Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Jun 29, 2018 17:17 |
Status | New |
Announcement Sub Title | Retirement of Mr Lim Ming Yan as Deputy Chairman and Non-Executive Non-Independent Director |
Announcement Reference | SG180629OTHRFD9Y |
Submitted By (Co./ Ind. Name) | Karen Chan |
Designation | Company Secretary, Ascott Residence Trust Management Limited |
Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Lim Ming Yan as Deputy Chairman and Non-Executive Non-Independent Director and Chairman of the Executive Committee. |
Additional Details | |
Name Of Person | Lim Ming Yan |
Age | 55 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 01/07/2018 |
Detailed Reason (s) for cessation | Mr Lim Ming Yan is stepping down due to his retirement as President & Group Chief Executive Officer of CapitaLand Limited, the holding company of Ascott Residence Trust Management Limited. |
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 | 23/07/2009 |
Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Deputy Chairman, Non-Executive Non-Independent Director and Chairman of the Executive Committee. |
Role and responsibilities | Deputy Chairman, Non-Executive Non-Independent Director and Chairman of the Executive Committee. |
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
Shareholding interest in the listed issuer and its subsidiaries? | Yes |
Shareholding Details | 334,766 units in Ascott Residence Trust |
Past (for the last 5 years) | Please refer to the attached Appendix A. |
Present | Please refer to the attached Appendix B. |
Attachments
- Attachment 2 (Size: 24,615 bytes)
- Attachment 1 (Size: 9,974 bytes)
Attachments
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Disclaimer
Ascott Residence Trust published this content on 29 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 June 2018 09:28:04 UTC