Change - Announcement of Cessation::Cessation of Independent Non-Executive Director - Mr Tan Kok Ming Desmond

Issuer & Securities

Issuer/ Manager
APAC REALTY LIMITED
Securities
APAC REALTY LIMITED - SG1DJ0000001 - CLN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jul-2020 18:41:37
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director - Mr Tan Kok Ming Desmond
Announcement Reference
SG200728OTHR3LJC
Submitted By (Co./ Ind. Name)
Chua Khee Hak
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tan Kok Ming Desmond as Independent Non-Executive Director.

Additional Details

Name Of Person
Tan Kok Ming Desmond
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
27/07/2020
Detailed Reason (s) for cessation
Mr Tan will be assuming the roles of Minister of State in the Ministry of Home Affairs and the Ministry of Sustainability and the Environment (previously called the Ministry of the Environment and Water Resources).
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
15/07/2019
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
i. Independent Non-Executive Director
ii. Chairman of Remuneration Committee
iii. Member of Audit Committee and Nominating Committee
Role and responsibilities
Carry out the responsibilities as Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee.
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)
i) Stelop Pte. Ltd.
Present
i) Gardens By The Bay
ii) Singapore Chinese Cultural Centre