Change - Announcement of Cessation::Announcement of Cessation of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
VIVA INDUSTRIAL TRUST MANAGEMENT PTE. LTD.
Securities
VIVA INDUSTRIAL TRUST - SG2G31998161 - T8B
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jul-2018 17:39:23
Status
New
Announcement Sub Title
Announcement of Cessation of Chief Operating Officer
Announcement Reference
SG180731OTHROTIE
Submitted By (Co./ Ind. Name)
Ang Poh Seong
Designation
Chief Executive Officer of the REIT Manager and Trustee-Manager
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of the Managers wishes to announce the resignation of Mr Frank Ng Tze Wei as Chief Operating Officer with effect from 31 July 2018.

Additional Details

Name Of Person
Frank Ng Tze Wei
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2018
Detailed Reason (s) for cessation
Personal reasons
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
15/02/2018
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Driving Viva Industrial Trust's ("VIT") strategic and operational initiatives including expanding and directing VIT's investments, capital market access and leasing & marketing performance. This leadership role oversees the investment, investor relations, leasing & marketing functions and corporate functions.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
388,509 stapled securities in VIT
Past (for the last 5 years)
Maxi Capital Pte. Ltd.
Viva Investment Management Pte. Ltd.
Viva Real Estate Asset Management Pte. Ltd.
Rad Shoes Pte. Ltd.
Tamarix Advisory
Present
Viva Real Estate Asset Management Pte. Ltd.