Change - Announcement of Cessation::Resignation of Mr Hiew Yoon Khong as Non-Executive Director

Issuer & Securities

Issuer/ Manager
MPACT MANAGEMENT LTD.
Securities
MAPLETREE PANASIA COM TRUST - SG2D18969584 - N2IU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Aug-2022 12:08:58
Status
New
Announcement Sub Title
Resignation of Mr Hiew Yoon Khong as Non-Executive Director
Announcement Reference
SG220803OTHREIFT
Submitted By (Co./ Ind. Name)
Wan Kwong Weng
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation as Non-Executive Director and as a Member of Nominating and Remuneration Committee of MPACT Management Ltd. (the "Manager").

Additional Details

Name Of Person
Hiew Yoon Khong
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
03/08/2022
Detailed Reason (s) for cessation
As part of the board renewal process following the post merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust, Mr Hiew Yoon Khong resigns as Non-Executive Director and as a Member of Nominating and Remuneration Committee of the Manager, having served on the Board for more than 10 years
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
18/05/2007
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)
11
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.)
Non-Executive Director and Member of Nominating and 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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,107,680 units (Direct Interest)
8,401,521 units (Deemed Interest held in own name through Nominee Bank)
Past (for the last 5 years)
1. Cantonment Realty Pte Ltd
2. CMREF 2 Shariah Sdn. Bhd. (Liquidated)
3. Gemstone Asset Holdings Pte. Ltd.
4. Mapletree Industrial Trust Management Ltd.
5. Mapletree North Asia Commercial Trust Management Ltd.
6. Mapletree Logistics Trust Management Ltd.
7. Vietsin Commercial Complex Development Joint Stock Company
Present
1. M+S Pte. Ltd.
2. Ophir-Rochor Investments Pte. Ltd.
3. MS Residential 2 Pte. Ltd.
4. MS Residential 1 Pte. Ltd.
5. MS Commercial Pte. Ltd.
6. Marina South Investments Pte. Ltd.
7. Harbourfront Three Pte Ltd
8. Mapletree Capital Management Pte. Ltd.
9. Mapletree Investments Pte Ltd
10. M-Aurora Holdings Pte. Ltd.
11. Mapletree Treasury Services (HKSAR) Limited
12. Mapletree Treasury Services (US) Pte. Ltd.
13. Mapletree Treasury Services Limited
14. CMREF 1 Sdn. Bhd (in Liquidation)