Change - Announcement of Cessation::Resignation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
NETLINK NBN MANAGEMENT PTE. LTD.
Securities
NETLINK NBN TRUST - SG1DH9000006 - CJLU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Oct-2018 06:15:45
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG181001OTHRMELF
Submitted By (Co./ Ind. Name)
Lai Kuan Loong, Victor
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director


The joint issue managers of the initial public offering and listing of NetLink NBN Trust were DBS Bank Ltd., Morgan Stanley Asia (Singapore) Pte., and UBS AG, Singapore Branch. The joint underwriters of the initial public offering and listing of NetLink NBN Trust were DBS Bank Ltd., Morgan Stanley Asia (Singapore) Pte., UBS AG, Singapore Branch, Merrill Lynch (Singapore) Pte. Ltd., Citigroup Global Markets Singapore Pte. Ltd., The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, Oversea-Chinese Banking Corporation Limited, and United Overseas Bank Limited. The joint issue managers and joint underwriters of the initial public offering assume no responsibility for the contents of this announcement.

Additional Details

Name Of Person
Mr Irving Tan Tiang Yew
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2018
Detailed Reason (s) for cessation
Mr Tan resigned as an Independent Non-Executive Director as he has relocated from Singapore to the United States to take on a global role with his company. Consequently, he will also relinquish his position as a member of the Nominating and Remuneration 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
21/02/2017
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Member of the Nominating and Remuneration Committee
Role and responsibilities
Independent Non-Executive Director, Member of the Nominating and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
- NetLink Management Pte. Ltd.
- JouleX GK
- Cisco System GK
Present
Nil