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Change - Announcement Of Cessation Of Chief Operating Officer And Chief Financial Officer
BackSep 12, 2018
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 12, 2018 18:32 |
| Status | New |
| Announcement Sub Title | Change - Announcement of Cessation |
| Announcement Reference | SG180912OTHR71LT |
| Submitted By (Co./ Ind. Name) | Adrian Chui |
| Designation | CEO & Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Please refer to attached announcement. |
| Additional Details | |
| Name Of Person | Hagan Shane Peter |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/10/2018 |
| Detailed Reason (s) for cessation | Mr Hagan has decided to resigned from his position in the REIT Manager to pursue his own interests. He will stay with the Manager until end October 2018, to ensure an orderly and smooth transition. |
| 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 | 28/01/2016 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Operating Officer and Chief Financial Officer |
| Role and responsibilities | As Chief Financial Officer (CFO), Mr Hagan reports to the Chief Executive Officer and works alongside the Board. He is responsible for the operational and financial performance of the Trust and the Manager. |
| 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? | Yes |
| Shareholding Details | 242,000 |
| Past (for the last 5 years) | Nil |
| Present | Nil |
Attachments
- Attachment 1 (Size: 113,284 bytes)