Change - Announcement Of Cessation Of Lead Independent Non-Executive Director

BackNov 05, 2020
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Nov 5, 2020 17:52
Status New
Announcement Sub Title Change - Announcement of Cessation
Announcement Reference SG201105OTHR1OUW
Submitted By (Co./ Ind. Name) Ngiam May Ling
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation of Lead Independent Non-Executive Director.
Additional Details
Name Of Person Tan Ser Ping
Age 61
Is effective date of cessation known? Yes
If yes, please provide the date 31/12/2020
Detailed Reason (s) for cessation Due to personal reasons.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? No
Any other relevant information to be provided to shareholders of the listed issuer? No
Date of Appointment to current position 28/06/2019
Does the AC have a minimum of 3 members (taking into account this cessation)? No
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) 1. Lead Independent Non-Executive Director
2. Member of the Audit and Risk Committee
3. Chairman of the Nominating and Remuneration Committee
Role and responsibilities Perform functions of a Lead Independent Non-Executive Director, Member of the Audit and Risk Committee and Chairman of Nominating and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries No.
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) Ascendas Funds Management Ltd (Manager of AREIT)
Present 1. Stanway Capital, Singapore Director (Sole Proprietor); and
2. Business China, Singapore Director

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