CapitaLand Malaysia Mall Trust | Annual Report 2020

177 BECAUSE TOMORROW MATTERS Directors’ interests According to the register of Directors’ shareholdings kept by the Manager under Section 59 of the Companies Act 2016 in Malaysia, the interests of Directors of the Manager in office at the end of the financial year in units in CMMT during the financial year were as follows: At 1.1.2020/ Date of appointment Acquired Sold At 31.12.2020 Unit Unit Unit Unit Low Peck Chen 12,000 81 – 12,081 Lim Cho Pin Andrew Geoffrey 1 47,000 319 – 47,319 Mohd Yusof bin Hussian 60,000 374 – 60,374 1 Units held through nominees The other Directors of the Manager in office at the end of the financial year did not have any interests in units in CMMT during the financial year. Soft commission There was no soft commission received by the Manager during the financial year from any broker or dealer by virtue of transactions conducted for CMMT. Other information (a) Before the financial statements of the Group and of the Trust were made out, the Manager took reasonable steps: (i) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts and satisfied themselves that there were no known bad debts and that adequate allowance had been made for doubtful debts; and (ii) to ensure that any current assets which were unlikely to be realised in the ordinary course of business have been written down to an amount which the current assets might be expected so to realise. (b) At the date of this report, the Manager is not aware of any circumstances: (i) that would render the amount written off for bad debts or the amount of the provision for doubtful debts in the Group and the Trust inadequate to any substantial extent, or (ii) that would render the values attributed to the current assets in the financial statements of the Group and of the Trust misleading, or (iii) which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and of the Trust misleading or inappropriate, or (iv) not otherwise dealt with in this report or financial statements that would render any amount stated in the financial statements of the Group and of the Trust misleading. MANAGER’S REPORT