Change - Announcement of Cessation::Retirement of Independent Non-Executive Director and Chairman of the Audit and Risk Committee

Issuer & Securities

Issuer/ Manager
IREIT GLOBAL GROUP PTE. LTD.
Securities
IREIT GLOBAL - SG1AB8000006 - UD1U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Feb-2021 17:54:14
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director and Chairman of the Audit and Risk Committee
Announcement Reference
SG210226OTHRXP47
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Non-Executive Director and Chairman of the Audit and Risk Committee

Additional Details

Name Of Person
Tan Wee Peng Kelvin
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2021
Detailed Reason (s) for cessation
As part of the Company's planned process of renewal of independent directors on its board, Mr. Tan Wee Peng Kelvin has voluntarily retired as Independent Non-Executive Director and Chairman of the Audit and Risk 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
14/07/2014
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Audit and Risk Committee
Role and responsibilities
Independent Non-Executive Director, Chairman of the Audit and Risk Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
436,200 units
Past (for the last 5 years)
USP Group Limited
WE Holdings Ltd
Shanghai Turbo Enterprises Ltd.
Transcorp Holdings Limited
Sabana Real Estate Investment Pte. Ltd.
YK Management Pte Ltd
GBE Investment Pte. Ltd.
DBE Consulting Pte. Ltd.
NL Consulting Pte. Ltd.
GBE Holdings Pte. Ltd.
Golden Equator Capital Pte. Ltd.
Marshal Systems Pte. Ltd.
Great Wall Majestic Pte. Ltd.
Citistate Capital Pte. Ltd.
M! Capital Ventures Pte. Ltd.
Eagle Hospitality REIT Management Pte. Ltd.
Eagle Hospitality Business Trust Management Pte. Ltd.
Present
Global Investments Limited
UnUsUal Ltd
Viking Offshore and Marine Limited
Cloud.com Pte. Ltd.
Institute of Singapore Chartered Accountants Pte. Ltd.
Association of Taxation Technicians (S) Limited
Orient Straits Fund II-D