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

Issuer & Securities

Issuer/ Manager
FRASERS CENTREPOINT ASSET MANAGEMENT LTD.
Securities
FRASERS CENTREPOINT TRUST - SG1T60930966 - J69U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Dec-2021 17:27:20
Status
New
Announcement Sub Title
Announcement of Cessation as Non-Executive and Non-Independent Director
Announcement Reference
SG211229OTHRZK35
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Christopher Tang Kok Kai as a Non-Executive and Non-Independent Director on the Board and as a member of the Nominating and Remuneration Committee.

Additional Details

Name Of Person
Mr Christopher Tang Kok Kai
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2022
Detailed Reason (s) for cessation
Mr Tang has served as a Non-Executive and Non-Independent Director of Frasers Centrepoint Asset Management Ltd. ("FCAM"), the manager of Frasers Centrepoint Trust ("FCT"), since 27 January 2006 and is retiring from the Board of FCAM. The Board expresses its appreciation to Mr Tang for his dedication and invaluable contribution during his tenure of service.
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
27/01/2006
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)
2
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.)
Non-Executive and Non-Independent Director, and member of the Nominating and Remuneration Committee.
Role and responsibilities
As above.
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?
Yes
Shareholding Details
Direct interest - 59,000 units in FCT
Deemed interest - 792,220 units in FCT
Past (for the last 5 years)
Please see Appendix A.
Present
Please see Appendix A.

Attachments

Appendix A.pdf
Total size =107K