Change - Announcement of Cessation::Retirement of Lead Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
MAPLETREE LOGISTICS TRUST MANAGEMENT LTD.
Securities
MAPLETREE LOGISTICS TRUST - SG1S03926213 - M44U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Aug-2022 18:06:07
Status
New
Announcement Sub Title
Retirement of Lead Independent Non-Executive Director
Announcement Reference
SG220825OTHRBUFE
Submitted By (Co./ Ind. Name)
Wan Kwong Weng
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Lead Independent Non-Executive Director and Chairman of Nominating and Remuneration Committee of Mapletree Logistics Trust Management Ltd. (the "Manager").

Additional Details

Name Of Person
Tarun Kataria
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2022
Detailed Reason (s) for cessation
Mr Kataria retires as the Lead Independent Non-Executive Director and Chairman of Nominating and Remuneration Committee of the Manager due to the Monetary Authority of Singapore (MAS) rule on 9-year limit for Independent Directors.
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
01/09/2013
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Non-Executive Director and Chairman of Nominating and Remuneration Committee
Role and responsibilities
Non-Executive
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?
Yes
Shareholding Details
348,711 units in Mapletree Logistics Trust
Past (for the last 5 years)
1. Eagle Hospitality REIT Management Pte. Ltd. (as Manager of Eagle Hospitality Trust)
2. Eagle Hospitality Business Trust Management Pte. Ltd. (as Manager of Eagle Hospitality Business Trust)
3. WWF-World Wide Fund for Nature (Singapore) Limited (WWF Singapore)
4. Singapore Conservation Trust (IPC under World Wildlife Fund)
5. Poddar Housing and Development Ltd, India
6. HSBC Bank (Singapore) Limited
7. B.D. Kataria & Co. (Maritime) Pvt. Ltd., India
8. Oceanspan Shipping Co., Ltd. India
9. BondLinc Pte. Ltd.
10. New Opera Singapore Ltd.
11. Graymatics - SG Pte. Ltd.
12. 38 Degrees Pte. Ltd.
Present
1. Mapletree Logistics Trust Management Ltd. (as Manager of Mapletree Logistics Trust)
2. Westlife Development Ltd, India
3. Global Moats Fund, Mauritius
4. Indigrid Investment Managers Limited (fka Sterlite Investment Managers Ltd) (as Manager for India Grid Trust)
5. Jubilant Pharma Limited
6. New Amsterdam Group
7. World Wildlife Fund, Singapore
8. World Wildlife Fund, Asia Pacific Advisory Council
9. MUSEL Private Trust