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

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2014 18:15:51
Status
New
Announcement Sub Title
Cessation as Independent Non-Executive Director
Announcement Reference
SG140425OTHRLNZH
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Independent Non-Executive Director

Additional Details

Name Of Person
Arfat Pannir Selvam
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2014
Detailed Reason (s) for cessation
Mrs Arfat Pannir Selvam has retired as a Director at the conclusion of the Annual General Meeting of the Company held on 25 April 2014 as she did not seek re-election. Concurrently, Mrs Selvam has ceased to be a Member of the Audit Committee, the Corporate Disclosure Committee and the Nominating Committee respectively.
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
02/01/2006
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)
7
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 Non-Executive Director, Member of the Audit Committee, Member of the Corporate Disclosure Committee and Member of the Nominating Committee
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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
248,070 CapitaLand Limited shares; 105,800 CapitaMalls Asia Limited shares
Other Directorships
Past (for the last 5 years)
iGlobe Partners Pte Ltd; HDFC Asset Management Company (Singapore) Pte Ltd; Singapore Health Services Pte Ltd; Info Development Corporation Pte Ltd; Indo Land Corporation Pte Ltd
Present
Selvam LLC; Duane Morris & Selvam LLP; ASA Investment Holdings Pte Ltd; DMS Corporate Services Pte Ltd; CapitaMalls Asia Limited; Breast Cancer Foundation; Rahmatan Lil Alamin Foundation Ltd; Hope Villages Fund Pte Ltd; iGlobe Partners (II) Pte Ltd; NASDAQ OMX (South East Asia & Pacific) Pte Ltd; Muslim Financial Planning Association; Priya Roshni Pte Ltd; JurongHealth Fund Limited; Selvam & Partners Limited; Duane Morris & Selvam (Myanmar) Limited