CapitaLand Ascott Trust - Investor Relations: News

Announcements Press Releases Presentations

Change - Announcement Of Retirement Of Mr Lee Chee Koon As Non-Executive Non-Independent Director

BackApr 19, 2021

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Apr 19, 2021 11:41
Status	New
Announcement Sub Title	Retirement of Mr Lee Chee Koon as Non-Executive Non-Independent Director
Announcement Reference	SG210419OTHRVP4W
Submitted By (Co./ Ind. Name)	Karen Chan
Designation	Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)	Retirement of Mr Lee Chee Koon as Non-Executive Non-Independent Director and Chairman of Executive Committee.
Additional Details
Name Of Person	Lee Chee Koon
Age	46
Is effective date of cessation known?	Yes
If yes, please provide the date	20/04/2021
Detailed Reason (s) for cessation	Mr Lee Chee Koon is Group CEO of CapitaLand Group and has served on the Board for almost 8 years. Mr Lee is stepping down as part of Board renewal.
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	01/06/2013
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	1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Non-Executive Non-Independent Director and Chairman of Executive Committee
Role and responsibilities	Non-Executive Non-Independent Director and Chairman of Executive Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries	None
Shareholding interest in the listed issuer and its subsidiaries?	Yes
Shareholding Details	46,440
Past (for the last 5 years)	Please refer to the attached Appendix A.
Present	Please refer to the attached Appendix B.

Attachments

Appendix A (Size: 23,378 bytes)
Appendix B (Size: 66,389 bytes)