT Subsidiaries of OUE Limited: Associates of the controlling shareholder of the Manager and controlling Unitholder of OUE C-REIT Gross rental income 68,505 – Carpark income 124 – Manager’s management fee 1 18,249 – Divestment fee 2 3,169 – Property management fee 1 2,438 – Income support arrangements 3 14,995 – Shared services 1 355 – Shared electricity services 1 801 – DBS Trustee Limited (trustee of OUE C-REIT) Trustee of OUE C-REIT (“DBS Trustee”) Trustee’s fee 1 903 – RBC Investor Services Trust Singapore Limited (trustee of OUE Hospitality Sub-Trust) Trustee of OUE Hospitality Sub-Trust (“RBC Trustee”) Trustee’s fee 1 401 – Moolahgo Pte. Ltd. Associate of a controlling shareholder of the Manager and controlling Unitholder of OUE C-REIT Gross rental income 221 – Please also see Significant Related Party Transactions in Note 30 to the Financial Statements. Saved as disclosed above, during the financial year ended 31 December 2021, there were no additional interested person/party transactions (excluding transactions less than S$100,000) or any material contracts entered into by OUE C-REIT involving the interests of the Chief Executive Officer, each director or controlling shareholder of the Manager or controlling Unitholder. 242 O U E COMM E R C I A L R E I T
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