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

Issuer & Securities

Issuer/ Manager
INDIABULLS PROPERTY MANAGEMENT TRUSTEE PTE. LTD.
Securities
INDIABULLS PROPERTIES INVTRUST - SG1W91940476 - F3EU

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Apr-2014 07:49:20
Status
New
Announcement Sub Title
Cessation as Independent Director and Non-Executive Chairman of Board and Co-Chairman of AC
Announcement Reference
SG140402OTHRQBTC
Submitted By (Co./ Ind. Name)
Hazel Chia Luang Chew
Designation
Company Secretary
Effective Date and Time of the event
01/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation as Independent Director and Non-Executive Chairman of the Board and Co-Chairman of the Audit Committee

Additional Details

Name Of Person
Chatri Trisiripisal
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
01/04/2014
Detailed Reason (s) for cessation
Due to personal commitments
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
04/12/2008
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.)
Independent Director and Non-Executive Chairman of the Board and Co-Chairman of the Audit Committee
Role and responsibilities
Non-Executive Director
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. Chatri holds 4,200,000 units in Indiabulls Properties Investment Trust
Past (for the last 5 years)
Evolve Group Pte. Ltd., Izara Capital Management LLC, Evolve Mixed Martial Arts Pte. Ltd., Evolve MMA Pte. Ltd., Izara Pte. Ltd.
Present
Project Sunshine, USA, Group One Holdings Pte. Ltd., Singapore, Rebel Holdings, Cayman Islands