News

Announcement Of Cessation As Independent Director

BackSep 18, 2012
Resignation Details
Name Of Person Monica Villegas Tomlin
Age 62
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 18/09/2012
Detailed Reason(s) for Cessation Mrs Tomlin's retirement from the Board is part of the regular board renewal process which is a policy of Ascendas Funds Management (S) Limited ("AFM"), as manager of 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 15/09/2009
Job Title Member of the Investment Committee ("IC") and Member of the Corporate Disclosure Committee ("CDC") (CDC will be subsumed under Operational Risk Management Committee with effect from 14 September 2012)
Role and Responsibilities Mrs Tomlin has played a significant role as member of the IC and CDC by actively presenting insightful views and providing sound advice at meetings on the business and operations of A-REIT and 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) 5
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months Nil
Shareholding in the listed issuer and its subsidiaries Nil
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) Nil
Present Directorship Mrs Tomlin is presently a Director of Dane Court Pte Ltd