Change - Announcement Of Cessation Of Appointment Of Non-Executive Independent Director
BackSep 29, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 29, 2023 17:19 |
| Status | New |
| Announcement Sub Title | CESSATION OF APPOINTMENT OF NON-EXECUTIVE INDEPENDENT DIRECTOR |
| Announcement Reference | SG230929OTHRA07R |
| Submitted By (Co./ Ind. Name) | LIM JOO LEE |
| Designation | COMPANY SECRETARY |
| Description (Please provide a detailed description of the event in the box below) | Cessation of appointment of Mr Peter Michael Heng as Non-executive Independent Director, Member of the Nominating and Remuneration Committee ("NRC") and the Audit, Risk and Compliance Committee ("ARCC"). |
| Additional Details | |
| Name Of Person | PETER MICHAEL HENG |
| Age | 63 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/11/2023 |
| Detailed Reason (s) for cessation | Mr Heng has resigned as Non-executive Independent Director due to personal reasons. |
| 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 | 31/03/2017 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-executive Independent Director, Member of NRC and ARCC |
| Role and responsibilities | Non-executive Independent Director, Member of NRC and ARCC |
| 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? | No |
| Past (for the last 5 years) | AIMS APAC REIT MANAGEMENT LIMITED |
| Present | AIMS APAC REIT MANAGEMENT LIMITED |
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Press Release (Size: 120,620 bytes)