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FRASERS HOSPITALITY TRUST ANNUAL REPORT 2015
STATEMENT BY THE TRUSTEE-MANAGER OF
FRASERS HOSPITALITY BUSINESS TRUST
FOR THE FINANCIAL PERIOD FROM 20 JUNE 2014 (DATE OF CONSTITUTION) TO 30 SEPTEMBER 2015
In the opinion of the directors,
(a)
The financial statements of FH-BT as set out on pages 128 to 189 are drawn up so as to give a true and fair view
of the financial position of FH-BT as at 30 September 2015, and of the financial performance, changes in Stapled
Securityholders’ funds and cash flows of FH-BT, for the financial period from 20 June 2014 (Date of constitution)
to 30 September 2015 in accordance with the provisions of the Singapore Business Trusts Act, Chapter 31A (the
“Act”) and Singapore Financial Reporting Standards; and
(b)
At the date of this statement, there are reasonable grounds to believe that FH-BT will be able to pay its debts as
and when they fall due.
In accordance with Section 86(2) of the Act, the Directors of the Trustee-Manager further certify that:
–
the interested person transactions are not detrimental to the interests of all the Stapled Securityholders as a
whole based on the circumstances at the time of the transactions; and
–
the Board of Directors of the Trustee-Manager is not aware of any violation of duties of the Trustee-Manager which
would have a materially adverse effect on the business of FH-BT or the interests of the Stapled Securityholders
as a whole.
For and on behalf of the Trustee-Manager,
Frasers Hospitality Trust Management Pte. Ltd.
Lim Ee Seng
Director
Choe Peng Sum
Director
Singapore
5 November 2015
