Change - Announcement of Cessation::Announcement of Cessation as Group Chief Executive Officer

Issuer & Securities

Issuer/ Manager
FRASERS CENTREPOINT LIMITED
Securities
FRASERS CENTREPOINT LIMITED - SG2G52000004 - TQ5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2016 18:19:21
Status
New
Announcement Sub Title
Announcement of Cessation as Group Chief Executive Officer
Announcement Reference
SG160930OTHR3U25
Submitted By (Co./ Ind. Name)
Piya Treruangrachada
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as Group Chief Executive Officer.

Additional Details

Name Of Person
Mr. Lim Ee Seng
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2016
Detailed Reason (s) for cessation
As announced on 30 September 2015 and 6 June 2016, Mr Lim's service agreement was extended for a one year term from 1 October 2015 to 30 September 2016.
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
15/10/2004
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)
3
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.)
Group Chief Executive Officer
Role and responsibilities
The Group Chief Executive Officer has the overall responsibility for driving the Group's growth strategies with the aim of delivering sustainable returns from the business.
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
2,799,954 ordinary shares in the Company.

Mr Lim holds 1,793,084 awards under the Company's Restricted Share Plan ("FCL RSP") and 906,714 awards under its Performance Share Plan ("FCL PSP"), pursuant to which up to 2,436,939 shares in the Company ("Shares") under the FCL RSP and up to 1,813,428 Shares under the FCL PSP may be vested or delivered.
Past (for the last 5 years)
Please see attachment.
Present
Please see attachment.

Attachments

Attachment_List_of_Directorships_Mr_Lim_Ee_Seng.pdf
Total size =21K