Change - Announcement of Cessation::Cessation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
KEPPEL REIT MANAGEMENT LIMITED
Securities
KEPPEL REIT - SG1T22929874 - K71U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Nov-2024 17:18:08
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer
Announcement Reference
SG241101OTHR7YS8
Submitted By (Co./ Ind. Name)
Chiam Yee Sheng / Gillian Loh
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Koh Wee Lih as Chief Executive Officer of Keppel REIT Management Limited (the manager of Keppel REIT).

Additional Details

Name Of Person
Koh Wee Lih
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2024
Detailed Reason (s) for cessation
As part of Keppel Ltd. (Keppel)'s succession planning and regular rotation of leadership roles, Mr Koh Wee Lih will be assuming a new role as Managing Director, Business Development, at Keppel.
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
01/12/2021
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)
3
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.)
Chief Executive Officer
Role and responsibilities
Mr Koh Wee Lih is responsible for working with the Board to determine the strategy for Keppel REIT. He works with other members of the management team to execute the Board's strategy for Keppel REIT.
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?
Yes
Shareholding Details
148,830 Units in Keppel REIT
Past (for the last 5 years)
AIMS APAC REIT Management Limited and various subsidiaries and associated companies of AIMS APAC REIT
Present
1. Keppel REIT MTN Pte. Ltd.
2. Keppel REIT Fin. Company Pte. Ltd.
3. Keppel REIT (Singapore) Pte. Ltd.
4. Keppel REIT (Japan) Holdings Pte. Ltd.
5. Keppel REIT (Japan) Investments Pte. Ltd.
6. Ocean Properties LLP
7. Keppel Bay Tower LLP
8. One Raffles Quay Pte Ltd
9. BFC Development LLP
10. Central Boulevard Development Pte. Ltd.
11. Mirvac 8 Chifley Pty Limited
12. Mirvac (Old Treasury) Pty Limited