Change - Announcement of Cessation::RESIGNATION OF CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ARA TRUST MANAGEMENT (SUNTEC) LIMITED
Securities
SUNTEC REAL ESTATE INV TRUST - SG1Q52922370 - T82U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2018 17:55:55
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Announcement Reference
SG181031OTHRA3GM
Submitted By (Co./ Ind. Name)
Chan Kong Leong
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Executive Officer and Executive Director.

Additional Details

Name Of Person
Chan Kong Leong
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2018
Detailed Reason (s) for cessation
Mr Chan Kong Leong ("Mr Chan") would relinquish his role as Chief Executive Officer and Executive Director of the Manager. The Board would like to thank Mr Chan for his invaluable contributions and wish him success in his future endeavours.
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
01/01/2017
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Role and responsibilities
Mr Chan is responsible for the performance and direction of Suntec REIT. He leads his team of managers to achieve the key mission of creating, adding and delivering premium value to all stakeholders of Suntec REIT.
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
176000 units
Past (for the last 5 years)
Please refer to Annexure A
Present
ARA Trust Management (Suntec) Limited
One Raffles Quay Pte Ltd
Comina Investment Limited
Suntec Harmony Pte. Ltd.
Harmony Investors Group Limited
Harmony Partners Investments Limited
BFC Development LLP
Suntec REIT MTN Pte Ltd
Suntec REIT Capital Pte Ltd
Park Mall Pte. Ltd.
Suntec (PM) Pte. Ltd.
Park Mall Holdings Limited
Park Mall Investment Limited

Attachments

Annexure A- List of past directorships for the last 5 years.pdf
Total size =91K