News
Announcement Of Cessation As Non-Executive Director Who Is An Executive Committee Member
BackSep 15, 2009
| Resignation Details | |
| Name Of Person | Swee Kee Siong |
| Age | 67 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 15/09/2009 |
| Detailed Reason(s) for Cessation | The cessation is part of the renewal process of the Board of Directors of Ascendas Funds Management (S) Limited ("AFM"), as manager for Ascendas Real Estate Investment Trust ("A-REIT"). |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 08/04/2002 |
| Job Title | Director and Executive Committee Member |
| Role and Responsibilities | Mr Swee is a Non-Executive Director and an Executive Committee member of AFM. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 6 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 0 |
| Interest in the listed issuer and its subsidiaries | Mr Swee holds a total of 100,000 units in A-REIT as at 15 September 2009. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil. |
| Other Directorship | |
| Past Directorship (for the last five years) | Mr Swee was the Deputy Chief Executive Officer of Jurong Town Corporation. |
| Present Directorship | Mr Swee is presently a director of Plambee Ltd and Skyxo Ltd. |