Change - Announcement of Cessation::Cessation of Acting Chief Executive Officer

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Securities
SABANA SHARI'AH COMPLIANT REIT - SG2C57965205 - M1GU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Jan-2018 20:35:35
Status
New
Announcement Sub Title
Cessation of Acting Chief Executive Officer
Announcement Reference
SG180125OTHRQ5X2
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Acting Chief Executive Officer

Additional Details

Name Of Person
Aw Wei Been
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
25/01/2018
Detailed Reason (s) for cessation
With the appointment of Mr Donald Han as Chief Executive Officer ("CEO") of the Company, Mr Aw Wei Been ceased to be Acting CEO. Mr Aw remains as Chief Operating Officer ("COO") of the Company.
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
01/01/2018
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
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?
No
Past (for the last 5 years)
Nil
Present
Blackwood Investment Pte Ltd
Sabana Property Management Pte Ltd.