Change - Announcement of Cessation::Resignation of Non-Executive, Lead Independent Director

Issuer & Securities

Issuer/ Manager
SINGAPORE POST LIMITED
Securities
SINGAPORE POST LIMITED - SG1N89910219 - S08
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Apr-2017 15:33:27
Status
New
Announcement Sub Title
Resignation of Non-Executive, Lead Independent Director
Announcement Reference
SG170402OTHRYZAY
Submitted By (Co./ Ind. Name)
Genevieve Tan McCully (Mrs)
Designation
Group Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive, Lead Independent Director

Additional Details

Name Of Person
Soo Nam Chow
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2017
Detailed Reason (s) for cessation
For the last fifteen months, Mr Soo Nam Chow dedicated a very significant amount of time to the role of chairing both the committees which had oversight of the Company's Special Audit exercise and the Corporate Governance Review, in addition to his role as chairman of the Audit Committee. Having ensuring that the recommendations arising therefrom have been implemented, Mr Soo has expressed his wish to step down in order to spend more time with his family and other commitments.
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
20/12/2013
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive, Lead Independent Director, Chairman of Audit Committee and Member of Nominations and Corporate Governance Committee.
Role and responsibilities
As above.
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
Past (for the last 5 years)
Nil
Present
Mapletree Industrial Trust Management Ltd