First Real Estate Investment Trust ("First REIT"), constituted as a real estate investment trust, is externally managed by Bowsprit Capital Corporation Limited (in its capacity as manager of First REIT) (the "Manager") and accordingly, has no personnel of its own. The Manager has the responsibility of managing the business conducted by First REIT and is dedicated to maintaining the highest standard of corporate governance.
The Board of Directors of the Manager sets out in this report, the corporate governance practices and policies with reference to regulatory requirements and the Code of Corporate Governance 2012 (the "Code"). Other than the deviations which are explained in this report, the Manager has complied with the principles of the Code. The Manager has taken steps to align its governance framework with the recommendations of the Code, where they are applicable, relevant and practicable to the Group.
Click here to download full Corporate Governance Report