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

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & COMMERCIAL ASSET MANAGEMENT PTE. LTD.
Securities
FRASERS LOGISTICS & COMMERCIAL TRUST - SG1CI9000006 - BUOU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-May-2025 19:54:21
Status
New
Announcement Sub Title
Cessation of Appointment of Non-Executive and Independent Director
Announcement Reference
SG250509OTHR9V76
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Goh Yong Chian as a Non-Executive and Independent Director of the Board of Directors of Frasers Logistics & Commercial Asset Management Pte. Ltd. ("FLCAM", and the Board of Directors of FLCAM, the "Board"), the manager of Frasers Logistics & Commercial Trust, a member of each of the Audit, Risk and Compliance Committee and the Nominating and Remuneration Committee of FLCAM

Additional Details

Name Of Person
Goh Yong Chian
Age
80
Is effective date of cessation known?
Yes
If yes, please provide the date
25/05/2025
Detailed Reason (s) for cessation
Mr Goh Yong Chian has served as a Non-Executive and Independent Director of FLCAM since 26 May 2016 and will reach the 9-year limit on the tenure for an independent director on 25 May 2025. He is retiring from the Board of FLCAM as part of the Board renewal process. The Board expresses its appreciation to Mr Goh for his dedication and invaluable contributions during his tenure of service.

FLCAM is in the process of identifying a suitable candidate for the role of Independent Director and will issue an announcement in due course.
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
26/05/2016
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Member, Audit, Risk and Compliance Committee
Member, 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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Interest in units of FLCT:
Direct: 800,000
Deemed: Nil
Past (for the last 5 years)
Nil
Present
Nil