CapitaRetail China Trust : Change - Announcement Of Cessation Of Mr Tan Tee Hieong As CEO, Executive Director And Member Of The Executive Committee
April 02, 2017 at 11:56 pm EDT
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Announcement Title
Change - Announcement of Cessation
Date & Time of Broadcast
Mar 31, 2017 17:55
Status
New
Announcement Sub Title
Cessation of Mr Tan Tee Hieong as CEO, Executive Director and Member of the Executive Committee
Announcement Reference
SG170331OTHR7EKR
Submitted By (Co./ Ind. Name)
Lee Ju Lin, Audrey
Designation
Company Secretary, CapitaLand Retail China Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tan Tee Hieong as Chief Executive Officer, Executive Director and Member of the Executive Committee of CapitaLand Retail China Trust Management Limited.
Additional Details
Name Of Person
Tan Tee Hieong
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
01/04/2017
Detailed Reason (s) for cessation
Mr Tan Tee Hieong will assume another key appointment within the CapitaLand Limited Group.
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
01/07/2010
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)
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer, Executive Director and Member of the Executive Committee
Role and responsibilities
The current position is executive in nature. Mr Tan had full executive responsibilities over the business directions and operational decisions of CapitaLand Retail China Trust ('CRCT') and is responsible for implementing CRCT's strategies and policies and conducting CRCT's business.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
71,039 units in CapitaLand Retail China Trust (own name)
Past (for the last 5 years)
Please see Appendix A
Present
Please see Appendix B
Attachments
Appendix A (Size: 10,648 bytes)
Appendix B (Size: 7,648 bytes)
CapitaRetail China Trust published this content on 31 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 April 2017 03:56:07 UTC.
Original documenthttp://crct.listedcompany.com/news.html/id/576432
Public permalinkhttp://www.publicnow.com/view/F42735E0FF7CDCDE6089E653644AA7CAC141E286
CapitaLand China Trust is a Singapore-based real estate investment trust (REIT). The principal activities of the Trust are those relating to an investment in a diversified portfolio of income-producing properties located primarily in mainland China, Hong Kong and Macau and used primarily for retail, office and industrial purposes (including business parks, logistics facilities, data centers and integrated developments). Its portfolio constitutes approximately 10 shopping malls, five business parks and four logistics parks. The geographically diversified portfolio has a total gross floor area of approximately 1.9 million square meters (sq m), located across 12 Chinese cities. Its retail malls include CapitaMall Xizhimen, Rock Square, CapitaMall Wangjing, CapitaMall Grand Canyon, CapitaMall Xuefu, CapitaMall Xinnan, CapitaMall Nuohemule, CapitaMall Yuhuating, CapitaMall Aidemengdun and CapitaMall Qibao. Its investment manager is CapitaLand China Trust Management Limited.