Change - Announcement of Cessation::Cessation as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
ASCOTT RESIDENCE TRUST MANAGEMENT LIMITED
Securities
ASCOTT RESIDENCE TRUST - SG1T08929278 - A68U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Apr-2015 18:26:36
Status
New
Announcement Sub Title
Cessation as Non-Executive Independent Director
Announcement Reference
SG150423OTHRXYKZ
Submitted By (Co./ Ind. Name)
Kang Siew Fong / Regina Tan
Designation
Joint Company Secretaries, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Cessation as Non-Executive Independent Director and Member of Audit Committee of Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust.

Additional Details

Name Of Person
Giam Chin Toon @ Jeremy Giam
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2015
Detailed Reason (s) for cessation
Mr Giam will be stepping down as Non-Executive Independent Director and Member of Audit Committee of Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust.
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
23/03/2007
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director
Role and responsibilities
Non-Executive Independent Director
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
44,337 units in Ascott Residence Trust
Past (for the last 5 years)
Please refer to Appendix A
Present
Please refer to Appendix B

Attachments

Appendix A _past5years__GCT.pdf
Appendix B _current__GCT.pdf
Total size =17K