REPL::Change - Announcement of Cessation::Announcement of Cessation of Chief Executive Officer - Ms Gouw Vi Ven
Issuer & Securities
Issuer/ Manager
LMIRT MANAGEMENT LTD.
Securities
LIPPO MALLS INDO RETAIL TRUST - SG1W27938677 - D5IU
LIPPO MALLS TR S$140M7%PERPSEC - SG74H8000008 - 4V0B
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2019 19:39:47
Status
Replacement
Announcement Sub Title
Announcement of Cessation of Chief Executive Officer - Ms Gouw Vi Ven
Announcement Reference
SG190430OTHROLLG
Submitted By (Co./ Ind. Name)
Victor Lai Kuan Loong
Designation
Company Secretary, LMIRT Management Ltd. (as manager of Lippo Malls Indonesia Retail Trust)
Description (Please provide a detailed description of the event in the box below)
This replacement announcement was made to amend the typographical error on the date of the appointment of Mr Liew Chee Seng James as the new Chief Executive Officer ("CEO") in the attachment titled "Cessation of CEO and Appointment of New CEO". It should read as 1 May 2019 instead of 1 May 2018.
Please see attached for the amended announcement.
Additional Details
Name Of Person
Gouw Vi Ven
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
01/05/2019
Detailed Reason (s) for cessation
Ms Gouw Vi Ven stepped down as Chief Executive Officer but she will remain as part of the Board as an Executive Director of LMIRT Management Ltd. (as Manager of Lippo Malls Indonesia Retail Trust, "LMIR Trust") to provide strategic counsel and guidance.
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
05/10/2018
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)
3
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.)
Executive Director and Chief Executive Officer up to 30 April 2019.
Effective 1 May 2019, Ms Gouw Vi Ven will remain as Executive Director.
Role and responsibilities
Executive responsibilities over business direction and operational decisions concerning the management of LMIR Trust.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Please see attached.
Present
LMIRT Management Ltd. (as manager of LMIR Trust)
Attachments
20190430_SGX_Announcement_on_Cessation_of_CEO_and_Appointment_of_New_CEO.pdf
Total size =34K
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