Change - Announcement of Cessation::Announcement of Cessation as Non-Executive and Non-Independent Director
Issuer & Securities
FRASERS CENTREPOINT ASSET MANAGEMENT LTD.
FRASERS CENTREPOINT TRUST - SG1T60930966 - J69U
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement of Cessation as Non-Executive and Non-Independent Director
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Philip Eng Heng Nee as a Non-Executive and Non-Independent Director on the Board and as a member of the Audit, Risk and Compliance Committee.
Name Of Person
Philip Eng Heng Nee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Eng has served as a Non-Executive and Non-Independent Director of Frasers Centrepoint Asset Management Ltd. ("FCAM"), the manager of Frasers Centrepoint Trust, since 3 April 2006 and is stepping down from the Board of FCAM as part of planned transition. The Board expresses its appreciation to Mr Eng for his dedication and invaluable contribution during his tenure of service.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director, and member of the Audit, Risk and Compliance Committee
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Please see attachment
Please see attachment
Total size =49K