General Announcement::Non-Executive Independent Directors

Issuer & Securities

Issuer/ Manager
SINARMAS LAND LIMITED
Securities
SINARMAS LAND LIMITED - SG1E97853881 - A26
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Apr-2020 19:08:55
Status
New
Announcement Sub Title
Non-Executive Independent Directors
Announcement Reference
SG200406OTHR4PUY
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors ("Board") of Sinarmas Land Limited ("SML" or the "Company") wishes to announce the following changes to the Board and Board Committees:

(1) The retirement of Mr Rodolfo Castillo Balmater, Non-Executive Independent Director, at the conclusion of the forthcoming annual general meeting of the Company convened on 27 April 2020 ("2020 AGM"), as Mr Balmater is not seeking re-election as a Director at the 2020 AGM. Accordingly, he shall also cease to hold all appointments presently held by him in all Board Committees at the conclusion of the 2020 AGM.

(2) The resignation of Mr Kunihiko Naito, Non-Executive Independent Director, at the conclusion of the 2020 AGM. Accordingly, he shall also cease to hold all appointments presently held by him in all Board Committees at the conclusion of the 2020 AGM.

The Board accepts the above decisions of Mr Balmater, who has served for over 14 years, and Mr Naito, who has served for over 12 years, as Directors of the Company, and wishes to thank each of them for their dedicated service to the Company. The Company is currently processing the appointment of new Directors.

Details on the above retirement/resignation of Directors as required under Rule 704(7) of the SGX-ST Listing Manual are set out in separate announcements released today.

By Order of the Board
SINARMAS LAND LIMITED


Robin Ng Cheng Jiet
Director
6 April 2020