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CapitaRetail China Annual Report 2013 Clarity 82
Report of
the Trustee
Year ended 31 December 2013
HSBC Institutional Trust Services (Singapore) Limited (the “Trustee”) is under a duty to take into custody and hold the
assets of CapitaRetail China Trust (the “Trust”) in trust for the Unitholders. In accordance with the Securities and Futures
Act (Cap. 289), its subsidiary legislation and the Code on Collective Investment Schemes, the Trustee shall monitor the
activities of CapitaRetail China Trust Management Limited (the “Manager”) for compliance with the limitations imposed
on the investment and borrowing powers as set out in the Trust Deed in each annual accounting period and report
thereon to Unitholders in an annual report.
To the best knowledge of the Trustee, the Manager has, in all material respects, managed the Trust during the year
covered by these financial statements, set out on pages 85 to 144, in accordance with the limitations imposed on the
investment and borrowing powers set out in the Trust Deed.
For and on behalf of the Trustee,
HSBC Institutional Trust Services (Singapore) Limited
Antony Wade Lewis
Director
Singapore
26 February 2014