Change - Announcement of Cessation::Announcement on Cessation of Non-Executive Director

Issuer & Securities

Issuer/ Manager
ESR-LOGOS FUNDS MANAGEMENT (S) LIMITED
Securities
ESR-LOGOS REIT - SG1T70931228 - J91U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Jul-2022 18:21:55
Status
New
Announcement Sub Title
Announcement on Cessation of Non-Executive Director
Announcement Reference
SG220729OTHR6RBG
Submitted By (Co./ Ind. Name)
Adrian Chui
Designation
CEO & Executive Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached announcement.

Additional Details

Name Of Person
Tong Jinquan
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
29/07/2022
Detailed Reason (s) for cessation
As Mr Tong is no longer a substantial shareholder of ESR-LOGOS Funds Management (S) Limited, Mr Tong has tendered his resignation as Non-Executive Director of the Board.
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
08/01/2019
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Board Member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shanghai Summit Pte. Ltd. ("SSPL") owns 1% of ESR-LOGOS Funds Management (S) Limited. SSPL is wholly-owned by Mr Tong Jinquan.

Wealthy Fountain Holdings Inc holds 60 ESR-LOGOS REIT units and Skyline Horizon Consortium Ltd holds
13,172,094 ESR-LOGOS REIT units. Both Wealthy Fountain Holdings Inc and Skyline Horizon Consortium Ltd are wholly-owned by Shanghai Summit.

Leading Wealth Global Inc ("LWG") holds 242,012,678 ESR-LOGOS REIT units and is a wholly-owned subsidiary of Longemont Real Estate Pte Ltd, which is in turn a wholly-owned subsidiary of Shanghai Summit (Group) Co., Ltd. ("SSGCL").

Both SSPL and SSGCL are wholly-owned by Tong Jinquan. Therefore, Tong Jinquan is deemed to be interested in the 255,184,832 ESR-LOGOS REIT units held by LWG, Wealthy Fountain Holdings Inc and Skyline Horizon Consortium Ltd.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Tong holds 6.411% in ESR-LOGOS REIT (both direct and deemed interest).
Past (for the last 5 years)
Viva Industrial Trust Management Pte. Ltd. (Manager of Viva Trust)
IREIT Global Group Pte. Ltd. (Manager of IREIT Global)
New Century Asset Management Limited (Manager of New Century Real Estate Investment Trust)
Present
Shanghai Summit (Group) Co., Ltd
Shanghai Changfeng Real Estate Development Co., Ltd.
Shanghai Summit Pte. Ltd.