Change - Announcement of Cessation::RESIGNATION OF CHIEF INVESTMENT OFFICER AND ASSET MANAGER

Issuer & Securities

Issuer/ Manager
IREIT GLOBAL GROUP PTE. LTD.
Securities
IREIT GLOBAL - SG1AB8000006 - UD1U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2016 20:42:01
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF INVESTMENT OFFICER AND ASSET MANAGER
Announcement Reference
SG161111OTHRSZ2D
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Investment Officer and Asset Manager

Additional Details

Name Of Person
Jeremy Adina Bard Cooper
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
17/02/2017
Detailed Reason (s) for cessation
Mrs Jeremy Adina Bard Cooper resigned as Chief Investment Officer and Asset Manager of the Company following completion of the sale of 80% of the shares of IREIT Global Group Pte. Ltd. (which is the manager of IREIT Global) pursuant to the terms of the Share Purchase Agreement dated 5 October 2016.
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
25/11/2013
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.)
Chief Investment Officer and Asset Manager
Role and responsibilities
Executive. Responsible for the investment and asset management of the Manager.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Laughing Rock 10 B.V.
The Jewish Quarter Development Corporation
The International Institute of Real Estate Valuations Ltd..
IREIT Global Holdings Pte. Ltd.
IREIT Global Holdings 1 Pte. Ltd.
IREIT Global Holdings 2 Pte. Ltd.
IREIT Global Holdings 3 Pte. Ltd.
IREIT Global Investments Pte. Ltd.
IREIT Global Investments 1 Pte. Ltd.
IREIT Global Investments 2 Pte. Ltd.
IREIT Global Investments 3 Pte. Ltd.
Present
IREIT Global Management Pte. Ltd.
Laughing Rock 1 B.V.
Laughing Rock 2 B.V.
Laughing Rock 3 B.V.
Laughing Rock 4 B.V.
Laughing Rock 5 B.V.
Laughing Rock 6 B.V.
Laughing Rock 7 B.V.
Laughing Rock 8 B.V.
Laughing Rock 9 B.V.
Laughing Rock 11 B.V.
Laughing Rock 12 B.V.
Laughing Rock 13 B.V.
Laughing Rock 14 B.V.