Change - Announcement of Cessation::Resignation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Securities
SABANA SHARI'AH COMPLIANT REIT - SG2C57965205 - M1GU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-May-2020 23:57:44
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG200504OTHR2XL1
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director

Additional Details

Name Of Person
Kelvin Tan Wee Peng
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
11/06/2020
Detailed Reason (s) for cessation
Mr Kelvin Tan Wee Peng has tendered his resignation as an Independent Non-executive Director of the Company on 4 May 2020. His last day of service is 11 June 2020.

Following his resignation, he will cease to be Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee of the Company.

The Board of Directors expressed its gratitude and appreciation to Mr Kelvin Tan Wee Peng for his invaluable contributions during his tenure as an Independent Non-executive Director of the Company.
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
06/11/2017
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.)
Independent Non-executive director, Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee of the Company.
Role and responsibilities
Independent Non-executive director, Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee of the Company.
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?
No
Past (for the last 5 years)
MARSHAL SYSTEMS PTE. LTD.
GREAT WALL MAJESTIC PTE. LTD.
CITISTATE CAPITAL PTE. LTD.
M! CAPITAL VENTURES PTE. LTD.
ACCRELIST LTD
ASERO WORLDWIDE PTE. LTD.
ASIA BUSINESS DEVELOPMENT PTE. LTD.
SHANGHAI TURBO ENTERPRISES LTD.
APERIO TECHNOLOGY PTE. LTD.
TRANSCORP HOLDINGS LIMITED
GOLDEN EQUATOR CAPITAL PTE. LTD.
NL CONSULTING PTE. LTD.
GBE HOLDINGS PTE. LTD.
DBE CONSULTING PTE. LTD.
GBE INVESTMENT PTE. LTD.
Present
UNUSUAL LTD
ORIENTAL STRAITS FUND II-D CAYMAN ISLANDS
IREIT GLOBAL GROUP PTE LTD
YK MANAGEMENT PTE LTD
VIKING OFFSHORE AND MARINE LTD
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE LTD
ISCA PTE LTD
ATT(S) PTE LTD
EAGLE HOSPITALITY BUSINESS TRUST MANAGEMENT PTE LTD
EAGLE HOSPITALITY REIT MANAGEMENT PTE LTD
GLOBAL INVESTMENTS LIMITED
USP GROUP LIMITED
CLOUD.COM PTE LTD