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.