Change - Announcement of Cessation::Cessation of service as Group Chief Digital Officer
Issuer & Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of service as Group Chief Digital Officer
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
The attached announcement issued by CapitaLand Limited on the above matter is for information.
Name Of Person
Ng Kok Siong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Ng Kok Siong, Group Chief Digital Officer ("GCDO"), has tendered his resignation to pursue other personal and professional interests and will serve his notice until the end of April 2018. Mr Ng joined the CapitaLand Group in 2005 and has served in various senior appointments in the Group. The Board thanks Kok Siong for his commitment and dedicated service during his tenure and wishes him well in his future endeavors. Group Chief Operating Officer Mr Jason Leow will oversee the GCDO's areas of responsibilities after Mr Ng steps down.
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?
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.)
Group Chief Digital Officer
Role and responsibilities
Responsible for developing technology strategy and building digitalisation capabilities to deliver solutions to the needs of the businesses for enhancing user and customer experiences.
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?
CapitaLand Limited - 342,032 shares
Past (for the last 5 years)
Please see Appendix A
Please see Appendix B
Total size =18K