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

Issuer & Securities

Issuer/ Manager
ASCENDAS HOSPITALITY FUND MANAGEMENT PTE. LTD.
Securities
ASCENDAS HOSPITALITY TRUST - SG2F05983695 - Q1P
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-May-2016 17:34:56
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG160506OTHRPHA9
Submitted By (Co./ Ind. Name)
Ms Mary de Souza
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Director

Additional Details

Name Of Person
Chia Nam Toon
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
06/05/2016
Detailed Reason (s) for cessation
Cessation due to update in work portfolio. Mr Chia (formerly Group CFO of Ascendas-Singbridge Group) has been appointed as CEO of Ascendas Funds Management (S) Limited (the manager of A-REIT) wef 1 April 2016.
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
23/11/2011
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Investment Committee Member
Board Risk Committee Member
Role and responsibilities
Non-Executive Director
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
115,000 units in Ascendas Hospitality Trust
Past (for the last 5 years)
Please refer to the attachment
Present
Please refer to the attachment

Attachments