Change - Announcement of Cessation::Cessation of Deputy Chief Executive Officer

Issuer & Securities

Issuer/ Manager
ARA TRUST MANAGEMENT (SUNTEC) LIMITED
Securities
SUNTEC REAL ESTATE INV TRUST - SG1Q52922370 - T82U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Sep-2015 18:30:49
Status
New
Announcement Sub Title
Cessation of Deputy Chief Executive Officer
Announcement Reference
SG150908OTHRMQX0
Submitted By (Co./ Ind. Name)
Yeo See Kiat
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Deputy Chief Executive Officer

Additional Details

Name Of Person
Susan Sim
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
08/09/2015
Detailed Reason (s) for cessation
Susan Sim has made significant contributions to the re-making of Suntec City and played a key role in the successful completion of the project. She has now requested to relinquish her position as the Deputy Chief Executive Officer of the Manager to pursue her personal interests.
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
01/01/2013
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.)
Deputy Chief Executive Officer of the Manager
Role and responsibilities
Assists the Chief Executive Officer of the Manager on operational matters pertaining to Suntec REIT, including asset management, investment, investor relations and asset enhancement initiatives.
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?
No
Past (for the last 5 years)
- APM Property Management Pte Ltd
- Cache Property Management Pte Ltd
Present
None