Change - Announcement of Cessation::Cessation of Mr Lucas Ignatius Loh Jen Yuh as President, China

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2021 19:32:45
Status
New
Announcement Sub Title
Cessation of Mr Lucas Ignatius Loh Jen Yuh as President, China
Announcement Reference
SG210427OTHR12WT
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 Mr Lucas Ignatius Loh Jen Yuh as President, China

Additional Details

Name Of Person
Lucas Ignatius Loh Jen Yuh
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2021
Detailed Reason (s) for cessation
Mr Lucas Loh will relinquish his current role as President, China, and take on an advisory, non-executive role as the Group's China Chief Representative. Mr Jason Leow, who is currently President, Singapore & International, will take on the oversight responsibilities for the Group's development-related projects, including those in China.
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
15/09/2018
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)
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.)
President, China
Role and responsibilities
Mr Loh has been leading CapitaLand's business in China and drive growth in CapitaLand's investment management business.
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?
Yes
Shareholding Details
1,845,444 CapitaLand shares
Past (for the last 5 years)
Please refer to the attached Appendix A.
Present
Please refer to the attached Appendix B.

Attachments

AppendixA_LL.pdf
AppendixB_LL.pdf
Total size =710K