News
Announcement Of Cessation As Head, Capital Markets And Transactions, And Head, Singapore Portfolio Operations
BackOct 01, 2013
| Resignation Details | |
| Name Of Person | Tan Shu Lin |
| Age | 40 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 25/10/2013 |
| Detailed Reason(s) for Cessation | Ms Tan has been with Ascendas Funds Management (S) Limited ("AFM"), the Manager of Ascendas Real Estate Investment Trust ("A-REIT"), since 2 June 2008. She currently holds the appointment of Head, Capital Markets and Transactions and Head, Singapore Portfolio Operations. After close to 5 years of service with AFM, Ms Tan has decided to pursue her career with another organisation. |
| 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 | 02/06/2008 |
| Job Title | Head, Capital Markets and Transactions; Head, Singapore Portfolio Operations |
| Role and Responsibilities | As Head, Capital Markets and Transactions, Ms Tan's responsibilities include managing AREIT's capital structure and investors relations. As Head, Singapore Portfolio Operations, Ms Tan is responsible for supervising the operations team responsible for the performance of A-REIT's properties in Singapore. |
| 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 | 1 |
| Interest in the listed issuer and its subsidiaries | Ms Tan holds a direct interest in 49,000 A-REIT units and a deemed interest in 30,000 A-REIT units. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | NA |
| Other Directorship | |
| Past Directorship (for the last five years) | Nil |
| Present Directorship | Ascendas Asset Management Co., Ltd. Ascendas Zpark (Singapore) Pte. Ltd. |