Change - Announcement of Cessation::Resignation of Independent Non-Executive Director
Issuer & Securities
CITY DEVELOPMENTS LIMITED
CITY DEVELOPMENTS LIMITED - SG1R89002252 - C09
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Independent Non-Executive Director
Submitted By (Co./ Ind. Name)
Enid Ling Peek Fong
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Lim Yin Nee Jenny as an Independent Non-Executive Director.
Name Of Person
Lim Yin Nee Jenny
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Having fulfilled the responsibilities in her various roles during her tenure as an Independent Non-Executive Director, Ms Lim is of the view that it is appropriate for her to step down in the light of contributions from the Board's new Independent Directors.
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.)
Lead Independent Director
Audit & Risk Committee Chairman
Remuneration Committee Chairman
Nominating Committee Member
Board Committee Member
Role and responsibilities
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?
Past (for the last 5 years)
M&C REIT Management Limited
M&C Business Trust Management Limited
Viriya Community Services (Treasurer)