Change - Announcement of Cessation::Cessation of Mr Ong Su Kiat Melvyn as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
CAPITALAND ASCOTT TRUST MANAGEMENT LIMITED
Securities
CAPITALAND ASCOTT TRUST - SGXC16332337 - HMN
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Nov-2023 18:42:28
Status
New
Announcement Sub Title
Cessation of Mr Ong Su Kiat Melvyn as Non-Executive Independent Director
Announcement Reference
SG231122OTHR2T9X
Submitted By (Co./ Ind. Name)
Karen Chan
Designation
Company Secretary, CapitaLand Ascott Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Ong Su Kiat Melvyn as a Non-Executive Independent Director and a Member of Audit Committee and Nominating and Remuneration Committee, respectively.

Additional Details

Name Of Person
Ong Su Kiat Melvyn
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2024
Detailed Reason (s) for cessation
Mr Ong Su Kiat Melvyn is taking up a new executive appointment with effect from 1 January 2024 and has decided to devote more time to his executive responsibilities. He will retire as a director of CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd. with effect from 1 January 2024.
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
01/05/2021
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director and a Member of the Audit Committee and Nominating and Remuneration Committee, respectively.
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?
No
Other Directorships
Past (for the last 5 years)
Please see Appendix A.
Present
Please see Appendix B.

Attachments

MO_Appendix A_Past Directorship for the last 5 years.pdf
MO_Appendix B_Current Directorship.pdf
Total size =25K