Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
KEPPEL DC REIT MANAGEMENT PTE. LTD.
Securities
KEPPEL DC REIT - SG1AF6000009 - AJBU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Aug-2023 17:21:53
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG230831OTHRZWNU
Submitted By (Co./ Ind. Name)
Chiam Yee Sheng / Darren Tan
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Dileep Nair as Independent Director of Keppel DC REIT Management Pte. Ltd., the manager of Keppel DC REIT. He will concurrently cease to be a Member of the Audit and Risk Committee as well as Member of the Nominating and Remuneration Committee.

Additional Details

Name Of Person
Dileep Nair
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
01/09/2023
Detailed Reason (s) for cessation
Mr Nair has served on the Board for more than 8 years and is retiring from the Board prior to his 9-year tenure.
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
18/11/2014
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director,
Member of the Audit and Risk Committee and
Member of the Nominating and Remuneration Committee.
Role and responsibilities
As above.
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
61,977 Units in Keppel DC REIT
Other Directorships
Past (for the last 5 years)
1. Agri-Food Veterinary Authority of Singapore
Present
1. Thakral Corporation Ltd
2. Singapore Reinsurance Corp Ltd
3. Health Sciences Authority of Singapore
4. MS First Capital Insurance Limited

Attachments

MREL_Keppel DC REIT appoints two new Independent Directors.pdf
Total size =208K