Email Alerts
News
Change - Announcement Of Resignation Of Alternate Director
BackAug 30, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Aug 30, 2023 17:58 |
| Status | New |
| Announcement Sub Title | Announcement of Resignation of Alternate Director |
| Announcement Reference | SG230830OTHRWX15 |
| Submitted By (Co./ Ind. Name) | Adrian Chui |
| Designation | CEO & Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Philip John Pearce as Alternate Director to Mr Jeffrey David Perlman, Non-Executive Director of ESR-LOGOS Funds Management (S) Limited. |
| Additional Details | |
| Name Of Person | Philip John Pearce |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/08/2023 |
| Detailed Reason (s) for cessation | Following Mr Jeffrey David Perlman's resignation as Non-Executive Director of ESR-LOGOS Funds Management (S) Limited, Mr Philip John Pearce, Alternate Director to Mr Perlman has also resigned from being an Alternate Director to Mr Perlman. |
| 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 | 03/06/2022 |
| 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) | 5 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Alternate Director to Mr Jeffrey David Perlman, Non-Executive Director of ESR-LOGOS Funds Management (S) Limited. |
| Role and responsibilities | Similar to Board member but acting as an Alternate Director to Mr Perlman. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Pearce is the CEO of ESR Australia, an indirect subsidiary of ESR Group Limited. |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Propertylink Group which was listed until 26 April 2019 |
| Present | ESR Real Estate (Australia) Pty Ltd |