Change - Announcement of Cessation::Resignation of Independent Director - Mr Peter Joseph Seymour Rowe

Issuer & Securities

Issuer/ Manager
RHT HEALTH TRUST MANAGER PTE. LTD.
Securities
RHT HEALTH TRUST - SG2F26986156 - RF1U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Feb-2019 20:13:45
Status
New
Announcement Sub Title
Resignation of Independent Director - Mr Peter Joseph Seymour Rowe
Announcement Reference
SG190225OTHRH2XM
Submitted By (Co./ Ind. Name)
Gurpreet Singh Dhillon
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Peter Joseph Seymour Rowe as an Independent Director of the Company.

Additional Details

Name Of Person
Peter Joseph Seymour Rowe
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
25/02/2019
Detailed Reason (s) for cessation
The new shareholder of the Trustee-Manager has expressed the wish to reconstitute the Board, and the current directors, recognising the new shareholder's right to appoint its own nominees to the Board, have tendered their respective resignations to enable the Board to be reconstituted by the new shareholder. This follows the completion of the Disposal as well as the distribution of the majority of the Net Proceeds from the Disposal to Unit holders.
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
07/09/2012
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 Director.
Chairman of the Audit and Risk Management Committee and Member of the Remuneration Committee.
Role and responsibilities
Non-Executive.
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)
AMP Capital Investors Limited
AMP Investment Services Pty Ltd.
Herbert Smith Freehills (Consultant)
Southern Highlands Botanic Garden Limited
UBS Grocon Real Estate Investment Management Pty Ltd
PEC Investments Pty Ltd
PEC Management Pty Ltd
IPAC Asset Management Limited
National Mutual Funds Management Ltd.
Present
Investa Listed Funds Management Limited
Mission Australia Housing Limited
Mission Australia Housing (Victoria) Limited
GFM Investment Holdings Pty Ltd
GFM Investment Services Pty Ltd
GFM Investment Management Pty Ltd