Change - Announcement of Cessation::Resignation of Group Chief Financial Officer

Issuer & Securities

Issuer/ Manager
GUOCOLAND LIMITED
Securities
GUOCOLAND LIMITED - SG1R95002270 - F17
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Jul-2018 19:14:53
Status
New
Announcement Sub Title
Resignation of Group Chief Financial Officer
Announcement Reference
SG180706OTHRFFHR
Submitted By (Co./ Ind. Name)
Mary Goh Swon Ping
Designation
Group Company Secretary
Effective Date and Time of the event
06/07/2018 19:15:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Lai Tak Loi, the Group Chief Financial Officer ("GCFO") of GuocoLand Limited. The Company will identify a suitable candidate to assume the GCFO position and announce this appointment in due course.

Additional Details

Name Of Person
Lai Tak Loi
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
24/08/2018
Detailed Reason (s) for cessation
To pursue other career opportunities.
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
01/03/2015
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer
Role and responsibilities
Responsible for the overall finance function of the GuocoLand Group.
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
1,000,000 share options.
(Lapse on 25 August 2018 pursuant to the Rules of the GuocoLand Limited Executives' Share Option Scheme 2008)
Past (for the last 5 years)
Please refer to Annex A.
Present
Please refer to Annex B.

Attachments

Annex A and B.pdf
Total size =213K