Change - Announcement of Cessation::RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ARA TRUST MANAGEMENT (CACHE) LIMITED
Securities
CACHE LOGISTICS TRUST - SG1Z70955880 - K2LU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Mar-2019 17:10:03
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG190315OTHR21N7
Submitted By (Co./ Ind. Name)
Daniel Cerf
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director

Additional Details

Name Of Person
Lim Ah Doo
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
15/03/2019
Detailed Reason (s) for cessation
Mr Lim Ah Doo ("Mr Lim") would step down as a Lead Independent Non-Executive Director and Chairman of the Audit Committee as he has reached his tenure of nine years. The Board would like to express its gratitude and appreciation to Mr Lim for his dedication and stewardship as Board director and as Chairman of the Audit Committee.
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
18/03/2010
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
9
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Non-Executive Director and Chairman of the Audit Committee
Role and responsibilities
Independent and 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)
Bracell Limited
Linc Energy Ltd
PST Management Pte Ltd
SM Investment Corporation
Sembcorp Marine Ltd
Singapore Technologies Marine Ltd
Present
Please see attached

Attachments

List of Directorships_Lim Ah Doo.pdf
Total size =14K