Change - Announcement of Cessation::Cessation of service as Group Chief Digital Officer

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Mar-2018 18:55:08
Status
New
Announcement Sub Title
Cessation of service as Group Chief Digital Officer
Announcement Reference
SG180329OTHR2R2Y
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
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.

Additional Details

Name Of Person
Ng Kok Siong
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2018
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?
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
01/01/2018
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)
9
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
CapitaLand Limited - 342,032 shares
Past (for the last 5 years)
Please see Appendix A
Present
Please see Appendix B

Attachments

NKS_AppA_Past.pdf
NKS_AppB_Present.pdf
Total size =18K