200 / 212
GLOSSARY PAGE
REPORTS
2012 Code
Code of Corporate Governance 2012
2017 AGMs
2017 Annual General Meetings
4 IDS
The four independent non-executive directors of the total six directors of
the Board
ARC Self-Assessment Checklist
A self-assessment checklist which the ARC used to conduct an assessment
of its effectiveness for the financial year under review, adapted from the
self-assessment checklist for audit committees set out in the ACGC Guidebook
ACRA
Accounting and Corporate Regulatory Authority
ACRA Code
Accounting and Corporate Regulatory Authority Code of Professional Conduct
and Ethics for Public Accountants and Accounting Entities
Act
The Business Trusts Act, Chapter 31A of Singapore
ADR
Average Daily Rate
Annual Report
Annual Report 2016
ARCs
Audit and Risk Committees
ARR
Average Room Rate
Australia Hotels
Portfolio hotels located in Australia consisting of Novotel Brisbane,
Mercure Brisbane, Ibis Brisbane, Mercure Perth and Ibis Perth
Boards
Refers to HBT Board and the H-REIT Board
BOD
Board of Directors
Brexit
Britain’s withdrawal from the European Union
BTA
Business Trusts Act
BTR
Business Trusts Regulations
CAGR
Compound Annual Growth Rate
CBD
Central Business District
CCH
CDL HBT Cambridge City Hotel (UK) Ltd
CDL
City Developments Limited
CDP
The Central Depository (Pte) Limited
CEO
Chief Executive Officer
CFO
Chief Financial Officer
CIS Code
Code on Collective Investment Schemes
CMS
Capital Markets Services
CPF
Central Provident Fund
F&B
Food and Beverage
FRS
Singapore Financial Reporting Standards
GDP
Gross Domestic Product
Group or Stapled Group or CDLHT CDL Hospitality Trusts
HBT
CDL Hospitality Business Trust
HBT Group
CDL Hospitality Business Trust and its subsidiaries
HBT Trust Deed
The trust deed constituting HBT dated 12 June 2006
HBT Trust Property
The trust property of HBT
198