CapitaLand Ascott Trust - Investor Relations: News

Announcements Press Releases Presentations

Cessation As Non-Executive Independent Director

BackApr 23, 2015

Announcement Title	Change - Announcement of Cessation
Announcement Subtitle	Cessation as Non-Executive Independent Director
Securities	ASCOTT RESIDENCE TRUST (ART)
Date & Time of Broadcast	Apr 23, 2015 18:26
Submitted By	Kang Siew Fong / Regina Tan Joint Company Secretaries, Ascott Residence Trust Management Limited
Description	Cessation as Non-Executive Independent Director and Member of Audit Committee of Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust.
Cessation Details
Name of person	Giam Chin Toon @ Jeremy Giam
Age	72
Is effective date of cessation known?	Yes
Effective date for cessation	Apr 24, 2015
Detailed reason(s) for cessation	Mr Giam will be stepping down as Non-Executive Independent Director and Member of Audit Committee of Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust.
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	Mar 23, 2007
Does the AC have a minimum of 3 members (taking into account this cessation)?	Yes
Number of independent directors currently resident in Singapore (taking this account this cessation)	3
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months	0
Job Title	Non-Executive Independent Director
Role and responsibilities	Non-Executive Independent Director
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries	Nil
Shareholdings interest in the listed issuer and its subsidaries?	Yes
Shareholding Details	44,337 units in Ascott Residence Trust
Other directorships
Past (for the last 5 years)	Please refer to Appendix A
Present	Please refer to Appendix B

Attachments

Attachment 1 (Size: 9,274 bytes)
Attachment 2 (Size: 8,607 bytes)