Change - Announcement of Cessation::Cessation as Chairman and Non-Executive Independent Director

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 18:41:17
Status
New
Announcement Sub Title
Cessation as Chairman and Non-Executive Independent Director
Announcement Reference
SG210427OTHR0HST
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Chairman and Non-Executive Independent Director, Chairman of the Executive Resource & Compensation Committee and the Strategy, Investment & Finance Committee, respectively, and a member of the Nominating Committee.

Additional Details

Name Of Person
Ng Kee Choe
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2021
Detailed Reason (s) for cessation
Mr Ng Kee Choe retired as Chairman at the conclusion of Annual General Meeting of the Company held on 27 April 2021. Following his retirement from the Board, Mr Ng also ceased to be Chairman of the Executive Resource & Compensation Committee (ERCC) and the Strategy, Investment & Finance Committee (SIFC), respectively, and a member of Nominating Committee (NC).
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
16/04/2010
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman & Non-Executive Independent Director; Chairman of the ERCC and the SIFC, respectively; Member of the NC.
Role and responsibilities
Non-executive
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
492,344 CapitaLand Shares
Past (for the last 5 years)
- AusNet Services (Chairman)
- PT Bank Danamon Indonesia, Tbk (President-Commissioner)
- Temasek Trust (Board of Trustees)
- Temasek Trustees Pte. Ltd. (Director)
Present
- China Development Bank (Member of the International Advisory Council)
- Corporate Governance Advisory Committee (Member)
- Fullerton Financial Holdings Pte Ltd (Director)
- PIL Pte Ltd (Deputy Chairman)
- Pacific International Lines (Private) Limited (Director)
- PIL Enterprises Pte Ltd (Director)
- PIL Marine Pte Ltd (Director)
- Tanah Merah Country Club (Chairman)
- Temasek Trust Ltd. (Director)