Change - Announcement of Cessation::RETIREMENT OF DR WEE CHO YAW AS CHAIRMAN AND DIRECTOR

Issuer & Securities

Issuer/ Manager
SINGAPORE LAND GROUP LIMITED
Securities
SINGAPORE LAND GROUP LTD - SG1K37001643 - U06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Feb-2023 17:36:01
Status
New
Announcement Sub Title
RETIREMENT OF DR WEE CHO YAW AS CHAIRMAN AND DIRECTOR
Announcement Reference
SG230224OTHR9EAL
Submitted By (Co./ Ind. Name)
TEO HWEE PING
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Retirement of Dr Wee Cho Yaw as Chairman and Director of the Company

Additional Details

Name Of Person
Wee Cho Yaw
Age
94
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2023
Detailed Reason (s) for cessation
As part of the Board's succession planning, Dr Wee Cho Yaw will retire after having served on the Board for 3 decades.
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?
Yes
If Yes, Please provide full details
Dr Wee will be appointed as Chairman Emeritus and Honorary Adviser with effect from his retirement as Chairman of the Board.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
26/06/1992
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)
5
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.)
Chairman, Non-Executive and Non-Independent Director
Role and responsibilities
Chairman of the Board
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Dr Wee Cho Yaw is a substantial shareholder of the Company, the father of Mr Wee Ee Lim, a Non-Executive and Non-Independent Director of the Company, and grandfather of Mr Eu Zai Jie, Jonathan, the Chief Executive Officer and an Executive and Non-Independent Director of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed : 721,582,791
Other Directorships
Past (for the last 5 years)
Please refer to Appendix A attached.
Present
Please refer to Appendix A attached.

Attachments

WCY - Appendix A.pdf
Total size =261K