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

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2015 13:38:23
Status
New
Announcement Sub Title
Cessation as Non-Executive Independent Director
Announcement Reference
SG150430OTHRFV9K
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 Non-Executive Independent Director

Additional Details

Name Of Person
Peter Seah Lim Huat
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2015
Detailed Reason (s) for cessation
Mr Peter Seah Lim Huat retired as a Director at the conclusion of the Annual General Meeting of the Company held on 30 April 2015 and he did not seek re-election. Concurrently, Mr Seah ceased to be the Deputy Chairman of the Board, Chairman of the Finance and Budget Committee and Nominating Committee respectively, and a Member of the Executive Resource and Compensation Committee.
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
18/12/2001
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.)
Deputy Chairman; Chairmen of Finance and Budget Committee and Nominating Committee; and Member of Executive Resource and Compensation 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
376,596 CapitaLand Limited shares
Past (for the last 5 years)
Singapore Technologies Holdings Pte Ltd
Defence Science and Technology Agency
Singapore Technologies Engineering Ltd
Global Crossing Limited
GIC Special Investments Private Limited
Bank of China Limited
S Rajaratnam School of International Studies
Singapore Technologies Telemedia Pte Ltd
Sembcorp Industries Ltd
Alliance Bank Malaysia Berhad
Present
DBS Bank Ltd
DBS Group Holdings Ltd
Fullerton Financial Holdings Pte Ltd
STT Communications Ltd
Asia Mobile Holdings Pte Ltd
STATS ChipPAC Ltd
StarHub Ltd
DBS Bank (Hong Kong) Limited
Level 3 Communications Inc
LaSalle College of the Arts Limited
Singapore Health Services Pte Ltd
National Wages Council
GIC Private Limited
International Monetary Conference