Change - Announcement of Cessation::Cessation as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
CAPITALAND INVESTMENT LIMITED
Securities
CAPITALAND INVESTMENT LIMITED - SGXE62145532 - 9CI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2024 18:04:38
Status
New
Announcement Sub Title
Cessation as Non-Executive Independent Director
Announcement Reference
SG240425OTHRX1SQ
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Kee Teck Koon as Non-Executive Independent Director, Chairman of the Risk Committee ("RC") and a Member of the Executive Committee ("EXCO").

Additional Details

Name Of Person
Kee Teck Koon
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Mr Kee Teck Koon retired as Non-Executive Independent Director upon the conclusion of the Annual General Meeting of CapitaLand Investment Limited held on 25 April 2024. Following his retirement from the Board, Mr Kee also ceased to be Chairman of the RC and a Member of the EXCO.
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
25/06/2021
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, RC Chairman, EXCO Member
Role and responsibilities
Non-executive
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
144,976 shares of the Company (direct interest)
Past (for the last 5 years)
Please see attached Appendix.
Present
Please see attached Appendix.

Attachments

SGXNet_Cessation-KTK-Appendix_final.pdf
Total size =12K