News
Change - Announcement Of Cessation Of Independent Director
BackSep 29, 2017
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 29, 2017 17:29 |
| Status | New |
| Announcement Sub Title | Cessation of Independent Director |
| Announcement Reference | SG170929OTHR2XDJ |
| Submitted By (Co./ Ind. Name) | Mary Judith de Souza |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Independent Director |
| Additional Details | |
| Name Of Person | Koh Soo Keong |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/09/2017 |
| Detailed Reason (s) for cessation | Mr Koh Soo Keong has served on the Board of Ascendas Funds Management (S) Limited ("AFM" ) for a period of 8 years. The retirement is part of the regular Board succession and renewal process. |
| 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 | 15/09/2009 |
| 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) | 6 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chairman of the Board, Nominating, Human Resource and Remuneration Committee and Operational Risk Management Committee; Member of Investment Committee |
| Role and responsibilities | Non-executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Please refer to the attachment |
| Present | Please refer to the attachment |
Attachments
- Attachment 1 (Size: 7,161 bytes)