Change - Announcement of Cessation::Retirement as Director and Group President & Chief Executive Officer

Issuer & Securities

Issuer/ Manager
GUOCOLAND LIMITED
Securities
GUOCOLAND LIMITED - SG1R95002270 - F17
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Apr-2021 17:35:49
Status
New
Announcement Sub Title
Retirement as Director and Group President & Chief Executive Officer
Announcement Reference
SG210409OTHRWK55
Submitted By (Co./ Ind. Name)
Mary Goh Swon Ping
Designation
Group Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement as Director and Group President & Chief Executive Officer

Additional Details

Name Of Person
Choong Yee How
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2021
Detailed Reason (s) for cessation
Retirement
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
01/09/2015
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group President & Chief Executive Officer
Role and responsibilities
Responsible for implementing policies and decisions of the Board, initiating business ideas as well as setting benchmarks and targets for operating companies within the GuocoLand Group. Oversees the day-to-day operations of the GuocoLand Group and tracks compliance and business progress.
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
20,000,000 share options in GuocoLand Limited granted on 8 December 2017 (will lapse upon retirement on 30 June 2021)
Past (for the last 5 years)
Please see Annex A
Present
Please see Annex B

Attachments

RC-List of Directorship as at 9Apr21-Annex A past.pdf
RC-List of Directorship as at 9Apr21-Annex B current.pdf
Total size =885K