Change - Announcement of Cessation::Resignation of Ms Kwa Kim Li as Lead Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
MAPLETREE COMMERCIAL TRUST MANAGEMENT LTD.
Securities
MAPLETREE PANASIA COM TRUST - SG2D18969584 - N2IU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Aug-2022 12:09:41
Status
New
Announcement Sub Title
Resignation of Ms Kwa Kim Li as Lead Independent Non-Executive Director
Announcement Reference
SG220803OTHRIB2R
Submitted By (Co./ Ind. Name)
Wan Kwong Weng
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation as Lead Independent Non-Executive Director and Chairperson of Nominating and Remuneration Committee of MPACT Management Ltd. (the "Manager").

Additional Details

Name Of Person
Kwa Kim Li
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
03/08/2022
Detailed Reason (s) for cessation
As part of the board renewal process following the post merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust, Ms Kwa Kim Li resigns as Lead Independent Non-Executive Director and Chairperson of Nominating and Remuneration Committee of the Manager.
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
30/04/2014
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)
9
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Non-Executive Director and Chairperson of Nominating and Remuneration Committee
Role and responsibilities
Non-Executive
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
10,000 units (Direct Interest)
29,600 units (Deemed Interest held through Spouse)
Past (for the last 5 years)
Corus Hotel Ltd
Real Estate Developer's Association of Singapore
HSBC Bank (Singapore) Limited
National University Health System Pte Ltd
Laura Ashley Holding PLC (UK)
Present
Hogan Lovells Lee & Lee
Jonadith Pte Ltd
Jurong Town Corporation
Lee & Lee (Advocate and Solicitors)
Singapore Cardiac Society
Changi Airport Group (Singapore) Pte. Ltd.
Wing Tai Holdings Limited