Change - Announcement of Cessation::Cessation of Director and Lead Independent Director

Issuer & Securities

Issuer/ Manager
ISETAN (SINGAPORE) LIMITED
Securities
ISETAN (SINGAPORE) LTD - SG1D89001201 - I15
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Apr-2015 17:11:41
Status
New
Announcement Sub Title
Cessation of Director and Lead Independent Director
Announcement Reference
SG150422OTHR514Q
Submitted By (Co./ Ind. Name)
Lun Chee Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Director and Lead Independent Director, Chairman of Nominating Committee and Member of Remuneration Committee and Audit and Risk Committee.

Additional Details

Name Of Person
Adrian Chan Pengee
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
22/04/2015
Detailed Reason (s) for cessation
In view of Mr Chan's more than ten year term in his office as independent director, he has decided to make way for board succession planning purposes and to enable the board to be re-freshed.
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
01/06/2004
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
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.)
Independent Director, Lead Independent Director, Chairman of Nominating Committee, Member of Remuneration Committee and Audit and Risk Committee.
Role and responsibilities
Role and responsibilities of an Independent Director, Lead Independent Director, Chairman of Nominating Committee, Member of Remuneration Committee and Audit and Risk Committee.
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
Mr Adrian Chan Pengee holds 1000 ordinary shares in the capital of Isetan (Singapore) Limited.
Past (for the last 5 years)
Please see attached.
Present
Please see attached.

Attachments

Directorships of ACP for past 5 yrs and current.pdf
Total size =7K