Change - Announcement of Cessation::Announcement of Cessation as Chief Financial Officer

Issuer & Securities

Issuer/ Manager
FRASERS LOGISTICS & COMMERCIAL ASSET MANAGEMENT PTE. LTD.
Securities
FRASERS LOGISTICS & COMMERCIAL TRUST - SG1CI9000006 - BUOU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jul-2021 20:16:52
Status
New
Announcement Sub Title
Announcement of Cessation as Chief Financial Officer
Announcement Reference
SG210709OTHRV78G
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as Chief Financial Officer

Additional Details

Name Of Person
Cher Mui Sim Susanna
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2021
Detailed Reason (s) for cessation
Ms Cher Mui Sim Susanna will be retiring with effect from 1 October 2021 as the Chief Financial Officer of Frasers Logistics & Commercial Asset Management Pte. Ltd. ("FLCAM"), the manager of Frasers Logistics & Commercial Trust ("FLCT"). Ms Cher will remain with FLCAM in an advisory role until 31 December 2021.

The Board of FLCAM thanks her for her service and contributions to FLCT.

A successor for Ms Cher is being selected, and an announcement will be made in due course.
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
03/06/2016
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.)
Chief Financial Officer
Role and responsibilities
The Chief Financial Officer is responsible for the finances of FLCT, including monitoring and reporting on the financial performance of FLCT, preparation of statutory accounts, co-ordination with external auditors, and managing tax affairs and compliance matters.
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
Ms Cher holds 527,973 units in FLCT, and holds 353,277 awards under the FLCAM Restricted Unit Plan ("RUP") pursuant to which 410,727 units in FLCT under the FLCAM RUP may be vested or delivered.
Past (for the last 5 years)
Please see Appendix A
Present
Please see Appendix A

Attachments

Appendix A - List of Directorships.pdf
Total size =182K