Change - Announcement of Cessation::Cessation of Appointment of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
FRASERS CENTREPOINT ASSET MANAGEMENT LTD.
Securities
FRASERS CENTREPOINT TRUST - SG1T60930966 - J69U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jul-2017 18:11:51
Status
New
Announcement Sub Title
Cessation of Appointment of Non-Executive and Independent Director
Announcement Reference
SG170728OTHRMZ2G
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of the appointment of Mr Bobby Chin Yoke Choong as a Non-Executive and Independent Director on the Board, as Chairman of the Audit Committee and as a member of the Nominating and Remuneration Committee.

Additional Details

Name Of Person
Bobby Chin Yoke Choong
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2017
Detailed Reason (s) for cessation
Mr Chin has served as a Non-Executive and Independent Director of Frasers Centrepoint Asset Management Ltd. ("FCAM"), the manager of Frasers Centrepoint Trust, for more than 10 years and is stepping down as part of the board renewal process. The Board expresses its appreciation to Mr Chin for his dedication and invaluable contributions during his tenure of his service.
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
03/04/2006
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director, Chairman of Audit Committee and Member of Nominating and Remuneration Committee
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest in 100,000 units in Frasers Centrepoint Trust
Past (for the last 5 years)
Please see attached
Present
Please see attached

Attachments

Bobby%20Chin.pdf
Total size =10K