Change - Announcement of Cessation::Cessation of service as Group Deputy Chief Executive Officer of CapitaLand Limited

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Jun-2014 17:30:07
Status
New
Announcement Sub Title
Cessation of service as Group Deputy Chief Executive Officer of CapitaLand Limited
Announcement Reference
SG140617OTHRPVHW
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of service as Group Deputy Chief Executive Officer of CapitaLand Limited

Additional Details

Name Of Person
Olivier Lim Tse Ghow
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
15/09/2014
Detailed Reason (s) for cessation
Plan to take a personal sabbatical and spend some time with family.
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
03/01/2013
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)
7
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Deputy Chief Executive Officer
Role and responsibilities
He is responsible for the Group's regional investments (including Vietnam, Japan, India, United Kingdom and Gulf Cooperation Council), CapitaLand Financial Limited, Fund Management and StorHub self-storage businesses. He also oversaw the CapitaLand's investment in Surbana International Consultants. He served as Australand Property Group's chairman until CapitaLand divested its investment in the company early this year. He has also spearheaded several key initiatives including business process improvement and knowledge management.
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
CapitaLand Limited - 571,209 shares
Other Directorships
Past (for the last 5 years)
Please see Appendix A
Present
Please see Appendix B

Attachments

OL.AppendixA.17Jun14.pdf
OL.AppendixB.17Jun14.pdf
Total size =52K