Change - Announcement of Cessation::Cessation of Non-Executive Director (Mr Ho Toon Bah)

Issuer & Securities

Issuer/ Manager
SB REIT MANAGEMENT PTE. LTD.
Securities
SOILBUILD BUSINESS SPACE REIT - SG2G07995670 - SV3U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Mar-2020 20:42:53
Status
New
Announcement Sub Title
Cessation of Non-Executive Director (Mr Ho Toon Bah)
Announcement Reference
SG200319OTHR8BYD
Submitted By (Co./ Ind. Name)
Roy Teo
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Ho Toon Bah as Non-Executive Director of SB REIT Management Pte. Ltd., as manager of Soilbuild Business Space REIT (the "Manager")

Additional Details

Name Of Person
Ho Toon Bah
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
19/03/2020
Detailed Reason (s) for cessation
Mr Ho Toon Bah has resigned as a Non-Executive Director of the Manager to pursue his personal commitments.
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
13/03/2013
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
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
Mr Ho Toon Bah is deemed interested in 500,000 units in Soilbuild REIT ("Units") held through a nominee account and 165,000 Units held by his spouse, Ms Tan Swee Fong.
Past (for the last 5 years)
Forte Builder Pte. Ltd.
Soil-Build (Pte.) Ltd.
SB Procurement Pte. Ltd.
Precast Concrete Pte. Ltd.
Soilbuild (Myanmar) Co. Ltd.
Soilbuild Construction International Pte. Ltd.
Soilbuild Construction Engineering Pte. Ltd.
Soilbuild E&C Pte. Ltd.
Soilbuild Construction (Myanmar) Co. Ltd.
Soilbuild (Thilawa) Company Limited
Europtronic Group Ltd
IREIT Global Group Pte Ltd

Present
SB REIT Management Pte. Ltd. (date of cessation: 19 March 2020)
Soilbuild Construction Group Ltd. (date of cessation: 19 March 2020)
Solstice Development Pte. Ltd.