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 17:10:53
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG190315OTHRY38E
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
Stefanie Yuen Thio
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
15/03/2019
Detailed Reason (s) for cessation
Ms Stefanie Yuen Thio ("Ms Yuen Thio") would step down as an Independent Non-Executive Director and member of the Audit Committee as she has reached her tenure of nine years. The Board would like to express its gratitude and appreciation to Ms Yuen Thio for her dedication and stewardship as Board director and as a member 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.)
Independent Non-Executive Director and AC Member
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?
Yes
Shareholding Details
59,000 Direct Units
Past (for the last 5 years)
Please see attached
Present
Please see attached

Attachments