Change - Announcement of Cessation::Announcement of Cessation of Appointment as Chief Financial Officer
Issuer & Securities
FRASERS CENTREPOINT LIMITED
FRASERS CENTREPOINT LIMITED - SG2G52000004 - TQ5
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement of Cessation of Appointment as Chief Financial Officer
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Cessation of Appointment as Chief Financial Officer
Name Of Person
Chia Khong Shoong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Chia is stepping down as Chief Financial Officer to focus on his role as Chief Corporate Officer of the Company. This is also in line with the Company's process of succession planning.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for all aspects of finance for the Company and its subsidiaries (the "Group"), and has direct oversight of the Finance, Risk Management, Tax, Treasury and Group Communication functions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
848,229 ordinary shares in the Company.
In addition, Mr Chia holds 561,165 awards under the Company's Restricted Share Plan ("FCL RSP") and 144,860 awards under its Performance Share Plan ("FCL PSP"), pursuant to which up to 776,485 shares in the Company under the FCL RSP, and up to 289,720 shares in the Company under the FCL PSP, may be vested or delivered.
Past (for the last 5 years)
Please see attached
Please see attached
Total size =243K