Change - Announcement of Cessation::Retirement of Mr Ng Chee Khern as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
CAPITALAND MALL TRUST MANAGEMENT LIMITED
Securities
CAPITALAND INTEGRATED COMM TR - SG1M51904654 - C38U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Nov-2020 06:18:11
Status
New
Announcement Sub Title
Retirement of Mr Ng Chee Khern as Non-Executive Independent Director
Announcement Reference
SG201103OTHROQXQ
Submitted By (Co./ Ind. Name)
Lee Ju Lin, Audrey
Designation
Company Secretary, CapitaLand Integrated Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Ng Chee Khern as Non-Executive Independent Director. Mr Ng has also relinquished his role as a member of Audit Committee.

Additional Details

Name Of Person
Mr Ng Chee Khern
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
03/11/2020
Detailed Reason (s) for cessation
Under the Securities and Futures (Licensing and Conduct of Business) Regulations issued by the Monetary Authority of Singapore, an independent director is one who has not served as a director for a continuous period of nine years ("9-year Rule"). Mr Ng Chee Khern has served as a Non-Executive Independent Director for almost nine years, and is retiring as an independent director pursuant to the 9-year Rule.
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
08/06/2012
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)
4
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 and Member of Audit Committee
Role and responsibilities
Non-Executive Independent Director and Member of Audit Committee
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)
Please refer to the attached Appendix A.
Present
Please refer to the attached Appendix A.

Attachments

NCK_Appendix_A_20201103.pdf
Total size =12K