Change - Announcement of Cessation::Cessation of Non-Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
KBS US PRIME PROPERTY MANAGEMENT PTE. LTD.
Securities
PRIME US REIT - SGXC75818630 - OXMU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-May-2022 17:46:21
Status
New
Announcement Sub Title
Cessation of Non-Independent and Non-Executive Director
Announcement Reference
SG220520OTHRSD21
Submitted By (Co./ Ind. Name)
Ngiam May Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Loh Yew Seng as Non-Independent and Non-Executive Director.

Additional Details

Name Of Person
Loh Yew Seng
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
20/05/2022
Detailed Reason (s) for cessation
Due to replacement of Nominee Director.
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
08/11/2019
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.)
Non-Independent and Non-Executive Director
Role and responsibilities
Perform functions of a Non-Independent and Non-Executive Director.
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)
SPH Magazines Pte Ltd
PT MI Magazines
Blu Inc Holdings (Malaysia) Sdn Bhd
Blu Inc Media Sdn Bhd
Blu Inc Media China Limited
SPH Digital Media Sdn Bhd
Magazines World Sdn Bhd
Asia Magazines Limited
New Beginnings Management Consulting (Shanghai) Company Ltd
Straits Property Management Services Limited
SPH JPAM Pte Ltd
Straits Silver Himawari Pte Ltd
Silver Himawari Offshore Pte Ltd
Silver Himawari TK Pte Ltd
SPH Invest Ltd
PE One Ptd Ltd
SPH Fund Management Services Pte Ltd
Present
Constellar Group Pte Ltd
Constellar Venue Pte Ltd
Constellar Exhibitions Pte Ltd
Constellar Exhibitions Ventures Pte Ltd
Constellar Venues Ventures Pte Ltd
Singex-ECI International Pte Ltd
Sphere Exhibits Pte Ltd
Beerfest Asia Pte Ltd
WorldEx Exhibitions Pte Ltd