Viva Industrial Trust (‘Viva’) conducted its FY2017 Annual General Meeting (‘AGM’) on 20 April 2018 at Viva Business Park (‘VBP’). Heartland Boy attended the event as a unitholder of Viva Industrial Trust. The mood was jovial and light-hearted as unitholders present were generally contented and satisfied with the performance of the Manager for the year. In addition, the Board claimed at the start of the AGM that it is not able to respond to queries regarding the proposed merger with ESR-REIT. Here are some of the material questions raised during the meeting, together with personal insights from Heartland Boy regarding some of these issues.

Question 1: “Please provide an update with regards to the tax transparency treatment on income support from IRAS.

Manager: “We have engaged external advisors and submitted our views to IRAS in April 2018. We are fairly confident that we will be able to …