Change - Announcement of Cessation::Retirement of Mr Wee Kheng Jin as an Independent Director

Issuer & Securities

Issuer/ Manager
PARKSON RETAIL ASIA LIMITED
Securities
PARKSON RETAIL ASIA LIMITED - SG2D81975377 - O9E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2017 18:11:28
Status
New
Announcement Sub Title
Retirement of Mr Wee Kheng Jin as an Independent Director
Announcement Reference
SG171031OTHRR2ZD
Submitted By (Co./ Ind. Name)
Tan Sri William Cheng Heng Jem
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Wee Kheng Jin as an Independent Director of the Company

Additional Details

Name Of Person
Wee Kheng Jin
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2017
Detailed Reason (s) for cessation
Mr Wee retired at the Company's Annual General Meeting held on 31 October 2017. He did not seek for re-election.
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
28/09/2011
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of Audit Committee, a member of Remuneration Committee and a member of Nominating Committee.
Role and responsibilities
That of a Lead Independent Director, Chairman of Audit Committee, a member of Remuneration Committee and a member of Nominating Committee.
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?
No
Past (for the last 5 years)
Yeo Hiap Seng Ltd.
Tung Lok Restaurants (2000) Ltd.
Present
Please refer to the attachment.

Attachments

Present Directorship_31102017.pdf
Total size =188K