Change - Announcement of Cessation::Cessation of Chief Executive Officer
Issuer & Securities
KEPPEL REIT MANAGEMENT LIMITED
KEPPEL REIT - SG1T22929874 - K71U
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Chief Executive Officer
Submitted By (Co./ Ind. Name)
Kelvin Chua / Marc Tan
Joint Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tan Swee Yiow as Chief Executive Officer of Keppel REIT Management Limited.
Name Of Person
Tan Swee Yiow
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Tan Swee Yiow will be assuming a new role as Chief Executive Officer of Keppel Land Limited with effect from 1 January 2019. He will continue to serve as Non-Executive Director after stepping down as Chief Executive Officer of Keppel REIT Management Limited.
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?
If Yes, Please provide full details
Please refer to the attached Press Release for further details.
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.)
Chief Executive Director and Executive Director
Role and responsibilities
Mr Tan is responsible for working with the Board to determine the strategy for Keppel REIT. He works with other members of the management team to execute the Board's strategy for Keppel REIT.
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?
1,238,458 units in Keppel REIT
Past (for the last 5 years)
See Appendix A.
See Appendix B.
Total size =767K