Change - Announcement of Cessation::Announcement of Cessation as Non-Executive Director

Issuer & Securities

Issuer/ Manager
CAMBRIDGE INDUSTRIAL TRUST MANAGEMENT LIMITED
Securities
CAMBRIDGE INDUSTRIAL TRUST - SG1T70931228 - J91U

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jun-2014 18:28:28
Status
New
Announcement Sub Title
Announcement of Cessation as Non-Executive Director
Announcement Reference
SG140609OTHRJDGS
Submitted By (Co./ Ind. Name)
Philip Levinson
Designation
CEO & Executive Director
Effective Date and Time of the event
09/06/2014 17:30:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Hiroshi Sugita as Non-Executive Director of Cambridge Industrial Trust Management Limited

Additional Details

Name Of Person
Hiroshi Sugita
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
09/06/2014
Detailed Reason (s) for cessation
The cessation is the result of Mitsui Co., Ltd, which holds a direct interest of 20% in Cambridge Industrial Trust Management Limited ("CITM" or the "Manager"), changing its Board representation of CITM.
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
17/04/2013
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Board member
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?
No
Past (for the last 5 years)
NIL
Present
NIL