Change - Announcement of Cessation::Cessation of Chief Executive Officer & Executive Director
Issuer & Securities
KEPPEL REIT MANAGEMENT LIMITED
KEPPEL REIT - SG1T22929874 - K71U
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Chief Executive Officer & Executive Director
Submitted By (Co./ Ind. Name)
Kelvin Chua / Marc Tan
Joint Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Ng Hsueh Ling as Chief Executive Officer and Executive Director of Keppel REIT Management Limited (the manager of Keppel REIT).
Name Of Person
Ng Hsueh Ling
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
As part of Keppel Group's regular rotation and succession planning for key executives, Ms Ng Hsueh Ling will be assuming a new role as Director, New Businesses at Keppel Corporation Limited.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
If Yes, Please provide full details
Please refer to attached Press Release for further details.
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Role and responsibilities
Ms Ng Hsueh Ling is responsible for working with the Board to determine the strategy for Keppel REIT. She works with other members of the management team to execute the Board's strategy for Keppel REIT.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
1,100,557 units in Keppel REIT.
Past (for the last 5 years)
Please see Appendix A.
Please see Appendix B.
Media Release - KREIT_New Appointment.pdf
Appendix A - Past 5 years Directorships.pdf
Appendix B - Present Directorships.pdf
Total size =2226K