Change - Announcement of Cessation::Resignation of Deputy Chief Executive Officer

Issuer & Securities

Issuer/ Manager
MANULIFE US REAL ESTATE MANAGEMENT PTE. LTD.
Securities
MANULIFE US REIT - SG1CI1000004 - BTOU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Mar-2024 07:32:46
Status
New
Announcement Sub Title
Resignation of Deputy Chief Executive Officer
Announcement Reference
SG240319OTHR0GIZ
Submitted By (Co./ Ind. Name)
Ling Chui Shee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Fong Meng Yuet Caroline as Deputy Chief Executive Officer (DCEO).

Additional Details

Name Of Person
Fong Meng Yuet Caroline
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2024
Detailed Reason (s) for cessation
Ms Caroline Fong will be stepping down as DCEO on 30 June 2024 to pursue other career opportunities. Ms Fong will work closely with the Board and new Management team to ensure a smooth handover.

The Board of Directors wishes to take this opportunity to thank Ms Fong for her services to the REIT Manager and Manulife US REIT during her term of office.
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
30/09/2022
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chief Executive Officer
Role and responsibilities
Ms Fong works with the CEO and his senior leadership team to help formulate and execute MUST's investment strategies, including working with the investment, asset management, financial and legal/compliance personnel in meeting the strategic investment objectives of MUST.

She focuses on capital markets, exploring strategic opportunities, alternative capital sources and business development. She is also responsible for sustainability, investor relations, corporate and digital communications and the equity capital markets requirements for MUST.
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
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil